Channels news – Page 976
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NewsGrocer 33: Cumbernauld Tesco gives flawless shop
Tesco Extra in Cumbernauld landed our top store award this week, with our shopper “unable to find any faults with the store or staff”. The store was immaculate and staff were happy to help our shopper locate items, all of which were available....
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NewsGrocer 33: Asda brings in cheapest shop by 45p
Asda secured victory again this week, undercutting nearest rival Morrisons by 45p. It made three reductions: the Hula Hoops by 2p, Marmite 9p and Seeds of Change sauce 1p.
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NewsTesco in £458m sale and leaseback property deal
Tesco is to raise £458m through selling off some of its properties and leasing them from the new landlords.
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NewsAldi scoops top gong at Gold Awards 2009
Aldi was crowned Grocer of the Year 2009 at The Grocer Gold Awards last night.
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NewsEditor's Comment: Is the discounter boom over?
Sustaining the discounters' godlike levels of growth - which saw Aldi's sales up 25% in 2008, while Lidl, Iceland, Farmfoods and others also enjoyed double-digit gains - was never going to happen.
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World News 13/6/09
TURKEY: Tesco has promoted Paul Ritchie to CEO of its Turkey business Kipa. Ritchie currently runs Tesco's UK Express stores and will take up his new role in August. He replaces Simon King, who has left the business, and in his new role will...
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Iceland profits soar as people turn to frozen
Iceland Foods has broken the £2bn sales barrier for the first time as cash-strapped consumers flock to the frozen food specialist in the recession.This week it reported sales up 16% to £2.1bn and pre-tax profits up 84% to £113.7m for the...
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Sainsbury's switches from MS to RBS
Suppliers to Sainsbury's who want to be paid early must now apply through Royal Bank of Scotland after the retailer changed the bank running the scheme. Sainsbury's Trading Finance Platform allows suppliers to be paid early through a bank,...
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Ocado sticks to its guns over price match policy
Ocado has vowed to continue advertising its pledge to match Tesco prices on branded products, despite a ruling by the Advertising Standards Authority (ASA) that two adverts published last year breached its code. The price match claim could...
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Tates reopens Somerfields as Eurospars
Spar retailer Tates has opened the first Eurospar stores on the British mainland this week in Nottingham and Sheffield.
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Worrall Thompson's range axed: the end of celeb chef craze?
Antony Worrall Thompson's range of ready meals survived just months on supermarket shelves before being axed, The Grocer can reveal. The three-strong range of premium paella, casseroles and stews hit Morrisons stores in June of last year but...
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Tesco gives hard sell to Thailand produce
Tesco has kicked off a two-week promotion of Thai fruit and veg.The push was launched at its West Cromwell Street store in London by chairman David Reid, accompanied by the Thai ambassador, representatives of the Thai commerce ministry and...
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Craig's take on Bond is this cool
It's well known that, however much they try, women cannot be sexist, as idiotic blokes aren't able to concentrate on anything other than football, booze and curry for long enough to get offended.Imagine the fuss if this limited-edition Del...
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NewsThe Grocer 33 2009: Asda still cheapest, but Morrisons wins on service and stock
Asda has declared itself “Britain’s biggest poundshop” after notching up a 12th successive year as the cheapest supermarket in the Grocer 33 survey.
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Brand loyalty hurt by frenzy of promotions
The recent glut of price promotions has seriously damaged the value of fmcg brands, a new report compiled using Tesco Clubcard data has revealed. The number of in-store promotions at Tesco increased dramatically in the year between the...
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NewsGrocer 33: Friendly staff make Asda a service star
Availability was strong among all retailers this week, but Asda’s Hulme branch pipped its rivals to top spot thanks to its helpful staff and well-presented store.
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NewsCo-op lobbies MPs to back marine reserves call
The Co-operative Group is to write to every MP in the country highlighting the need to include a mechanism for creating marine reserves in the draft Marine Bill.
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Asda school uniform could spark new price war
Asda could be set to spark a new supermarket price war on clothing after announcing it is to sell school uniforms for just £4.75.
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Editor's Comment: Tesco is halfway down the online track but Morrisons can catch up
Morrisons needs to get with the programme online - but it can from rivals' mistakes, says Liz Hamson
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Nine stores sold by Co-op to Costcutter
Costcutter has bought nine stores from The Co-op Group in the south east of England, which will be converted to its fascia and leased to independents."Costcutter already has a good presence in the south east and the acquisition of these...