more supermarket news & analysis – Page 989
-
News
Tesco moves into China
Tesco has announced today that it has signed a JV agreement for the Hymall chain stores in China.The 50:50 agreement is between Tesco and Ting Hsin, for its wholly owned subsidiary of Ting Cao, which owns the Hymall stores. Tesco will acquire...
-
News
Morrisons is failing to communicate
Name and address withheldSir; As a shopper and somebody who works in the industry, Morrisons does not appear to me to be keeping Safeway staff or their customers in the picture as to what is happening as stores are refurbished.In...
-
News
Co-op household now cruelty-free
The Co-operative Group has become the first retailer to be awarded the British Union for the Abolition of Vivisection’s new cruelty-free standard for its own label household products.The group’s cosmetics and toiletry products already carry the...
-
News
Sir Peter...and other problems
Sainsbury chief executive Justin King is expected to face tough questioning from shareholders at Monday’s agm, demanding to know how he plans to revive the flagging company.King has already stated he is carrying out a review of the business and...
-
News
asda’s in town
Asda opened the doors of its first town centre-located supercentre on Thursday, bringing its supercentre tally to 13. The chain invested £9.5m in refurbishing the former Sainsbury Savacentre site at the Eastgate Centre in Basildon, Essex, purchased...
-
News
Franchise move by Co-op
The Co-operative Group is searching for a senior industry figure to head up a major franchise operation.The possibility of the society becoming a major player in franchising was first raised in an interview with The Grocer in March, in which...
-
News
The great EDLP paradox
How does Asda’s EDLP policy impact on shopper purchasing behaviour? Ed Garner discovers surprising trendsSince Asda has once again emerged triumphant in The Grocer 33’s review of the year as Britain’s cheapest supermarket (June 22,...
-
News
So, Sir Ken, are you enjoying the change?
Those at the sharp end deliver their verdict to Elaine WatsonSir Ken Morrison’s post-acquisition honeymoon period came to an abrupt end last week as attempts to arrest Safeway’s plummeting sales forced the Bradford-based retailer to...
-
News
Talas goes to Thierry’s
Lindsay Talas, Tesco’s product development manager for beers, wines & spirits, is to join Romsey-based wine agency Thierry’s as deputy buying director.Talas will be charged with boosting sales of brands such as French Kiss and Hanging Rock...
-
News
More price cuts at Tesco
Tesco plans to make healthy food more affordable and will cut £50m off prices next week.This will be the third price cut it has announced this year, meaning its prices will have been reduced nearly £200m since Christmas.Marketing...
-
News
Supermarket alcohol may be too cheap
The government has been called to clamp down on supermarkets that sell cut-price alcohol in an effort to reduce binge drinking.The Federation of Licensed Victuallers Associations told MPs yesterday that supermarket alcohol sales should be...
-
News
Grocer 33 inspires Asda to cut prices
Asda has announced it is to cut prices from today for the next quarter of the year to mark seven years of winning the Grocer 33. The supermarket retailer plans to cut prices on a wide range of products, which will then allow at least £53m to...
-
News
What a result!
The Co-operative Group is on top of the grocery industry this week after a team from its head office emerged victorious in the first national five-a-side football competition in aid of the industry’s welfare charity,...
-
News
Sainsbury spotlights paw paws
Exotic fruit is coming under the spotlight in Sainsbury stores in a bid to expand consumer knowledge beyond mangoes.
The retailer recently conducted a ‘try me free’ promotion on paw paw fruit which saw sales soar 300% during April and… -
News
City applause for Hampton at JS
The City has welcomed the appointment of Philip Hampton, group finance director of Lloyds TSB Group, as the new chairman of Sainsbury.Hampton has a reputation for pushing through radical restructure and change which one analyst said was exactly...
-
News
Less is more at M&S food
Less is more will be the new mantra at Marks and Spencer’s food division as a scattergun approach to new product development is replaced with more targeted innovation, suppliers have been told.The strategy was unveiled as food suppliers were...
-
News
Essential adjustment...
Somerfield is developing a new c-store format for independent retailers in Scotland that want a stronger chilled offer without investing in the full Somerfield Essentials franchise package.The move follows Somerfield’s acquisition of wholesaler...
-
News
...and more tailored ranging in store
Somerfield is rolling out a new product allocation system that will help it develop more tailored ranges in stores.Speaking as the group published its full-year results, executive chairman John von Spreckelsen said the system would enable...
-
News
Analysts doubt sell-off wisdom
Morrisons could raise anything between £250m and £600m from the sale of Safeway’s small store estate, depending on the proportion that are freehold and leasehold, analysts estimate.Morrisons sent out information packs on 120 of Safeway’s 138...
-
News
Pushing north is a no-brainer
The north-south debate is an irrelevance to Waitrose as MD Steven Esom tells Elaine WatsonQuote unquoteEven when Waitrose is asking you for money, it asks you nicely, say the chain’s suppliers. It’s a cliché, but Waitrose is a...