Channels news – Page 1058
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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 ...
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Tesco gets into park life with Ken as it plans to turn Purley into retail colossus
Tesco is preparing a charm offensive as it bids to build what would be the UK's biggest supermarket. It wants to extend its Purley Extra store in south London from 82,000 sq ft to 139,000 sq ft, and is to begin a series of public...
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Tesco turns up heat on rivals in planning row
Tesco went on the offensive this week, lashing out at its biggest rivals in its latest submission to the Competition Commission's groceries inquiry. In a thinly veiled attack on Asda, which called for reform of the planning regime in its...
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Rejected 31% profit margin 'proves the waterbed effect'
A confectionery supplier has hit out at the supermarket chains after Morrisons rejected one of its products because the 31% profit margin it offered the retailer was considered too low.Roy Willett, MD of manufacturing wholesale...
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United: merger would spark acquisition drive
Peter Marks, chief executive of United Co-operatives, has promised a ramped-up acquisition programme if United merges with the Co-operative Group. ?Marks, ?who will become chief executive of the enlarged society if the deal goes...
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Somerfield takes action to boost flagging stock levels
Somerfield is overhauling its supply chain and in-store procedures in a bid to revive its flagging availability levels. Last month the retailer, which is the subject of takeover speculation, had an availability rating of just 93.8% having...
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Morrisons on the road to multi-format future
Morrisons will open its smallest new store in 20 years in the Glasgow suburb of Erskine later this year. At 24,800 sq ft - nearly half the size of the Bradford-based retailer's usual supermarket - it looks set to be the first of a new...
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Tesco clothes supremo rejects M&S approach
Tesco's clothing boss Terry Green has rejected a lucrative job offer with Marks & Spencer. The style guru, who is responsible for the soaring success of the supermarket's fashion business, had been approached by M&S chief executive...
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A Welsh winner for Waitrose - Q&A and Availability
Waitrose at Barry in Wales won the Top Store award this week after ticking every box on our mystery shopper's list despite its profile being least suited of the top six supermarket chains in the local demographic. It provided a full basket and staff...
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'Flawed' local definition needs to go, says Tesco
So just how local is local? This is the question Tesco posed once again this week when it stepped up pressure on the Competition Commission to ditch the market definition it has been using and accept that competition should be measured on a...
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'Flawed' local definition needs to go, says Tesco - The SSNIP approach
Tesco says that the SSNIP test - which stands for small but significant non-transitory increase in price - should be applied to a wider market than it is at present. Sometimes referred to as the hypothetical monopolist test, SSNIP can be used to ask...
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New Macrae plant services Waitrose
Macrae Edinburgh is to open a new seafood processing plant in Livingstone, Scotland, dedicated to Waitrose.The Young's Seafood-owned company said its £10m factory in Starlaw Park would produce more than 100 product lines for Waitrose,...
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Price Survey - 7th April 2007
Asda has claimed the title of cheapest retailer for the 11th time this year and the eighth week in a row in The Grocer 33 pricing survey this week - despite a complete overhaul of the list of 33 items shopped. It produced a £44.16 basket by...
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Tesco questions 'local market'
Tesco will question the Competition Commission's definition of a local grocery market in a submission to the watchdog due to be published later today.In an emerging thinking document published in January, the Competition Commission said its...
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Asda unveils plan to catch up online
Asda is to take on Argos and Tesco Direct in the online sector later this year with a relaunch of its internet offer. The retailer is hoping to make its entire store offer, except for George clothing, available on Asda.com by October. US...
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Aldi's the chain that really does it for me, Leahy tells astonished audience
Tesco chief executive Sir Terry Leahy has revealed that discounter Aldi is the rival supermarket chain he admires most in the world.The revelation drew gasps of surprise from the 200-strong audience gathered at the inaugural World Retail...
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Two bidders circling NI wholesaler J&J Haslett
Northern Ireland wholesaler and symbol operator J&J Haslett could be on the verge of selling up after receiving two approaches from companies looking to buy the business. The group, which operates the Mace symbol in the province, is...
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Asda chiefs take action to improve stock availability
Asda has introduced measures to improve availability, after admitting levels fell in 2006 due to poor planning over the summer and a switch from bogofs to other types of promotion. This week, general store managers did their first week on...
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Book reviews
Tesco is again coming under fire, this time in book form with the publication of Tescopoly, this month. The book should not be confused with the Tescopoly Alliance - an organisation concerned with the negative aspects of supermarket...