Latest supermarket news – Page 343
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Morrisons announces £200m bond buyback plan
Morrisons has announced it intends to buy back £200m of corporate bonds to reduce its outstanding debt.
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Granny Cool defeats Dragons to win Sainsbury's listings
Preserves brand was told by Peter Jones that it would never go national
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M&S consulting on payment hike of 15% for shop floor staff
The retailer said it had used the introduction of the national living wage to look at pay
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Rowe's comments send shockwaves through the City
Steve Rowe’s ascension to the Marks & Spencer hotseat was widely welcomed, but his first set of annual results at the helm of the high street stalwart sent shockwaves through the City.
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'Bacon for Farmers' brand eyed by Morrisons
It has registered the trade mark Bacon for Farmers with the Intellectual Property Office
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Morrisons relaunches loyalty card with 'Fivers' rewards
Morrisons is relaunching its loyalty scheme next week and will be dishing out rewards in the form of Morrisons ‘Fivers’
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M&S marks four millionth customer for Sparks loyalty scheme
Retailer planning more personalised offers to customers through the card while reducing price promotions
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John West faces tuna action in Sainsbury's by Greenpeace
Teams of volunteers targeted 50 Sainsbury’s locations last Saturday
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Media Bites 26 May: M&S, BHS, Tesco
Unsurprisingly M&S dominates the retail headlines this morning after its shares fell by more than 10% yesterday.
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Tesco launches cauliflower steaks in new UK BBQ veg range
The veggie range is a response to demand for more choice at BBQ time by shoppers
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City Snapshot: M&S profits drop 19.5% as it steps up convenience roll-out
M&S saw profit before tax drop 19.5% to £483.3m on revenues up 0.8% to £10.4bn
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Waitrose Canary Wharf to host There's a Beer For That tasting
Waitrose chefs will prepare a tasting menu with each course accompanied by a different beer
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Sainsbury's and Bosch link to give away smart fridges
The fridges can send pictures of their contents to shoppers’ smartphones while they are in the supermarket
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Morrisons advertises its free-from range for first time
Chain has doubled its free-from range by adding more than 200 new lines
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Waitrose starts TV advertising for premium Waitrose 1 range
Series of three ads shows provenance of the supermarket’s new premium range
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Morrisons to use mystery shoppers to monitor store standards
Morrisons is bringing in a mystery shopping agency to monitor availability, customer service and store standards
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Supermarkets up support for food banks as demand increases
Supermarkets have massively stepped up their support for food poverty charities
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Tesco's Community Food Connection is helping to reduce waste
Tesco has achieved a 2% reduction of waste in fresh produce
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Shoppers not gaining from shift towards everyday low prices
Shoppers are actually losing out from the shift towards everyday low prices
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Asda Q1 sales slide 5.7%
Asda has posted a 5.7% decline in like-for-like sales in its first quarter as the supermarket continued to struggle against “fierce competition”.