more supermarket news & analysis – Page 1042
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News
Biting off more than it can chew?
On Wednesday, January 8, we polled the best City minds to see whether they felt there would be a bid for Safeway this year. Of those quizzed, 70% said such a move would not happen in 2003. And 40% thought it unlikely in the foreseeable future. The...
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More than two thirds of Leading Edge's young managers think
Tesco's acquisition of T&S Stores has been a hot topic in the industry and in the press. Opponents of the deal claim it will damage suppliers and independent retailers and be bad for the consumer. Those in favour believe the move will bring an...
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tesco deal forces mutual dependence
from John Emeny, chairman, Rusts Ltd Sir; The move into neighbourhood retailing is perhaps the final step that Tesco can take within the UK to maintain its profit momentum. It has led the trade in size of store, range of merchandise, price,...
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Andrews drives
the Partnership Carolyn Andrews has become operations director for the BP & Safeway Partnership, responsible for the successful running of its growing portfolio of new concept stores. Andrews will oversee the partnership's supply chain,...
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Co-ops' rail sites bid
A clutch of leading co-operative societies is looking at opportunities to develop c-stores at railway station sites. The Co-operative Group, West Midlands Co-op and other societies have held initial discussions with the Co-op Union (now known as...
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OFT has missed point'
Elaine Watson The Association of Convenience Stores has penned an angry letter to the OFT asking it to explain the thinking behind its decision to wave through Tesco's acquisition of T&S. Although regulators gave Tesco the green light before...
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The £8m refurbishment of Sainsbury's Purley Way store in Cro
However, the incorporation of Sainsbury's new zone' concept could help to boost the store's performance further by appealing to the busy suburban shoppers who seek everything in one store. The choice of Purley Way as the second location for...
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Tesco revamps organic
Tesco is acting on royal advice to try and boost its organics category. The retailer is keen to promote its organic offering more aggressively and has embarked on a major redesign of its organic fruit and veg packaging. The plan developed from a...
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Tesco spreads 5-a-day gospel
Ed Bedington Tesco is hoping to spread its 5-a-day campaign message to a global audience. The retailer will be the only UK supermarket to give a key speech on the subject at the International 5 a Day Symposium in Berlin next week. Hamish...
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McCarthy: sit up, take note'
Glynn Davis Tesco officially took over the reins at new acquisition T&S Stores on Monday a move that could signal the start of a new era for convenience stores. Jim McCarthy, former chief executive of T&S Stores who is the transitional...
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Soberano gets into JS
Spanish brandy Soberano Solera Reserva 5 is broadening its sales avenues this year after securing listings in Sainsbury's 300 largest stores. On shelf now, it extends the brand's presence in the multiples beyond its national distribution in...
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I t came out of the blue, flying in the face of repeatedly c
Sir Ken Morrison is famous for his quiet, publicity shunning manner of operation. But in his quiet way he has built up Morrisons into a hefty player in the top rank of British supermarketing. Now, after two months of secret talks, this deal, at...
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Asda drinks a toast to gondola ends
Asda moves up one place to take the top spot in the fascia chart this week, pushing Morrisons down to number two. Safeway has increased its share of promotional activity, moving up one place to number three. Asda is particularly strong on price...
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BABY WIPES
The baby wipes sector appears one of the fastest growing areas, with an overall growth in the latest year of 20%. All key outlets appear to be driving this growth with Boots, Superdrug, Sainsbury, Tesco and Safeway overperforming the total market. A...
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It's a fair bet that the slumbers of Wal-Mart CEO Lee Scott
For weeks, the story on both sides of the pond has been about Wal-Mart making a bid for Safeway in a move that would consolidate its already strong stake in the UK trade through Asda. Indeed, one story, widely circulating in Wall Street...
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Satellite eye on lorries
Tesco and Sainsbury have invested "multi-millions of pounds" in introducing satellite tracking equipment across the supply chain. An 18-month roll-out of the Isotrak black box tracking to Tesco's 1,350 vehicles, 23 UK delivery centres and 740...
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Super chance' proclaims Sir Ken
John Wood Morrisons stunned the industry this week with a takeover bid for Safeway that would catapult it over Asda into third place in UK market share and leave it snapping at the heels of Sainsbury. Morrisons executive chairman Sir Ken...
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Safeway claims “best ever Christmas”
Safeway’s has posted a 4.2% growth in like-for-like sales over the festive period helped by a “particular strong demand” for seasonal lines and non-foods.The supermarket said the results for the four weeks ended January 4 represented its...
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Tesco recall for nut cutlets
Tesco has recalled a batch of its own label vegetarian nut cutlets which could be contaminated with glass. The recall of Tesco Vegetarian 4 Nut Cutlets – manufactured by Goodlife Foods – came after four customers complained of glass found in...
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Wal-Mart offers new loan notes for Asda debt
Wal-Mart, the US parent of Asda, has informed holders of the UK supermarket’s bonds and loan notes of an offer to exchange all outstanding Asda debt securities for sterling denominated fixed rate Wal-Mart notes due in 2013.Wal-Mart said the...