The industry is holding its breath ahead of the OFT's announcement on whether it will refer grocery to the Competition Commission. It is due to make a statement early next week, with commentators widely expecting it to go ahead with a referral.
Industry associations on both sides of the Sunday trading debate are eagerly awaiting the results of the Department of Trade and Industry's cost-benefit analysis into Sunday trading laws, which will be revealed on Wednesday (May 10). The DTI commissioned the analysis last November to examine whether there was a case for changing the laws.
Offers for stores
Offers have been accepted for more than half of Dewhurst butchers' 95 remaining stores after it was plunged into administration in March, business restructuring experts BDO Stoy Hayward LLP said. Eight stores in the south west have been sold to Lloyd Maunder. Other stores have been sold off individually.
Independent retailers are gearing up for the third annual National Independents' Day on June 1. My Shop Is Your Shop said that three new companies - Diageo, GlaxoSmithKline and United Biscuits - had pledged their commitment. Big brand names such as Minute Maid, Pedigree, Guinness and Foster's have also said that they will be participating in a generic money-off coupon feature in the Daily Mirror and the Daily Record on May 26.
Le Riche, retail arm of Channel Island operator CI Traders, plans to shift distribution to Portsmouth by 2007 to help cut costs, after relocating its buying team to the same site. It is also developing forecourt stores at Five Oaks, Jersey and Perelle Garage, Guernsey.