Channels news – Page 723
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Morrisons to change staff bonuses based on customer service
The retailer announced this week it had relaunched its staff bonus scheme with the aim of rewarding colleagues for better customer service
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Dave Lewis hails Tesco Extra turnaround
Lewis claims the stores are now “worth the trip again” and “not the dinosaurs that people made them out to be”
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Dave Lewis quizzed by store manager in YouTube video
Manager presses for reassurance over pension plans
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Lincolnshire Co-op says profits up £1m, pays out £2.2m dividend
The society said sales in the six months to March were boosted by its Love Local range of products from local suppliers, which increased sales by 22%
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Tesco posts worst results in its history with £6.38bn loss
However Tesco said its trading profits were in line with expectations at £1.4bn, while UK like-for-like sales volumes rose for first time in over four years
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Tesco results: What the analysts say
Reactions are coming in thick and fast to Tesco’s record losses
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Connect Group reports profits rise
Connect Group said total sales rose 1.2% to £909.9m in the six months to 28 February, while underlying profits rose 3.3% to £27.7m
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City Snapshot: Tesco shares rise slightly despite biggest-ever loss
With all the bad news coming out at once, the City’s reaction seems to suggest that Tesco’s future is brighter, a notion backed up by the first like-for-like sales volumes rise in over four years
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Tesco Broadband down for most customers
Tesco says it is working “as hard as possible” to restore services to thousands of broadband customers who have been without a connection for a large part of today
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Iceland looks to move in on Tesco and Morrisons layoffs
Discounter advertises outside company HQs on days of biggest corporate dismissals
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Which? issues 'super-complaint' over supermarket pricing
Which? described its super-complaints as its “most powerful legal weapon” as the CMA will now be compelled by law to respond within 90-days
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Tesco analysts bullish about prospects despite profit forecasts
Analysts expect good news as well as bad in Wednesday’s results
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Johns of Instow & Appledore wins Retailer of the Year at Farm Shop & Deli Awards
The awards recognise the best standards in speciality retail and celebrate the highest levels of service, product knowledge, innovation and community involvement
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Supermarket price war devastates UK food suppliers – Begbies Traynor
Food and drink manufacturers across the UK are suffering the most as the big supermarkets slash prices to compete with each and fight back against the rise of the discounters.
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Asda parking fine donations to Motability top £250,000 mark
The retail giant began donating money generated from the parking penalties it issued to those who misused the disabled and parent and child parking bays at its UK stores in 2008
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Tesco chairman attacks EU referendum plans
John Allan warns major businesses will move overseas if faced with uncertainty
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Tesco pension changes to be fought by union
An official consultation process between Tesco and Usdaw began today and will run for a minimum of 90 days
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Poundworld unveils website
Poundworld say Poundworld Plus will offer its customers over 4,000 products at £1 as well as over 1,000 multi-price deals for more than £1
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The Co-op Group cools Fairtrade ambitions in new policy
A motion for the group’s upcoming agm called on The Co-op to recommit to leadership on Fairtrade by increasing availability of Fairtrade products in stores
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Poundland sticks to its guns forcing in-depth CMA investigation of 99p deal
Poundland £55m acquisition of rival discounter 99p Stores will face in-depth scrutiny from the Competition and Markets Authority after the group decided not to allay the watchdog’s monopoly fears.