Channels news – Page 942
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NewsTesco adds two to board of directors
Tesco has named two new non-executive directors that will join its board from next month.
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NewsTesco treads water with flat sales in first quarter
Falling food inflation meant like-for-like sales at Tesco were almost flat in the first quarter of the new financial year.
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NewsEditor's Comment: He's famed for his small ego, but Sir Terry will leave a big gap
I should have guessed something momentous was going to happen as soon as the editor booked his holiday - last time Adam was away, Andy Bond announced he was stepping down as CEO.
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Tesco's Holmes quits a day after Leahy bows out
Tesco's commercial director for fresh foods Colin Holmes has become the first senior executive to quit the retailer in the wake of Sir Terry Leahy's decision to retire next March and the appointment of Philip Clarke as his successor.
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NewsMorrisons alcohol plan blasted as ‘duplicitous’
Morrisons' proposal to tackle below-cost selling and the misuse of alcohol has been panned by wholesalers and independents.
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Property chief hired by Morrisons to find southern sites
Morrisons is planning to increase its store presence in London and the south of England after creating a dedicated acquisitions team for the region.
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Ocado share offer to loyal shoppers might backfire, say analysts
Ocado's move to promise loyal customers the first chance to buy shares if it floats on the stock market this summer could end up backfiring on the business, analysts have warned.The online grocer, which despite raising more than £350m...
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Spar clinches £150m holiday park contract
Spar has struck a £150m deal with Bourne Leisure, the biggest British holidays provider, to supply its 46 c-stores in holiday parks.Of these, 42 c-stores in Butlins and Haven parks have been converted to the Spar fascia, with the other...
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Pick’n’mix of growth plans for 99p Stores
99p Stores has posted bumper sales and profits on the back of a huge store opening programme last year.
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Haldanes set to axe one store two months after its opening
New supermarket chain Haldanes is considering closing one of its stores two months after opening. The store in Hemsworth, Yorkshire, opened in April, but a consultation has started on the site that could lead to its closure.
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Waitrose’s Hodgson is lured to Morrisons job
The grocery merry-go-round was spinning faster than ever this week. Hot on the heels of Sir Terry Leahy announcing his retirement from Tesco, Morrisons announced it had poached Waitrose commercial director Richard Hodgson.At Waitrose,...
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Thompson promoted to head Asda games
Asda has promoted Andrew Thompson to head of games. Thompson joined Asda less than a year ago as head of new business in music and video games, and was previously product director at Gamestation for six years. Asda said its video game...
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NewsGrocer 33: Morrisons shines in the spotlight
There was glowing praise for Morrisons in Auchinlea, Glasgow, this week.
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NewsGrocer 33: Asda again beats the £50 barrier
Asda offered the highest number of cheapest items this week, including the Canada ginger ale (96p), brie (45p), green beans (96p/kg), Andrex (£1.98), and Oyster Bay sauvignon blanc (£8.62).
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NewsMorrisons: Fine retailers for selling booze below cost
Morrisons has called for legislation that would see retailers fined £25,000 for selling alcohol below cost.
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NewsOcado touts shares to half a million shoppers
Ocado has written to 500,000 customers offering them the chance to buy shares, as the online grocer gears up for its widely trailed stock market flotation.
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NewsMorrisons poaches Waitrose commercial director Hodgson
Waitrose commercial director Richard Hodgson has defected to Morrisons to become the supermarket’s new group commercial director.
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NewsClarke to take Tesco reins as Sir Terry sets departure date
Philip Clarke has been named as the next chief executive of Tesco, after Sir Terry Leahy announced his retirement following 14 years at the helm.
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NewsThe Co-op makes a Healthier Choice with new range
The Co-operative Group has launched a new healthy eating range called The Co-operative Healthier Choice – as predicted by The Grocer earlier this year.
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NewsWaitrose unveils Lasting Leaf stay-fresh lettuce
Waitrose is rolling out a new range of bagged lettuce it claims can stay fresh for up to a week.