Channels news – Page 1111
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JS closes gap on Asda
Asda is facing attacks on all sides as it continues to come under pressure from unions, rival retailers and analysts.Its fears of losing the number-two spot came a step closer to reality this week as TNS till roll data for the four weeks to...
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The Morrisons shirts are off for Scottish players
Morrisons has confirmed that it will not be renewing its sponsorship of the Scottish national football team when its contract runs out in July.The retailer inherited the four-year contract to be a main sponsor of the Scottish national football...
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Costs cut in move to rail
Sainsbury is ramping up its cost-cutting drive as it enters the final leg of its three-year turnaround strategy with a move to switch some distribution to rail.The move comes as Sainsbury attempts to sort out its finances, using £350m from a...
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Iceland on the prowl
Iceland has launched its nationwide campaign to acquire stores, writing to property agents enquiring about leasehold, freehold and joint development opportunities.It is targeting 123 towns in the UK as potential sites for store acquisitions,...
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Big push as Budgens hits regeneration trail
Budgens has added weight to its ambitious plans to become a national franchise operation by vowing to open 25 new stores a year indefinitely.Musgrave Budgens Londis MD Mike Taylor kicked offa final push last week to sell the remaining 128...
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Somerfield succeeds in cutting checkout times
Somerfield appears to be gaining ground in the customer service arena. Figures from The Grocer 33 weekly shopping survey show that the retailer has managed to slash the average time that a customer spends at the checkout to five minutes and 30...
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New engineers to review Gerrards Cross project
Speculation is rife that Tesco could be planning to ditch the development of its ill-fated store at Gerrards Cross. It has axed the Jackson Civil Engineering team that was originally employed on the project, where the railway tunnel at the...
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Mason’s UK marketing work passed to Brasher
Following weeks of speculation, Tesco has confirmed that its commercial and trading director Richard Brasher will succeed Tim Mason as the retailer’s director of UK marketing.Analysts put Brasher’s name straight to the top of a list of possible...
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Tayloring MBL to fit
Can Budgens really juggle an ambitious divestment and expansion plan at the same time? Rachel Barnes talks to Musgrave Budgens Londis MD Mike TaylorIt’s been two years since Budgens announced it was to sell off its corporate-owned...
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Farmers hope for finer prices
Tesco is expected to unveil fresh details of a forward contract scheme for suppliers of beef to its Finest and organic ranges at a meeting taking place in Gloucester next month.The initiative was originally announced at the beginning of...
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Sunny D reviews product strategy
Asda has delisted ailing soft drink Sunny D, claiming the brand’s sales have fallen by 50% in the past two years.“Our analysis and customer feedback shows Sunny D is in long-term decline, with half the number of consumers buying it than was the...
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Sainsbury neck-and-neck with Asda
Sainsbury and Asda are neck-and-neck on market share, data from TNS has revealed.TNS said that in the four weeks to February 26, Sainsbury and Asda both had market share of 16.1%.Justin King, chief executive of Sainsbury, earlier...
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Quite simply, a new dawn
The newly appointed MD of Kwik Save, Paul Niklas, has exclusively revealed to The Grocer his plans for the 171 stores bought from Somerfield for an undisclosed sum this week by acquisition vehicle Back to the Future.The strategy will revolve...
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Suppliers to pay for More?
Asda is looking to reinvigorate its business with a new selling slogan, ‘More for you, For less’, as we predicted last week.The Grocer has learned that at an IGD trade briefing in Harrogate, Asda unveiled itsstrategy to win back ground lost...
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Asda faces union headaches
MPs have attacked Asda for its recent union track record as the GMB gears up for strike action.Labour and Tory MPs sternly criticised the supermarket in a parliamentary motion that condemned attempts to sack staff who refused to give up trade...
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Under-performers fall foul of purge
Spar retailer Waynes Foods has purged itself of under-performing store managers among its 110 shops in a bid to improve standards.The company, ranked fifth in The Grocer’s Top 50 league of independent retailers, has now launched a recruitment...
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Refinance bid ‘surprise’
Costcutter MD Colin Graves has lashed out at claims that it is in negotiations with Icelandic bank Kaupthing to clinch a £100m refinancing deal.Graves refused to confirm or deny national newspaper reports that he was set to nail the...
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Bird flu action plan
Supermarkets are finalising contingency plans to safeguard business continuity and stock availability in the event that bird flu hits Britain.Sainsbury said its plans were based around a number of scenarios, including speculation that one in...
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Umbro gets all shirty with Asda
Asda is considering lodging a complaint with the OFT after Umbro red-carded its request to purchase a consignment of England replica World Cup football shirts.The retailer said the refusal was nonsensical, particularly as it had existing...
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Fryett takes on Mason property role at Tesco
Tesco has started to share out the responsibilities of its marketing and property director Tim Mason, who is moving to the US next year to head the retailer’s convenience store business venture.It has appointed Tesco Ireland’s chief executive...