more supermarket news & analysis – Page 805
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Second Opinion: King has further battles to fight
Sainsbury's is returning to form - but can the momentum be maintained, asks Jonathan Pritchard
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Tesco targets a million new Clubcard members
Tesco expects to add one million new Clubcard members into the fold as a result of the £150m revamp of its loyalty card scheme.
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Tesco slashes Irish prices to stem euro exodus
Tesco Ireland has slashed prices by almost a quarter at a clutch of stores to stem the flow of cross-border shoppers seeking bargains in Northern Ireland due to the strength of the euro.
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Editor's Comment: A blanket 3% cut in cost price seems crude but it's an opening gambit, right?
Tesco is not the only multiple playing hardball with its suppliers right now, says Adam Leyland
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Supermarkets turn up the heat on their careworn suppliers
In the same week Tesco racked up record profits of £3.1bn, it emerged that the retailer was calling in suppliers to demand cost price reductions of up to 3%. Suppliers told The Grocer they were called in and told by buyers there was a "new...
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Asda says complaint charge was too high
Asda has reduced the amount it charges suppliers when a customer complains from £70 to £20 after claims that it was a disproportionate charge. "Hands up, we got it wrong," said Asda corporate affairs director Paul Kelly. The charge had been...
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Boost to retailers as Britain is tipped for 'barbecue summer'
Retailers and suppliers have welcomed Met Office predictions that the UK is "odds-on for a barbecue summer"."After two wet summers, the signs are much more promising this year," said chief meteorologist Ewen McCallum. "We can expect times...
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Tesco makes plans to grow clothing range
Tesco looks set to extend its Florence & Fred clothing range into sportswear, after trademarking 'F&F Active' and a new logo.Two further extensions also appear likely after 'F&F limited edition' and 'F&F Blue Collection' were also...
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Aldi sets out its 99p stall with TV ad for 140 lines
Aldi is trumpeting its value credentials to consumers by advertising 140 lines at just 99p. The discounter has compared its 99p lines with similar products offered by Tesco and Asda and claims that buying 100 of them could save the consumer up to...
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Ex-Tesco boss forced to shut indie venture
Peter Durose, the former Tesco fresh produce chief, has been forced to close the specialist food shop he opened in 2007. The English Grocer has closed its doors after Durose and his wife decided they couldn't keep ploughing money into the...
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Asda's Harrison gets beverages and sugar role
Asda has named Matt Harrison its new buyer for beverages and sugar.
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Hardy joins the Brits in Oz with Coles role
Gary Hardy, Asda operations manager for south London, has been appointed general manager for western Australia at Coles – joining a team headed by several experienced British retail executives.
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Asda kids go cock-a-hoop
After Tesco treated shoppers to some unexpected X-rated fun in one store's entertainment section recently, news of top-shelf antics at arch-rival Asda. Last month it was reported that the supermarket had been forced to move its misleadingly...
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Own-label squash ranges make switch to double strength
Sainsbury's and Asda have converted their own-label squash drinks to double-strength concentrates to reduce packaging and offer shoppers better value. Thirty own-label squash drinks were switched to double strength at Sainsbury's outlets...
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Grocer 33: Waitrose staff excel in Edinburgh
It was another week of strong availability across the board, but Waitrose in Edinburgh clinched our top store award thanks to its exceptional customer service.
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Is Stefan Barden ushering in the return of VMI to grocery?
He’s known for being single-minded, but can the Northern Foods CEO persuade Sainsbury's to hand over control of its in-store stock, asks James Ball
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Editor's Comment: Tesco has become part of The Establishment
This week Tesco overtook Carrefour to become the world's second-most profitable retailer. And with the Chancellor announcing a basket case Budget a day later, it might seem odd to question one of the enduring success stories of the past New Labour...
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Northern in talks over Sainsbury's VMI deal
Northern Foods is in talks with Sainsbury's about managing its own inventory with the retailer – and unlike similar past deals Sainsbury's would only pay for what it sells. Marking a possible return to prominence for vendor-managed inventory (VMI),...
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The Co-op's Simply Value range replaces 'neglected' Everyday
The Co-operative Group's value range Everyday is set to disappear in the next few months, the society has confirmed. Last September, The Co-op Group food retail MD Tim Hurrell said the range had been "neglected" and it was planning to use the...
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Profits up 49% to £9.1m at Scotmid Co-op
The resurgence of the co-operative movement continued this week with Scotmid Co-operative Society, the UK's fourth-biggest co-op, reporting a 49% jump in profits.Pre-tax profits rose from £6.1m to £9.1m for the year to 31 January on sales up...