more supermarket news & analysis – Page 854
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Burglar goes to sleep on the job
Peterlee Magistrates Court has heard that 31-year-old Dean William Stronach fell asleep during the burglary of a Somerfield, according to the Sunderland Echo.Stronach, who denies a trespassing with intent to steal, is alleged to have...
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Commission: Tesco sale has not set a precedent
The Competition Commission has said the forced sell-off of a Tesco-owned supermarket this week did not make it more likely that the groceries inquiry would result in a large-scale divestment of stores.On Wednesday, the commission ruled...
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Northern Foods acquires Ethnic Cuisine
Northern Foods has acquired oriental foods manufacturer Ethnic Cuisine for an undisclosed sum.Ethnic Cuisine supplies chilled ready meals and snacks to Sainsbury's and Brakes, and at 31 March 2007 had gross assets of £13.9m and revenue of...
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M&S in India talks
Marks & Spencer is reportedly in talks with several companies in India about setting up a joint venture in the country.The retailer already has 12 stores in India as part of a franchise agreement with Planet Retail Group but a separate joint...
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My Alternative CV - Helen Bridgett, head of sales and marketing, The Co-operative Group
What's your nickname? Alas, I don't have one. Who was your first teenage crush and why? Although this ages me - it was Donny Osmond and I think he is still gorgeous! When was the first time you got drunk? I started on the good stuff and I ...
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Glum to glamorous at Asda - Q&A and Availability
Asda has transformed the former run-down Co-op store in Wythenshawe, Greater Manchester, into a modern and stylish branch and won our Top Store award just three months after opening. Any change on this scale is bound to cause a stir among local...
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Food and fashion: a mismatch for M&S?
Stuart Rose has worked wonders turning around Marks & Spencer and last week unveiled ambitious international expansion plans, but, according to some analysts, the retailer still has work to do on its offer closer to home. Since he arrived...
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Tesco Values
Anyone who walks into a Tesco in Shanghai will be confronted by huge Tesco Value range posters. Tesco believes it can build brand awareness through own label and offer safety assurances. Over the past year it has ramped up its offer, which is...
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Bond: inquiry findings show we have fewest monopolies
Asda says it is "perversely pleased" with the Competition Commission's provisional findings that show it has the lowest number of local monopolies of the big four.Speaking at Asda's annual business update, chief executive Andy Bond said...
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We're positioning ourselves 'as the Easyjet of retailing'
Asda chief Andy Bond has admitted the retailer could do with an image overhaul to reflect a recent shift in its customer profile.The chain has attracted 5% more AB shoppers over the past two years as wealthier consumers have become...
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Asda credit card used as loyalty tool
Asda is hoping to emulate the success of Tesco's Clubcard by using the data from its credit card to generate targeted direct marketing.Since the Asda credit card was launched in 2004, it has only been used to reward customers with a...
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Tesco welfare focus on dedicated farms
Tesco has completed its much-hyped switch to dedicated dairy farms to cover fresh milk requirements, and is now planning to improve animal welfare.
The final piece in the jigsaw was the recruitment of farmers in the West Country by key… -
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Asda backing small suppliers with Welsh produce initiative
Asda is to beef up the presence of Welsh produce in its stores with a swathe of product launches that could be rolled out beyond Wales if successful.The supermarket is holding talks this week with nine possible new Welsh suppliers,...
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'Best is yet to come' as Tesco rolls out Fresh & Easy in US
Tesco may have opened its 11th Fresh & Easy Neighbourhood Market store this week, but "you ain't seen nothing yet", according to the chief designer of the US venture.After last week's grand entry into California, Tesco has opened five...
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Price Survey - 17th November 2007
Sainsbury's was a challenger for the cheapest retailer title this week, but its price cuts were still not enough to stop Asda securing its seventh victory in a row with a £38.74 basket. Tesco and Morrisons have been tussling for the second-cheapest...
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What the papers said - 17th November 2007
Supermarkets sell beer at a lower price than bottled water and risk fuelling the binge-drinking crisis, according to the Telegraph. The paper said that Tesco, Sainsbury's and Asda were selling lager at 22p a can, significantly less per pint than...
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Asda requests festive truce over restrictions
Asda has again attacked plans to restrict alcohol displays in Scottish stores. The retailer has called for a two-week grace period over Christmas and New Year to be added to the legislation tabled by the Scottish parliament as part of a crackdown on...
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Climbing the ladder - Andy Davis
What was your first-ever job? I worked in a butchers while I was at school Give us a quick run-down on your career to date. After I finished college I was a trainee manager at Sainsbury's and then progressed to senior manager of a department. I left...
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Operating profit down at Asda
Asda's third-quarter operating profit has reportedly fallen marginally below the levels of a year ago as the supermarket chain continued to push down prices.Like-for-like growth was in the low-single digits for the three months to 30...
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"CEO Justin King will be rallying the troops this week. But store managers will miss the plasma TVs they almost owned"
Simple journalist that I am I've never quite understood why the Qataris were prepared to pay a 36% premium to the share price for Sainsbury's, and a 32 times multiple on the supermarket's improving but still modest profits of £380m after...