more supermarket news & analysis – Page 963
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New snack sticks its neck out
Asda will next week begin to stock a meat-based snack product that its suppliers believe will create a £20m-a-year sub-category.PMM Foods, established in November, has won exclusive UK rights to market Snakstix, a low-fat poultry protein...
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Co-op deal for Dungannon
Dungannon Meats Group has won a contract to supply additional fresh beef to the Co-operative Group.The deal will create 30 new jobs involved in added-value work in Dungannon’s Northern Ireland factories.Dungannon has now won £55m of new...
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Chains eye MG Rover site
Tesco, Asda and Sainsbury are all eyeing up the MG Rover plant at Longbridge for a new supermarket development, which could end up as a hypermarket megastore.The initial plans for a supermarket are part of a 40-acre science and technology park,...
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Poor food sales as Co-op profits fall
Grocery sales at The Co-operative Group have performed poorly as profit fell by 39% to £74.5m for the year to January 8.Group chief executive Martin Beaumont blamed internal issues as much as increased competition, as like-for-like sales...
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Amazon to run M&S website
Marks and Spencer has signed up online retailer Amazon to run its Internet operation.Stuart Rose chief executive said: “Frankly, we ought to be better at it than we are. We are going to have to invest money in it for more functionality and...
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can tesco grow in non-food sector?
from Dave Tyrer, consultant, GMAP ConsultingSir; Tesco continues to make bold moves with a £2bn+ profit and a strategy to create 25,000 jobs worldwide, with 11,000 in the UK, through an aggressive store expansion programme. But...
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Waitrose works with schools to boost kids’ nutrition
Waitrose is building a substantial diet and nutrition education programme for children.The supermarket chain has now established Waitrose Studios in three of its Food & Home branches. The facilities offer free school workshops using...
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It’s hands off... or is it?
Tesco has granted the independent c-store sector a buyout reprieve – by appearing to rule out more acquisitions.Britain’s biggest retailer, which had previously shaken the industry with a series of acquisitions including 45 Adminstore outlets...
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Baugur joins combined bid to buy out Somerfield chain
Competition officials have revealed the 23 former Safeway stores that Somerfield may be forced to divest.The move came as some City analysts predicted that Somerfield could be broken up if a consortium comprising Icelandic retail group Baugur...
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Nisa picks up BP contract
Nisa-Today’s has picked up the contract to supply the 31 BP stores left without a stocking partner following the fuel giant’s retail split from Safeway.The wholesaler will begin supplying the stores with a range of ambient, frozen and chilled...
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Every little helped
Tesco has become the first UK retailer to break the £2bn profit barrier. But that’s just the start of its ambitions. Simon Mowbray reportsTuesday morning started as we all knew it would: Tesco announced record full-year results,...
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Staking a fashion claim
In four years, Tesco has driven prices down 30%. Clothing chief John Hoerner gives a rare interview to Liz HamsonThe problem that clothing has in Tesco is Tesco – it’s a highly productive business,” says clothing chief executive John...
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Flying the British flag
Colin Smith faces a challenge: to unite the entire supply chain behind the red tractor scheme. Richard Clarke reportsColin Smith is a busy man. The former chief executive of Safeway is now chairman of discount retailer Poundland and...
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A fresh look at convenience
Sainsbury has launched a range of convenience meals designed to appeal to time-pressed consumers who prefer fresh food to ready meals.Products in the Fresh to Cook range comprise raw ingredients – a protein and items of prepared fresh produce –...
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Tesco takes on Dragon
Tesco is trialling a little-known variety of citrus fruit, named by the multiple as Dragon Citrus.The variety is a natural orange/grapefruit cross known by the Chinese as Huyou. It is sourced from the south eastern province of Zhejian.The...
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Jersey spuds star in Jamie Oliver ad
Jersey Royal new potatoes will feature in Sainsbury’s next Jamie Oliver-themed television adverts.Oliver spent three days in Jersey last week filming the two commercials, one of which is understood to show the TV chef in a potato field, while...
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Co-op woos discerning with tighter tomato specs
The Co-operative Group said it plans to offer fewer tomato varieties and tighten the specifications given to suppliers. “Customers are becoming more and more discerning,” said salad buyer Carla Fletcher. “Benchmarking tomatoes from all...
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Rivals fear Tesco may pocket cheese price rises
Retailers have not yet reacted to intense lobbying from dairy farmers and processors to secure retail price increases on cheese to help pay for added milk supply chain costs. One stumbling block is thought to be Tesco, because of the amount of...