Channels news – Page 1056
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Sainsbury's workers should be considered
Sainsbury's workers should be considered Dr Rowan Bradford Client director, Kaisen Consulting Sir; This week's surge in Sainsbury's share price shows that the bid...
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Price Survey - 28th April 2007
After a solid 10 weeks as the cheapest grocery retailer, Asda has been trumped by Tesco. Tesco beat its rival with a basket that was 27p cheaper than Asda's, at £45.05. Almost all the differential was down to the price of cucumbers, Tesco's costing...
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Musgrave talks takeover with Haslett
Northern Irish wholesaler and symbol group J&J Haslett has entered into exclusive takeover talks with rival Musgrave Group.Republic of Ireland-based Musgrave, which supplies 140 SuperValu and Centra stores in Northern Ireland, is thought...
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Delta confirms Sainsbury’s share purchase
Delta Two, a Qatar-based investment group, yesterday confirmed it had acquired a 17.4% stake in Sainsbury’s.The purchase makes Delta Two the supermarket’s largest shareholder.Analysts speculated that the group would join forces with...
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Waitrose boss quits and moves to M&S
Steven Esom, who sensationally quit as Waitrose MD yesterday, has defected to M&S to become its new director of food. He replaces Guy Farrant, who has taken on the role of director of retail and outlets. Esom oversaw a major...
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Does voodoo economics stack up for Sainsbury's?
All high finance involves some sorcery, but if billionaire property tycoon Robert Tchenguiz can bring about a £4bn cash payout to Sainsbury's shareholders, will it amount to a piece of accounting wizardry, or an act in black magic?
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Bargain Booze set to launch c-store format
Private equity-owned off-licence chain Bargain Booze is poised to take on Spar, Costcutter and Londis with a new c-store format.The chain has been developing the offer for the past 12 months and is set to unveil it in the...
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Bolland puts focus on Market Street
Morrisons is likely to prioritise a revamp of its Market Street format rather than the immediate replacement of its distinctive black and yellow fascia when chief executive Marc Bolland unveils its new look later this month.It is...
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Sainsbury's Carter takes helm at ECR
Diane Carter, Sainsbury's zone managing director for the east is to become ECR UK's new retail co-chair with immediate effect.Her remit at ECR UK, the retailer and manufacturer-led initiative managed by IGD, will be to drive...
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Tesco top for community spirit - Q&A and Availability
The relationship between Manchester's Burnage branch of Tesco and its local residents has been a regular source of controversy for local papers, but its family values have helped it win this week's Top Store award. The 55,000 sq ft store opened in...
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Ken must say no to Tesco Purley
Sir; I was horrified to read Tesco is planning to include open space as a sweetener to Ken Livingstone in its application for planning permission to increase the size of its Purley store (The Grocer, 7 April, p6). This conjures up pictures of an...
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Opinion - "Why is Sainsbury's under pressure to return money to its shareholders while Tesco's appear happy?"
Not bad, the Tesco results, were they? A quick back-of-an-envelope calculation tells me that Tesco's £2.55bn profits in 2006 were almost 10 times the £267m reported by Sainsbury's last year. In fact, at £520m, the increase in Tesco's profits on 2006...
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Retail Surgery - How to ward off crime and antisocial activity
Jonathan James Budgens retailer Says: Prevention is always better than cure. A lot of break-ins are opportunist so you need to do all you can to remove the opportunities. Good digital CCTV is affordable and easy to install, and in my stores any...
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New Zealand plans lamb super co-op
New Zealand lamb producers are considering forming a 'super co-op' to drive up prices in the $2.2bn per year export market.Agriculture minister Jim Anderton said the government would help the industry get round anti-monopoly legislation....
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Organic sales boost puts heat on growers
Organic vegetable growers say they are struggling to keep up with surging demand since Tesco started selling organic alongside conventional produce.Sales have soared since Tesco integrated its organic and conventional produce fixtures,...
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Tesco local milk range sparks supplier rows
A row has broken out within Dairy Farmers of Britain over which farmers will get contracts to supply milk for Tesco's new regional range.Some 150 contracts for the Localchoice milk are on offer, each worth 23ppl to farmers paid less than...
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Here's the brand new Kwik Save
Kwik Save is to shed its soft discounter image and adopt a new high street convenience-focused format - a move that could take it into direct competition with former owner Somerfield.Speaking exclusively to The Grocer, Kwik Save chief...
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Relaunched site is badly furnished
Tesco Direct is suffering serious availability problems, with nearly a quarter of its furniture out of stock just one month after the service was relaunched with thousands more products.The supermarket's full non-food home delivery...
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US venture 'on course' as start-up costs treble
Tesco insists it is on track to launch its US venture later this year - even though estimated start-up costs have trebled and progress has been dogged by planning delays.Tesco is to begin recruiting and training for its Fresh & Easy...
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Green label warerupts
Another labelling war looks a step closer after Tesco signalled it would not be adopting the Carbon Trust's new carbon footprint labelling scheme as it stands.As the Trust's label appeared on Walkers cheese and onion crisps for the first...