All Supermarkets articles – Page 288
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NewsTesco London division scrapped, absorbed into Tesco South
It is believed the move precedes management cuts, outgoing London MD to become Tesco Ireland’s new chief exec
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NewsFive Morrisons senior directors leave as Potts streamlines
Nick Collard, Martyn Fletcher, Gordon Mowat, Neal Austin and Nigel Robertson will step down from the management board and leave the company
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NewsTesco investors to sue retailer over profits scandal
Lawsuit claims Tesco’s announcement that it materially overstated its profits by £263m caused a permanent destruction of value to shareholders
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NewsAdjudicator Tacon issues survey to nail 'notorious' buyers
On Monday, Tacon will start contacting an estimated 8,000 suppliers asking them to take part in a YouGov survey
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NewsCompanies to be forced to publish payment terms details
Supermarket payment practices are set to come under fresh scrutiny after the government revealed all large companies would be forced to publish new twice-yearly reports on their conduct.
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NewsTesco takes back 21 superstores in British Land property swap
Tesco has taken back full ownership of 21 superstores from property giant British Land in an effort to head off future rental increases.
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NewsDavid Potts tells Morrisons employees he will 'listen as hard as I possibly can' in new video
The new CEO records a message for staff on his first day at work
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NewsCity snapshot: Waitrose's weekly sales tick up after annual profit fall
There was some cheer for Waitrose bosses this morning as its weekly sales ticked up slightly after their recent flatlining
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NewsWaitrose commits to Tesco price match promise in the face of plummeting profits
Waitrose has reaffirmed its commitment to continue matching Tesco on branded goods in 2015 despite its profits plunging by almost a quarter in the previous year.
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NewsWaitrose operating profits tumble 23.4%
A significantly higher level of investment and one-off items have bitten a large chunk out of Waitrose’s operating profits
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NewsMorrisons results: What the analysts say
Reactions to the Morrisons results are flooding in from analysts
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NewsAldi hits record market share as Tesco posts best growth in 18 months
Aldi share at 5%, Lidl also posts 13.6% sales growth as discounters continue rise
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NewsFormer Aldi UK CEO Paul Foley warns over discounter price gap
Former Aldi UK boss Paul Foley says supermarkets could “suck the oxygen right out of the discounters” if they can close the price gap
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NewsTesco gamble cost Warren Buffett $444m
Veteran investor Warren Buffett has admitted his “leisurely pace” when it came to selling off shares in Tesco cost his firm Berkshire Hathaway $444m.
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NewsDave Lewis launches new code of conduct for Tesco staff
Dave Lewis has told Tesco’s employees they “must speak up” if they suspect misconduct in its trading relationships with suppliers
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Analysis & FeaturesBrands at the heart of mults battle with the discounters
This year the grocery price war has intensified, with all the major supermarkets investing millions into lowering prices…
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Analysis & FeaturesSupermarket land banks: up for sale?
If you believe the hype, the supermarkets are sitting idle on huge land banks up and down the UK. What’s the truth?…
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NewsTesco has '75% chance' of successful recovery, report claims
The report by Bernstein claims that the UK’s biggest retailer is in the “recovery on track zone”
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NewsMorrisons appoints David Potts as its next chief executive
Morrisons has appointed former Tesco director David Potts as its next chief executive. Chairman Andrew Higginson said he was the “best retailer” he had worked with in 25 years in the industry.
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NewsMorrisons chairman Andrew Higginson to advise Poundland owner on retail investments
Morrisons chairman Andrew Higginson has added a new role to his list of responsibilities after joining the private equity owner of Poundland as a senior advisor.