Channels news – Page 629
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NewsCity Snapshot: 'Super Thursday' brings solid festive updates from Tesco, M&S, Waitrose and more
Tesco has reported UK like-for-like growth of 1.4% in the 19 weeks to 7 January November as market share gains and volume growth boosted sales
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NewsMedia Bites 12 Jan: Sainsbury's/Argos, Lidl, Currencies
The papers this morning focus on the positive contribution of Argos to Sainsbury’s Christmas performance.
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NewsTout's Budgens faces opposition from locals over pub conversion
Tout’s completed the purchase of the Lord Nelson pub in Cleeve, Somerset, in December
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NewsAlessandra Bellini is new Tesco chief customer officer
Bellini most recently served as Unilever VP for food in North America and food general manager for the US
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NewsPoundstretcher sales and profits decline as estate shrinks
The business, owned by the Tayub brothers’ Crown Crest Group, closed 30 shops in the year to 31 March 2016 as part of its expansion strategy to more modern, larger sites.
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NewsLidl UK reports 10% sales boost over Christmas period
Lidl said its Christmas, ad which featured one of its turkey farms, helped boost sales of the bird by 40%
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NewsSpar UK reports strong sales but warns convenience is slowing
Spar said it aimed to draw in more customers by building on the success of fresh food sales
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NewsBest-one symbol group sales up almost 20%
New Bestway DC sees sales soar “as members get behind our fresh and chilled offer”…
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NewsSainsbury’s Christmas results: what the analysts say
Leading retail and City analysts react to the latest results
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NewsCity snapshot: 'Good' Christmas for Sainsbury's as sales creep higher
Sainsbury’s hailed a “good” Christmas performance as sales in the 15 weeks to 7 January rose 0.8%, with like-for-like sales nudging up 0.1%
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NewsCo-op reports Christmas like-for-likes up 3.5%
The Co-op attributes success to investment in stores, focus on convenience and its heavyweight advertising campaign
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NewsSpar retailer Eat 17 to sell wholesale meat to other c-stores
The move follows the launch of the retailer’s own-label ready meals in May…
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NewsMajestic Wine celebrates best ever Christmas
Majestic Wine has reported a bumper Christmas for its retail stores, with like-for-like sales jumping 7.5% – its best ever festive performance.
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NewsSuppliers under more pressure despite recovery at supermarkets
The recovery of the supermarkets has piled increasing pressure on the supply chain, with almost 6,000 food suppliers experiencing increased levels of financial distress, according to recovery firm Begbies Traynor.
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NewsMorrisons Christmas results: what the analysts say
City and retail analysts react to Morrisons’ Christmas trading update
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NewsCity snapshot: Morrisons sales grow at fastest pace for seven years
Morrisons has upgraded full-year profit expectations after recording its strongest performance for seven years
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NewsTesco offers staff checks as part of Colleague Health Month
The retailer has teamed up with Nuffield Health to offer checks on BMI, blood pressure and cholesterol
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NewsHigh Noon Stores goes into administration after stores close
The Grocer understands that customers were experiencing issues with fuel shortages at several sites late last year
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NewsLandmark Wholesale signs up toiletries specialist Inspira
The move means the buying group now has 38 members supplying retail, catering and foodservice in the UK
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NewsPoundworld slips to a loss as it invests in growth
Poundworld has fallen into the red despite sales growing another £40m last year as new private equity owner TPG Capital invested in future growth.