more supermarket news & analysis – Page 541
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News
Britain's Favourite Supermarket: Tesco
Here is recognition, surely, of the value and the goodwill among British shoppers towards Britain’s biggest grocer…
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News
Marks & Spencer buys seven Co-op stores for Simply Food
The properties in Blandford Forum, Chepstow, Haslemere, Penrith, Rayleigh, Stockton Heath and Matlock range in size from 9,000-15,000 sq ft
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Comment & Opinion
Tesco's momentum needs staff to buy into restructuring
In a big week for the supermarket giant, Ian Quinn outlines the challenges they’re still facing
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News
Supermarket woes to drag on to 2017, Moody's warns
Margins at the big four UK grocers are unlikely to recover for another 12 to 19 months as the price war continues to rage and like-for-like sales decline, ratings agency Moody’s has warned.
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News
Tesco sheds 1,000 in-store management jobs as staff shake-up is revealed
Team leaders that decided to stay will face pay reductions of around a fifth of their pay as they move to alternative roles
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News
Sainsbury’s boss Mike Coupe sees better times ahead
Sainsbury’s CEO Mike Coupe has speculated that its 2.1% first quarter like-for-like sales decline could signal the “low point of the cycle” as deflation eases and volumes return.
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Analysis & Features
Sainsbury's results: What the analysts say
The industry has its say on this morning’s Sainsbury’s financials
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News
Sainsbury's blames deflation for marked Q1 decline
After a 3.7% decline, Mike Coupe said volume and transactions continued to grow on the back of “improved value and further investments in quality”
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News
Waitrose launches first Prosecco magnum
Rolling out from this week, the San Leo Prosecco Magnum (rsp: £20.99) contains 1,500ml of wine versus the 750ml in a standard bottle
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Comment & Opinion
Apple Pay offers evolution rather than revolution for UK retailers
While benefits for consumers are obvious, the pros for retailers are a little more subtle
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News
Asda claims first ever striped pepper, with distinct flavour
The Asda Extra Special stripy pepper, a combination of yellow and red bell varieties, went on sale in stores nationwide today
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News
Tesco takes new CTO from Expedia
Mesrobian is a replacement for Mike McNamara, who left Tesco after 16 years in February to join US retailer Target
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News
Morrisons unveils first Potts price cuts
Morrisons said today that it has now made 1,665 cuts of an average of 16% since the beginning of last year
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Comment & Opinion
Get set for Financial Reporting Council audit scrutiny
In light of the Tesco accounting scandal, the Financial Reporting Council has announced it will focus on food retail in its upcoming audit inspections
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News
Sainsbury's sends out Nectar vouchers after Charlton DC fire
Sainsbury’s has compensated over 100,000 customers after a fire at its South East London depot affected deliveries
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News
Tritax Big Box REIT snaps up Tesco Goole regional DC for £50m
Real estate investor Tritax Big Box REIT has bought the Tesco regional distribution centre at Capitol Park, Goole…
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News
Tesco's Dave Lewis vows to eradicate all edible food waste
Tesco boss Dave Lewis this week threw down the gauntlet to rivals to join its commitment to banish food waste…
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News
Sir Ken urges patience with new Morrisons bosses
Morrison, who launched a tirade against former CEO Dalton Philips at last year’s meeting, said he was assured by the stated aim of chairman Andrew Higginson
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News
Morrisons just stays in FTSE 100 following share price surge
A mid-week share price surge was triggered by signs its trading performance is finally improving
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News
Co-op trial boosts value and tertiary lines
New dump bins and outdoor posters advertising ‘Super Low Prices on over 100 of your everyday essentials’ have been introduced at around 25 smaller stores