14/05/2008
Sainsbury's has reported a 3.9% increase in full-year like-for-like sales, excluding petrol, as it unveils plans to launch an online non-food offer.
Underlying profit before tax for the 52 weeks to 22 March rose 28.4% to £488m on total retail sales up 5.8% to £19.3bn. Pre-tax profit rose from £477m to £479m during the period.
The supermarket chain said it planned to invest around £30m over the next two years to launch a non-food online offer in the first-half of the 2010 financial year...Read more
14/05/2008
Like-for-like sales, excluding petrol, at Asda rose 6.4% in the three months to 31 March, according to the retailer's US parent company Wal-Mart...
14/05/2008
Waitrose has ditched its seven-year-old tagline 'Quality food, honestly priced' with the new line 'Everyone deserves quality food...
14/05/2008
Tesco has acquired 36 Homever stores in South Korea from the E-Land Group for £958m including existing debt...
13/05/2008
Premier Foods has reported a 6.3% increase in group sales for the 17 weeks to 26 April.
The food manufacturer said it had made good progress in recovering commodity inflation through a number of price increases, boosting sales by 2...
13/05/2008
Northern Foods is to mothball its ready meals factory Fenland Foods in Grantham, Lincolnshire.
The food manufacturer said it had resigned supply of most of the Marks & Spencer product lines produced at the site, which accounted for £45m of its annual sales...