Latest supermarket news – Page 348
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Adjudicator urges more transparency in retailer forecasting
Christine Tacon this week published a new best practice statement for forecasting
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Hilton Food boss backs Tesco farm range as profits soar
Hilton Food Group profits jump 11% thanks to ongoing Tesco recovery with the boss of the red meat supplier backing the supermarket’s new farm-based range.
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Former Morrisons retail director Martyn Fletcher joins 2 Sisters
Fletcher takes the role of chief operating officer of protein at 2 Sisters Food Group
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Tesco announces plans to widen roll-out of its PayQwiq app
PayQwiq app has been tested in 50 Tesco stores in London and Edinburgh
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Tesco to close Nutricentre health food business
The retailer has started redundancy consultations with 137 staff
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Metro announces demerger plan to spin-off food business
German retail giant Metro Group has announced a de-merger plan to create two distinct companies and separate its food and consumer electronics businesses.
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Waitrose to open cashless store at Sky TV headquarters
Store will be the second smallest in the Waitrose estate
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Morrisons strides into fashion retail top 20
The supermarket group’s Nutmeg brand recorded more than 3.1 million transactions for the 12 months to the end of January
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Sainsbury's shares rise on good news for Home Retail bid
Steinhoff’s withdrawal from the bidding for Home Retail left Sainsbury’s as the race winner
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Tesco takes flak over 'misleading' Farm brands
Move comes four years after a major relaunch of Tesco’s £1bn value range under Philip Clarke
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Tesco launches 'Farms' brands to replace Everyday Value lines
Move comes four years after a major relaunch of Tesco’s £1bn value range under Philip Clarke
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Lindsey Pownall joins Tesco as non-executive director
Pownall stepped down as Samworth Brothers chief executive in December
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Sainsbury’s makes improved £1.4bn bid for Argos owner Home Retail Group
Sainsbury’s has confirmed it has made a tweaked £1.4bn bid for Home Retail Group after its rival in the bidding battle pulled out of the race today.
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Steinhoff pulls out of Home Retail bidding battle
South African retail group Steinhoff has decaled it has “no intention” of making a formal offer for Home Retail, leaving the coast clear for Sainsbury’s to take over the Argos owner.
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Waitrose relaunches 'Grow and Sell' gardening kit scheme
Retailer is also launching its first gardening-themed customer magazine
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Bryan Burger retires as Morrisons petrol chief
Burger will now take an extended break in his native South Africa
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Sainsbury's first sales rise in two years: what the analysts say
What did City analysts make of Sainsbury’s managing its first quarterly rise in sales for two years, with like-for-like retail sales nudging up just 0.1% in the fourth quarter?
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Ocado shares surge on solid first quarter results
Gross group sales climbed 15.3% to £312.4m in the 12 weeks to 21 February from £271.1m in the same period in 2015
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Morrisons 'Makes It' for Easter in food-making TV ad
Ad marks the start of Morrisons first campaign with Publicis London
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Stuart Menzies to leave Asda for role at Iceland
Recruitment is underway for Menzies replacement