more supermarket news & analysis – Page 816
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Asda: consumers will be richer next year, but won't splash out
Asda has predicted disposable income will actually rise in 2009, on the back of forecasts by the Centre for Economics and Business Research predicting inflation will fall below zero in the summer. Asda’s income tracker has forecast that...
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Co-op talks to OFT over Lothian deal
The OFT launched a consultation this week into whether The Co-operative Group's merger with Lothian Borders & Angus Co-op would reduce competition - in a move that could force the society to sell off yet more stores. The OFT said it would...
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Queensbury rejects Tesco store proposal
Leading wholesaler Steve Parfett has claimed a victory for people power after Tesco was refused planning permission for a store in Queensbury, Bradford. The Parfett's Cash & Carry MD campaigned with local shop owners in the area who were...
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Tesco acts on impulse to up discount range
Tesco is widening its discounter range into impulse products such as waters, smoothies and crisps in the new year, in the first major extension of the tertiary branded range. The 200 new products will hit shelves in January, five months...
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NewsGrocer 33: Waitrose turns up the goodwill
At this time of goodwill to all men, it seems only fitting that this year's final top store award has been won primarily for great service.
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NewsGrocer 33: Morrisons has the last word on price
Morrisons has won the final pricing contest of 2008, making it two weeks in a row at the top. Asda was firmly shunted into second place by Morrisons' £53.09 basket, which was a full £1.87 cheaper than the usual champion of cheap's £54.96 offering...
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NewsGrocer 33: End of year review - downturn makes price fight fiercer
Asda remains the retailer with the lowest prices but is having to work harder than ever to retain its pricing crown. The big four have responded aggressively to the economic downturn, with Tesco launching its discount brands...
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Waitrose opts for targeted cuts over VAT price move
Waitrose has not passed on last month’s VAT cut to customers but said it has instead invested the savings in price cuts across a smaller number of items.
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Discounters more expensive than big four supermarkets
The discounters are more expensive than all of the big four supermarkets, according to exclusive research carried out for The Grocer, with Asda the cheapest and Aldi charging the highest prices.
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Somerfield reports turnaround
Somerfield has unveiled a massive turnaround in sales and debt as it prepares to be swallowed by the Co-operative Group.
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Editor's Comment: If quality was the real battleground, Aldi would have rebranded as Trader Joe
The rise of the discounters this year has been nothing short of extraordinary. At 3.1% Aldi's market share is now close to that of Waitrose (3.6%). To some extent, the discounters have been filling up the space left by Kwik Save's demise,...
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Tesco stores stock Purple Jewel potato
Tesco has ramped up it exotic produce offer with two new vegetables - one of which is a purple potato.The Purple Jewel sweet potato, which is described as having a creamy and nutty taste, hits shelves this week and will be joined by Inca...
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Cheesemaker sues over 'soapy taste' ingredient
An Irish cheese manufacturer that supplies Tesco and Asda among others, has claimed it is facing losses of more than €10m because of an allegedly defective ingredient that gave its product "a soapy aftertaste and an off-flavour".Carbery, of...
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Buffin steps up within Groupe Aeroplan
Groupe Aeroplan, the company behind the Nectar reward scheme used by Sainsbury's, has appointed Tony Buffin to the new role of executive vice president and managing director. Buffin will be responsible for business units managed out of the group’s...
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Tesco Town Inverness to get its fourth Tesco
Asda has been left fuming after Tesco was given the go-ahead for a fourth store in the original Tesco Town of Inverness, while Asda has been unable to get plans for even a single store past planning officials.Despite the Highland council...
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Asda cuts payment times to 20 days to support its suppliers
Small suppliers have reported thawing relations with the big four, as it emerged this week Asda has cut payment times to as little as 20 days.One supplier, whose payment time was cut, said the improvement in terms was a "massively welcome"...
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Cable & Wireless connects Morrisons
Morrisons has signed a multi-million pound deal with Cable & Wireless to install a new telecoms and internet service across its 430 sites.The deal - believed to be worth more than £10m - will connect Morrisons sites including stores, petrol...
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BP convenience queen to join Asda in new year
Convenience store expert Karen Hubbard has been appointed operations director at Asda, responsible for overseeing the retailer's smaller stores.Hubbard left BP last month after almost five years as UK convenience retail director running all...
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Tchibo cancels supermarket concessions
Coffee-to-clothing retailer Tchibo is to scrap its concessions in Sainsbury's and Somerfield. The German chain has around 100 concessions in the supermarkets, but said it would end its association with Sainsbury's and Somerfield by the end of 2009...
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NewsGrocer 33: Morrisons is Christmas champion
Morrisons has proved victorious in the Christmas G33 survey, knocking Asda off last year’s top spot and proving to be the cheapest retailer for festive goods, reports Joanne Grew