Channels news – Page 409
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City snapshot: Waitrose sale ‘not up for debate’ in John Lewis turnaround plan
John Lewis Partnership chairman Sharon White has insisted a sale of Waitrose is not on the table as the group revealed a wide-scale strategic review.
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Morrisons becomes first supermarket to join Slave-Free Alliance
Morrisons will get access to a range of services including site assessments, online resources, and technical consultations
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M&S reducing waste by turning leftover baguettes into garlic bread and crostini
The scheme is underway in M&S’s four flagship new-format Food Halls
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City snapshot: John Lewis profits drop 23% amid writedowns and bonus cut
The John Lewis Partnership has reported a 23% plunge in underlying pre-tax profits while taking a writedown of over £100m on its John Lewis store estate and cutting its staff bonus to 2%. Plus, updates from Domino’s Pizza, Total Produce, Origin Enterprises, PureCircle and all the rest of the latest news from the City.
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Tesco to begin price matching Aldi across hundreds of products
The campaign includes both own label and branded goods and will also apply to products ordered online at Tesco.com
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Tesco asks suppliers not to come to offices amid coronavirus fears
The decision comes a day after the government announced new emergency powers to tackle the virus
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Supermarkets urged to clarify policies on health and obesity
ShareAction criticised the transparency of supermarkets over obesity
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Greggs hints at expanding concessions across big four grocers
CEO Roger Whiteside said today that if the new trial with Asda was a success, other supermarket rivals may be interested
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Waitrose “still happy to deliver” to customers with coronavirus
Waitrose said it needed to “discuss specific arrangements” with online shoppers self-isolating due to coronavirus
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Winners of Chefs’ Choice Awards 2020 announced
This year’s awards received a record amount of entries, with nearly 100 products shortlisted across 19 categories
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Unitas combines Landmark and Today’s sales figures in new data service
UDS currently brings together wholesale shipment data for 19 ex-Landmark and ex-Today’s members into single solution
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Waitrose trials coffee truck outside Cheltenham store
The coffee truck, nicknamed Rosie, is a converted 1973 Citroen purchased from a French farmer
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Tesco reissues 600,000 Clubcards following online scam
The supermarket said it had discovered attempts by fraudsters to use usernames and passwords stolen from other platforms
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Asda to launch oriental street food concessions with Panku
The first trials of 20 Panku concessions will start at Asda Trafford Park and Asda Aintree on Wednesday 4 March
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AF Blakemore planning to grow foodservice arm by £100m
Group operations MD Geoff Hallam made the announcement at the wholesaler’s supplier conference in Coventry this month
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Just Eat to trial delivery via drones at university
The food delivery giant has partnered with drone delivery firm Manna to offer the service at University College Dublin
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Henderson Foodservice reports 23% surge in sales
MD Cathal Geoghegan attributed the rise to acquisitions and organic growth
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Tesco opens first high street cashless store in London
The new store features 14 tills, with only two manned and none accepting notes or coins
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City snapshot: Supermarkets enjoy green shoots of recovery in February
UK supermarkets saw the ‘green shoots’ of recovery in February, with small but positive growth in as total till sales improve to 0.7% in the last four weeks, according to Nielsen, and the strongest growth since November in the Kantar figures.
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Market crash creates 'buying opportunity' for UK supermarket stocks
Heavy share price falls across global stock markets have created a buying opportunity for undervalued UK supermarket stocks, according to broker Bernstein.