Channels news – Page 913
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M&S claims quality the key as profits grow 13%
Food sales at Marks & Spencer grew by 2.6% on a like-for-like basis over the past year, which the retailer claimed was due to customers demanding quality despite their economic woes.
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Tesco powers ahead to hit store total of 3,153
Tesco has lived up to its pledge to step up its expansion programme, adding 188 new stores last year. The retail giant laid out plans in its 2010 annual report to plough £1.6bn of capital into the UK economy through new store openings.
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Tesco: Euro supply shake-up is carrot as well as stick
Tesco is conducting a major shake-up of its supply chain across central Europe. The retailer revealed to The Grocer this week that it was hoping to establish an international distribution hub in the region most likely in Slovakia and...
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Haldanes kicks off legal proceedings in spat with The Co-op
Haldanes has officially commenced legal action against The Co-operative Group over allegations the society "materially" breached terms of its agreement when it sold 26 former Somerfield stores to Haldanes in late 2009.
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Iceland’s new coupons offer speedier promos
Having led the way with round-pound price points, Iceland is now looking to stay ahead of the game with a new flexible loyalty promotional strategy. The retailer will use intelligent new technology to allow it to chop and change...
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Musgrave in £1m wave of cuts at Londis
Musgrave Retail Partners GB is planning to invest £1m in price cuts on key lines for Londis retailers. Speaking at his first annual Londis conference since joining as managing director last November, Donal Horgan said the group would...
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Tesco puts new quality logo on fresh food range
Tesco has rolled out a new logo across its fresh foods lines in a bid to ramp up its quality credentials.The Quality & Freshness Guaranteed logo started going on fruit & veg as well as salads and a number of meat and fish…
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‘Carbon tax will slash company investment’
Justin King has warned that government changes to the Carbon Reduction Commitment scheme could slash corporate carbon investment almost to zero but vowed Sainsbury's would remain "one step ahead" on energy efficiency.
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Mr Kipling seeks slice of fresh cake market
Mr Kipling has moved into fresh cakes for the first time as part of Premier Foods' plans to breathe new life into its older brands. It has rolled out a three-strong range of chilled cakes into Asda and will be moving its Ambrosia brand...
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Japan boss Fleming handed top Tesco strategy role
Tesco has promoted the head of its Japanese business, Michael Fleming, to a new global strategy role. Fleming is handed the title of group strategy director and has returned to the UK after three years in Japan.
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Asda to pioneer George franchise stores in Middle East
Asda is taking its George clothing brand overseas with the launch of two franchise stores in the Middle East. The outlets will be run under the George banner in the retailer’s first foray into franchising.
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The Sainsbury's coupon offering 1p off your next shop
The popularity of coupons is soaring, with a record 61% of consumers claiming to use the money saving device, up from 52% a year ago, according to a survey by coupon company Valassis. And coupon usage was just as high among shoppers in...
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Property and wage hikes hit Clearys
Manchester-based Spar retailer Clearys has blamed spiralling property and wage costs for falling into the red. Accounts filed at Companies House this week revealed a pre-tax loss of £41,502 for the year ending 30 June 2010 compared with...
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Haldanes: Co-op Group ‘sold us down the river’
Independent supermarket chain Haldanes has "withheld rent" from The Co-operative Group to make the society take notice of allegations that the Co-op "materially" breached terms of its agreement when it sold 26 former Somerfield stores to Haldanes in...
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Shapland exit triggers reshuffle at Sainsbury’s
Sainsbury's commercial director Mike Coupe is being tipped as the most likely successor to CEO Justin King following the shock departure this week of group development director Darren Shapland.Shapland revealed he was leaving the...
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Technology & Supply Chain 2011: Untangling Tesco
As one of the original architects of Tesco.com – and now its head of research and development – Nick Lansley is charged with tapping technology to help consumers. He talks to Simon Creasey about apps, Facebook, iPads... and robots
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Soda bagels for Genesis Crafty bakery
A bakery is bringing a modern twist to traditional Irish soda bread by moving it into the bagel market.Genesis Crafty's Soda Bagel (rsp: £1.39) is being rolled out to 400 Tescos following test marketing. The Northern Ireland-based bakery...
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Tesco is hauled over coals after wine pricing ‘error’
Alcohol Concern has raised doubts over Tesco's commitment to responsible retailing after the supermarket this week sold wine at 4p below duty plus VAT.Tesco was selling a six-bottle case online for £12.78 equivalent to £2.13 a bottle ...
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Haldanes’ Harris steps up war of words with The Co-op
Haldanes chairman Arthur Harris has stepped up his astonishing attack on The Co-operative Group, suggesting other retailers had suffered after buying stores from the mutual.
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Whistling curries: a step change in ready meals
Tesco is set to launch a new range of six chilled ready meals that will whistle when cooked and do not need piercing before use.