Channels news – Page 1319
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It's now too late for former staff to claim says M&S
Marks and Spencer will not be facing a huge pay out to former managers, the chain has claimed. Former M&S food marketing and design executive Gerry Hodes was unfairly dismissed last year, according to a recent industrial tribunal decision, and is...
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Mergers: THE MATING GAME
With all this talk of another European mega alliance in the air, who would make a good partner for Tesco, Sainsbury or Safeway? Gerald J Corbae and Anita Balchandani of Roland Berger get into blind date mood with the hard facts The food...
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Somerfield: U-turn: We don't want the distraction'
The new Somerfield management team has announced a u-turn in the company's plans, taking 350 Kwik Save stores off the market. The announcement caused a sudden drop in share price last week after the City baulked at the third change of direction in...
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Multiples: Asda's month on month share slips
Asda's market share figures suffered a "disappointing" drop last month, according to the latest Taylor Nelson Sofres figures. Although its year on year market share showed a 1% rise, the month on month market share change dipped 0.7%. Salomon...
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C0-op: Egg colouring is no yolk
The Co-op has followed Iceland's lead by selling eggs from chickens fed a natural diet. Buyer Geoff Cox said the society would source its entire range of eggs from hens fed an artificial ingredient-free and GM-free diet once a suitable supplier had...
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Iceland: Walker defends Greenpeace 28
Iceland chairman Malcolm Walker has given evidence at the trial of 28 Greenpeace supporters charged with theft and criminal damage after they destroyed a trial crop of genetically modified maize at a Norfolk farm. Walker, who has been a member of...
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Property moves Sainsbury takes the big one
Sainsbury has taken a pre-let on what is believed to be the UK's largest single warehouse unit. It has taken 695,000 sq ft at Kier Ventures' Waltham Point in Waltham Abbey for a regional distribution centre. Sainsbury is to occupy 88% of the 50...
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United Norwest on a roll
United Norwest Co-op has reported its sixth successive year of rising profits. The society the country's second biggest after CWS reported a 65% jump in pre-tax profit in the 12 months ending January 22. Excluding exceptionals, profit was up...
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Former Somerfield ceo on the scent of a truly fresh challeng
Exclusive Julian Hunt David Simons is already plotting how to make his comeback to the retail scene and that could include making a bid for Somerfield. Speaking for the first time since he was ousted as Somerfield's chief executive, Simons...
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news special: Tesco results: Asian giants probed for opportu
Japan and China are being targeted by Tesco as it accelerated its overseas expansion. Deputy chairman David Reid said: "We believe there are opportunities to open hypermarkets in these countries that's the attraction. We have people out there and...
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Organics: M&S set for exclusive ranges
Marks and Spencer has announced a joint organic farming venture with the Agricultural Development and Advisory Service. Through the venture, a range of brassica crops and some root vegetables could also be tested for sale on an exclusive basis....
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Every day low pricing: Just when does 'cheap' become nasty,
Asda's Every Day Low Pricing is rewriting the promotional rule book for marketers trying to sell their brands, and is changing the competitive face of grocery retailing. But will it last? And is there a danger in being too dogmatic when it comes to...
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The Grocer Focus on fruit juices and juice drinks: Top 10 br
1. Sunny Delight juice drink 2. Ocean Spray juice drink 3. Sainsbury long life juice 4. Del Monte pure juice 5. Tropicana pure juice 6. Tesco ...
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Republic of Ireland: Dunnes Stores moves to match Tesco's ex
Dunnes Stores upstaged a major investment announcement for the Irish market this week from its main rival, Tesco, by offering details of its own expansion plans. As Tesco promised four new stores and 1,000 extra jobs over the next 12 months,...
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Asda busy sowing seeds
Asda is ploughing £3m into organic farming by launching its own three-year conversion support scheme. The investment comes as part of a package of measures designed to help farmers cope with the industry's crisis. Allan Leighton told some 250...
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Safeway service fails to please
Sir; What is it with Safeway? Don't they want to keep their customers? When I read in The Grocer about Safeway preaching how crucial an issue availability is for them even to the point of charging their suppliers to help keep their shelves...
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That Rollback effect at Asda brings in cheapest hot cross bu
With a repeat of last week's shop, Asda has proved that last week's Rollback result was a permanent feature not a one-off glitch. However, this week's £37.96 at Asda West Bridgford slipped against last week's £37.71. Some of the difference can be...
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News special: Tesco results Consolidate? We're happy by our
Tesco has no need to take part in the consolidation sweeping through the world's supermarket industry, claims chief executive Terry Leahy. Speaking as the company confirmed its status as the UK's top grocery retailer, Leahy insisted: "We have a...
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A stretching' rebranding
Waitrose will reopen three of its rebranded Somerfield stores by June. But the store openings, in Sudbury, Paddock Wood and Hythe, will mean Waitrose's services department will be "uncomfortably stretched", as the company rushes to open the other...