Channels news – Page 1126
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Bowling ’em over
Asda is claiming a great success with its first foray into the Northern Irish grocery market.It said sales at its first four stores had exceeded its weekly sales targets by 30% in their first week of trading.Chief executive Andy Bond said:...
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MBL ‘needs huge culture change’
Musgrave Budgens Londis has called on suppliers to work closely with the group to simplify relationships.Speaking at the group’s supplier conference this week, trading director Barry Williams said communication had been at fault for under-...
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Musgrave’s 11m golden goodbye to McGettigan
Former Musgrave executive Eoin McGettigan, who quit earlier this year, is believed to have left with a golden goodbye of more than 11m. The private group’s accounts record a payment of 11.073m in “compensation for loss of office”. The recipient...
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Morrisons admits first loss on way
Morrisons has admitted that it is likely to make the first loss in the company’s history when full-year results are revealed next March.The beleaguered supermarket chain announced a loss before tax of £73.7m for the 25 weeks to July 24,...
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Morrisons finalises corporate structure
After months of indecision and highly publicised boardroom battles, Sir Ken Morrison, chairman of Morrisons, has finalised the corporate governance structure of the supermarket group.This follows the decision of CEO Bob Stott to leave the...
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Palmer takes up OMSCo marketing post
Organic milk co-op OMSCo has appointed Rosie Palmer to the newly created role of marketing manager. Palmer takes up her role with immediate effect and will be responsible for OMSCo’s marketing and technical strategies, as well as overseeing...
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Star order:Tesco
>>Smooth ORDERING; FULL DELIVERYFor the second online shop in succession Tesco has left its rivals in its wake. If the world of online retailing is not to follow the same route as the supermarket industry, the other leading...
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Almost a done deal
After more than two years of wrangling and controversy, a bid for Somerfield is on the table. Fiona McLelland reportsIt is the deal that one analyst quips has taken longer than Lord of the Rings to conclude. And in the end, only one...
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The space race
Tesco may appear to dominate the grocery landscape, but research shows pockets of opportunity, says Liz HamsonAnd it’s not just the big four that are are showing their mettle. Somerfield has managed to get its name on the map for...
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Supplier Spotlight
Four years ago, Kent fruit grower Adrian Scripps switched from supplying several retailers with its apples and pears to being totally dedicated to Tesco.Instead of being a risk, it has brought benefits, says MD James Simpson, who argues that...
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Losing? Whose fault is that?
Mason warns that there will be little let up in Tesco’s expansionRival retailers have only themselves to blame for not managing to keep up with Tesco, Tim Mason, the retailer’s marketing director, hinted at this year’s IGD Convention.Mason...
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Morrisons results expected
All eyes are on Morrisons this week as the supermarket group prepares to release its half-year results on Thursday.Analysts are finding it hard to predict what Morrisons could report, after the group said earlier this year that profits would...
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Biggest for non-food
Tesco is preparing for the Christmas rush with the opening of a 750,000 sq ft distribution centre dedicated to its ever-growing non-food division.The site in Daventry will be Tesco’s biggest in the UK and is expected to be completed next month....
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The natives are restless
Consumer unease at Tesco’s dominance is growing with one in three shoppers now believing the supermarket giant has become too powerful and is killing off competition and choice, an exclusive survey for The Grocer reveals. Eight months ago, just one...
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King: we’ll overtake Asda
Sainsbury will overtake Asda to become the number two supermarket by sales in 2006 if the current rates of growth at both retailers continue, says chief executive Justin King.“If Asda doesn’t grow, which it hasn’t been doing, and we continue as...
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Are they falling out of love with Tesco?
The national media backlash against Tesco may be gathering pace, but that doesn’t mean shoppers are falling out of love with it. Or does it, asks Liz HamsonThere’s a thin line between love and hate and, as far as consumer attitudes...
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Tell it like it is, Sir Ken
Morrisons is set to come under fresh pressure from investors on Thursday (October 20) when it is expected to finally reveal the true cost of taking over Safeway.The retailer is due to announce its interims for the six months to July 24...
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It Asda be In Colour
Asda has promised its support to the Fresh Produce Consortium’s planned campaign, Eat in Colour, and has urged its rivals to do the same. Fresh produce marketing manager Alison Dakin said Asda would offer financial backing to the drive and...
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Asda ‘chip away’ plan sparks ire
Asda has caused outrage among its warehouse workers after a leaked document revealed it was considering implementing cost-saving measures at the expense of health and safety regulations.The ‘Warehouse Chip Away Strategy 2005’ document, seen by...