Iceland boss Malcolm Walker: Which? supercomplaint over supermarket offers was “b*****ks” July 17, 2015 Iceland boss Malcolm Walker – the supermarket sector's answer to Michael O'Leary – has blasted the Which? supercomplaint over misleading deals as “bollocks”. The consumer group took a petition signed by more than 100,000 to the Competition and Markets Authority earlier this year, claiming it had found examples of “dodgy special offers” that led [...]
Competition and Markets Authority accuses supermarkets of “confusing” promotions July 16, 2015 You could say the UK's competition body has just told supermarkets to BOGOF, after the Competition and Markets Authority (CMA) accused supermarkets of "confusing" people about special offers The after a major three-month investigation, the CMA said with 40 per cent of spending on groceries going on items on offer, shoppers are still being misled [...]
Amazon Prime Day is not the new Black Friday as British retailers have little appetite for mega sales… yet July 15, 2015 Not content with helping bring the horror of shoppingeddon to the UK in the form of Black Friday, Amazon is now attempting to create its own, even bigger version, with Prime Day. Last year Black Friday went from being a US tradition us Brits mocked as the embodiment of America's tendency to take things to [...]
Sainsbury’s Bank shops for new non-exec: Michael Ross takes on digital strategy June 29, 2015 Sainsbury’s Bank has gone shopping in the lingerie department for a new non-executive director and appointed the former chief executive of Figleaves.com to the board. Michael Ross will join with immediate effect and help develop its banking arm’s digital and data strategies, the retailer said yesterday. Ross founded the online lingerie retailer Figleaves in the [...]
Sainsbury’s CFO role expanded June 25, 2015 SAINSBURY’S said yesterday it has expanded finance chief John Rogers’ responsibilities to include business development and online as one of the retailer’s senior directors prepares to step down. Helen Buck, who was previously responsible for business development, will be stepping down at the end of July to join wholesaler Palmer and Harvey as chief operating [...]
MRSA superbug found in pork sold by Sainsbury’s, Tesco, Asda and Co-operative June 18, 2015 Pork sold by four major UK supermarkets has tested positive for MRSA CC398 – a variant of the superbug, which can cause skin disorders and serious infections in humans. Products from Sainsbury's, Tesco, the Co-operative and Asda all tested positive for the bacteria during an investigation carried out by The Guardian. Read more: Sainsbury's, [...]
Waitrose PYOO (“pick your own offers”) ups game in supermarket price wars with Aldi, Lidl and big four June 17, 2015 Middle England favourite Waitrose has upped the stakes in the supermarket price wars with what it's calling "game-changing" discounts. The latest salvo in the battle with Aldi, Lidl and the big four – and adding a new acronym to our lingo almost as good as BOGOF – is "Pick Your Own Offers", or PYOO, which is [...]
Sainsbury’s and Tesco ditch Transport for London’s Tube station Click & Collect scheme June 17, 2015 It seems the retail revolution is still a little way off, after supermarket giants Sainsbury's and Tesco ditched a scheme introduced by Transport for London (TfL) to let shoppers collect their groceries at Tube stations. Read more: TfL given the green light to turn its HQ into flats The scheme, introduced amid much pomp and [...]
Mansion House, Sainsbury and Tower Hamlets: Five charts summing up the week June 12, 2015 There were a series of huge announcements out of a black-tie dinner at Mansion House, struggling supermarkets Sainsbury said it was seeing the first signs of a revival, Labour won the Tower Hamlets mayoral election and the IMF walked out of Greek debt talks. Here are five charts summing up the week: UK will have [...]
Sainsbury’s boss Mike Coupe acquitted by Egyptian courts June 11, 2015 Sainsbury's boss Mike Coupe has been acquitted by an Egyptian court of all charges in a legal case linked to the supermarket's investment in a business in the country 16-years ago. The chief of one of Britain's biggest supermarkets was sentenced to two years in prison in April, over allegations of embezzlement after being found guilty [...]