Asda sparks off a supermarket petrol price war October 29, 2013 ASDA fuelled a supermarket price war when it unveiled plans to cut petrol prices yesterday, causing other major British chains to quickly follow suit. The budget chain said that from tomorrow it would cut petrol to its lowest price this year, at 126.7p per litre on unleaded and 133.7p per litre for diesel. Sainsbury’s is [...]
UK retail sales grind to a halt in October as supermarkets stutter October 28, 2013 ANNUAL growth in British retail sales unexpectedly ground to a halt over the past month, hit by the first big fall in supermarket sales since February, the Confederation of British Industry said yesterday. The CBI distributive trades survey’s retail sales balance slumped to plus two from a 15-month high of plus 34 struck in September, [...]
Grand Theft Auto V accelerates games market back into growth October 28, 2013 THE RELEASE of Grand Theft Auto V helped push the video games market back into growth for the first time in five years last month, according to data out today. Kantar Worldpanel figures for the 12 weeks to 29 September show that the games market grew by 29 per cent compared with the same period [...]
Discounters grab market share from UK’s leading supermarkets October 22, 2013 SAINSBURY’S was the only one of the big four supermarkets to gain market share in the 12 weeks to 13 October as discounters continued to put pressure on Britain’s grocers, Data from Kantar Worldpanel out yesterday showed Aldi’s sales leapt by 31.7 per cent year-on-year, gaining record market share of 3.8 per cent against three [...]
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 [...]