more supermarket news & analysis – Page 956
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News
Morrisons appoints three non-execs
After a lengthy and much publicised boardroom battle, troubled supermarket group Morrisons has finally announced the appointment of three new non-executive directors – Nigel Robertson, Brian Flanagan and Susan Murray.Nigel Robertson has held...
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retailers are earning a fair commission
from Steve Lucas, director of sales, Camelot GroupSir; I write in response to your Comment ‘The price of success’ (The Grocer, May 28, p24). You correctly state the National Lottery generates “good footfall”. According to the...
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Fairtrade rice now at Tesco
The first rice to be certified by the Fairtrade Foundation was launched into Tesco this week as consumer demand for a wider variety of fairly traded products continues to rise.Community Foods has launched the basmati rice in 500g packs under...
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Tesco backing One Stop
Tesco is showing its long-term support for the One Stop chain with the conversion of newly acquired stores to the fascia.The most recent shop to take the One Stop name is a former Londis store in the town of Porlock, Somerset.The retail...
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Retailers keen on drive for ID
Independents have broadly welcomed the government’s commitment to drive legislation on ID cards forward.And many shop owners felt the introduction of one national card would get over the problem of the number of different IDs currently used,...
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JS drive lifts availability
Sainsbury has rolled out new in-store processes to ensure improved availability across all of its stores.The Newbury processes – so named as they were first trialled in Newbury – have gone live in every outlet, six weeks ahead of schedule....
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Morrisons under pressure
Investors in Morrisons have called on the retailer’s board not to let short-term problems get in the way of much-needed corporate governance reforms.David Somerlinck, of City investors Pension Investment Research Consultants, said: “There still...
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Tesco rapped for drug offer
Tesco has been rapped by the Medicines and Healthcare products Regulatory Agency for promoting two-for-one offers on painkillers in its stores.The MHRA said it could lead to the unnecessary purchase of medicines and stockpiling. It also...
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Tesco snatches triple Gold
The Grocer News TeamTesco emerged triumphant from The Grocer Gold Awards 2005 after scooping a hat-trick of prizes, including the two most coveted accolades.Britain’s number one retailer was named Grocer of the Year and Britain’s Favourite...
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Switching on to electronics
Cutting-edge consumer electronics is being targeted as a key driver of growth for Asda’s general merchandise business, according to non-food trading director Tony Page.As part of that strategy, Asda has introduced Wal-Mart’s Durabrand range,...
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C-sector: don’t scrap Sunday trading rules
The convenience retail sector is up in arms over calls for Sunday trading rules for large stores to be scrapped.Tesco and Asda both support the proposed relaxation of rules, which could end the limited six-hour Sunday opening times for stores...
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M&S planning online grocery delivery
Marks and Spencer has signalled that it will launch an online grocery delivery service in order to breathe life into its flagging food business.A spokeswoman told The Grocer that it was still too early to say exactly what the service would...
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M&S shares moving fast
Shares in troubled retailer Marks and Spencer are rocketing amid rumours that Icelandic retail specialist Baugur could be building a 3% stake in the company.Reports in the City suggest that an Icelandic group has been building a stake in the...
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Small but perfectly formed?
In April, Asda opened a new store in Dyfed, South Wales. The new 16,000 sq ft Pembroke Dock store is smaller than Asda’s average 50,000 sq ft size store. However, despite its size, Asda has taken a bold move to stock both a food and a non-food...
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Growth tactics? Simple!
Asda president Andy Bond spells out his agenda to Julian HuntAndy Bond is in bullish mood. With sales and market share slipping in recent months, an apparent shift in promotional strategy now under way and difficulties finding new...
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Tesco pulls ahead of the competition
Tesco has snatched the crown away from Asda and become Britain’s Favourite Supermarket – and also won two other accolades in this year’s awards. Siân Harrington reportsIt has been judged The Grocer of the Year for two years running by...
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Debut for fair trade apples
Waitrose claimed a first this week when it began selling fair trade apples. The South African fair trade Granny Smiths are on sale throughout the retailer’s estate, priced at £1.79/bag of six fruit.The apples, described as firm with a “smooth...
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Don’t forget the people
When you buy a business, you’ve got to take the people along with you, argues Steve Crabb, who believes the writing is on the wall for the Morrisons/Safeway marriage of opposites Seasoned observers of the HR scene have been watching...
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Tesco triumphs at Grocer Gold Awards
Tesco swept the board at The Grocer Gold Awards last night – winning the top two prizes and the category award for best consumer initiative.Tesco was named Grocer of the Year and Britain's Favourite Supermarket at the awards dinner, held at...