Channels news – Page 1186
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Bosses brief interested parties about Londis operations and finance
Bosses at Londis made presentations to potential bidders this week to give them a better understanding of the business.Vice chairman and acting chief executive Peter McNamara and senior managers gave interested parties detailed briefings on...
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Buyer exodus detailed
Morrisons has ended the long wait for Safeway buyers, announcing when they will be made redundant and offering about 70 new buying positions at its Bradford HQ.Trading teams were told the news at debriefing sessions on Monday, after waiting...
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Waitrose gets a perfect fit
The Safeway stores Waitrose has picked up in the north of England are a perfect fit for its upmarket format, new research has revealed.Analysis conducted by CACI has revealed that the Safeway store Waitrose has acquired in Harrogate – the...
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Tesco goes for colour-coding to quickly identify frozen food lines
Tesco is aiming to boost availability by developing a colour-coded packaging system with the British Frozen Food Federation to help its staff locate frozen food stocks.“Freezers are empty, but staff are not able to quickly identify foods at the...
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Asda cranks up home shopping
Asda is embarking on a major expansion of its online shopping service after months of retrenchment spent improving customer service.Starting from August, an additional 21 stores will offer online shopping in a phased rollout, with a particular...
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Sainsbury pays highest return in our portfolio
In the week when Sainsbury’s shareholders received news of a major windfall, research by The Grocer confirms that the retailer pays the best dividend of any of the top UK multiples.Two years ago we bought £100 worth of Sainsbury shares as part...
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Coors’ epic Tesco deal
Coors Brewers has teamed up with Tesco as part of a branding deal to support the brewer’s newly-launched Coors Fine Light. The brand is featured on the side of 50 of the retailer’s delivery vehicles in a move that Coors said was confirmation of...
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Six of the best: tobacco and accessories
>>nominated this month: asda, booker, budgens, the co-operative group, somerfield and tescoDanny Aytoncategory buyer, BookerAyton joined Booker in 1998, having worked for BP as a retail category buyer, and then One Stop...
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Investor’s chronicle
The Grocer’s basket of shares is back in the black and has outperformed the FTSE 100. Sean McAllister reportsWho would have thought over two years ago that Somerfield would prove to be our best stock market investment? But then,...
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Own label hits shelves faster with web specs
Tesco and Asda are relaunching their online technical information sites to get new products to market faster.The new Tesco due diligence information system developed by software supplier Ramesys will allow suppliers to validate their own...
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Cottle takes on key role
Sainsbury has promoted Finn Cottle from head of dairy trading to head of fresh foods product development, as it fights for market share in the key convenience category.Her role includes responsibility for Sainsbury’s regional foods offer and...
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Spar aims to up standards
Spar is to clamp down on store standards as competition in the convenience sector intensifies.In June it will launch a scheme to cover minimum legal requirements, millennium store compliance and standards. The scheme will have two strands...
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Tesco set for 75% FGP target
Tesco plans to increase its volumes through factory gate pricing from 66% to 75% within the next 12 months.Supply chain director Stuart Ross told suppliers at the IGD Supply Chain Transformation conference that he expected 15 million cases per...
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JLP unveils credit card
The John Lewis Partnership has launched a credit card for John Lewis and Waitrose. The HSBC-backed card offers six months interest-free credit on balance transfers and rewards of up to 1% of spend issued as vouchers. JLP card director Caspar...
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Spar blitz looks to women
Spar is upping the ante as it seeks to become the biggest and best convenience brand in the UK and to stay one step ahead of its multiple rivals.A series of initiatives has been designed to help improve customer perceptions of the Spar brand...
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First Safeways go to Waitrose
Tesco and Sainsbury are frontrunners in the race to pick up the remaining Safeway stores that Morrisons must sell to satisfy regulators.Waitrose this week picked up 14 stores from the disposal list plus four other Safeway stores and a Morrisons...
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Somerfield earmarks 40 stores for conversion
Somerfield has selected 40 stores to convert to its new Essentials and Market Fresh formats in the next financial year as it steps up its refurbishment programme.Sales uplifts from trial stores at Carshalton and Wanstead (Market Fresh),...
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Maximum fine for Lidl
Lidl has been fined E9,000 for breaching new unit pricing laws in the Irish Republic.The new rules, which came into effect on March 1, require retailers to display a price per litre or per kilogram for all products sold by quantity, helping...
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ESL trial for OS&G Co-op
Oxford, Swindon & Gloucester Co-op is planning to trial electronic shelf edge labels from Fujitsu at its Swift Shop in Walton Street, Oxford, during the summer.Group general manager retail Bill Laird said he was planning a trip to Australia to...
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Is there any future for independents?
Last week yet another independent bit the dust with Somerfield’s acquisition of Aberness, which owns or distributes to some 170 c-stores in Scotland under the Mace fascia.Signalling the first aggressive move by one of the smaller...