more supermarket news & analysis – Page 996

  • News

    multiples

    2004-04-24T00:00:00Z

    Morrisons proving a hit in the south Morrisons' new Erith store has proved its most successful opening ever and set the tone for a successful year's trading which saw sales up 10.3% to £2,534m. Pretax profits of £174.9m were up 15.5% on the...

  • News

    multiples

    2004-04-24T00:00:00Z

    Supermarkets want direct procurement to become universal model Tortuous' meat supply chain blasted by Tesco Scathing criticism of the beef supply chain in Britain was voiced by Tesco meat category director Steve Murrells at a Bord Bia forum in...

  • News

    Welcome set for the next step

    2004-04-24T00:00:00Z

    The Co-operative Group is finalising plans for a new generation of Welcome stores as the current crop has spearheaded growth in both turnover and profitability of its food business.Unveiling profits up 63% to £113.4m on sales up 17.4% to £3bn...

  • News

    Somerfield tightens grip on convenience

    2004-04-24T00:00:00Z

    The appointment of David Cheyne to the new post of head of convenience business at Somerfield signals the multiple’s stronger focus on the c-sector.Cheyne, who moves from his job as group development director, replaces new business development...

  • News

    Morning Noon & Night makes switch to Filshill

    2004-04-24T00:00:00Z

    Somerfield-owned Aberness lost £17m of business when Scottish convenience chain Morning Noon & Night defected to wholesaler FW Filshill this week.Morning Noon & Night marketing director Stephen Thompson said the deal, which ends a 13-year...

  • News

    Asda/Tesco under fire over organic

    2004-04-24T00:00:00Z

    The Soil Association has slammed Asda and Tesco for not doing enough to promote the UK organic sector and asked the government to intervene.A Soil Association survey found less than a quarter of the organic pork on sale in Asda was from UK...

  • News

    Unions hit out over Sainsbury pay freeze decision

    2004-04-24T00:00:00Z

    Shopworkers’ union Usdaw has joined the Transport and General Workers Union in condemning Sainsbury’s decision to freeze the pay of some of its employees in its latest pay review.The dispute stretches back to June 2003, when Sainsbury offered...

  • News

    FWD gets legal firepower

    2004-04-24T00:00:00Z

    Wholesalers have ramped up their defence of independent retailers with the appointment of top London legal firm Macfarlanes to fight their case against Tesco’s acquisition of Adminstore. The Federation of Wholesale Distributors is asking the...

  • News

    Morrisons fails to fill vacuum

    2004-04-24T00:00:00Z

    With spring officially here, there’s no better time to look at how well the multiples meet consumer demand for household cleaning products.We recorded wide differences between retailers in terms of the variety of products stocked, with 119...

  • News

    When cheap and cheerful is classy

    2004-04-24T00:00:00Z

    Asda in Nottingham checked in the cheapest of our six full baskets for The Grocer 33 shop this week and also provided the best customer experience.The Hyson Green store was described as immaculate and its basket came in at £37 – the cheapest...

  • News

    Troubleshooting at the top

    2004-04-24T00:00:00Z

    Andy ClarkeClarke has been drafted in as managing director of Iceland after spending a period as group retail director at Matalan. Before that he worked at Asda for 10 years where his last post was as retail director.He left Matalan more...

  • News

    Where are they now?

    2004-04-24T00:00:00Z

    Archie NormanFrom 1991 to 1999 Norman led Asda’s successful turnaround, first as chief executive and then as chairman. He recognised the value of management training, which led him to recruit heavily from Mars which was renowned for its...

  • News

    Government funds fuel remploy service

    2004-04-24T00:00:00Z

    from Greig Smith, sector manager, retail & service, Remploy InterworkSir; re ‘Tesco’s vow on disability’ (The Grocer, April 10, p96).Remploy does not have charitable status. The company is a government-funded agency which was...

  • News

    The Asda effect

    2004-04-24T00:00:00Z

    Many who cut their teeth at the university of Asda have graduated to key positions in UK retail. Glynn Davis finds out whyThis week Asda alumni Andy Clarke takes up his role as MD of Iceland. Last month, Justin King took the reins...

  • News

    Tesco holds the winning ticket

    2004-04-24T00:00:00Z

    Luck is with the UK’s top grocer in the lottery for Safeway stores, says Siân HarringtonThe one thing missing from Tesco’s triumphant results announcement this week was any news of Safeway store acquisitions. Considering the UK’s...

  • News

    The profitable paper chase

    2004-04-24T00:00:00Z

    Is Morrisons about to jettison one of grocery’s most effective marketing tools? Robert McLuhan reportsFour years ago Safeway raised eyebrows when it dropped its loyalty card and national advertising in favour of door-to-door...

  • News

    Now Tetley keeps tea on the boil

    2004-04-24T00:00:00Z

    Tetley is brewing up for another onslaught on the buoyant sectors of the hot beverages market with a 12-strong wave of new premium teas and a £5m support package.Trialled in Tesco since August last year, four speciality offerings, two green tea...

  • News

    Scotmid on the acquisition trail

    2004-04-19T00:00:00Z

    Co-operative group Scotmid is to invest £20m to ramp up technology at its grocery outlets and at its health and beauty stores SemiChem.For the year to January 31, Scotmid posted a 32% rise in annual turnover from £223m to £295m.The...

  • News

    Satsuma protection

    2004-04-17T00:00:00Z

    Tesco is launching a campaign to protect supplies of satsumas, threatened by a downturn in world demand.The retailer claimed that because the fruit’s popularity is waning in other countries, growers were switching to more profitable...

  • News

    Co-op staff set to vote on pay offer that tops 10%

    2004-04-17T00:00:00Z

    Staff working in co-operative stores are being advised by their union to accept a 10.4% pay offer. Under the deal, the hourly rate for more than 35,000 employees would rise to £5.The offer has been made by the Co-operative Employers’...