All news articles – Page 3996
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Philip Green will enter talks with the OFT on Monday about his proposed bid for Safeway, the Sunday Times reported. The paper added that Irish grocer Superquinn’s share of the grocery market has declined over the past six months.Taylor Nelson...
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MPs are to campaign for the current Planning Bill to be rewritten to stop supermarkets from expanding without planning permission by building mezzanine floors inside existing stores.After Asda almost doubled its floorspace at an out-of-town...
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Tesco and Marks and Spencer could face a consumer boycott over RFID smart tags – used to improve supply lines, to tackle product recalls and refine marketing – as civil liberty groups say the information could be used to snoop on people.The Mail...
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Bidders vying to take over Safeway will this week discover what they must do to seize control of the supermarket group.The Times said that the Competition Commission will tomorrow publish the hypothetical remedies that may be required from...
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Sainsbury has indicated to some investors that it could sell about 70 of its 535 stores. The supermarket told the Mail on Sunday that the proposal was in its early days and was part of a plan to replace poorly performing stores with sites in better...
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Duchy Originals – Prince Charles’ organic food business – has announced that sales have doubled to £14m in the past year which has seen profit rise 10% to £634,620. The company sells products such as organic biscuits and Christmas puddings,...
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The World Health Organization has rejected claims by The Guardian that the food industry had infiltrated the WHO, and succeeded in exerting “undue influence” over policies to safeguard public health.According to a report by an independent...
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Premium bonds are in line to be revamped by the Treasury as a publicly owned alternative to the lottery. Gordon Brown is understood to be looking at plans for a remodelled premium bond draw, with bigger prizes and more promotion, including sales of...
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Customs & Excise could be stripped of its powers to collect VAT and duty on items such as petrol and alcohol and to be only allowed to collect those duties at ports and airports on goods brought into the UK. The Mail on Sunday reported that...
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Supermarkets have been accused of exploiting customers’ goodwill by overcharging for Fairtrade products. The Sunday Times reported that an analysis of the pricing structure shows that only a part of the considerable premiums being charged by...
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Somerfield will revalue its 1,300-store property portfolio in its full-year results in July, in an attempt to justify its rejection of a 120p-a-share bid approach from entrepreneurs John Lovering and Bob Mackenzie.The Daily Telegraph said that...
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Press round-up
Sainsbury is to recruit an extra 10,000 staff in a drive to cut supermarket checkout queues. Retail director Adam Fowle told the Mail on Sunday that research among people who shop at different supermarkets showed “that we are still a long way...
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Tesco spreads 5-a-day gospel
Ed Bedington Tesco is hoping to spread its 5-a-day campaign message to a global audience. The retailer will be the only UK supermarket to give a key speech on the subject at the International 5 a Day Symposium in Berlin next week. Hamish...
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The £8m refurbishment of Sainsbury's Purley Way store in Cro
However, the incorporation of Sainsbury's new zone' concept could help to boost the store's performance further by appealing to the busy suburban shoppers who seek everything in one store. The choice of Purley Way as the second location for...
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Keeping agile for analysts
The City doesn’t seem to like food retailers very much. Despite their success on the high street, most have trouble delivering significant growth and as a result, analysts make unfavourable recommendations and their share prices fall....
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Keeping agile for analysts
What can food retailers do to break out of the low growth straitjacket and rehabilitate themselves in the eyes of the City? Glynn Davis reports The City doesn't seem to like food retailers very much. Despite their success on the high street,...
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n ahold row
Ahold is in dispute with Chile's main supermarket retailer D&S over the acquisition of 10 Argentine D&S stores in 2000. Ahold's Disco Argentine chain agreed to pay $90m for the 10 stores but wants to pay the dollar debt in the Argentine peso...
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Alarm at cuts
Farmers have been left alarmed by EU proposals for quicker and deeper cuts in support prices for the dairy sector. The move is part of the Commission's mid-term review to be debated by agricultural ministers shortly. Although it was not...
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Andrews drives
the Partnership Carolyn Andrews has become operations director for the BP & Safeway Partnership, responsible for the successful running of its growing portfolio of new concept stores. Andrews will oversee the partnership's supply chain,...
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The colour of Scottish anger
Scottish Quality Salmon has hit out at Brussels' moves to reduce the levels of canthaxanthin permitted in salmon farming. The chemical is added to salmon feed to create the pink colour of the fish's flesh. An SQS spokesman said: "The Standing...