All articles by Hugh Radojev – Page 12
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News
Iceland invests £26m in slashing prices on 500 items
Frozen food specialist Iceland has invested £26m in slashing prices on 500 “weekly shop items” and in putting a third of its entire range into its “mix and match” multibuy offering.
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News
Nisa partners with on-demand delivery firm Just Eat
Nisa has launched a tie-up with Just Eat to launch an on-demand online delivery partnership.
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News
Burberry sales jump as core categories perform strongly
Luxury brand Burberry has reported a jump in sales, as core categories for the brand such as outerwear and leather goods performed well.
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News
Superdrug profits surge off the back of strong own-brand product performance
Superdrug has reported surging profits and sales off the back of improved footfall, successful own-brand product launches and a strong Christmas performance.
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News
Waitrose launches on-demand delivery service on Uber Eats
Waitrose has partnered with Uber Eats to launch a grocery delivery service on the platform.
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News
Morrisons to stock Savers products in c-stores
Morrisons has become the first supermarket chain to stock entry-level products on convenience store shelves.
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Interview
Interview: AllSaints boss Peter Wood has finally found the meaning of cool
AllSaints CEO Peter Wood talks to Retail Week about the secrets of fashion success, thriving as a British brand overseas and his IPO dreams
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News
Morrisons closes Bradford packing plant putting 450 jobs at risk
Morrisons plans to close a packing plant in its home city of Bradford as part of cost-cutting measures, putting 450 jobs at risk.
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News
Competition watchdog fines Asda for failing to comply with fuel inquiry
The Competition and Markets Authority (CMA) has fined Asda £60,000 and named Morrisons for targeting higher fuel margins, as it sets out its plan to drive down fuel prices.
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News
Mulberry rebuffs Sports Direct Ashley’s boardroom bid
Luxury fashion brand Mulberry has rejected a bid from Mike Ashley to join its board of directors, as the former Frasers chief executive continues to hoover up stakes in various retailers.
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News
Tesco appoints City veteran to replace John Allan as chair
The UK’s largest grocer Tesco has hired Burberry chair Gerry Murphy to replace John Allan, who stepped down from the retailer after allegations of inappropriate behaviour.
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Analysis
Exclusive survey: 75% of consumers believe supermarkets profiteering
Despite the protestations of the big supermarkets about falling profits and investment in price, our new consumer survey shows that shoppers feel grocers are profiteering during this ongoing period of high inflation
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News
Ocado slashes prices on more than 100 grocery products
Pureplay grocer Ocado has cut the prices on over 100 everyday essential items by up to 25% across a range of own-brand and Marks & Spencer items.
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Analysis
How did supermarket bosses fare in the glare of Westminster spotlight?
In a public forum designed to intimidate and pressurise, the traditional big four supermarkets more than held their own, but the spectre of further scrutiny looms
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News
Exclusive: Customers believe supermarkets are more guilty of profiteering than banks
Shoppers believe supermarkets are more guilty of “profiteering” during the cost-of-living crisis than banks, according to new research.
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News
Grocery bosses to point to dwindling profits ahead of grilling by MPs
The traditional big four grocers are preparing to point to dwindling profits as a result of increased costs to head off accusations of profiteering at tomorrow’s crunch price summit.
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News
Hotel Chocolat warns on profits as inflationary pressures bite
Specialist retailer Hotel Chocolat has issued its second profit warning of the year, blaming ongoing inflationary pressures and softening consumer sentiment.
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News
Sainsbury’s extends Nectar Prices to fresh fruit and vegetables
Grocery giant Sainsbury’s has expanded its Nectar Prices offer to include some products across its fresh fruit and vegetable ranges.
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News
Boohoo drafts in beauty retail specialist to join Revolution Beauty coup
Boohoo has this morning proposed a third new member for Revolution’s board, despite the beauty retailer slamming its attempted boardroom coup yesterday and labelling the fashion pureplay’s approach as “value-destructive, opportunistic and self-serving”.
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News
Grocery inflation hits ‘lowest level this year’ but still at 16.5%
Grocery price inflation has fallen to its lowest level this year, but is still at the sixth-highest monthly figure recorded since 2008.