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Sainsbury’s delivers big four’s ‘stand out performance’ Tuesday, 9th October 2012
Sainsbury’s, Waitrose and Asda managed to increase their hold on the grocery sector during the summer months, while Tesco and Morrisons fell behind. Latest figures from Kantar Worldpanel saw Sainsbury’s increase its market share by 5.6 per cent in the 12 weeks to 30 September, boosting its share from 16.2 per cent a year before to 16.5 per cent.
Tesco sales growth lags behind Asda and Sainsbury’s Tuesday, 14th August 2012
Tesco’s sales growth rose to 3.4 per cent in the 12 weeks to 5 August, but the UK’s number one retailer still lags behind rivals Asda and Sainsbury’s. The latest figures from Kantar WorldPanel show Tesco was able to accelerate its rate of growth from 0.7 per cent to 3.4 per cent across three months to August.
Standard & Poor issues Tesco warning Tuesday, 31st July 2012
Standard & poor cited ongoing pressure from rivals and weak consumer spending as it placed Tesco on negative outlook. The ratings agency said tough trading at the UK’s largest retailer could trigger a downgrade to its risk profile and credit rating. To make matters worse, S&P also suggested that the £1 billion investments being made to improve Tesco’s customer service would negatively affect its trading margins.
Dairy farmers name and shame supermarket giants Tuesday, 10th July 2012
The Great Yorkshire Show is one of the most talked-about calendar events of the year within the farming community. Yet this summer’s festivities will be remembered for different reasons as the relationship between farmers and supermarkets grows increasingly sour. According to an interview by the Grocer with Ian Potter, dairy quota broker at Ian Potter Associates, dairy farmers have chosen the event to “amplify” their dire financial position they face against a number of well known retailers.
Morrisons gears up for online launch Thursday, 31st May 2012
Following in the footsteps of Tesco and Sainsbur’s, Morrisons chief executive has said the supermarket will be revealing plans for an online operation later this year. The UK’s fourth largest supermarket is thought to be gearing up to go head-to-head with rivals to compete for online shopping baskets.
Sainsbury’s focuses expansion on north east Wednesday, 23rd May 2012
Sainsbury’s will favour a convenience store format as it looks to increase its presence in the north east of England. Often perceived by the industry as a Morrisons stronghold, Sainsbury’s chief executive Justin King told the Journal it would add three new stores in the region, generating 400 new jobs.
Supermarkets to be ‘named and shamed’ in crack-down as suppliers fight back Tuesday, 8th May 2012
New measures to name, shame, and fine supermarkets that place unfair pressure on their suppliers will be unveiled during the Queen’s Speech on Wednesday. According to the Daily Mail the new Groceries Code Adjudicator Bill will give suppliers based in Britain and abroad the right to act as anonymous “whistle-blowers”, as well as granting an independent adjudicator the right to investigate complaints about a grocery retailer with turnover of £1 billion or more.
Morrisons Q1 sales fall Thursday, 3rd May 2012
The UK’s fourth largest supermarket has reported a fall in like-for-like sales of 1 per cent excluding fuel for its first quarter. Morrisons suffered from tough comparables from the year before, which saw like-for-like sales rise 2.5 per cent on the back of a warm Easter and nationwide royal wedding celebrations.
Morrisons braced for reality-check trading update Monday, 30th April 2012
Britain’s fourth largest supermarket chain is now expected to report a dip in underlying sales growth for its first quarter, as it faces tougher competition from discounting rivals. With the latest figures from Kantar Worldpanel showing a drop to 11.9 per cent in market share, Morrisons first quarter update on Thursday is likely to bring something of a reality check to the supermarket giant.
Sainsbury’s revamps slogan and own-brand range Thursday, 15th September 2011
“Live Well for Less” will replace Sainsbury’s “Try Something New Today” as the supermarket looks to relaunch its core own-brand range.
The standard own-label range, which accounts for a third of sales will be remarketed under the “by Sainsbury’s” label. All 6,000 products by the grocer will be relaunched by early next year under a new “substantial investment” into the category.
The move comes as many supermarkets look to gain precious market share as they jostle for a rank in the big four. Just last year Asda relaunched its own-brand range under the “Chosen By You” label, whilst Wm Morrison has announced it will begin extending its range of own-brand products next month.