3D printing could spark high street revival says JP Morgan October 17, 2013 JP Morgan has suggested that 3D printing (3DP) is the trend to watch, although the short term impact will be limited. JP Morgan analysts who visited 'the future is here' exhibition concluded that 3DP should be watched closely and suggested that mall operators should focus on gaining more 3DP store tenants. A major factor in [...]
Sainsbury’s to open dark store to meet online demand October 13, 2013 J SAINSBURY is to open its first dark store to support fast-growing demand for its online grocery service in London and the south east. The dark store – so-called because it is not open to the public and only fulfils online orders – will open in Bromley-By-Bow, east London, within the next few years, the [...]
Asda deal for Whitworths baking October 10, 2013 Real Good Food Company has won contracts to supply its Whitworths sugar products to Booker and Asda, in a deal that is set to double the value of the brand. The new deals will place the “Whitworths for Baking” range in supermarkets across the country and should create 80 jobs at the firm’s Napier Brown [...]
Asda considers new George home brand October 9, 2013 BRITAIN’S second largest retailer Asda is considering launching homeware under the George brand. The Walmart–owned group has applied for the trademark George.home according to filings published last week on the Intellectual Property Office website. A spokesperson for Asda refused to confirm whether it was planning to launch a new homeware brand and said: “We register [...]
Tesco hopes to win back sales with new items October 6, 2013 TESCO will today unveil a revamped version of its Finest range, which Britain’s biggest supermarket hopes will win over shoppers and shareholders following grim half-year results. The FTSE 100 firm, whose market share is dipping as the discount supermarkets grow, is expected to lay out 1,500 new or redesigned products ahead of the Christmas rush. [...]
Rosy results for Sainsbury’s with increased sales, stores and new mobile service October 2, 2013 Sainsbury's has reported strong sales which have delivered continued outperformance, with total sales for the second quarter up five per cent (4.6 per cent excluding fuel). (Release) Like-for-like sales for the same period were up 2.1 per cent (2.0 per cent excluding fuel), with total sales for the first half of 2013 coming in up [...]
Supermarkets in fuel pricing wars September 26, 2013 THE SUPERMARKET price war on petrol escalated yesterday, when some of Britain’s largest chains slashed costs for the second time in a matter of days and Sainsbury’s became the latest grocer to enter the fray. Asda said that it would cut unleaded petrol by 3p to 128.7p per litre and diesel by 2p to 135.7p [...]
Asda apologises for offensive mental patient Halloween costume September 26, 2013 Supermarket giant Asda has been forced to apologise after selling a "mental patient fancy dress" Halloween costume online. The costume, which included clothing, mock blood, a mask and imitation meat cleaver, has been withdrawn, following horrified reactions on Twitter. We removed the product from our website this afternoon but unfortunately the page may remain visible [...]
Fastest retail sales rise in 15 months suggests higher GDP growth in third quarter September 25, 2013 UK retail sales are now growing at their fastest pace in 15 months in the year to September, according to the CBI. That's their third consecutive months of gains. The headline CBI distributive trades survey number has risen from 27 to 34. Analysts had been expecting a fall to 24. Now retail sales are expected [...]
Kingfisher cuts back on space to save on costs September 11, 2013 B&Q OWNER Kingfisher said yesterday it is to scale back or exit 18 of its stores across the UK as the DIY retailer looks for ways to ease its lease burden and boost profitability. Several retailers, including Topshop owner Arcadia, have been shedding stores as leases come up for renewal to reflect changes in [...]