more supermarket news & analysis – Page 950
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Tesco’s market share increases
Tesco’s market share of the grocery sector is continuing to grow, exclusive research for The Grocer has revealed.The research, conducted by ACNielsen, found that the retail giant’s market share increased by 0.7% since May to 30.7%, although...
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M&S criticises textile quota
Marks and Spencer has had to find new factories to manufacture its knitwear since the introduction of the European Union’s textile quotas in June.The quotas were introduced as an emergency response to complaints from Italy, France, Spain and...
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Somerfield should ‘walk away’ from bid
Somerfield shareholders have urged the supermarket group to ‘walk away’ from any bids instead of accepting a cheap offer.Mark Webster from State Street Global Advisors, which owns a 3% stake in Somerfield, said: “It looks unlikely that the...
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Asda grows by 40 stores this year
As Wal-Mart released its second-quarter results this week, it said there would be 40 new Asda stores by the end of the year.Since January, 14 of these stores have already opened and the total will include the 12 former Morrisons stores in...
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It’s a victory, but for whom?
Tesco made a complaint last summer to the Advertising Standards Authority about an advertising campaign being run by its arch-rival. Asda had developed the campaign after grabbing the top accolade in The Grocer 33 pricing survey for the seventh year...
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Directors have hopes of restoring Hilliers
The directors of Asda’s own-label quiche and pie supplier are trying to salvage the business following the fire which destroyed the site, leading to the loss of 350 jobs.The bosses of Hilliers of Plymouth have told employees they are looking...
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Locals fed up with Tesco
Angry residents across the country are turning up the heat on Tesco, with protests reaching fever pitch.The retailer has faced a storm of protests in recent months as campaigners fight against stores opening in their local areas.In...
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The size of its ambitions
Tesco’s huge new Extra in Slough has all local needs totally covered. Liz Hamson reportsAt first glance, Tesco’s new Extra in Slough looks more like a warehouse than a supermarket. The trademark red and blue fascia is the only...
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Custard boosts profit
Booming sales of custard helped boost dairy co-op Milk Link’s operating profits by 73% to £18.5m in the year to April 2.The company said custard production volumes rose 70% and were up 100% at Christmas. Milk Link produces custard in a joint...
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Quiches to fill the gap
Northern Food-owned Holland’s Pies has stepped in to fill a quiche shortage after a fire razed the premises of Asda’s own-label supplier, Hilliers.It is the first range of chilled quiches supplied by Holland’s, which pulled out the stops to...
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Sainsbury acquires nine stores
Sainsbury has acquired nine former Safeway stores from Morrisons.Eight of the stores are located in the south of England and the ninth is in Scotland. They have an estimated gross asset value of approximately £16.8m.Justin King,...
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Supermarkets code is not good enough
from George Dunn, chief executive, Tenant Farmers’ AssociationSir; The compilers of the OFT’s conclusion that the current supermarkets code of practice should remain unchanged are either guilty of unforgivable naiveté or deliberate...
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Cashing in on quality taste
Rod AddyIncreased interest in food quality and origin is boosting sales for Waitrose, enabling it to outperform every food and drink retailer bar Tesco, according to City analysts.The verdict flies in the face of the popular belief that...
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Curley’s hits snag
Northern Irish independent supermarket operator Curley’s will have to wait until 2007 before it can go head to head with Asda from its new Belfast store.Curley’s, which is ranked 17th in The Grocer’s Top 50 list of independent retailers, was...
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Tesco to employ more Poles
Tesco is to up the number of Polish workers it employs in the UK after a successful recruitment drive in February, at the same time as dealing with protests from Polish agency staff in Dublin over pay.A Tesco spokeswoman said the UK recruitment...
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Tesco, Sainsbury to keep selling 35mm cameras
Tesco and Sainsbury will continue to sell film cameras in-store and online, despite the decision of electrical retailer Dixons to phase them out.Dixons revealed this week that sales of digital cameras in its stores were outstripping sales of...
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Fresh angle in war of the ads
Sainsbury and Waitrose are both claiming victory in a row over an ad campaign highlighting the price difference between their fresh produce.Waitrose had slammed the ‘Fresh to Sainsbury’s’ ads, complaining that they did not compare like with...
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Co-op offloads 100 stores
The Co-operative Group is to off-load 100 poorly performing stores as it tidies up its portfolio.Most of the stores being sold are from the former Alldays and Balfour chains, which the co-op bought in October 2002 and July 2003...
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Introducing a unified brand
The Co-operative Group has registered a logo with the UK Patent Office that is believed to be the co-operative movement’s new brand identity, The Grocer can reveal.‘The Co-operative’ logo was recently registered on the trademark database for...
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Good till hunting
Kevin Hunt talks to James Durston about the Tesco challengeKevin Hunt has missed his vocation as a Formula 1 driver, judging by the office cabinet full of racing memorabilia. But as MD of the Lawrence Hunt & Co franchise of Spar...