Sainsbury’s launches mobile scan and go trial April 30, 2014 Remember those hefty handheld “scan as you shop” machines in supermarkets that allow you to avoid queuing at the check-out? Sainsbury’s has rebooted this concept with an app that allows shoppers to scan, pack and pay for their shopping using their smartphone before collecting a receipt and exiting the store. With its “mobile [...]
Morrisons and Tesco lose grip on market share and sales July 1, 2014 Morrisons and Tesco have both suffered another heavy fall in sales and market share in the last 12 weeks despite efforts to slash prices and win customers back into their stores. Data released yesterday from Kantar Worldpanel showed that overall grocery market grew by 2.8 per cent year-on-year in the 12 weeks to 22 June, [...]
Supermarkets are getting a quiet boost as entertainment spend booms online May 29, 2014 In the UK, one third of our spend on entertainment – so on CDs, DVDs and games – is now done online. Data from Kantar Worldpanel, covering the first part of this year, show that one in every three pounds people spend on physical entertainment objects is online. Interestingly, 20 per cent of all online [...]
Sainsbury headquarters go under hammer April 29, 2014 TISHMAN Speyer has snapped up Sainsbury’s headquarters at 33 Holborn, the property developer announced yesterday, in a deal thought to be worth £310m. The Foster & Partners-designed building, which was sold by Germany investment firm Union Investment, is let to the supermarket chain until 2026.
The conscious uncoupling of King and Coupe May 7, 2014 WHEN Justin King finally steps down as head honcho at Sainsbury’s in July, he might well experience some separation anxiety from commercial director (and soon to be CEO) Mike Coupe. The pair were delivering the supermarket’s preliminary results at their HQ in Holborn yesterday, when they both heard the call of nature at the same [...]
Sainsbury’s loses Tesco ad fight July 30, 2013 The Advertising Standards Authority is today expected to dismiss a challenge to Tesco’s price promise campaign, which was brought by rival Sainsbury’s. As the supermarkets jostle for market share among cost-conscious customers, Sainsbury’s led a group complaining that Tesco’s price-matching scheme had unfairly compared the former’s Fairtrade products with the latter’s Everyday Value range.
The City’s office choir kicks off LSE with “Let’s go fly a kite” from Mary Poppins June 23, 2014 Stock market ceremonies vary from place to place, there are bells, buzzers and countdown orbs, but we’d wager none have ever kicked off a day’s trading with a song – until yesterday. Stocks began Monday morning trading on the LSE following a rendition of “Let’s go fly a kite” from Mary Poppins – sung by [...]
London Report: Supermarkets’ results to show split in fortunes May 5, 2014 THE varying fortunes of the UK’s supermarkets will be revealed this week as Morrisons gives its quarterly results while Sainsbury’s announces full-year figures. Sainsbury’s annual results are forecast to show that underlying pre-tax profits rose 3.5 per cent to £782m. However investors will be anxious to see the company’s plans for the next year, especially [...]
Retail successes and failures in the US April 23, 2014 Primark is making its first foray into the US, which has in the past proved to be a tough market to crack and one often described as the graveyard of UK retailers. However alongside a number of failures there have been several success stories. BurberryBurberry has proved to be one of the biggest British retail [...]
Brand Index: Cheaper supermarket brands are outflanking Morrisons April 8, 2014 GERMAN discounters Aldi and Lidl continue to expand their reach in the UK at the expense of the so-called “big four” chains, with Aldi increasing its market share by more than a third. Tesco, Asda, Sainsbury’s and Morrisons have all experienced a decline in sales, though Asda has proved the most resilient and Morrisons has [...]