more supermarket news & analysis – Page 247
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News
Sainsbury’s slumps to a loss despite surging revenues amid pandemic
Underlying pre-tax profits at the group slumped 39% to £356m in the year ended 6 March 2021, despite a 7.3% jump in retail sales to £28.8bn
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Range Preview
Range preview: Tesco Fire Pit BBQ range 2021
Tesco has drawn inspiration from American ‘pitmasters’ for its latest own-label brand Fire Pit. Here’s our pick of the range
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News
Moody’s: supermarket share prices at risk due to slow progress on plastic
The credit ratings giant also warned retailers could face environmental law suits for the harm done by plastic packaging
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News
Geary’s Bakery launches raft of Jason’s breads into Asda and Ocado
It has debuted three ‘Breads of the World’ into the Asda’s in-store bakeries
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News
Supermarkets ducking out of post-Brexit support, says Dutch supplier
Supermarket prices will rise more than is necessary unless there is greater collaboration, according to Moolenaar
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News
City snapshot: Sainsbury’s slumps to a loss despite surging revenues
Sainsbury’s has plunged into the red after £485m of Covid-related costs and £600m-plus of restructuring charges for its Argos transformation programme more than offset a surge in revenues over the past year. Plus, on a busy morning, trading updates from Reckitt Benckiser, Carlsberg and Nichols; Deliveroo appoints two non-execs; and the latest shop prices index from the BRC and Nielsen.
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Analysis & Features
From waste stream to mainstream: the rise of refillable products
Packaging-free trials are on the rise across the mults. But can they work at scale? And is consumer demand sufficient?
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News
M&S creates four new food director roles to strengthen commercial team
The appointments would better enable commercial director George Wright to focus on supply chain transformation and supply base strategy, said M&S Food MD Stuart Machin
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News
Waitrose to create 400 new roles to fulfil Deliveroo orders
The new roles will be dedicated to fulfilling orders and readying them for collection by Deliveroo couriers
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News
City snapshot: Grocery growth stays strong as retail reopens and lockdowns lift
Grocery sales growth has remained in positive territory in recent weeks despite the reopening of wider retail, food service and the relaxation of social restrictions
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News
East of England Co-op food sales boost offsets Covid-related declines
Sales across its travel, petrol filling station and events businesses were down over 40%
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Comment & Opinion
Tesco should reduce meat sales if it’s serious about tackling climate change
Selling industrial meat at the rate Tesco does is simply not sustainable, says Greenpeace executive director John Sauven
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News
Iceland launching ‘Bonny the Butterfly’ after M&S and Aldi cake row
Iceland is using the row to promote biodiversity, in reponse to a call from Chris Packham
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News
Co-op security guards armed with crime deterrent spray
The SmartWater will be used by Co-op’s Mitie-employed security officers in around 400 stores
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News
‘Rat burglar alarms’ cut harmful rodenticide use across Tesco estate by 40%
Poisons are proving increasingly ineffective against infestations
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Comment & Opinion
Why the time is now for grocers to use data to disrupt
As lockdown restrictions ease, the most successful retailers will be those that understand consumer habits, says Debbie Bowen Heaton, partner at Oliver Wight EAME
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News
Justin King backs Snappy Shopper app with ‘significant’ investment
King is set to join the board as a non-exec when the fundraising is complete
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News
M&S rolling out AI supply chain tech to all food stores
The business is partnering with retail software specialist Relex, which has also worked with Morrisons, Waitrose, WH Smith and One Stop
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Comment & Opinion
Leon acquisition is surely no replica of Tesco’s doomed Giraffe strategy
Experts are clear the restaurants are unlikely to be planted in too many Asdas, if any
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News
Morrisons targeted by Animal Equality over ‘misleading’ chicken range
The NGO said it would flood Morrisons’ communications channels in a bid to get it to sign the Better Chicken Commitment