Channels news – Page 288
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Waitrose top for service in the year of Covid while Asda stays cheapest
The upmarket retailer dominated its supermarket rivals in the latest Grocer 33 year
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Aldi extends Sunday opening hours for the Euros football tournament
Aldi’s new Sunday opening hours will be in place in England and Wales from Sunday 13 June
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Retailers hit back at NGO’s claims they are ‘lagging behind’ on chicken welfare
The Humane League urged supermarkets to ‘step up to the plate’ on the issue of chicken welfare
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BitesWeLove launches Crunchy Peas snack trio into Sainsbury’s Future Brands
The brand’s core range would appeal to health-driven consumers and tap the growing demand for wholesome snacking options, it said
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City Snapshot: Naked Wines pre-tax losses double despite sales surge
Booming online sales of wine helped propel Naked Wines’ annual revenues up 68% year-on-year, but the company remains loss-making as it continues to invest in new customers and growth.
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Losses continue to mount at beleaguered Thorntons
Revenues fell 15% to £103.7m for the year ended 31 August 2020, with pre-tax losses widening to £37.7m.
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Asda claims a rebound is underway after revealing big profits slump
Operating profit slumped by almost 16.7% last year to £486.5m thanks to Covid-related costs
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Morrisons shareholders vote against payout for David Potts
The vote came after a rebellion by investor advisory groups, who recommended shareholders vote against the report, including a whopping £1.7m bonus for the CEO
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Morrisons defends record on obesity after shareholder revolt
ShareAction has written to Morrisons chairman Andy Higginson ahead of today’s AGM
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Guild of Fine Food calls for government recognition of independents
Specialist food will help revitalise high streets if the government gives incentives for landlords, the body claims
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One Below aiming for 90 stores by the end of 2021
The business has already grown from about 60 stores before the pandemic to 75 now as retail vacancy rates provide expansion opportunities
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Sales at Bidfood affected by coronavirus-hit final three months of financial year
According to results filed this week, turnover had been outperforming the previous year up until the start of the pandemic
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Russian discounter Mere aiming for 300 UK stores in 10 years
The hard discounter, which claims it will undercut Lidl and Aldi by 20%-30%, is determined to scale its UK presence
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Sewell On The Go rolls out compostable carrier bags in sustainability drive
The introduction of the compostable bags forms part of the retailer’s new ‘Going Green’ initiative
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Supermarkets agree to change own label rules to send more to food banks
Supermarkets and suppliers are hoping to stop huge amounts of surplus own-label food being sent to animal feed rather than food banks
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Deliveroo riders to be trained to spot domestic abuse, drug dealing and human trafficking
The food courier platform will offer riders free Metropolitan Police-verified online courses
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CJ Lang to scrap Post Office in 31 company-owned stores
It will retain 17 Post Office sites across its company-owned estate
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Product discovery platform RangeMe launches in UK
Buyers from British retailers using the platform will be able to source more than 750,000 products globally
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Central England Co-op to invest £350k in sustainable community spaces
The new project aims to create sustainable spaces outside its food stores and funeral homes
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Groceries Code Adjudicator to probe Sainsbury’s range reset
White’s intervention comes despite Sainsbury’s coming top of the GCA’s YouGov poll for retailer behaviour