Duchy Originals thrives amid consumer slowdown and donates £2.8m to Prince's charity Tuesday, 31st December 2013
An organic food company owned by Prince Charles’ foundation,Duchy Originals, has managed to generate sales in the midst of a general slowdown in consumer spending.
Waitrose managing director brands supermarket loyalty cards as "meaningless" Friday, 27th December 2013
The managing director of Waitrose has attacked “meaningless” supermarket loyalty cards by insisting that customers prefer immediate rewards. Mark Price, who has hailed the success of the myWaitrose card which offers customers a free cup of coffee or tea, said that the fact that Waitrose is now the second largest provider of coffee in the UK is proof that the card is a success.
Household spending rises £2 year-on-year, according to Asda Friday, 27th December 2013
Asda’s latest Income Tracker has revealed how family spending power has increased by £2 a week year-on-year in November. The Wal-Mart-owned supermarket firm found that the average UK family had £160 of discretionary income available in November, up £2 a week from November 2012 and the highest since July 2012.
Tesco announces plans for its second-generation tablet computer Thursday, 5th December 2013
Back in September Tesco made its first foray into the tablet computer market when it launched its £119 Hudl device. 300,000 sales later and Tesco is planning to bring out its second-generation device by 2014. “The new version will be an enhanced version,” said Tesco’s chief executive, Phillip Clarke.
Shopper queue from 1am for new Aldi store Thursday, 5th December 2013
Discount food grocer, Aldi, greeted around 90 exuberant shoppers at 8am this morning for the opening of its new 935-sqm store at the Meteor Centre in Derby. Each customer – some of whom had queued since 1am – was awarded with a golden envelope which contained prizes, including a personal computer, 23” HD Ready TV, CD players and Aldi goody bags.
Tech-savvy Britons take their shopping carts online this Christmas Friday, 22nd November 2013
Could Christmas Eve panic buys become a thing of past? According to a new study, Britons are increasingly turning towards e-commerce for their Christmas shopping this year, with £1 in every £3 being spent online this December. A study by the British Retail Consortium found that almost £1 in every £5 is spent through computers, tablets and smartphones, making Britain the most tech-savvy nation when it comes to online retail.
Cut-price supermarkets muscle in on big four's market share Tuesday, 19th November 2013
According to market research firm Kantar Worldpanel, Britain’s biggest supermarkets have all lost market share for the first time in at least 10 years, as cash-strapped consumers migrate to cut-price competitors such as Aldi and Lidl. Kantar said that Tesco, Sainsbury’s, Asda and Morrisons have all lost market share thanks to an influx of cut-price competitors led by German retailers Aldi and Lidl.
Turkey prices to go up by 17% Monday, 18th November 2013
Prices of frozen turkeys this year are up by 17 per cent in supermarkets, despite the wholesale market only increasing by 8 per cent. Research published by The Grocer Magazine last year found that the average price of a frozen turkey weighing 5-6kg cost £17. This is compared to the £20 average which supermarket chains will be commanding this year, according to the Daily Mail.
Asda to pilot Barclays Bank branches in store Friday, 8th November 2013
Asda will begin a trial with Barclays Bank to open branches within some of its stores. Four Asda supermarkets have been chosen for the pilot scheme, which will see bank branches open outside of the traditional bank opening times of 9am to 5pm. Asda’s Birchwood store in Cheshire will be the first bank to undergo scheme, followed shortly by branches in Pudsey, Watford and Broadstairs.
Tesco behind lucrative shelving ploy which damages independent food suppliers Tuesday, 29th October 2013
A leaked memo has revealed that Tesco – the UK’s number one supermarket retailer – is charging companies thousands of pounds to ensure that their products are seen at eye level on its shelves. The revelations come after a disgruntled supplier leaked the memo to consumer goods magazine, The Grocer.
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