Asos won’t be making an Amazon-style move into physical shops July 7, 2016 Asos won't be following in Amazon's footsteps and bringing its brand onto the high-street, intending to focus on mobile sales instead. Speaking to City A.M. about whether the online retailer would ever open physical shops, Asos' chairman Brian McBride said: "It's not on our current plans. Read more: Amazon is opening its first physical bookshop McBride said the idea of [...]
Aldi is hungry for a 10 per cent share of the grocery market July 6, 2016 It's a tough time for supermarkets, but as the price war between the Big Four rages on, Aldi's UK chief executive says he is aiming to take a 10 per cent share in the grocery market. Speaking to City A.M., Matthew Barnes, Aldi's chief executive in UK and Ireland Matthew Barnes said: "We will have 10 per cent [...]
Sainsbury’s gives up its discount dreams as it ditches Netto UK stores July 4, 2016 Sainsbury's is ditching its partnership with European discounter Netto and plans to close 16 Netto UK stores in August. The joint venture between Dansk Supermarked Group's (DSG) Netto and Sainsbury's began in June 2014; around 400 jobs in the stores are now at risk as Sainsbury's focuses instead on its acquisition of Argos owner Home Retail Group. Read more: Sainsbury's has named new chief executive [...]
Tesco is opening a pop-up wine bar in Soho on Wardour Street this summer June 29, 2016 It might not be what you'd normally expect from a visit to Tesco, but this summer for the first time you will be able to visit the supermarket giant's first pop-up wine bar nestled in the heart of Soho. The finest* wine bar, tied into the grocer's Tesco Finest* range, will be open from 2 [...]
Here’s how the supermarkets were doing just before the Brexit vote June 28, 2016 In the immediate run-up to the EU referendum, supermarket sales were strong, according to data released today, but in the three month period before the vote, sales slipped. The figures from Nielsen show that in the four weeks ending 18 June, UK supermarkets had their first increase in year-on-year takings since July 2015. Sales were up 0.4 [...]
Tesco’s share price looks perky as company announces sale of Harris and Hoole coffee chain to Caffe Nero June 23, 2016 Supermarket chain Tesco is selling Harris and Hoole coffee chain to Caffe Nero, it said in its first quarter trading statement this morning. "Together, these sales allow us to place even greater focus on our core UK business," the company said. The retailer's share price was up by 2.82 per cent in early morning trading [...]
Ad agencies need better advertising: 101’s Laurence Green on why positioning should be more important than pitching June 20, 2016 Our industry conversation has swung too far from long-term to short, from strategy to tactics, and away from the alchemical power of great creative,” says Laurence Green, founder of creative agency 101. He has been critical in the past of the fact that pitching has become the default method for procuring agencies’ services. And he believes [...]
Asda swaps Clarke for Clarke as chief exec says he’ll step down next month June 13, 2016 Well, that was sudden: we knew Asda chief executive Andy Clarke was planning on going – but now the supermarket's owner has said Clarke will step down next month. In a statement this morning Asda confirmed reports Clarke, who has been at the company for more than 20 years – six of which have been [...]
This £5 supermarket Malbec has been named the world’s best red wine June 13, 2016 It looks like it's officially time to embrace supermarket plonk, after Asda rode to a surprise victory with one of the world's best red wines at the Decanter World Wine Awards. The supermarket toasted the success this weekend of its Chilean La Moneda Reserva Malbec after it won the top prize in the single-varietal red under £15 category at the awards, [...]
Melons and pineapples? Who cares? It will take more than that for supermarkets to fight off AmazonFresh June 10, 2016 Tesco’s current ad features a couple debating whether or not to drive to their local branch to exchange a melon for a pineapple. “We need an excuse,” says the husband. “What? Like I’m long-sighted and I mistook it for a large grape?” replies the straight-thinking wife. The commercial highlights the supermarket’s “No Quibbles” policy. Bought [...]