Channels news – Page 1140
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M&S shares moving fast
Shares in troubled retailer Marks and Spencer are rocketing amid rumours that Icelandic retail specialist Baugur could be building a 3% stake in the company.Reports in the City suggest that an Icelandic group has been building a stake in the...
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Small but perfectly formed?
In April, Asda opened a new store in Dyfed, South Wales. The new 16,000 sq ft Pembroke Dock store is smaller than Asda’s average 50,000 sq ft size store. However, despite its size, Asda has taken a bold move to stock both a food and a non-food...
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Growth tactics? Simple!
Asda president Andy Bond spells out his agenda to Julian HuntAndy Bond is in bullish mood. With sales and market share slipping in recent months, an apparent shift in promotional strategy now under way and difficulties finding new...
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How two became one
...without rationalising the buying teams. Fiona McLelland reportsJob losses are usually an inevitable part of the fallout after an acquisition, but not for the trading teams from Budgens and Londis.When the Musgrave...
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Tesco pulls ahead of the competition
Tesco has snatched the crown away from Asda and become Britain’s Favourite Supermarket – and also won two other accolades in this year’s awards. Siân Harrington reportsIt has been judged The Grocer of the Year for two years running by...
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The net’s fine haul
In a closely fought competition, Ocado has emerged triumphant as The Grocer Gold Awards’ first Online Retailer of the Year. The award is based on The Grocer’s quarterly barometer, The Grocer 33 Online, as well as a judging panel. Each...
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Debut for fair trade apples
Waitrose claimed a first this week when it began selling fair trade apples. The South African fair trade Granny Smiths are on sale throughout the retailer’s estate, priced at £1.79/bag of six fruit.The apples, described as firm with a “smooth...
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Don’t forget the people
When you buy a business, you’ve got to take the people along with you, argues Steve Crabb, who believes the writing is on the wall for the Morrisons/Safeway marriage of opposites Seasoned observers of the HR scene have been watching...
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Tesco triumphs at Grocer Gold Awards
Tesco swept the board at The Grocer Gold Awards last night – winning the top two prizes and the category award for best consumer initiative.Tesco was named Grocer of the Year and Britain's Favourite Supermarket at the awards dinner, held at...
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Stake-building rumours lift M&S shares
Shares in Marks and Spencer continued to rise yesterday as rumours mounted that an Icelandic group was building a 3% stake in the retailer.Shares in M&S rose 5p to finish at 351.75p, with 23.8 million shares changing hands during...
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Cheesewright to return to Asda from Canada
Andy Bond has called for the return of his former logistics director David Cheesewright one year after he departed to become Wal-Mart Canada’s chief operating officer.Asda has not confirmed which role Cheesewright will take up, but spokesman...
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Spar UK creates consumer insight role for Closhen
Spar UK has appointed Cornelia Closhen to the newly created position of consumer insight manager, where she will conduct tactical and strategic consumer research and develop new formats, store ranges and availability programmes.Closhen was...
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Breaking up is hard to do
The New Economics Foundation has proposed curbing Tesco with a break up. Outrageous? Or viable? Rachel Barnes reportsThis week the New Economics Foundation – the independent think-tank that promotes “real economic wellbeing” –...
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Testing times for Tesco
What are the implications of Tesco demanding accreditation for all spice suppliers for own label products, right back to first processing? Siân Harrington reportsJalapeno peppers may be hot but they have nothing on the heat emanating...
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Asda boosts organic and local
Organic and locally produced fruit and vegetables are to be at the heart of Asda’s plans for its fresh produce aisle.The retailer will increase the number of lines from 25 to 39 in July and 44 in September. Catherine Fay, marketing manager...
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Tesco is ‘beef’s best customer’
Tesco’s commitment to British beef is great news for the UK’s livestock farmers, according to John Dracup, producers’ club manager at St Merryn Foods.Dracup, speaking at Beef Expo 2005 in Wales this week, said: “I am convinced that St Merryn...
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Availability: who’s best
SUPERMARKET AVAILABILITY: June 2004 to June 2005 – quarter by quarterWhen it comes to getting product on shelf, it seems that nobody does it better than Morrisons. Having scooped the award for best availability for the past two years,...