The launch of new fresh food ranges helped drive positive like-for-like sales in first-quarter results posted today (June 23), according to Britain’s biggest supermarket chain Tesco.
Burgers contaminated with plastic, salmon products infected with listeria and mislabelled soup sparked three food recalls last week by Asda, OT (Smoked Salmon) and Waitrose.
Asda boss Andy Clarke is to step down from his role as ceo and president of Asda next month, after more than 20 years with the supermarket and six years at its helm.
The adjudicator responsible for good retailer practice has claimed any extension of the code to include suppliers would require a “totally different scale of job” that was impossible to achieve under her present remit.
Amazon faces a number of challenges if its new food delivery service Fresh is going to succeed – but its price leadership position could make it a big threat to the multiples – a leading food specialist has claimed.
Food and drink manufacturers have been urged to work with smart technologies or risk losing out to competitors that do harness the benefits of such partnerships.
Asda is the latest high street multiple to announce that it was conducting a “range review’’, wherein as much as 25% of its stock-keeping units (SKUs) will be removed from sale in some categories.
Morrisons and Amazon have agreed a new supply agreement, making the retailer’s products available for home delivery through the Amazon Prime Now service.
Asda is reviewing the future of about 5,000 jobs as part of proposed store changes including the closure of canteens, photo centres and in-store clothing counters.
Morrisons has the highest levels of campylobacter in fresh chicken, while contamination in retail chicken has fallen overall, according to the Food Standards Agency’s (FSA’s) latest assessment of Britain’s number one cause of food poisoning.
Sainsbury’s 17.9% slump in underlying pre-tax half year profits to £308M reveals the challenges facing the whole food industry, according to a leading retail analyst.
British consumers will fill Tesco with festive cheer this Christmas as it looks set to be the top choice among consumers for seasonal food and drink, according to e-commerce firm Webloyalty.
The UK’s “damaged food supply chain” has proved the biggest casualty of supermarket price war, warns business recovery specialist Begbies Traynor, as it notes stability returning to the struggling UK grocery sector and their food and drink manufacturing...
Food and drink manufacturers must respond to a “huge cultural shift” in consumer behaviour towards own-label products, according to grocery think tank IGD ceo Joanne Denney-Finch.
Morrisons must sell off its manufacturing sites to be competitive after having already agreed to offload its convenience business, according a leading analyst.
2 Sisters Food Group (2SFG) revealed plans to step up control of campylobacter with techniques such as secondary scalding, after the Food Standards Agency (FSA) reported 73% of supermarket chickens tested positive for the food bug.
Morrisons has refused to confirm or deny reports it could be in buyout talks after its shares spiked by 5%, following speculation of a UK supermarket takeover by a South African businessman.
Chilled and frozen snack foods firm SK Chilled Foods is investing £1M and creating dozens of new jobs, with the upgrade of its Teesside production plants to meet growing demand for its products.
Amazon’s plan to dominate fresh food delivery in the UK could be flawed if it follows its US model too closely, a leading food chain consultant has warned.
Food waste reduction by manufacturers and households needs to be the focus of attention since they are the biggest culprits, rather than supermarkets, the British Retail Consortium (BRC) director of food policy Andrew Opie has argued.
Morrisons boss David Potts has firmly taken charge of the business, introducing key changes to put the retailer firmly back on the road to recovery, according to City analyst Shore Capital.
Morrisons boss David Potts has continued to rebuild the retailer’s senior management team, after the exit of more than half the previous board, with the appointment of former Tesco executive Gary Mills as group retail director.
New product lines at Greencore’s Northampton factory helped the manufacturer boost revenue from its UK food-to-go division by 4% on a like-for-like basis in third-quarter results for the 13 weeks to June 26.
So we have a response from the Competition and Markets Authority (CMA) to Which?’s ‘Super Complaint’ about the issue of misleading pricing practices in the grocery market.
Cranswick will pump £28M into its pork manufacturing facilities to secure new US contracts and boost international sales after achieving revenues of £1bn this year, according to City analysts.
Morrisons has been advised to make more of its food manufacturing links by a business recovery specialist, who warned retailers could ditch their suppliers after diversifying into food production.
The Co-operative’s plans to open 200 new convenience stores and recruit 3,000 extra staff can only be good news for food and drink manufacturers, a spokesman has said.
Food suppliers have been warned the retail landscape is set grow “even bleaker” and price slashing is “here to stay”, in a new report from a business recovery specialist.
Food manufacturers would gain greater control over their supply chains by embracing E-commerce and optimising their back office systems, experts have claimed.
Few supermarket suppliers are adequately trained in the Groceries Supply Code of Practice (GSCOP), limiting their ability to use the full force of the law that’s there to protect them against retailer mistreatment, it has been revealed.
Supermarkets appear to be treating their suppliers a little better over the past year, according to a survey conducted by the Groceries Code Adjudicator (GCA) Christine Tacon.
Morrisons boss David Potts has boosted the ailing retailer’s sales and market share for the first time since December 2011, after heading the business for just four months.
