more supermarket news & analysis – Page 957
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Stake-building rumours lift M&S shares
Shares in Marks and Spencer continued to rise yesterday as rumours mounted that an Icelandic group was building a 3% stake in the retailer.Shares in M&S rose 5p to finish at 351.75p, with 23.8 million shares changing hands during...
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Cheesewright to return to Asda from Canada
Andy Bond has called for the return of his former logistics director David Cheesewright one year after he departed to become Wal-Mart Canada’s chief operating officer.Asda has not confirmed which role Cheesewright will take up, but spokesman...
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Breaking up is hard to do
The New Economics Foundation has proposed curbing Tesco with a break up. Outrageous? Or viable? Rachel Barnes reportsThis week the New Economics Foundation – the independent think-tank that promotes “real economic wellbeing” –...
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Testing times for Tesco
What are the implications of Tesco demanding accreditation for all spice suppliers for own label products, right back to first processing? Siân Harrington reportsJalapeno peppers may be hot but they have nothing on the heat emanating...
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Asda boosts organic and local
Organic and locally produced fruit and vegetables are to be at the heart of Asda’s plans for its fresh produce aisle.The retailer will increase the number of lines from 25 to 39 in July and 44 in September. Catherine Fay, marketing manager...
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Tesco is ‘beef’s best customer’
Tesco’s commitment to British beef is great news for the UK’s livestock farmers, according to John Dracup, producers’ club manager at St Merryn Foods.Dracup, speaking at Beef Expo 2005 in Wales this week, said: “I am convinced that St Merryn...
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Availability: who’s best
SUPERMARKET AVAILABILITY: June 2004 to June 2005 – quarter by quarterWhen it comes to getting product on shelf, it seems that nobody does it better than Morrisons. Having scooped the award for best availability for the past two years,...
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Spice limit rethink
Tesco has signed up 50 spice ingredient companies to its list of provisional suppliers, one week after the deadline for applications passed.The creation of the list, an accredited roster from which its suppliers are obligated to choose spice...
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Discontent rife at depots
The supermarket distribution network is heading for turmoil following a series of rows over increased pressures on workers.Scanning technology, introduced at Tesco’s Thurrock depot and now being used by Sainsbury, sparked outrage this week at...
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Asda is still the champion
Ronan HegartyIt’s official: Asda has emerged as the UK’s cheapest supermarket for an amazing eighth year in a row. The result means that Asda has won the award every year since we launched The Grocer 33 shopping survey in 1997.It met some...
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Franchising put on hold
Somerfield has said that plans to grow its franchise operation have been put on hold. There are currently five independent Somerfield Essentials franchise holders and seven TM Retail stores trading under the name. A further 23 c-stores...
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Wal-Mart eyes Republic
Wal-Mart already has its eyes on a move into the Irish Republic following Asda’s acquisition of 12 Safeways from Morrisons in Northern Ireland this week.Speaking to The Grocer before the annual shareholders’ convention in Bentonville,...
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Sainsbury rolls out TV into Jacksons stores
Sainsbury is rolling out an in-store TV network into a further 60 Jacksons stores this month, a year after the convenience retailer piloted the media channel. The move brings the number of Jacksons stores with screens to 100. Sales increases of...
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Imports offer wider choice
Beer drinkers will have a wider choice this summer, with the launch of two imported brews.Weissbier Etalon will be available in Tesco after the beer won the Best New Imported Beer category in the chain’s Brewing Awards in 2004. Steve Holt,...
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M&S enters Russian market
Marks and Spencer will open its first store in Russia in the Autumn.The retailer said that it would be opening a store in Moscow with its franchise partner FIBA.The store will predominantly sell clothes but more products from the M&S...
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Slazenger enters fray
Sports brand Slazenger is moving into grocery with the launch of energy snacks and drinks in Waitrose from July.The range, comprising sports hydration drinks in Spring water, Citrus Red and Orange & Passionfruit variants and strawberry...
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Sainsbury contracts out distribution centre
Sainsbury has handed over the management of operations at its south-east London distribution centre to logistics company Exel.Exel won the contract to manage operations at the centre in Charlton, and will aim to increase efficiency and the...
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Asda buys Safeway Northern Ireland stores
Asda has acquired 12 Safeway stores in Northern Ireland from Morrisons, as predicted in this week’s Grocer.The agreement, announced this morning, will see Asda acquire 12 Safeway stores for £73.6m in cash plus the value of fuel stocks at the...