more supermarket news & analysis – Page 998
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Own label hits shelves faster with web specs
Tesco and Asda are relaunching their online technical information sites to get new products to market faster.The new Tesco due diligence information system developed by software supplier Ramesys will allow suppliers to validate their own...
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Cottle takes on key role
Sainsbury has promoted Finn Cottle from head of dairy trading to head of fresh foods product development, as it fights for market share in the key convenience category.Her role includes responsibility for Sainsbury’s regional foods offer and...
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Tesco set for 75% FGP target
Tesco plans to increase its volumes through factory gate pricing from 66% to 75% within the next 12 months.Supply chain director Stuart Ross told suppliers at the IGD Supply Chain Transformation conference that he expected 15 million cases per...
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JLP unveils credit card
The John Lewis Partnership has launched a credit card for John Lewis and Waitrose. The HSBC-backed card offers six months interest-free credit on balance transfers and rewards of up to 1% of spend issued as vouchers. JLP card director Caspar...
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First Safeways go to Waitrose
Tesco and Sainsbury are frontrunners in the race to pick up the remaining Safeway stores that Morrisons must sell to satisfy regulators.Waitrose this week picked up 14 stores from the disposal list plus four other Safeway stores and a Morrisons...
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Somerfield earmarks 40 stores for conversion
Somerfield has selected 40 stores to convert to its new Essentials and Market Fresh formats in the next financial year as it steps up its refurbishment programme.Sales uplifts from trial stores at Carshalton and Wanstead (Market Fresh),...
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ESL trial for OS&G Co-op
Oxford, Swindon & Gloucester Co-op is planning to trial electronic shelf edge labels from Fujitsu at its Swift Shop in Walton Street, Oxford, during the summer.Group general manager retail Bill Laird said he was planning a trip to Australia to...
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Is there any future for independents?
Last week yet another independent bit the dust with Somerfield’s acquisition of Aberness, which owns or distributes to some 170 c-stores in Scotland under the Mace fascia.Signalling the first aggressive move by one of the smaller...
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Sainsbury sells Shaw’s in the US
Sainsbury has sold its US business, Shaw's Supermarkets, to rival grocer Albertson's for $2.5bn.Following completion of the sale, Sainsbury said it intended to return 35p per share toshareholders – about £680m.Sainsbury group...
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Thresher appoints new CEO
Independent drinks retailer, Thresher, has appointed Roger Whiteside as its new chief executive.Whiteside helped set up and lead Ocado, the online grocery service supplied by Waitrose, as well as heading up Marks and Spencer’s food business....
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Safeway names new CFO
US grocer Safeway has appointed Robert Edwards as its new executive vice president and chief financial officer. Edwards will oversee the company's finance, investor relations, information technology, real estate and legal functions....
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Goldman Sachs buys into Ocado
Goldman Sachs the US investment bank has bought a 4% stake in Ocado, the online grocery business of Waitrose. The US company is believed to have paid £12.5m for the stake in Ocado which is now valued at £312m.Ocado services 145,000...
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Fruit set a new record
The first English glasshouse strawberries are set to hit supermarket shelves two weeks earlier than normal.The first token pickings were delivered to Sainsbury this week by the Summerfruit Company, a venture between Redbridge AFI and Worldwide...
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Durose is Tesco’s new director of produce
Tesco has appointed Peter Durose category director for produce in the wake of senior management changes announced last week.He replaces Steve Murrells who was promoted to chief executive officer of T& S Stores, the convenience store chain Tesco...
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Somerfield taps expertise
Somerfield revealed the extent of its convenience retailing ambitions when it swallowed Scottish Mace chain Aberness this week.Aberness’s new md, David Cheyne, said Somerfield saw huge potential in the convenience sector as did Tesco and...
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There’s rapid change ahead
Somerfield will move ahead quickly to introduce changes following its acquisition of Aberness, with plans to convert two trial stores (the Countesswells Road and Kintore stores – both about 2,000sq ft) to the Somerfield ‘Essentials’ brand within six...
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Waitrose catches the up swing
Waitrose has been quick to react to Wandsworth’s rise up the demographic ladder, with the opening of its 144th store.Until recently the postcode SW18 would not have drawn one of Britain’s most upmarket grocers to even pay a visit, let alone...
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Strength In Numbers
Some industry commentators have predicted that Britain's co-op share of the dairy market will be heading for 70% in the next 10 years. Though still lagging behind their rivals on the continent, in New Zealand and even in Northern Ireland Â...
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Rocket kits have lift-off
Gourmet meal kit company Rocket has announced a big expansion, including supply deals with Somerfield and the Co-operative Group.The Unilever Ventures backed company has also signed up with c-store chain Whistlestop and Wine Cellar, and is...
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Shoppers win as Morrisons cuts prices
Morrisons made a raft of price cuts at newly acquired Safeway within days of its £3bn takeover of the chain on March 8.The Grocer 33 survey this week shows that 13.6% was slashed from the total price of 14 items on the list at Safeway in...