Latest discounter news – Page 132
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Record trading for Iceland
Iceland has announced a record year of trading for the year ending 25 March 2011. Pre-tax profits jumped 14.8% up to £155.5m. Sales were up 5.9% to £2.3bn, with like-for-like sales up by 2.1%...
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Shoppers hungry to do a bigger grocery shop at Wilkinson
Shoppers would welcome an increased grocery offer at high street variety discounter Wilkinson, new research has revealed.Him!'s Variety Discounter Tracking Programme, which quizzed 1,000 Wilkinson and Poundland shoppers at 70 stores,...
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Walker ‘still favourite’ to take over at Iceland
As newspaper reports confirmed a 'beauty parade' of financial advisors strongly linking Morrisons with a £1.5bn swoop for Iceland, Malcolm Walker is still the favourite to get his hands on the company he founded, a senior City source close to the...
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Iceland’s new coupons offer speedier promos
Having led the way with round-pound price points, Iceland is now looking to stay ahead of the game with a new flexible loyalty promotional strategy. The retailer will use intelligent new technology to allow it to chop and change...
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What’s behind the amazing resurgence of discounters?
They are grabbing market share gains as they wow shoppers with quality and value, but does their financial model restrict further growth, asks James Halliwell
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On Everest, Walker hits out at Iceland rumours
Malcolm Walker has slammed the speculation surrounding the sale of Iceland from his base camp on Mount Everest, as he prepares to scale the highest mountain in the world to raise £1m for charity.
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B&M plans to go south with 30 bargain stores
B&M Retail is hoping to have opened 30 new B&M Bargains stores by the end of the year including one within the M25. The Liverpool-based discounter has 235 stores across the UK, but the estate only currently stretches as far...
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Lidl to sell ‘high-end’ Royal china
Lidl is launching a set of fine-quality bone china to commemorate this month's Royal Wedding.The discounter has secured a deal with Royal Worcester to design the mug and plate, which will be decorated in the UK. The items will make Lidl...
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Burrell takes company secretary role at Iceland
Jayne Burrell has been appointed as Iceland's company secretary effective from 1 April, taking over from Iceland veteran John Berry, who has been in the role for 22 years. "I am really excited about the challenge" said Burrell, who is...
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Aldi ups the ante with its first Fairtrade range
A resurgant Aldi has opened a new front in its war with the supermarkets. This week, the discounter launched its first range of Fairtrade products in time for Fairtrade Fortnight, which kicks off on Monday. The five-strong range consists of...
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Warburtons loaf on trial at Poundland
Poundland is trialling a mid-size Warburtons Toastie loaf that has been exclusively developed for it by the manufacturer.
The 600g product which is midway between a full 800g and half-sized loaf and available in thick or medium slices … -
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Imitators won’t fool shoppers, says Heinz following Aldi TV ad
Heinz has hit back at a new Aldi TV ad campaign that pits its own-label lines against big-name brands. The first home-movie style ad, which broke this week, features a young girl holding up a bottle of Heinz Tomato Ketchup and a bottle of...
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Ugo store takes fight to Stoke Sainsbury’s
Haldanes has opened its first Ugo discount supermarket, in Stoke-on-Trent. The opening follows Haldanes' purchase of 20 Netto stores from Asda last month. The store previously operated under the Haldanes fascia and is being trialled ahead...
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Quality drives upsurge in sales at Lidl and Aldi
The recent discounter revival is down to Lidl and Aldi pushing the quality of their products to tempt shoppers into their stores, and is not a sign of a worsening economy, the retailers have claimed. Both discounters have dramatically...
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Ugo woos Netto shoppers - by offering them Netto
New discount retailer Ugo is set to be a near carbon copy of Netto. Mimicking its predecessor, the chain launched by Haldanes following the purchase of 20 Netto stores from Asda will have a yellow fascia with black lettering. In place...
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Rippleglen: discounter ranges are hurting CTN
Leading CTN operator Rippleglen has accused big confectionery companies of damaging traditional newsagents’ businesses by developing exclusive ranges for discounters.
MD Mike Colley said major confectionery manufacturers were not just… -
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Haldanes to launch a ‘strong and broad’ new discounter chain
Haldanes is launching a new discount supermarket chain called Ugo. The retailer, formed last year after buying a number of former Somerfield stores from The Co-operative Group, is launching the chain after acquiring 20 Netto stores from...
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Matthew Walker pudding deal is a Christmas hit for 99p Stores
Single-price discounter 99p Stores enjoyed the sweet taste of success in the run-up to Christmas after shifting 80,000 Matthew Walker Christmas puddings.
With the average price at £3.99 for the 454g line at the multiples, the deal caused… -
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Farmfoods ‘agrees to talks’ over milk prices
Farmers For Action (FFA) has shifted its focus to the discounters and has already won a mini-victory in its campaign to get better milk prices for farmers.
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Irish economic crisis tempts Iceland back after a five-year gap
Iceland is set to become a major player in the Irish grocery market once again, five years after a shock withdrawal that gave staff just 24 hours' notice before its outlets in the Republic were closed down. The return has been...