more supermarket news & analysis – Page 935
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Sad loss of a supermarket pioneer
from Dale Morgan, WatfordSir; My father Reg Morgan died on January 3 at the age of 81 years. Reg was a pioneer of supermarkets in the 1950s and 1960s, first with Express Dairies and Premier Supermarkets but perhaps more famously as...
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Christmas wins for chains
Tesco is expected to defy its rivals next week with another set of strong figures over a festive period in which most of the multiples did well.Shoppers shelled out £2.8bn in supermarkets in the week before Christmas, up 13% on the previous...
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Student flats first
Tesco is planning the UK’s biggest mixed-use development with a 100,000 sq ft store and 1,600 flats on a brownfield site in Glasgow.The development is set to be Tesco’s first large scheme to offer student housing, with a 1,300-bed accommodation...
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Strike threat in 2006
Officials at the GMB union claim Tesco’s domination of the market has forced other retailers into cost savings that will affect working conditions.And Paul Kenny, acting general secretary of the GMB, added: “The reason we are seeing so much...
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Tesco in throes of planning row
Tesco is embroiled in a massive greenfield planning row just days after Sir Terry Leahy said it did not build on undeveloped sites.The Grocer has learned that Tesco is pushing through at least three proposals on such sites. Yet, in an...
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Three rise at Morrisons
Morrisons has appointed Andrew Pleasance as grocery director responsible for household, health and beauty, and ambient grocery.Morrisons said Pleasance had a profound understanding of trading. Pleasance was most recently home and leisure...
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TESCO TIPPED TO CLEAN UP
No retailer arguably stands to gain more from the repeal of the groceries order than Tesco. The market is waiting with bated breath to see what will happenAnyone who is familiar with Tesco’s progress in the UK will be aware that the...
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Former Asda chief to head Somerfield
Steve Back is to be replaced as chief executive of Somerfield by former Asda chief Paul Mason on March 6.Back has resigned with immediate effect and John Lovering, Somerfield chairman, has assumed the role of executive chairman until Mason...
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Caution despite strong M&S sales
Shares in Marks and Spencer fell 9.75p to close at 492.25p yesterday after investors reacted with caution to a solid set of third quarter sales figures.Despite M&S revealing a 4.8% increase in UK sales and a 7.9% increase in food sales for...
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Morrisons to close two depots
Morrisons is closing two of its distribution centres with the loss of 1,600 jobs.The closure of the depots, which are situated in Kent and Bristol, follows a strategic review of Morrisons’ distribution network.Later this week...
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Tesco looks to China
Tesco is interested in expanding its presence in China but has no current plans to enter the US market, chief executive Sir Terry Leahy has revealed.Tesco already operates 50 stores in China, mostly in the Shanghai region, in partnership...
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Nisa bars multiple members
Nisa-Today’s has barred major multiple retailers from membership in a bid to refocus on its independent roots.The move means that Sainsbury, which gained shares in Nisa-Today’s after it bought Jacksons and Bells in 2004, will be forced to sever...
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JS c-stores switch on TVs
Sainsbury is to roll out its in-store TV network to its entire convenience estate this year, taking it into the Local fascia for the first time this month.The scheme, claimed by operator Firebrand Media to deliver a 20% average uplift in sales...
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Global stage for major ambitions
The chiefs of four international giants outline their priorities and plans for growing sales in an ever tougher international climateSir Terry Leahy>>chief executive, TescoThe industry has been through an uncertain...
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Lean, meanmachine
The Red Meat Industry Forum has published a whole chain analysis project undertaken by Asda, its beef supplier Dawn Meats and producer Wold Farm.The companies studied ways of reducing waste in the chain using beef brisket joints. Measures...
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Star order: Asda
Excellent use of substitutionsWith online shopping now more popular and accessible than ever, Christmas 2005 was the biggest test to date to see whether the retailers have got their houses in order. Our most recent survey suggests...
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Former Asda man becomes top banker
Former Asda director Andy Hornby has become the youngest ever boss of a major high street bank.Hornby, 38, has been appointed chief executive at HBOS. He joined Asda in 1996 as corporate director working under Archie Norman. He later became...
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Co-op to close pension scheme
The Co-operative Group could face strike action after its decision to close its final salary pension scheme to existing workers.The group wants employees to join a career average scheme based on earnings throughout the career which could...
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Tesco launches own-label cholesterol range
Tesco is launching an own-label cholesterol-lowering range next month.The range will aim to offer a cheaper alternative to rival established cholesterol-lowering brands made by companies such as Unilever, Danone and Coca-Cola.It is...