Channels news – Page 732
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Asda sales shrink as it looks to open 17 new stores
Asda has revealed a 2.6% fall in like-for-like sales over the last three months of the 2014.
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Leighton, working pro bono, returns to his roots as chairman of Co-op
Leighton, whose father ran a Co-op store, was long rumoured for the role
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Multichannel shopping surge but 99% of shoppers still go in-store
30% y-o-y growth in UK multichannel shoppers, but fewer than 1% of the population are online-only
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City Snapshot: Tesco appoints John Allan as new chairman
Tesco has ended its search for Sir Richard Broadbent’s successor with the appointment of John Allan. Plus full-year results for Coke bottler Coca-Cola HBC and a new CEO for Carlsberg. And all the latest share price movements.
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Inflation tumbles to record lows as the big four grocers slug it out over price
The escalation in the supermarket price war and the falling cost of oil has helped inflation hit record lows in January.
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Supermarkets trusted by customers to treat them fairly, new survey claims
Twice as many UK consumers would trust the likes of Tesco or Sainsbury to treat their customers fairly than they would an insurer or energy provider
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Morrisons announces contactless payment refit for all stores
Supermarket expects all 675 stores to be upgraded by the summer and for the enhancement to reduce queueing times
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City snapshot: Late entrant Archie Norman now looks favourite for Tesco chairmanship
The process of finding a new Tesco chairman looks far less like the coronation it seemed two weeks ago, with observers now picking late entrant Archie Norman as favourite for the post.
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Midcounties Co-operative names Phil Ponsonby as new group GM
He will be tasked with driving the growth of Midcounties Co-op’s 232 food stores, including developing the offer of its larger stores
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Iceland launches new Slimming World meal range
The ten meals included in the range are based on the slimming organisation’s Food Optimising eating plan
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Tesco schedules 23 February national briefing on job cuts
In a statement Usdaw said that nationwide talks would begin on Monday, with Tesco issuing a statement to say that it would be prioritising colleague whose jobs would be affected
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Bonativo launches fresh artisan produce online shop in London
Service originally launched in Berlin last month, all suppliers must meet certain ethical criteria
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Half of shoppers search online but shop in store
Half of the visitors to online grocery sites are only researching, going on to buy in store…
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JBPs 'read like prenups' says Meijer: 30% will be annulled
Morrisons to slash number of joint business plans by 30% to free up buyer time…
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Warburg Pincus nets £142m from Poundland shares sale
The majority shareholder of Poundland has netted £142m from the sale of almost half its remaining stake…
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Sainsbury's ramps up bread war by slashing Hovis loaves to 75p
Sainsbury’s has intensified the bread price war by slashing large Hovis loaves to 75p…
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Tesco to highlight price it pays TSDG farmers for milk
Tesco is rolling out an in-store marketing push to promote the cost-of-production model…
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Londis introduces fresh produce to its SmartBuy value range
Londis has this week introduced seven fresh produce lines to its own-label value range…
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Exclusive: Tesco staff given until 25 February to apply for redundancy
Thousands of Tesco staff have been offered the chance to apply for voluntary redundancy as the retailer looks to slash overheads
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One Stop boss Tony Reed to head up entire Tesco c-store business
Tony Reed, CEO of Tesco’s convenience store chain One Stop, is to head up Tesco’s entire convenience operation…