All articles by Charlie Wright – Page 10
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Comment & Opinion
Tesco's fighting talk
Philip Clarke today had the unfortunate task of unveiling what many have described as Tesco’s worst interims for 20 years, despite a tidy rise in profits across the group.
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Comment & Opinion
Disconcertingly expensive
Don’t say we didn’t warn you. About this time yesterday, Stella brewer AB InBev announced it was hiking wholesale prices by just short of 8% in response to continued upward pressure on costs.
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NewsH&B rolls out Rewards for Life scheme
Holland & Barrett has launched its new loyalty card nationwide. The health food and supplements retailer began a pilot of its Rewards for Life card across 40 stores in the Midlands earlier this year.
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NewsProfits take a tumble at Scotmid Co-op
Profits have tumbled at Scotmid Co-operative for the first half of the year. The co-op blamed deteriorating economic conditions for a slump in trading profits from £4.2m last year to £2.6m for the latest period.
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NewsAsbestos failings land M&S with £1m fine
Marks & Spencer has been hit with a million-pound fine after “turning a blind eye” to an asbestos leak at two of its stores.
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Comment & Opinion
If you don't buy a ticket...
Today one national newspaper gave over its first three pages to coverage of the Health Lottery, the “exciting new game” set up by Daily Express and Red Hot Mums owner Richard Desmond. That paper, not surprisingly, is the Daily Express.
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NewsMaltesers to go Fairtrade next year
Mars is switching its Maltesers brand to Fairtrade chocolate from next year. The move will boost total sales of Fairtrade in the UK by around 10%, with Mars expecting to pay cocoa farmers another £900,000 a year on top of current prices.
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Comment & Opinion
Green is the colour
Saturday marked the 2011 edition of our annual Green Issue. It’s fashionable to point the finger at the food industry for the UK’s £12bn food waste mountain (as London mayor Boris Johnson continues to do). But there’s far more to it than promotions and excess packaging.
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News
OFT waves through Greencore-Uniq deal
Greencore’s takeover of Uniq has been waved through by the Office of Fair Trading. The watchdog today rubber-stamped the deal, which was first announced in July, having been cleared by the Irish Competition Authority last month.
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NewsDuty change prompts Carlsberg to cut Skol abv
Carlsberg UK has cut the alcohol content in Skol to take advantage of changes to the domestic duty regime. Skol was previously 3% abv but will now be brewed at 2.8%. The move comes after the government reduced the duty on beers of 2.8% abv or lower to encourage responsible ...
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NewsTesco price war threat sends rivals’ shares tumbling
Fears that Tesco is to spark a new price war sent shares in supermarket rivals plummeting yesterday. Shares in Sainsbury’s fell by 2% yesterday, while Ocado was hit even harder. The online retailer saw its share price slump by 11%.
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NewsBudvar clinches Euro court battle over Budweiser name
The Czech brewer of Budvar can continue to use the Budweiser name in the UK following a ruling in Europe’s highest court. The Court of Justice of the European Union today ruled that Budejovicky Budvar was entitled to use the famous name it shares with the American beer brand, owned ...
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NewsTesco to raise £300m from Thai property sell-off
Tesco is bidding to unlock hundreds of millions of pounds from its Asian property empire. Its Thai subsidiary, Tesco Lotus, is looking to raise more than £300m via an initial public offering for a new property fund secured against 15 of its hypermarkets in Thailand.
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Comment & Opinion
The responsibility Delia
There are all kinds of reasons not to like celebrity chefs: envy of their boyish good looks, say, the fact they never have to wash up, or their ability to do things with a courgette and a peeler than would make grown men weep.
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NewsNPD key to higher margins, says PZ Cussons
PZ Cussons has vowed to focus on new products providing higher margins as it continues to battle soaring commodity costs.
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NewsOcado signs supply deal with Scheckter's ‘university of organics’
Ocado has signed a new supply deal with the ‘biodynamic’ organic farm run by former Formula One champ Jody Scheckter.
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NewsChampions League legends line up for Heineken
Heineken will tonight unveil a new 30-ad dubbed The Opera to celebrate its sponsorship of the UEFA Champions League. The 30-second ad features AC Milan veteran Clarence Seedorf taking a shot at Juventus stopper Gianluigi Buffon in the setting of an opulent opera house.
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NewsHeinz means business with HP Sauce salt reduction
Heinz has bowed to health campaigners – at the expense of angering traditionalists – by cutting the salt in HP Sauce by almost 40%. The US manufacturer announced yesterday it had reduced the amount of salt in the fry-up staple from 2.1g per 100g serving to just 1.3g.
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NewsAsda adds two to executive elite
Asda has announced the addition of two senior managers to its executive team. Karen Hubbard, currently operations director for Asda’s supermarkets, takes on the new role of executive director of store proposition.
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Comment & OpinionCritical Eye... on the radioactive retail lizard
Calling in the cameras to save you from the economic gloom is like Tokyo summoning Godzilla to chase off Moth-Ra. You might solve one problem, but you've still got a mile-high mutant lizard breathing lightning everywhere.