Sainsbury and Netto join forces to take on discounters
Early discounter Netto will be returning to Britain next year in a £25M joint venture with Sainsbury, to take on Aldi and Lidl, whose cut price offers have revolutionised the UK grocery market.
Archives for June 19, 2014
Retailers score extra £28M in sales from World Cup
World Cup fever and warm weather spurred thirsty consumers to spend an extra £28M on beer and cider in the first week of the global football tournament, compared with the same week last year.
Scotland plans Scottish Food Commission
The creation of a Scottish Food Commission is the centre piece of Scotland’s latest discussion document – Becoming a Good Food Nation – unveiled this week, as part of the country’s plans to develop a food and drink policy.
Stevia is not a calorie panacea: regulatory scientist
Natural sweetener stevia is best used to lower calorie content, rather than eliminate it, a regulatory scientist has claimed.
CONSUMER GOODS FORUM GLOBAL SUMMIT
Discounter Netto brings much-needed expertise to Sainsbury
Netto brought expertise in running low-cost stores and managing niche discount product ranges, said Sainsbury ceo Justin King, commenting on the UK supermarket chain’s tie-up with the discounter.
CONSUMER GOODS FORUM GLOBAL SUMMIT
Waitrose boss Mark Price defends traditional retail
Waitrose boss Mark Price hit back at critics of traditional ‘bricks and mortar’ retailing at the Consumer Goods Forum's Global Summit in Paris yesterday (June 19), while claiming retailers should evolve.
Ken Morrison’s advice for Morrisons’ boss Dalton Philips
Sir Ken Morrison, former chairman of Morrisons, has three pieces of advice for Dalton Philips, the current boss of the troubled retailer.
Premier Foods: ‘grow brands or risk takeover’ – analyst
Premier Foods is vulnerable to takeover unless it can grow its core brands – and it is running out of excuses fast, according to Panmure Gordon analyst Graham Jones.
Sainsbury drivers protest over pension changes
Nearly 200 Sainsbury drivers will cause “substantial” disruption today (June 20), when they walk out on their Merseyside distribution centre in a pension row that could cost them tens of thousands of pounds, claims Unite the union.