Channels news – Page 1131
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Sir Ken hires Manduca as his fourth non-exec
Sir Ken Morrison, chairman of Morrisons, has delivered on his promise to appoint a fourth non-executive director, with fund management veteran Paul Manduca joining the board.The appointment comes four months after Sir Ken told shareholders at...
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playing field should not be so unfair
from John Pheysey, ChesterSir; Tesco chairman David Reid was this summer quoted as saying that it was “a myth” that Tesco Express stores were endangering the livelihood of independent traders.In every respect, Tesco is a...
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Spot the difference
Tesco has lost its first-mover advantage, says Rachel BarnesDevelopment of a £1bn premium own brand and rapid expansion into non-food have propelled Tesco to almost double the market share of either Asda or Sainsbury. But has Tesco...
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More join ranks to cut salt
Asda and Tesco are leading the way in the health debate by getting behind the government’s drive to cut the average person’s intake of salt to a target of 6g a day by 2010.Both supermarkets have reaffirmed their commitment, with Tesco...
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Co-op merger due
The pace of consolidation in the co-operative retail sector is increasing, with Ipswich & Norwich Co-op and Colchester & East Essex Co-op set to become the latest to merge.The move is scheduled for the end of next month, having been...
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Morrisons triumphs in cheese awards
Morrisons in Woking and Low Sizergh Barn Farmshop in Kendal emerged triumphant in this year's Retail Cheese Awards sponsored by Dairy Crest and The Grocer.The stores were named UK champions in the categories for best multiple and best...
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Tesco launches sports scheme
Tesco is to target 35,000 schools and clubs with its new multi-million pound corporate social responsibility scheme, Tesco Sport.As first revealed by The Grocer last month, the initiative, which was officially announced today by marketing...
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Morrisons faces strike action
Morrisons is facing the threat of possible strike action at its distribution centres after the retailer said that it would be restructuring and reviewing its warehouse and distribution network.More than 7,000 workers were balloted on strike...
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Unified fascia revealed
The Co-operative Movement has launched the trial of a new look that is to unite all 42 co-operatives under one brand.As first revealed by The Grocer (August 13, p9), the clover leaf and fascias such as Co-op Welcome, Late Shop and Travelcare...
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Tesco claims it’s no big deal
Retail king defends c-store acquisitions as IGD reveals extent of its dominanceTesco has insisted that its plan to acquire as many as 30 Safeway forecourt c-stores does not mean it is reneging on a vow to grow its Express format by only...
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Way ahead of its rivals
Tesco has totally decimated the competition over the past year, reveals the latest IGD Grocery Retailing Report on the UK market. The multiple’s turnover was a whopping 82% greater than its nearest rival, Sainsbury, according to the report....
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‘It’s their fault. They started it’
Marks and Spencer is to launch a probe into its deals with food and drink suppliers amid claims that the latter are getting their own back over tough contract deals by hiking up the value of invoices for new business.The Grocer has discovered...
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Asda top of class
The supermarkets have beaten the high street in this year’s back-to-school battle – and Asda George has come top of the class, reveals a consumer survey carried out for The Grocer.In the survey, conducted online by Harris Interactive, 41% of...
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The lure of the east
Sally Hopson, MD of Asda’s northern division, has switched roles to head the multiple’s eastern division, replacing Mark Blundell, who is moving back toAsda House to lead the Projects Change Group.Hopson took up the role in August last...
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Star Buyer: Michael Seymour
>>Tesco buying manager for butter and fatsSeymour has been with Tesco for eight years and has been in his current role, responsible for buying butter and fats, for 10 months. He previously worked as a cheese product development and...
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There’s no stopping Tesco
In the week that Wal-Mart CEO Lee Scott has called for a probe into the dominance of Tesco, IGD’s Grocery Retailing Report 2005 reveals how powerful it has become. Liz Hamson reportsIn the long term, a number of players may be...
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Kenco’s sustainability debut
Kraft Foods is launching an instant coffee, called Kenco Sustainable Development, made entirely from beans from certified sustainable sauces.The coffee, which will be available first in Waitrose and then other major UK supermarkets this autumn,...
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Brewers reap thirst for specialist beers
Authenticity is the name of the game for Dutch brewers, who are ideally placed to supply the UK demand for genuine importsSpecialist import beers are moving up buyers’ shopping lists, with retailers such as Asda and Sainsbury seeing...
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Tesco way ahead of its rivals
Tesco has totally decimated the competition over the past year, reveals the latest IGD grocery Retailing Report on the UK market.The multiple’s turnover was a whopping 82% greater than its nearest rival, Sainsbury, according to the...
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Somerfield must sell 12 stores
Somerfield must sell 12 of the 115 stores it acquired from Morrisons, the Competition Commission has concluded.In a statement released this morning, Christopher Clarke, chairman of the inquiry, said: “Following responses to our provisional...