Comet’s passing brings a brief celebration for rivals’ shares but the challenges they face haven’t gone away November 1, 2012 COMETS are said to burn across the sky on the death of a prince. The passing of this Comet was marked instead by the rise of its rivals’ share prices, with Dixons Retail Group doing especially well on the assumption that its chains will pick up business. But no one can pretend that kind of [...]
Paralympic win for Sainsbury’s as its sales rise October 9, 2012 J SAINSBURY’S sponsorship of the Paralympic Games and Brand Match campaign has helped the British supermarket steal market share from its three biggest rivals. New figures from industry experts Kantar Worldpanel showed that Sainsbury’s sales rose 5.6 per cent in the 12 weeks to 30 September, boosting its share of the UK grocery market to [...]
Paralympic win for Sainsbury’s as its sales rise October 9, 2012 J SAINSBURY’S sponsorship of the Paralympic Games and Brand Match campaign has helped the British supermarket steal market share from its three biggest rivals. New figures from industry experts Kantar Worldpanel showed that Sainsbury’s sales rose 5.6 per cent in the 12 weeks to 30 September, boosting its share of the UK grocery market to [...]
Finsbury Foods reports great bake-off as sales top £200m September 24, 2012 FINSBURY Food Group, the cake and bread maker, yesterday posted a surge in full-year profits across all of its divisions after sales exceeded £200m for the first time. The Aim-listed company, which supplies retailers including Waitrose, Tesco and Thorntons, said adjusted profits before tax rose 11.6 per cent to £6.5m for the year to 30 [...]
Kantar reports healthy growth in grocery sales September 11, 2012 GROCERS have continued to expand through 2012, Kantar Worldpanel revealed yesterday, with growth at the very top and bottom driving pace in the market. Total sales by grocers were £23.5bn in the 12 weeks to 2 September, up from £22.7bn in the same period last year, growth of 3.3 per cent. All of the big [...]
Heston helps to boost Waitrose January 5, 2012 SUPERMARKET Waitrose said yesterday it had seen Christmas sales jump this year. The shops, part of the John Lewis Partnership, saw a 3.5 per cent jump in like-for-like grocery sales in December. In the week leading up to New Year, total sales rose by 9.7 per cent on last year. Among the big sellers were [...]
Waitrose tops supermarket poll December 15, 2011 Waitrose has topped the Which? annual customer satisfaction survey for the third year running, winning a score of 83 per cent as its big four rivals failed to impress. Budget retailers Aldi and Lidl came second and third respectively, beating Mark & Spencer – which came fourth – for the first time. Tesco and The [...]
Supermarkets enjoy a rare lift during summer September 3, 2012 THE RETURN of the warmer summer weather together with the Olympics and the use of vouchers helped grocers enjoy their best trading performance of the year last month, in a rare bright spot amid the gloom across the rest of the retail industry. According to the latest figures from Nielsen, grocery sales in the four [...]
Twenty-four carat case for gold September 18, 2012 AS WARREN Buffett famously said: “You can’t eat gold.” But US dollars are not particularly nutritious either and neither are pounds sterling. However, the amount of food you can buy with your gold is steadily increasing, and has been for the last decade; whereas what you can buy with a wallet full of fiat currency [...]
Ocado to name Tatton-Brown as finance chief June 24, 2012 DUNCAN TATTON-BROWN, the former finance boss of debt-laden gym chain Fitness First, is this week set to be named as the new finance director of online supermarket Ocado. Tatton-Brown was fired along with other top Fitness First executives in February as part of a radical boardroom shake-up by the troubled gym group’s private equity backers, [...]