more supermarket news & analysis – Page 877
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Bolland puts focus on Market Street
Morrisons is likely to prioritise a revamp of its Market Street format rather than the immediate replacement of its distinctive black and yellow fascia when chief executive Marc Bolland unveils its new look later this month.It is...
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Sainsbury's Carter takes helm at ECR
Diane Carter, Sainsbury's zone managing director for the east is to become ECR UK's new retail co-chair with immediate effect.Her remit at ECR UK, the retailer and manufacturer-led initiative managed by IGD, will be to drive...
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Tesco top for community spirit - Q&A and Availability
The relationship between Manchester's Burnage branch of Tesco and its local residents has been a regular source of controversy for local papers, but its family values have helped it win this week's Top Store award. The 55,000 sq ft store opened in...
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Ken must say no to Tesco Purley
Sir; I was horrified to read Tesco is planning to include open space as a sweetener to Ken Livingstone in its application for planning permission to increase the size of its Purley store (The Grocer, 7 April, p6). This conjures up pictures of an...
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Opinion - "Why is Sainsbury's under pressure to return money to its shareholders while Tesco's appear happy?"
Not bad, the Tesco results, were they? A quick back-of-an-envelope calculation tells me that Tesco's £2.55bn profits in 2006 were almost 10 times the £267m reported by Sainsbury's last year. In fact, at £520m, the increase in Tesco's profits on 2006...
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Retailers say... Fair trade: what's that?
Chris Pollard Barlby Village Stores Yorkshire?I think customers probably don't understand what fair trade is or the different marks that are around today, and I'm not sure they are that interested. We have been in this...
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New Zealand plans lamb super co-op
New Zealand lamb producers are considering forming a 'super co-op' to drive up prices in the $2.2bn per year export market.Agriculture minister Jim Anderton said the government would help the industry get round anti-monopoly legislation....
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Organic sales boost puts heat on growers
Organic vegetable growers say they are struggling to keep up with surging demand since Tesco started selling organic alongside conventional produce.Sales have soared since Tesco integrated its organic and conventional produce fixtures,...
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Tesco local milk range sparks supplier rows
A row has broken out within Dairy Farmers of Britain over which farmers will get contracts to supply milk for Tesco's new regional range.Some 150 contracts for the Localchoice milk are on offer, each worth 23ppl to farmers paid less than...
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Here's the brand new Kwik Save
Kwik Save is to shed its soft discounter image and adopt a new high street convenience-focused format - a move that could take it into direct competition with former owner Somerfield.Speaking exclusively to The Grocer, Kwik Save chief...
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Relaunched site is badly furnished
Tesco Direct is suffering serious availability problems, with nearly a quarter of its furniture out of stock just one month after the service was relaunched with thousands more products.The supermarket's full non-food home delivery...
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US venture 'on course' as start-up costs treble
Tesco insists it is on track to launch its US venture later this year - even though estimated start-up costs have trebled and progress has been dogged by planning delays.Tesco is to begin recruiting and training for its Fresh & Easy...
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Green label warerupts
Another labelling war looks a step closer after Tesco signalled it would not be adopting the Carbon Trust's new carbon footprint labelling scheme as it stands.As the Trust's label appeared on Walkers cheese and onion crisps for the first...
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Price Survey - 21st April 2007
Asda's low-priced fresh fruit has helped the store become the cheapest retailer for the tenth consecutive week. The £52.95 basket contained pears that were 28p cheaper than its nearest rivals - Sainsbury's and Tesco - and bananas that were 15p less...
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Polish foods boost sales
Britain's appetite for Polish food is driving supermarket sales.Tesco said its sales of Polish foods had increased tenfold since they were introduced five months ago thanks to the influx of migrants following EU...
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Tesco makes bumper profit
Profits at Tesco were up 13.2% to £2.55bn, on group sales up 10.9% to £46.6 billion, it announced today. Group trading profits, which do not include property and exceptional items, were up 11.1% to £2.48bn: a profit margin of 5.3%. In the...
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Opinion - "The dark horse in all this is Robert Tchenguiz. Will be bring about his op-cos and prop-cos?"
Though it went closer to the wire than I thought, I always felt the Sainsbury's consortium bid was a non-starter. It would take, say, a £150m price-cutting programme by Tesco to derail Sainsbury's profits, which are only just starting to recover. On...
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Asda to score its suppliers and rope in shoppers in drive to reduce packaging
Suppliers to Asda are to be issued with a new 'packaging scorecard' this year as part of its bid to cut waste.The scheme, to be implemented imminently, is being imported from across the Atlantic, where it was rolled out by Asda parent...
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PayPoint gets phone loyalty scheme that Sainsbury's lost
A mobile phone-based loyalty scheme set for a nationwide launch in c-stores this summer was the subject of an aborted trial with Sainsbury's that started as long ago as 2005.Plans to roll out the Shop Scan Save loyalty scheme to PayPoint...
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Sharper Co-op Group tactics deliver 'tremendous' uplift
The Co-operative Group this week hailed a "tremendous" turnaround of its food operations, as it reported strong annual sales and its fifth successive quarter of like-for-like growth.Guy McCracken, CEO of Food Retail for the Co-operative...