Channels news – Page 895
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News
Profits fall at Tesco’s One Stop chain
Tesco saw profits fall by nearly 15% at its One Stop Stores subsidiary last year, as it spent more than £3m on refurbishing shops and staff training.
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NewsCo-op Group steps up search for new stores
The Co-operative Group has declared it is “back on the acquisition trail with a vengeance” as it snapped up three Budgens stores and laid out plans to target property agents, developers and landlords for new stores.
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NewsAsda launches first transactional app
Asda is launching its first transactional mobile phone app, allowing customers to buy groceries online and price check the cost of their shopping using their iPhones.
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NewsNew ad rap for Tesco over Double the Difference
Tesco has been rapped by the advertising watchdog after ads for its ill-fated Double the Difference price-checking campaign were branded “misleading” and “contradictory”.
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NewsAsda posts improvement in third quarter
Asda’s sales growth picked up pace slightly over the past three months, up 1.3% year-on-year. The figures, covering the period from 1 July to 30 September, mark an improvement on the 0.5% rise in like-for-like sales in the second quarter. The performance was described as “solid” by the supermarket’s US parent, Walmart.
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NewsBibby seizes full control of Costcutter
Transport and logistics giant Bibby Line Group has taken full control of Costcutter. Bibby bought a 51% stake in the c-store chain in 2007 and revealed in September that is was close to finalising a deal for the remaining stake.
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NewsAsda ‘most vulnerable to Morrisons online’
Asda will be hit hardest when Morrisons launches its online offer, according to retail analysts CACI.Research seen exclusively by The Grocer found 65% of Morrisons customers who shopped online currently shopped at Asda for groceries.CACI suggests this means once Morrisons is online, Asda could face an exodus. “Morrisons customers who ...
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NewsAsda's budget range gets smart new look
Asda is gearing up for a relaunch of its budget own-label range Smart Price.
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NewsReindeer is off the menu at Lidl. How about moose leg?
Rudolph fans can relax this Christmas after Lidl withdrew reindeer steaks from its festive range.Controversy erupted last year when the discounter offered the frozen steaks - a seasonal favourite in Scandinavian countries - as part of its premium ownlabel Deluxe range.A Lidl spokeswoman could not confirm why reindeer steak was ...
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NewsPoints-based loyalty scheme trialled by Ocado
Ocado has begun trialling a points-based loyalty scheme weeks after launching its savings pass.The new scheme, which is being trialled with about 10% of customers, allows shoppers to earn one loyalty point for every £2 they spend and then cash in 100 points for a £1 voucher. Ocado hopes the ...
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NewsCo-op Group axe falls on more Somerfields
The Co-operative Group is to close a second batch of poor-performing Somerfield stores this month with the loss of around 250 jobs, The Grocer can reveal.As many as 11 stores, from North Yorkshire to Wiltshire and from Wales to Suffolk, will close in the next fortnight due to “poor trading ...
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NewsFarmfoods is fine fare in gastronomic France
A website based in the south of France that “sources fine foods from around the UK and Europe” is stocking products from Farmfoods.
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NewsAsda takes Chosen By You bread making in-store
Asda has begun baking, slicing and packaging its Chosen By You own-label bread in store. Following a trial in 25 stores that saw a 30% increase in sales of Chosen By You loaves over a 12-week period, the retailer is now rolling the scheme out across its estate.
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News‘Hard work’ pays off for Sainsbury’s with half-year sales hike
Sainsbury’s has posted like-for-like sales growth of 1.9% for the past six months, excluding fuel. Total sales at the supermarket were up 7.6% to £12.8bn, or by 4.3% excluding fuel, in the 28 weeks to 1 October. Underlying pre-tax profits rose 6.6% to £354m.
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NewsSupermarkets’ price claims ‘cancelling each other out’
The supermarkets’ rival claims over price are cancelling each other out, new data from Kantar Worldpanel suggests. With year-on-year growth of 5.1% for the period, compared to a rate across the industry as a whole of 4.6%, Asda outperformed the market for the first time since the start of 2010.
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NewsAsda lines up Farmfoods as buyer for Iceland stores
Asda has teamed up with Farmfoods in a move designed to add momentum to its £1.4bn bid to buy Iceland.
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NewsMorrisons freshens up bakery offer with 100% British wheat
Morrisons is relaunching its entire own-label bread range and switching to 100% British-sourced wheat. The new line-up, which rolls out to stores next week under the Baked By Us label, comprises 90 lines and replaces the retailer’s existing own-label offer.
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NewsNew tech will double ‘dark store’ pick rates
Tesco is to introduce a new automated system it claims will double its current pick rates for online grocery orders at its new London e-commerce distribution hub.
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NewsGiant avocado Torres gets listing at Tesco
Tesco is going super-sized in the fruit and veg aisle with the launch of a giant avocado.
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NewsTesco brings counters over to online offering
Tesco has boosted its fresh foods offering with the launch of an online counter service that allows shoppers to buy loose items from its speciality counters.