Channels news – Page 749
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Tesco results: what the analysts say
We round up reaction to Tesco’s interim results and the findings of its accountancy investigation.
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Tesco confirms profit hole of £263m
The black hole in Tesco’s finances was even worse than expected and “similar practices” have been going on in previous reporting periods, the Deloitte investigation into the retailer has found.
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Asda recalls Prosecco over shattering bottles
Asda has recalled batches of its Prosecco Spumante Extra Dry wine following complaints about the bottles shattering.
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Morrisons toys with new concepts at three ‘lab’ stores
Morrisons is to open three new ‘lab’ stores in Milton Keynes, Weybridge and Birtley to experiment with new tailored formats.
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Waitrose report finds thrifty Brits still curious about food
Britons remain keen to try new cuisines despite being ‘time-poor’ shoppers with one eye on the balancing the household budget.
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Former Co-op boss Sutherland takes charge of SuperGroup
Former Co-operative Group chief executive Euan Sutherland has returned to retailing as CEO of fashion retailer SuperGroup.
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Aldi launches its first-ever organic range
Aldi has rolled out its first ever range of organic vegetables, and claims shoppers will save 25% compared to a basket of organic veg from supermarket rivals.
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John Lewis and Co-op websites score with shoppers
JohnLewis.com and CoopElectricalsShop.co.uk are in the top 10 online shops as voted by customers, a survey from Which? has found.
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Tesco sales decline slows in latest market report
As Tesco prepares to release its interim results on Thursday (23 October), new data from Kantar Worldpanel has revealed the retailer’s sales remain in decline.
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Poundshop.com merges with rival Hereforapound.com
Steve Smith’s Poundshop.com has joined forces with rival Hereforapound.com and relaunched with a new website.
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Iceland selling cooked, whole lobster for £5 this Christmas
Iceland will offer shoppers a cooked, whole Canadian lobster this Christmas for £5…
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Sainsbury's shakes up its property team
Sainsbury’s has shaken up its property team so it can continue developing new space in target areas and maximise the value…
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Waitrose blames labelling breach on website glitch
Waitrose has been forced into a major fix of its website after The Grocer discovered it was failing to display the price p…
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Fuller Longer range to be rebranded as Balanced for You by M&S
Marks & Spencer is being forced to rebrand one of its biggest selling food ranges, Fuller Longer…
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Musgrave trials new Budgens concept store in Dorset
Musgrave has opened the first of four new trial stores for its Budgens fascia after a wide-ranging review…
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Costcutter launches secure online portal Activ Hub
Costcutter has launched the latest phase of its drive to help members harness technology to enhance their store operations…
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Sert-MST forced to 'realign' in face of supermarket price war
Sert-MST is retrenching and “realigning” in the face of cut-throat competition between the major multiples…
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High-profile Costcutter retailer Paul Cheema joins Nisa
High-profile Costcutter retailer Paul Cheema has left the symbol group for Nisa.
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Fuel vouchers driving more traffic to the supermarket pumps
A third of motorists have switched to supermarket filling stations this year…
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Ocado-listed health drinks specialist goes into liquidation
A health tea specialist with listings at Ocado and Holland & Barrett is going through liquidation proceedings…