Convenience and Wholesale news – Page 203
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Budgens cranks up its Tesco price match war
Budgens stores are now price matching Tesco on 1000 branded products in the roll-out of the second phase of its lower price campaign.
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Makro procures two new acting directors
Makro has made two new appointments to its board of directors.
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Average profit margin at Big 30 wholesalers squeezed to just 0.8%
The average pre-tax profit margin made by the UK’s 30 largest wholesalers is a razor-thin 0.8%, according to The Grocer’s latest Big 30 survey.
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Philip Dennis spends big on wind turbine
Devon foodservice wholesaler Philip Dennis has invested £1.2m in a wind turbine that will produce enough electricity to power its Ilfracombe depot.
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DBC hit by investments and home-dining trend
DBC Foodservice has blamed the loss posted in its latest results on a combination of heavy investment in its business and fewer people eating out.
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HMRC 'not making progress on duty fraud'
Co-operation between the industry and HM Revenue & Customs has brought “no tangible success” in combating alcohol duty fraud, according to the National Audit Office.
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Cases of cheap booze lure indies from C&Cs
Cash & carries missed out on vital Christmas alcohol sales as independent retailers stocked up on “hundreds of cases” of cheap supermarket booze at a time.
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Brakes touts own label to beat own price rises
Foodservice giant Brakes has urged customers to shun branded products in favour of its Brakes own-brand to save money as it warned of a price hike from 1 February.
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Hancocks sales pass the £100m mark
Sales rose 7.5% at confectionery wholesaler Hancocks last year after more retailers picked up its own-label lines.
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Mults' spice and rice boom boosts East End
East End Foods has picked up a plethora of listings with the mults for its own-branded range of spices, lentils and rice. Sales into supermarkets have grown 43% over the last year and are on track to reach £8.5m to £9m this year, said senior business development director Alka Kapoor.The ...
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AlixPartners consultants leave Makro
Consultants drafted in to help Makro return to profit have left following what it described as a “strong start to its turnaround plans”.
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FWD claims success as four are arrested following C&C thefts
Criminal intelligence gathered by the FWD has led to four arrests in 10 days.
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Brakes bids farewell to Barden after just a year
Stefan Barden has left foodservice giant Brakes Group following a management restructure that saw his position as UK chief executive axed.
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Wholesale and indies rake in seasonal sales
Wholesalers and independents massively outpeformed the big box supermarkets this Christmas.
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Tesco sneezes and the grocery trade catches a cold
News of Tesco’s performance prompted a sell-off by investors across food retail.
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Filco gets aggressive to fight shoplifting
Filco MD Ian Hunt has pledged to take aggressive action to combat shoplifting.
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Lucky seven for Dhamecha with latest depot
London-based cash & carry Dhamecha Group is to open its seventh depot.
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Booker launches foodservice bid after latest bumper quarter
Booker has created a new foodservice business, dubbed Chef Direct.
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Suppliers refuse to fund Makro website
Suppliers have hit out at Makro after the loss-making wholesaler wrote asking up to £2,000 to help fund the rollout and development of its website.
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Dhamecha depot boosts full-year sales
Dhamecha Cash & Carry has posted an increase in full-year sales thanks to the opening of its sixth depot.