Channels news – Page 1057
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Price Survey - 21st April 2007
Asda's low-priced fresh fruit has helped the store become the cheapest retailer for the tenth consecutive week. The £52.95 basket contained pears that were 28p cheaper than its nearest rivals - Sainsbury's and Tesco - and bananas that were 15p less...
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Polish foods boost sales
Britain's appetite for Polish food is driving supermarket sales.Tesco said its sales of Polish foods had increased tenfold since they were introduced five months ago thanks to the influx of migrants following EU...
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Tesco makes bumper profit
Profits at Tesco were up 13.2% to £2.55bn, on group sales up 10.9% to £46.6 billion, it announced today. Group trading profits, which do not include property and exceptional items, were up 11.1% to £2.48bn: a profit margin of 5.3%. In the...
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Opinion - "The dark horse in all this is Robert Tchenguiz. Will be bring about his op-cos and prop-cos?"
Though it went closer to the wire than I thought, I always felt the Sainsbury's consortium bid was a non-starter. It would take, say, a £150m price-cutting programme by Tesco to derail Sainsbury's profits, which are only just starting to recover. On...
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Asda to score its suppliers and rope in shoppers in drive to reduce packaging
Suppliers to Asda are to be issued with a new 'packaging scorecard' this year as part of its bid to cut waste.The scheme, to be implemented imminently, is being imported from across the Atlantic, where it was rolled out by Asda parent...
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PayPoint gets phone loyalty scheme that Sainsbury's lost
A mobile phone-based loyalty scheme set for a nationwide launch in c-stores this summer was the subject of an aborted trial with Sainsbury's that started as long ago as 2005.Plans to roll out the Shop Scan Save loyalty scheme to PayPoint...
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Sharper Co-op Group tactics deliver 'tremendous' uplift
The Co-operative Group this week hailed a "tremendous" turnaround of its food operations, as it reported strong annual sales and its fifth successive quarter of like-for-like growth.Guy McCracken, CEO of Food Retail for the Co-operative...
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Aldi store goes underground to preserve local landscape
Aldi is set to score a design first when it opens what is believed to be the UK's first underground supermarket later this year.The Germany-based discount chain has lodged a planning application for the new store, which is to be located...
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Rafe winning Waitrose war - Q&A and Availability
The Sainsbury's store on Dorking high street, Surrey, has scooped the Top Store award this week, thanks to its excellent availability and hospitable and knowledgeable staff. Our shopper was well received by members of staff and described the...
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Can 'The Best' cut it with the others?
With all eyes on the 'will they won't they' saga surrounding the possible bid for Sainsbury's, the industry's first look at Marc Bolland and his vision for Morrisons may have passed a few watchers by. So I'd like to examine what he said and the...
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Bogof's week - 14th April 2007
Tesco Tel reportedly 'stunned' the audience at the World Retail Congress in Barcelona by revealing that the stores he most admired were Aldi, Ikea and Starbucks. Well, what did everyone expect? He was hardly going to plump for Sainsbury and...
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Daylesford organic
Highly polished white marble floors and walls are just one design feature making the interior of Daylesford Organic's new store on Pimlico High Street truly stunning. Less than a month after being established, it has become a popular...
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Farmers want the Tesco treatment
Tesco's move to raise milk prices and work directly with dairy farmers looks set to open the floodgates for similar demands from other farming sectors.Livestock farmers are already talking about securing retailers' support by the end of...
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Tesco says price hike trumps Asda contract
Tesco said it had overtaken Asda with its decision last week to put all liquid milk suppliers on contracts worth 22p per litre.Trading director Richard Brasher said the retailer would pay farmers a premium of up to 5ppl instead of Asda's...
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Small label - big difference?
It's not often Tesco is beaten at its own game, but its plan to launch a carbon footprint label was trumped last month by a packet of cheese and onion crisps. Walkers crisps will become the first product to carry the new Carbon Trust label,...
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Williamson to oversee Waitrose supply chain
The job of improving the Waitrose supply chain will be handed over to Mark Williamson next week.The head of buying for bakery, grocery and wines for Waitrose will succeed Tony Solomons as supply chain director, with responsibility for...
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Waitrose launches free mag dedicated to BWS products
In a bid to encourage customers to try new drinks Waitrose is launching a dedicated in-store magazine.The 24-page free magazine, entitled Thirst, will be distributed monthly across all 183 Waitrose branches. It is being produced by the...
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Price Survey - 14th April 2007
It might be lagging in our Top Store awards but Asda is enjoying an impressive run in our price survey. This week's basket - the cheapest at £43.25 - represents Asda's ninth consecutive week as cheapest retailer, but Morrisons was only seven pence...
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Hilton Food Group eyes flotation
Meat processing and packaging company Hilton Food Group could be planning to list on the stock exchange for up to £110m next month.The firm, which packs half of Tesco's beef and lamb, is planning the flotation to fund expansion, with plans...
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"Tesco's announcement that it would pay farmers up to an extra 5p a litre was a PR masterstroke"
As our Weigh It Up! campaign hit a new high point this week, with a pledge by the Conservative Party to back our calls for a review of the Nutrient Profiling Model, I thought I ought to talk about something else for a change. So let's look at ...