Latest supermarket news – Page 188
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Tate & Lyle CFO Imran Nawaz becomes Ken Murphy’s first major Tesco hire
Murphy said there had been an “extensive search” to find the right successor to Alan Stewart
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Media Bites 7 Oct: Tesco, Ocado, Deliveroo
Tesco will complete the overhaul of its top executive team by raiding Tate & Lyle to recruit its new finance chief
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City Snapshot: Tesco sales soar during pandemic but £553m Covid costs drag on profits
Sales at Tesco soared 6.6% in the first half to £26.7bn as shoppers relied more heavily on supermarkets during the coronavirus pandemic, but costs also ballooned to weigh on profits. The supermarket also announced Tate & Lyle CFO Imran Nawaz as its news chief financial officer.
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Plant-based cheese brand Willicroft lands Waitrose listing
A trio of Willicroft products go on sale in Waitrose on 7 October
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M&S hires Next’s former digital trading boss
The retailer has hired Gemma Lumsden to lead its analytics, website optimisation and SEO teams
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Waitrose online orders up 20% since Ocado split
One of its stores in Southend fulfilled 3,000 online orders last week, the first time any Waitrose branch has hit the milestone
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Tesco begins adding traffic lights to store entrances
The lights control the number of shoppers inside based on the store’s capacity and two-metre social distancing guidelines
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Booths relaunches grocery delivery service for vulnerable customers
Local lockdowns in areas such as Preston and Manchester have led the retailer to offer the deliveries of essential grocery packages again
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One third of shoppers have loose produce Covid fears
36% felt sustainable packaging had become more important since the start of the pandemic
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Aldi replaces plastic fruit & veg bags with reusable ones nationwide
The plastic bags will be gone from Aldi’s 900 UK stores by the end of year, the discounter said
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EG Group founders and TDR Capital acquire majority stake in Asda
Current owner Walmart will keep a minority share in Asda, which will retain its current management under CEO Roger Burnley
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Absenteeism creeps up at supermarkets as infections rise
Retailers fear they will be forced into a repeat of the massive recruitment exercises of the first phase unless problems are solved
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Asda launches new EDLP move to take on discounters
Asda has told suppliers it plans to take the fight to Aldi and Lidl
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Media Bites 2 October: Ocado, Tesco, PepsiCo
Ocado’s strategy of selling its grocery knowhow worldwide is under threat after a Norwegian rival claimed it has copied its technology and infringed its patents
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Ocado sued by AutoStore for alleged patent infringement
AutoStore claims Ocado’s Smart Platform system, which is used across Ocado’s highly automated warehouses, is based on it’s patented technology
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Morrisons extends immediate payment terms for smaller suppliers
In March, Morrisons became the first retailer to announce it would make faster payments until the end of May
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M&S ends ‘Little Shop’ giveaway toys promotion
The programme, which was criticised by plastic campaigners, was ’always intended to end in September’, M&S said
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Beyond Meat boosts UK presence with Sainsbury’s launch
The listing follows a shift in production to Beyond Meat’s new Dutch manufacturing facility
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Media Bites 1 October: Tesco, Ocado, Morrisons, Compass Group
Ken Murphy replaces Dave Lewis at Britain’s biggest supermarket today and faces investors next week.
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HFSS promotions ban cost could top £3bn, data reveals
IRI said losing aisle-end and front of store revenue could cost the biscuit sector £280m