Britain’s four leading supermarkets lose share to discounters November 19, 2013 BRITAIN’S big four supermarkets have all lost market share for the first time on record while discount retailer Aldi claimed another record share, new data shows. Tesco, Sainsbury’s, Asda and Morrisons saw their sales growth dip below the market average of 3.2 per cent in the 12 weeks to 10 November, Kantar Worldpanel said yesterday. [...]
City Moves for 19 November 2013 | Who’s switching jobs November 18, 2013 Knight Frank The property company has hired Liz Crawford as an associate within its healthcare team. She was most recently at Humberts Leisure, where she was a director. Prior to that, Crawford was head of licenced and leisure at Lambert Smith Hampton. Axa Investment Management The investment management business has recruited Shajahan Alam as a solutions [...]
Bottom Line: Christmas comes early for King November 13, 2013 THEY say good things come to those who wait. Yesterday, almost a week after rival retailers Marks & Spencer, John Lewis and Morrisons released their Christmas adverts, the UK’s fastest growing supermarket revealed its own tear-jerker – a three-and-a-half minute mini-film that aired during last night’s Coronation Street. The film, which shows clips of ordinary [...]
Morrisons boss insists sales will return to growth November 7, 2013 MORRISONS’ boss Dalton Philips has insisted that like-for-like sales will move back into the black over Christmas despite the supermarket chain suffering a further deterioration in trading in the third quarter. Sales at stores open more than a year fell 2.4 per cent in the 13 weeks to 3 November, at the bottom of analysts’ [...]
Communicator and Rhombus in perfect shape for November Handicap November 7, 2013 RICHARD Hughes will be doused with champagne by his fellow jockeys for the second year running at Doncaster tomorrow afternoon after another fantastic season. He takes the ride on Hughie Morrison’s Nearly Caught in the November Handicap (3.35pm), but he has plenty of weight for a three-year-old and I’m inclined to look elsewhere. John Gosden [...]
Morrisons sales down as store loses out in convenience and online shopping November 7, 2013 Morrison Supermarkets saw like-for-like sales down 2.4 per cent in the 13 weeks to 3 November, with "subdued" consumer confidence being paired with the store's "low exposure" to the key growth areas of convenience and online. Including fuel, sales were down three per cent. Chief executive Dalton Philips commented that the market is "tough". (Release) [...]
London Report: Recovery looks on track in busy reporting week November 3, 2013 SERVICES figures due out this week, plus the latest updates on industrial and manufacturing production, look set to show continued recovery for the British economy. “September’s industrial production figures are likely to show that overall output partially recovered from its surprise 1.1 per cent monthly fall in August,” said Martin Beck, of Capital Economics. “Manufacturing [...]
Sainsbury’s to take Tesco ad fight to court October 29, 2013 J SAINSBURY has announced it is to take Tesco to court to seek a judicial review, after the UK’s advertising watchdog twice rejected the retailer’s complaint against Tesco’s price comparison campaign. Tesco’s Price Promise scheme, launched in March, compares the cost of thousands of own-branded products against Asda, Morrisons and Sainsbury’s and offers a money-off [...]
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 [...]
Premier League: Allardyce rues missed chances as goal-shy West Ham draw October 27, 2013 SWANSEA CITY 0 vs WEST HAM UNITED 0 WEST Ham manager Sam Allardyce was left to bemoan his side’s lack of killer instinct as they drew a blank for the fifth time in nine Premier League games. The visitors, fielding a team without a recognised centre forward, came closest to breaking the deadlock in the [...]