All news articles – Page 3898
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smirnoff rival
>>A monthly look at the most promising newcomers in key grocery categories. this month: frozen foodn Whyte and Mackay is relaunching Vladivar Vodka in a bid to challenge Diageo’s mighty...
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Morrisons eager for Safeway decision
Morrisons said that its 10.2% interim profit was pegged back by £6.6m of costs relating to its bid for Safeway.Executive chairman Sir Ken Morrison said the referral of its proposed merger by the OFT to the Competition Commission had created...
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Waitrose fresh sales boost
Waitrose has seen interim like-for-like sales rise 5% as the supermarket group focused on its fresh food offer and well-maintained availability. Sales for the six months to July 26 rose 11% to £1.3bn boosted by new branches opened in the...
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Morrisons sales soar
Morrisons has seen interim total like-for-like sales jump 9.6% on the back of increased footfall and customer loyalty.For the period to August 10 pre-tax profit rose 10.2% to £126.2m from £114.5m, while turnover increased by 14.8% to £2.5bn....
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Ahold chairman quits
Ahold has announced that Henny de Ruiter is to resign as chairman of its supervisory board at the next general meeting in October in the wake of investor pressure at the troubled Dutch retailer.Karel Vuursteen will succeed De Ruiter as...
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The Co-op divvies up some Alldays stores
The Co-operative group has sold 75 Alldays stores to other retail co-ops as it looks to refit and rebrand the Alldays chain.Midlands Co-op and Oxford, Swindon & Gloucester have acquired 30 stores each, Colchester and Ipswich Co-ops seven...
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Kroger battles to reduce costs
US grocery chain Kroger said second quarter earnings fell 28% on the back of higher operating costs and fierce competition.Kroger also warned that full-year results would be near the low end of its target or could fall below the...
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Reef gets big
Coors is to introduce a bigger bottle to its alcoholic fruit range Reef.The new Orange & Passionfruit 700ml bottles will be part of a £9.5m spend to boost the brand. Brand director for Reef, Warren Langley, hoped the range would...
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New Nisa-today’s
Nisa-Today’s has opened the largest symbol store in the UK, in Cambuslang, Glasgow.The 36,000 sq ft store is the first in Scotland to trade under the new Nisa Extra fascia.The split-level store is fitted with Nisa Innovation imagery....
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Tesco wants more
Tesco has posted strong first half results with a warning to rivals that its share of the total UK retail market was “just 12.3% – and there is a lot left to go for”.For the six months to August 9 pre-tax profit jumped 17.4% to £628m on...
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Irwin quits ADM Londis
Michael Irwin, chief executive for the past five years of ADM Londis which has the rights to the Londis brand in Ireland, has resigned “to pursue other interests”, according to a statement from the company. Irwin, a former chief accountant...
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Redbridge AFI closure
Redbridge AFI, the specialist division of Redbridge Holdings, has closed its offices and packhouse in the Paddock Wood Distribution Centre.The move was part of the planned merger with Redbridge Produce Marketing and the new organisation will...
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Promos put Stella ahead
Tesco leaps ahead in the fascia chart to take the top spot, closely followed by Sainsbury in second place. Tesco is particularly strong on alcoholic drinks, household and health and beauty and makes good use of bogofs and other multibuy...
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Chinese ready meal brand takes AIM
A new company with plans to market restaurant-quality branded Chinese ready meals to the supermarkets has successfully launched on the Alternative Investment Market (AIM).Readybuy was set up to raise cash to drive forward Manchester-based...
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An alternative energy solution from Wellman
Vitabiotics has launched what it claims is the first energy drink developed solely to meeting men’s nutritional needs. Positioned as a natural alternative to high caffeine energy drinks, Wellman High Performance is available in Sainsbury stores....
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Altú claims a UK first
A new company set up by two former GlaxoSmithKline marketing chiefs is launching what it claims is the UK’s first savoury cereal bar.NutrInnovator, founded by former GSK marketers Fiona Vigar and Stephen Moon at the start of the year, has...
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Heinz raises aspirations
Heinz is giving consumers the chance to win a new home in a £3.5m promotion running across its core canned range.Four new houses are up for grabs in the offer, which kicks off next month and runs until April 2004. Support will come in the...
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Iceland sweats its vital assets
MD Mike Coupe tells Elaine Watson how Iceland’s programme of refits is a vital part of a master plan to drive profitsThis time last year some quarters of the City were writing off Britain’s biggest frozen food retailer as a hopeless...
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Vladivar leads attack
Whyte and Mackay is relaunching Vladivar vodka in a bid to challenge the stranglehold on the market by Diageo’s Smirnoff.The company said the lion’s share of a £50m marketing investment behind its portfolio would be spent on restoring...
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Batleys promotes Roberts on impulse
Assistant buyer Debbie Roberts has been promoted to grocery buyer for impulse at Batleys.Her category responsibilities now cover canned and dried grocery, biscuits, cereals, preserves and ready meals. Roberts reports to buying...