Stores news – Page 14
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NewsSupermarket bosses call for 20% business rates cut in letter to Rachel Reeves
Retail needs a business rates cut to ‘stem the tide’ of shop closures, says the BRC
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NewsHovis set to take on Kingsmill 50/50 with ‘White N’ Fibre’ loaf
The baker has applied to register the name as a trademark with the IPO
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NewsCo-op property director Heather Thomas takes on additional sustainability role
Heather Thomas has become group property and sustainability director, having been tasked with overseeing the goal to achieve net zero from its own operations by 2035
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NewsHeck sausage rashers a hit with shoppers as product gains further listings
The products have now been brought under the core Heck brand, after initially targeting younger shoppers
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NewsNew light shed on Lidl’s store opening slowdown by parent’s €1bn interest costs
Accounts for Lidl Stiftung & Co KG have revealed interest expenses of €1.025bn in the 12 months to 29 February 2024, up from €462m the previous year
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NewsFilco scraps refill stations after finding them ‘waste of time and money’
Director Matthew Hunt told The Grocer he had dedicated six metres of room to position the stations in each store, with installation costing around £10,000
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NewsPoundland must ‘rethink its range strategy’ after latest trading update
Owner Pepco said Poundland trading had largely followed the trend of previous updates, in which it posted a drop in like-for-like sales
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NewsCity snapshot: Morrisons agrees £331m property deal on 76 supermarkets
Morrisons has signed a £331m deal to release value from its portfolio of stores as the supermarket continues with a turnaround attempt under new CEO Rami Baitieh. Plus, Asda launches new sustainability-linked enhancement to its supply chain finance scheme, trading updates from Poundland owner Pepco and Diageo, and interims from Adnams
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NewsNew M&S campaign for Tom Kerridge’s first retailer range collaboration
The ‘M&S Gastropub x Tom Kerridge’ range will be in stores and on Ocado.com from 24 September
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NewsVegan grocer Kindly kicks off ‘new era’ for sustainable stores with expansion plans
Founder Shiv Misra aims to open five new Kindly stores over the next five years
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NewsWaitrose adds new range of wagyu beef
The move comes amid growing demand for the high-welfare beef type in the UK, which originated in Japan
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NewsLeading investment advisor warns over new Aldi and Lidl stores
Rob Abraham of Atrato Group, investment advisors to Supermarket Income REIT, said the discounters were reaching the ‘late phases’ of their own ‘space race’ in the UK
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NewsRichmond launches Extra Tasty Range with two sausage products
The products will launch exclusively across Tesco stores nationwide from 23 September
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NewsCity snapshot: PZ Cussons profits plunge amid currency devaluation in Nigeria
PZ Cussons has moved a step closer to selling off its troubled African business as the personal care group reveals sales and profits in the past year plummeted. Plus, the latest UK inflation and supermarket growth data, and full-year results from Supermarket Income REIT
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NewsLincolnshire Co-op invests £2m into more solar panels
The latest rollout is anticipated to produce an additional 1.8 million kWh a year, which would reduce its indirect CO2 emissions by 10%
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NewsPorky Whites comeback gathers pace with new sausage listings
The Surrey-based supplier has secured butcher counter listings for three lines in Morrisons and will launch two new products into Tesco later this month
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NewsAunt Bessie’s expands meat joint range with three-strong lineup
The frozen NPD hits Tesco this week, followed by other retailers next month
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NewsC-store retailers pump £1bn into businesses for first time
Retailers have spent 54.8% more on their stores in 2024 compared with the previous year, up from £646m
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NewsAldi willing to invest in planning process at local authorities as it races to open new stores
The discounter is racing to open 23 stores by the end of the year
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NewsBeer caves boosting alcohol sales for Parfetts Go Local retailers
The beer cave concept – a chilled room housing beer, cider, wine, and RTDs – has been rolled out in 20 Go Local symbol stores so far