Channels news – Page 1232
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Press round-up ... Safeway
The Daily Telegraph reported that Safeway shares plunged 28.75p to 265.25p after Philip Green, the BHS and Arcadia owner, was the only suitor cleared to launch a takeover bid for Safeway.The paper said the City fears that Green, who prides...
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Press round-up ... Safeway
Retailers and consumer pressure groups all submitted formal submissions to the Office of Fair Trading on Friday, reported The Business. The Consumers’ Association threw its support behind Morrisons, arguing that a “fourth aggressive player in...
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Press round-up ... Safeway
A letter to The Grocer which accuses Safeway of threatening to axe its suppliers unless they make upfront payments to the retailer has been flagged up by The Daily Telegraph.The comments emerged as the Office of Fair Trading is considering bids...
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Asda offers permanent jobs to temps
Asda has offered permanent positions to 2,000 of the 10,000 temporary workers it took on at the end of last year to cover the run-up to the festive period. The supermarket said seasonal workers and students traditionally filled its...
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Press round-up ... Safeway
Philip Green's planned £3bn offer for Safeway is understood to face referral to the Competition Commission, according to the Observer. Lawyers at top City law firms told the paper that five out of the six bidders would probably be referred after a...
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Tesco renews assault on Irish market
Elaine Watson Tesco Ireland is ramping up store openings this year after a relative lull in 2002. Six new stores and three replacement stores are planned, taking store numbers in the Irish Republic up to 82 as part of a £66m investment....
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Cashing in on delivery
As independentschange, what fate awaits cash and carries? By Elaine Watson Warnings of doom for the independent retailer have been coming in almost as fast as bids for Safeway since Tesco announced plans to get into neighbourhood retailing....
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Brands are on the move
The retailer chart remains relatively stable in terms of positioning this week with only Sainsbury and Safeway on the move. Sainsbury shifts up one place to number four, pushing Safeway down to number five. Morrisons remains in the number one...
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When Safeway boss Carlos Criado-Perez unveiled his Gonzalez
New research from market research group Taylor Nelson Sofres Superpanel, revealed here for the first time, shows just how big a role these Temporary Price Reductions (as TNS dubs them) now play in Safeway's sales profile. The data relates to total...
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The Safeway takeover is already a spectator sport, a classic
This is real politics, with MPs stirring. After decades of backing the Conservatives, boards must be happy that they became born-again New Labour just in time. This is not about favours being called in, but contacts and PR. There are four key...
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Angus breed brand success
Vic Robertson Asda's switch to Aberdeen-Angus beef for its Extra Special' range has cut customer complaints about quality by 60%, the multiple has claimed. In the six months since its launch, the range has built up a £3m a year market ...
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Safeway pledge to own label expansion
Simon Mowbray Development of Safeway's own label offering will continue despite the supermarket chain's uncertain future. The company said its insistence that it was "business as usual" applied to all areas of its operations and "most...
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M&S plans Simply Food trials at m-way services
Marks and Spencer plans to open two pilot Simply Food outlets at Moto’s Reading and Heston service areas on the M4.The sites have not yet been secured, but talks with Compass, which operates the service areas, are in an advanced stage. One...
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The essential Safeway event
Keeping on top of the latest developments in the Safeway auction frenzy is not easy neither is getting a handle on the possible implications for the grocery market. But help is at hand. The Grocer has teamed up with industry experts to run a...
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Sainsbury moves in with Conran
Sainsbury has exchanged contracts with Conran Holdings to develop a 10,000sq ft store within the Bluebird Gastrodome on London's King's Road. Branded Sainsbury's Market at Bluebird,' the store will stock 7,500 lines, including new product...
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Infolink protests grow
Sainsbury has rejected claims that technical glitches are thwarting its attempts to build a more efficient supply chain. As part of a complete supply chain systems overhaul, Sainsbury has been developing a website called Infolink. This allows...
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Iceland is driving home its great deals message with new poi
The figure is a "conservative estimate" of how much customers will save through buy-one-get-one-free (BOGOF) offers and meal deals at Iceland in January and February, said a spokeswoman. "We've launched into 2003 with a fantastic package of...
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Confused? Don't be ...
Keeping on top of the latest developments in the Safeway auction frenzy is not easy – neither is getting a handle on the possible implications for the grocery market.But help is at hand. The Grocer has teamed up with a host of industry...
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Press round-up ... Safeway auction
Morrisons' £2.4bn bid for Safeway received a boost yesterday when the company issued a bullish trading statement ahead of its offer document posted today.In the four weeks to 26 January like-for-like sales were up 5.2% on last year compared with...
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Asda product recall
Asda has warned its shoppers to return a number of products, which have been mislabelled with a milk-free icon and available at its stores from next Monday, February 17.The products do not contain milk but have been produced at a factory...