Iceland Christmas sales fall despite furore over banned palm oil advert February 20, 2019 Iceland is set to reveal a decline in underlying sales over the festive period after its controversial Christmas advert failed to boost business. A report prepared for bondholders, obtained by the Financial Times, showed underlying sales fell by one per cent in the 16 weeks to 4 January. Read more: Iceland mulls bid for potential [...]
Asda sales growth falters amid competition probe into Sainsbury’s merger February 19, 2019 Asda today reported a slowdown in sales growth in the fourth quarter as it waits for the green light over its planned merger with Sainsbury’s. The supermarket chain, which is owned by US grocery giant Walmart, posted a one per cent rise in like-for-like sales excluding petrol in the three months to the end of [...]
Watchdog delays final report on Sainsbury’s-Asda supermarket merger February 11, 2019 The UK's competition watchdog today extended its probe into the supermarket tie-up between Sainsbury's and Asda by eight weeks. The Competition and Markets Authority (CMA) said it had decided to delay the publication of its report to give it enough time to “reach a fully reasoned final decision” on the £12bn merger. An inquiry group [...]
Iceland mulls bid for potential Sainsbury’s-Asda store sell-offs February 11, 2019 Frozen foods giant Iceland is mulling a move to snap up supermarket stores that Sainsbury’s and Asda could be forced to offload as part of their proposed tie-up. "We are looking at everything for sure," Iceland's managing director Richard Walker told the FT. "Food retail drives footfall and we are the only supermarket that is [...]
Iceland removes its name from some products after failing to meet own palm oil deadline January 24, 2019 British supermarket Iceland removed its name from some of its own-brand products last year, after it realised it couldn't meet its campaign target of selling no products containing palm oil under its branding. The retailer said it would remove all palm oil from 100 per cent of its own products by the end of 2018, due [...]
Fears over business rates mount as Britain’s major retailers prepare to form action group January 13, 2019 Some of Britain’s biggest retailers are coming together in an urgent bid to seek business rates relief from the government, City A.M. has learned. Around 50 major high street names are joining a mass lobbying effort to curb forthcoming rises in their property tax, as profits plunge in the face of falling sales and online [...]
Iceland to fight £21m claim that it pays staff less than the national minimum wage January 2, 2019 Iceland could be hit with a £21m fine after HM Revenue and Customs ruled that its Christmas savings scheme technically results in staff being paid less than the national minimum wage. The supermarket disputes the finding, which relates to a scheme whereby the company allows employees to voluntarily set aside money from their weekly wages over [...]
What this year’s Christmas adverts can teach us about making a great ad campaign December 17, 2018 With just over a week to go until Christmas Day, the big question is: have you bought all your presents yet? (I haven’t.) If you have, did any of this year’s festive ads sway your opinion? Did Elton John tickling the ivories mean that retailer John Lewis tickled your fancy, or did you feel like doing [...]
Banning harmful gender stereotypes from adverts should be applauded December 17, 2018 The UK’s advertising watchdog has called time on harmful gender stereotyping. From June 2019, all ads featuring outdated gender stereotypes that are deemed to cause harm or widespread offence are to be banned. This is fantastic news. The negative use of gender stereotyping for the promotion of products and services was especially prominent in my youth [...]
A change is as good as a repeat in the supermarket Christmas ad run November 28, 2018 Retailers are continuing to battle for ad supremacy as we approach Christmas, but which brands in the supermarket sector have been most successful in grabbing viewers’ attention? YouGov brand tracking data indicates that Aldi currently has the highest level of Ad Awareness (whether someone has seen or hear an advert for a brand in the [...]