Channels news – Page 303
-
NewsBuyout funds eyeing ‘undervalued’ UK supermarkets
Global buyout funds are eyeing the opportunity to take more UK supermarkets back into private hands after Covid left the major grocers undervalued
-
NewsAsda ready to slash range by up to 40% in End2End reset
Stores will be transformed into a simplified “discount model”, reducing ranges to prioritise availability of key SKUs
-
NewsE-commerce growth behind soaring demand for logistics space
The number of individual deals completed had more than doubled year on year
-
NewsScotmid Co-op results reveal sales up 6.2% to £409m
Society’s trading profts increased by 14.3% to £6.4m
-
NewsAsda appoints John Fallon as new CFO ahead of Issa brothers takeover
Fallon will replace Rob McWilliam who is returning to a portfolio career
-
NewsCity snapshot: Ocado invests in AI firm Oxbotica to develop vehicle fleet
Ocado has announced a partnership, including a £10m investment, with Oxford based autonomous vehicle software company Oxbotica to develop a range of vehicles
-
NewsM&S sues Aldi over Cuthbert the Caterpillar cake’s similarities to Colin
M&S claims Cuthbert amounts to trademark infringement and is demanding Aldi remove the product from sale
-
NewsNisa retailers could earn up to 5.5% rebate in new Fresh Rewards model
The new rebate terms are calculated on weekly order value, as well as the level of Co-op own-brand products the retailer stocks
-
NewsUnitas Wholesale launches ‘Get Social’ workshops
The workshops will include tutorials on driving sales through Facebook, Twitter, Instagram and LinkedIn
-
NewsDCS Group launches range of price-marked personal care lines for convenience
PMPs were largely removed by suppliers at the height of the Coronavirus crisis last March
-
NewsAmazon opens third ‘Just Walk Out’ store in London
Its first Amazon Fresh store opened in Ealing last month, followed by the second next to Wembley Stadium
-
NewsScotmid Co-op launches first ever pop-up garden centre
Employees from Caulders Garden Centres will be managing the pop-up, and are available to offer customers specialist advice
-
NewsCity snapshot: Deliveroo orders soar in first quarter ahead of 2021 slowdown
Newly listed Deliveroo has posted a 130% jump in first quarter turnover, but the delivery giant pointed to dramatic slowdown for the rest of the year. Plus Naked Wines’ sales soar on US growth and THG posts £482m loss despite strong growth.
-
NewsRapid convenience player Asap launches in London, eyes European expansion
Asap delivers ‘cravings and essentials’ for free within 20 minutes
-
NewsHundreds of businesses call for environmental responsibility to be added to company law
The proposed new legislation, dubbed ‘The Better Business Act’, would require directors to advance shareholders’ interests ‘alongside those of wider society and the environment’
-
NewsAsda ends in-store scratch baking putting 1,200 jobs at risk
The move comes just over a year after Tesco announced a similar shake-up of its in-store bakeries
-
NewsHeinz collaborates with The Who on limited-edition beans
There are 1,967 limited-edition cans available to buy from Heinz to Home
-
NewsKen Murphy: Tesco in ‘no hurry’ to end social distancing
Tesco predicted it would face at least another £200m of pandemic costs in the current financial year
-
NewsDeliveroo riders miss IPO bonus because of ‘technical error’
Riders have shared their frustration at the error, and lack of communication from the company
-
News‘Desperate’ wholesalers urge release of £1.5bn business rates relief
Legislation granting the relief has not yet been laid before Parliament and no money can be made available to local authorities