Channels news – Page 954
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Sales up 6% as defiant Bond hails ‘great year’ for Asda
Asda has announced like-for-like sales growth of 6% for the past year – although that slowed to 4.6% in the past three months.
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The Co-op brings Fairtrade lines to Somerfield
Somerfield stores will carry Fairtrade products for the first time for the upcoming Fairtrade Fortnight, following the chain’s takeover by The Co-operative Group.
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Kavanagh Group sales bruised by shoppers seeking out deals
Budgens retailer Kavanagh Group UK saw sales drop as the recession forced consumers to spend less on groceries.
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Sainsbury’s sweetens up its NPD for summer
Sainsbury's is overhauling its sweet treats, homebaking and confectionery ahead of a major summer push for the categories.
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Editor's Comment: Only half the global supermarket share prices are back at pre-Lehman levels
Tim Mason, the Fresh & Easy chief, has cashed in quite a few chips these past weeks. Others are dealing, too: Sir Terry Leahy, Richard Brasher, Colin Holmes. And who can blame them?
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Tesco piles loyalty pressure on Asda
Tesco is using a raft of new loyalty incentives to turn up the heat on rivals and Asda in particular as it celebrates today's 15th anniversary of Clubcard.
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Netto shifts strategy to focus on clearance
Netto is planning to introduce more clearance lines to its stores in a move that will shift its offer closer to that of variety discount retailers B&M Bargains and Home Bargains than its traditional rivals Aldi and Lidl.
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Tesco tells recruits: earn £50,000 at 23
In the week The Prince's Trust claimed that a third of 16 to 24-year olds cannot afford the financial outlay required to get a job, Tesco has announced a scheme for school leavers that it says offers an alternative to mainstream education.
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Tesco directors cash in shares before tax hike
Tesco directors have cashed in almost £19m worth of company shares in the past three months, data from Digital Look has revealed.
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Ocado to use flotation funds for new depots
Ocado is planning to plough money generated by floating on the Stock Exchange into at least one new distribution centre, either in the Midlands or the south of England, sources close to the retailer have claimed.
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Grocer 33: Great staff win the week for Waitrose
Four of the five retailers boasted no out of stocks this week, but Waitrose in Altrincham clinched the top spot thanks to staff who "bent over backwards" to help.
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Asda oysters offer romance on a shoestring
Asda is offering penny-pinching lovers a Valentine’s Day treat with oysters from just 25p apiece.
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Sainsbury’s hails Nectar as number one loyalty card
The Nectar card is now the UK’s most popular loyalty card, according to Sainsbury’s, with almost 17 million card-holders in the UK.
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Co-op mega-shed plans approved
The Co-operative Group has received planning permission for a huge 467,000 sq ft regional distribution centre in Andover. The project, which the group said would create 900 jobs in the area, was approved with 22 votes and one abstention.
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Arla elbows in on milk supply at Sainsbury’s
Arla has underlined its growth ambitions by winning its first share of Sainsbury's milk business.
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Tesco puts £100m into green tech
Tesco is to spend over £100m with UK green technology companies in the next 12 months, boosting the economy and safeguarding or creating thousands of jobs, it claims.
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Asda ramps up promotions in bid to leave the slow lane
Asda’s year-on-year increase in promotional activity has left rivals in its wake – but everyone’s levels are up on 2009, says Chloe Ryan
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Grocer 33: Tidy Waitrose secures top store triumph
No out of stocks, a short queue, a tidy shopfloor and efficient staff at Waitrose in Marlborough won our shopper over this week.
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Asda ‘national’ fuel price varies by 3ppl
Asda’s single national fuel pricing policy is not as national as the supermarket implies, an investigation by The Grocer has found.