Channels news – Page 527
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NewsPoundworld collapses into administration
Talks with potential buyer RCapital collapsed over the weekend, putting around 5,100 jobs at risk
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NewsCity snapshot: Retail footfall returns to modest growth in May
Retail footfall continued to fall in May despite the hot weather, but showed a marked improvement from the footfall collapse of March and April. Plus, dairy exec joins the board of Produce Investments, a look ahead to events this week and all the rest of the latest news from the City.
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NewsColin Graves to advise Co-op on wholesale and franchising
Co-op Group CEO Steve Murrells described Graves as “a bit of a legend”
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NewsPoundland accelerates rollout of Pep&Co clothes to stores
The variety discounter had already set a target of selling the range in 300 stores – but not until the end of the year…
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NewsScotland to re-examine minimum unit pricing wholesaler advice
Wholesalers selling to both trade customers and directly to consumers were left confused on how to manage the two channels
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NewsJTI alerts retailers to fake tobacco voucher scam
Silk Cut, Mayfair and Benson & Hedges were also hit by a similar fraudulent scheme in March 2015
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NewsBig brands lose listings in Tesco's latest Project Reset
Higgidy, Kerrygold and Danepak are among the big brands to have lost shelf space
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NewsCannabis-based vaping oil set for UK c-store debut
Eden-branded cannabidiol oils from Libery Flights will roll out to Blakemore Trade Partners from 15 June
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NewsM&S chief executive Steve Rowe's earnings slashed by almost a third
The cheif executive of the high street retailer saw his earnings for the year fall by more than £500k, the company’s annual report revealed
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NewsPoundworld buys time with intention to appoint administrators
The process gives the chain 10 working days’ protection from creditors, after which an administrator will be appointed
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NewsCMA launches phase one inquiry into MFG's takeover of MRH
The CMA’s decision on whether to wave the deal through or proceed to a more in-depth phase two inquiry is expected by 6 August.
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NewsSainsbury's rapped for 'misleading' Häagen-Dazs deal
The ice-cream was reduced from £4 to £3 for a deal every 21 days for a long period
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NewsAsda pulls multivitamin milk range after five months
The supermarket unveiled the Arla-made vitamin-enriched milks in whole and semi-skimmed variants in January
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NewsTesco blames shortages of fresh chicken on packaging problems
Shoppers have been reporting difficulties locating fresh chicken
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NewsUK market ‘attractive’ says expanding Dutch online firm
The retailer has recently expanded beyond the Netherlands to Germany
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NewsGrocemania restarts crowdfunding following plagiarism claim
Grocemania’s push for £100k was pulled by Crowdcube in April
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NewsHigh street 'facing annihilation', Labour warns
Shadow business secretary Rebecca Long-Bailey accused the government of dragging its feet over a review of business rates
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NewsAldi adds 'We Love Milk' nutritional labels to Cowbelle lines
The new ‘We Love Milk’ label promotes the discounter’s Cowbelle brand as a source of protein, vitamins and minerals
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NewsSainsbury's promotes Clodagh Moriarty to group digital chief
Moriarty will create and lead digital strategy across Sainsbury’s, Argos, Sainsbury’s Bank and Nectar
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NewsProspective buyer of Poundworld reported to have withdrawn
Alteri Investors pulled out of negotiations within the last 24 hours, according to Sky News