All articles by James Thompson – Page 6
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News
Wal-Mart’s savings in China to trigger supplier squeeze
International retailers sourcing from China are expected to place greater demands on manufacturers this year, as Wal-Mart said improved productivity from its Chinese suppliers is offsetting rising costs in the country.
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News
Asda could carve up Somerfield
Asda is sounding out potential partners for a carve up of 900-store local grocery chain Somerfield, according to the Daily Telegraph .
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Opinion
It might not be Easy, but Tesco will get there in the end
Tesco went on the offensive this week after broker Piper Jaffray lambasted US customers’ reactions to the grocer’s fledgling Fresh & Easy convenience store format.
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News
PM calls for plastic bag ban
Prime Minister Gordon Brown has pledged to introduce legislation if necessary to impose a minimum 5p charge on supermarket plastic bags.
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News
Tesco demands retraction from Guardian over tax claims
Tesco has demanded that the Guardian newspaper make a full retraction and apologise over allegations published this week that it has avoided paying a 1 billion tax charge.
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News
John Lewis sales back in positive territory
John Lewis sales crept back into positive territory for the week to February 23, while stablemate supermarket chain Waitrose delivered a powerful set of figures.
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News
M&S to expand in Greece and Balkan states
Marks & Spencer has signed a joint venture with Marinopoulos Group worth €50 million ( 37.9 million) to open 50 stores in Greece and the Balkan states.
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News
Sainsbury’s names strategy director
Sainsbury’s has appointed a strategy director to accelerate its growth.
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News
Tesco plans Argos-style zones for Homeplus stores
Tesco is to launch a mini Argos-style service inside its non-food Homeplus stores this year, firing another warning shot across the bows of its catalogue giant rival.
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News
MP lambasts Tesco’s alcohol ‘PR gimmick’
A high-profile Labour MP has slammed Tesco’s call for a law to ban the sale of cut-price alcohol, as other large retailers launched their own proposals this week.
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News
Waitrose begins roll-out of new look after trial success
Waitrose has started rolling out design elements of its new store format after a strong performance from its two debut shops.
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News
Londis to invest in pricing and infrastructure after challenging year
Musgrave has unveiled a series of measures to improve the performance of its Londis convenience store chain.
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News
Consumer spending slows sharply in Q4
Consumer spending in the fourth quarter of 2007 almost ground to a halt, confirming retailers’ worst fears, according to the Office for National Statistics.
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News
Tesco denies tax evasion claims
Tesco has denied allegations that is has created an elaborate corporate structure involving offshore tax havens that enables it to avoid paying tax of up to 1 billion on profits from the sale of its UK properties, according to the Guardian newspaper.
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News
Budgens hires sales director
Grocery group Musgrave GB has hired Andrew Mounsey as Budgens sales director.
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News
Somerfield returns to profit
Up-for-sale grocer Somerfield made pre-tax profits of 26.4 million for the year to April 28 2007, after a loss of 118.1 million the previous year.
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News
Tchenguiz to sell share in Tesco joint venture
Property entrepreneur Vincent Tchenguiz is poised to sell his share in a joint property venture with grocery giant Tesco.
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News
Tesco opens 50th Fresh & Easy in the US
Tesco opened its 50th Fresh & Easy Neighborhood Market in the US this week
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News
John Lewis weekly sales 'toughest in recent memory'
Department store John Lewis suffered awful sales for the week ending February 16, as the retail slowdown finally caught up with one of the sector's best-performing chains.
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News
Grocery competition flourishing, Verdict finds
Competition in the grocery sector is flourishing, backing up a key finding of the Competition Commission’s inquiry, according to Verdict.