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Tesco, Asda and Morrison lose out as Aldi records another all-time record share of grocery market Tuesday, 18th June 2013
Aldi, Lidl and Waitrose continue to attract shoppers at either end of the grocery sector as the market’s polarisation intensified in June. Reuters on Tuesday reported that data from industry analysts Kantar Worldpanel found Aldi scored another all-time record share of 3.6 per cent in the 12 weeks to 9 June.
Whitbread posts Q1 sales boost as Costa Coffee shines Tuesday, 18th June 2013
Whitbread has posted a 3.1 per cent rise in first quarter sales as demand at Costa Coffee helped to offset lacklustre performance at its restaurant businesses.
Woolworths Limited reported to launch states' first 24hr supermarket at Queensland Monday, 17th June 2013
The British company that once owned the high street retail chain, Woolworths has announced that it will be opening its first 24 hour supermarket at Queensland on June 16th 2013.
Thorntons trials One iotas' SmartPod technology Friday, 14th June 2013
Thorntons are launching a trial of a new technology which allows customers to purchase from their extended online range while in-store. The chocolate-maker is working in partnership with retail technology experts One iota, which will see online ordering kiosks placed in three stores across the country.
Safeway’s Canadian assets acquired by grocery chain Sobeys in $5.7bn deal Thursday, 13th June 2013
Empire Co Ltd, operator of Canadian supermarket group Sobeys, is set to acquire Safeway Inc’s Canadian assets for USD 5.7 billion, in a deal that will see the buyer nearly double its reach in the country’s western regions.
Billionaire Ron Burkle in the market for Tesco's Fresh & Easy chain Thursday, 13th June 2013
US billionaire Rob Burkle is thought to eyeing up the prospect of buying Tesco’s loss-making US business, Fresh & Easy, in order to re-launch the Wild Oats chain of natural food stores, according to reports. The approach is understood to have come from his investment fund, Yucaipa Cos, after Tesco decided to cut their losses with the £1 billion food chain.
“Solid” Q1 performance for Sainsbury’s, as supermarket continues to grow market share Wednesday, 12th June 2013
Total sales for Sainsbury's first quarter rose 3.6 per cent, as the country’s third largest supermarket group became the only major grocer to continue to increase its market share, up 0.2 per cent to 16.8 per cent for the period. Wednesday’s announcement will no doubt add pressure to the UK’s three other largest grocers, as Tesco, Asda and Morrisons continue to battle for their share of the market amidst a fiercely competitive economic backdrop.
Oddbins lays out plans for overhaul Monday, 10th June 2013
Oddbins is preparing for a summer of change as the wine retailer looks to spend £2 million on refurbishing stores and setting in motion a detailed online marketing plan and social media initiative. According to the Daily Mail, Oddbins owner European Food Brokers Retail will spend £2 million on the refurbishment of 34 stores, after acquiring 109 Wine Cellar stores in 2009.