All Discounters articles – Page 55
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NewsIceland’s losses grow despite boost to sales
Pre-tax losses for the year ending 27 March 2020 were £71.8m, up from £53.8m the previous year, according to new accounts
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NewsMedia Bites 20 July: Iceland, M&S, Asda
Losses at Iceland widened by a third last year even though shoppers switched to frozen foods during the pandemic
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NewsAldi extends immediate payments for small suppliers until the end of the year
Aldi buying MD Julie Ashfield has written to suppliers telling them the terms will continue until the end of 2020
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NewsPoundstretcher axes 10 area managers as Farmfoods takes over stores
Staff in buying and loss prevention also face redundancy this week
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NewsPoundland to launch online delivery and ‘destination stores’
The variety discounter is revamping its store estate in what it is calling its biggest-ever transformation programme
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NewsIceland claims 74% carbon footprint reduction since 2011
The retailer claims its footprint has fallen from almost 250,000 tonnes of CO2 in 2011 to 46,000 tonnes in 2020
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NewsAldi doubles size home delivery trial with Deliveroo
They include branches in Greater Manchester and Cambridge, along with five more stores in London
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NewsWilko appoints Karen Mackay as group chief financial officer
Mackay joins the home and garden chain from Optegra International, where she has been group chief financial officer for five years
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NewsLidl renews estate growth target despite disruption caused by pandemic
The discounter plans to open 25 stores in the next six months, creating up to 1,000 jobs by the end of the year
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NewsIceland joint MD Nigel Broadhurst resigns
It comes a month after Iceland founder and executive chairman Malcolm Walker and CEO Tarsem Dhaliwal took full ownership of the frozen food chain
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NewsLidl reintroduces loose bakery products to stores
Lidl announced the move on social media, saying: ’The bakery is now open again. Please form an orderly queue.’
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NewsAldi adds cava built to ‘balance against the chill of ice’
The semi-seco cava is billed as having flavour notes of stone fruits and fresh flowers
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NewsColdpress HPP smoothies listed in Lidl
Coldpress founder Andrew Gibb said the move was “a major springboard” for the brand’s new-recipe smoothies
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NewsAlex Russo to take over as B&M chief financial officer in November
Russo will become CFO and executive director of the company on 16 November following a handover from Paul McDonald
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NewsTesco responds to ‘speculation’ around Aldi ‘price war’
Despite concerns about the short time frame for the ‘tough negotiations’, Groceries Code Adjudicator Christine Tacon says she’s received no complaints
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NewsAldi commits to halve plastic packaging use by 2025
The latest commitment will eliminate 74,000 tonnes of plastic – or 2.2 billion pieces – over the next five years, Aldi said
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NewsAldi sees 50% hike in sales of free-from food and drink
Aldi now has a 5.7% market share - the largest of any non mult retailer, although Tesco still dominates with a 24.3% share of free-from sales.
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NewsPoundland revenues flat as rivals open in former Poundworld sites
Like-for-like growth had been driven by Pep&Co, while the positive impact of Poundworld’s demise had been offset by competitors opening in the chain’s former sites, according to newly filed accounts
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Comment and OpinionAldi’s chlorinated chicken pledge is a PR stunt - but worthwhile nonetheless
The supermarkets could shift the dynamic of the food standards debate
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Comment and OpinionAs stores hang in the balance, what has gone wrong for Poundstretcher?
Only a year ago Poundstretcher was on an expansion drive. But did it go too fast?