Channels news – Page 903
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News
Poor growing season hits blueberry supply
British retailers have been hit by a squeeze on blueberries following poor weather in the UK and Poland. Sainsbury's has reduced its packs from 225g to 150g and cut its price from £3 to £2.50 after prices rose following a poor season in...
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Tesco to quit Japan
Tesco is set to pull out of Japan admitting that it “cannot build a sufficiently scalable business”. The supermarket revealed today that it plans to sell its entire business in Japan, eight years after launching in the country.
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Co-op Group to stick by its big spend
The Co-operative Group has vowed to plough on with its £2bn three-year investment programme despite a 3.6% fall in half-year like-for-like food sales. CEO Peter Marks revealed food operating profits had plummeted 21% to £135.4m in the 26...
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Ocado and Daylesford build virtual farm shop
Daylesford is launching an online farm shop on the Ocado website next week, using technology that could soon create a “virtual high street”.
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Waitrose.com learns ‘common sense’
Waitrose has promised to add "common sense" features to its problem-plagued online delivery site admitting that the platform was not built to remember shopper addresses or their local branches. New users currently have to complete an...
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Asda cafés to offer low-cal ready meals
Asda has teamed up with WeightWatchers to offer diners low-calorie chilled ready meals in a selection of its in-store cafés. Sheffield, Wakefield, Huddersfield, Dewsbury and Glasshoughton are among the stores trialling the low-fat...
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BRC advice to Portas: ‘don’t focus on rioting’
The race to repair Britain’s riot-scarred high streets risks hijacking the review by the government’s retail tsar, industry leaders have warned.
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Haldanes defies call to review its Co-op action
Arthur Harris, CEO of the collapsed supermarket chain Haldanes Stores Limited, has vowed to press ahead with a personal legal claim against The Co-operative Group. In a Statement of Administrators Proposals, made available at Companies...
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99p Stores to make its debut in Ireland
99p Stores is about to beat Poundland to the punch in the Republic of Ireland. Just weeks after Poundland announced it would open its first Dealz store in October, 99p Stores has revealed it will open its first store in the republic next…
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Tesco chops milk prices to counter discounters
Tesco has responded to the resurgence of the discounters by switching its Creamfields discount brand to semi-skimmed milk and whole milk for the first time. Following the move, four pints of semi-skimmed and whole milk will be available...
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Adams: ‘Kerrygold Softer still available’
Adams Foods has shrugged off claims made last week by Sainsbury's that its Kerrygold Softer Butter line has been discontinued. Last week, a shopper asked Sainsbury's via its Facebook page whether it intended to sell the "excellent...
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Ex-Aldi MD Burger sets up kosher foods supplier Avenue 18
Former Aldi UK and Ireland MD Armin Burger has resurfaced with a new venture selling kosher foods. His new company, Avenue 18, specialises in finding manufacturers and suppliers capable of supplying food products in accordance with…
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Leighton leaves Selfridges to focus elsewhere
Ex-Asda boss Allan Leighton has resigned as deputy chairman of Selfridges, trimming his list of directorships to five. Leighton, who took up the role at Selfridges in January 2004, has a lot on his plate. Most recently, he joined Pace as...
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Tesco racks up ‘fans’ on Facebook...but they’re not all happy
Supermarket giant Tesco has proved an unlikely hit with the Facebook generation, after more than 260,000 people joined its social network in the past three months. ChannelAdvisor revealed Tesco had one of the fastest-growing retail...
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Midcounties Co-op sells News Express
Midcounties Co-operative Society has sold its CTN business News Express to Dave's Discount Group, the owner of the trade names Thresher, Victoria Wine, The Local and Bottoms Up. Dave's, which has off-licences, Post Offices and...
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Harvest Pale success leads to Tesco listing
Sales of Camra's 2010 supreme champion beer of Britain have doubled in the past 12 months and are predicted to double again following a national listing with Tesco. Sales of 4.3% abv pale ale Harvest Pale have risen to £500,000 since it...
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Food sales slide at The Co-op as Marks laments ‘toughest market in 40 years’
The Co-operative Group has blamed intense competition, faltering consumer confidence and government spending cuts for a sharp fall in sales at its food business.
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Ocado pioneers ‘shopping wall’ technology in London shopping centre
Ocado will this week unveil a ‘shopping wall’ in London that lets passers-by do their grocery shopping by scanning barcodes with their mobile phones.
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M&S official fashion partner of The X Factor
Marks and Spencer is bidding to appeal to a wider audience in its role as official fashion partner of TV Show The X Factor. The retail giant has signed a deal with Syco TV, FremantleMedia Enterprises and ITV, to become the exclusive fashion...
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Capacity constraints blamed for Ocado downgrade by City
Ocado shares sank to an all-time low this week after a downgrade from joint house broker Goldman Sachs sparked a sell-off. Shares bottomed out on Tuesday at 116p from a high of 152p a week earlier, beating a previous low of 125p last…