more supermarket news & analysis – Page 966
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Defensively optimistic
Siân Harrington asks what the prognosis is for MorrisonsWe only need our existing customers to spend £2 more per basket, says Sir Ken Morrison. But this is easier said than done in an environment where his rivals are fighting tooth...
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Tesco overriders under fire
The head of one of the UK’s largest mushroom packers, Greyfriars, has threatened to launch scathing public attacks on Tesco unless it abandons its policy on overriders.C John Smith said he is planning to use articles in the press to embarrass...
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DFB circles Lincolnshire co-op
Dairy Farmers of Britain is poised to buy milk processor Lincolnshire Co-operative Dairy.DFB issued a short statement on Tuesday, saying: “Dairy Farmers of Britain confirms that it is in exclusive discussions with Lincolnshire Co-operative...
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Smart, fast and in fine voice
Liz Hamson visits Wakefield to see how Asda has revolutionised warehouse management efficiency with a voice-based systemDespite working in temperatures of –25C, colleagues in the freezer at Asda’s chilled distribution centre in...
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Farmers protest at Sainsbury’s HQ today
Farmers and customers protested to Sainsbury this morning, delivering a large mound of non-GM animal feed to the front of its Holborn headquarters.Members of the Fair Price for GM Free Milk Coalition also chained themselves to doors of the...
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Farmers attack OFT supermarket report
The Office of Fair Trading (OFT) has been criticised by the farming industry for its report published yesterday which concluded that supermarkets treat their suppliers fairly.The nine-month study by the OFT found that supermarkets were...
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Morrison’s Ackroyd quits from finance post
Morrisons supermarkets has said its finance director Martin Ackroyd, has quit, following its announcement of a profits warning last Thursday.Morrisons today reported its like-for-like sales for the year ended January 30 were up by 7.1%...
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Kinnerton confectionery sold to investment firm
UK confectionery company, Kinnerton, has been sold to investment firm Zetar for £32m.Kinnerton, which supplies Asda, Co-Op and Tesco, among others, specialises in confectionery and chocolate, particularly those which contain toys and popular...
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Supermarkets and suppliers to get OFT probe
The Office of Fair Trading (OFT) is expected to publish its report shortly on the relationship between supermarkets and their suppliers, after allegations that the code of conduct between the two is often breached.The competition watchdog...
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Supermarket domination is unhealthy
from Bilal Bhatti, Financial Services Group, Deloitte & Touche LLPWar on red tape requires investmentfrom John Bowden, chief executive, WCTASir; As the Tesco Express juggernauts its way into the...
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Cheezly soya alternative to Cheddar
Waitrose is stocking its first soya-based dairy-free alternative to cheese.Most of the multiple’s stores will sell Redwood Company’s White Cheddar-style Cheezly in their cheese fixture (rsp: £1.85 for 190g).The cheese is cholesterol-free...
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M&S food gets hard sell
Marks and Spencer is to start shouting about its food offer, chief executive Stuart Rose said this week.As the company launched its first food-only TV advertisement, Rose said the high-street chain was one of the “hidden secrets” in UK food...
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‘Code should cover middlemen’
Food processors should be just as liable to a code of practice as supermarkets, and suppliers to Sainsbury should help the crisis-hit retailer through its troubles because it is for their own good, according to BRC chief executive Kevin Hawkins. ...
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New hero for Asda
Andy Bond was widely expected to be announced as the new boss of Asda as The Grocer went to press this week, marking the start of a new chapter in the history of the Wal-Mart subsidiary. But analysts warn it will be the most challenging chapter for...
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A champion of the retail sector
Responsible for Asda’s successful move into the non-food format, Tony DeNunzio will be sorely missed at the retailerOne of the most liked and respected figures in grocery retail, Tony DeNunzio leaves Asda having delivered consistent...
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New Sudan 1 alert by Asda
Food watchdogs this week ordered a new Sudan 1 alert totally unconnected with the massive product recall caused by Premier Foods’ contaminated Worcester sauce last month – confirming fears that the crisis may be far from over.As revealed by The...
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Wake up call for province
Tesco has warned suppliers in Northern Ireland that they compete in a global marketplace so must become more efficient as well improve quality.Cliff Kells, commercial manager for Tesco, told suppliers in the province that they were no longer...
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M&S appoints new finance director
Marks & Spencer has appointed Ian Dyson as group finance director to replace Alison Reed, who leaves at the end of April.Dyson joins the company from The Rank Group, where he has been group finance director for five years.Stuart...
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Sainsbury appoints Shapland as chief financial officer
Sainsbury has moved quickly to appoint a new chief financial officer following analysts’ predictions that it would announce an appointment this week, as reported in TheGrocer.co.uk’s email alert this morning.The company has appointed Darren...