Articles tagged supermarkets

Reports are emerging that Morrisons could be on the cusp of announcing a new chief executive appointment, with former Tesco executive David Potts tipped for the job, according to CityAM.

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UK supermarket chain Waitrose has drafted in The Fairtrade Foundation to assist with its ethical food sourcing operation.

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Tesco chairman Sir Richard Broadbent is to step down from his role on 1st March, the supermarket announced yesterday, with John Allan, chairman of property developer Barratt Developments and payment services provider Worldpay, set to succeed him in the role.

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Tesco has committed to creating a £20,000 community fund following its abandonment of two store developments in Cambridgeshire.

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Tesco is warning suppliers to keep up with the falling prices of raw materials if they want to continue stocking with the supermarket chain, reports The Sunday Times

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Retail News - Aldi to open 70 new UK stores

Aldi is to open over 70 new stores throughout the United Kingdom, it has emerged.

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The Groceries Code Adjudicator, Christine Tacon, is to launch an investigation into operations at Tesco, on the “reasonable suspicion” that the chain may have breached the Groceries Supply Code of Practice.

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Struggling supermarket chain Tesco is set to pay out more than £2 million to former chief executive Philip Clarke and former finance director Laurie McIlwee.

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Retail News - Food prices fall in Britain

The price of food in UK supermarkets dropped the most in eight years in January, because of rivalry between chains and lower priced raw materials.

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Online grocer Ocado reported is first annual pre-tax profit today, as was widely predicted over the weekend, with the company outlining expansion plans which include sealing its first technology deal with an overseas retailer.

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