All Somerfield articles – Page 3
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AnalysisGetting retail mergers right
Bringing two retailers together does not always ensure instant success or results. Mark Faithfull looks at the secrets of getting the process right
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NewsRobert Tchenguiz trust to hand over £137m Somerfield proceeds to Kaupthing administrators
A trust connected to investment tycoon Robert Tchenguiz has abandoned its legal fight to retain £137m of proceeds from the sale of grocer Somerfield.
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NewsCo-op’s Somerfield crisis
Confidential board report reveals plummeting sales in ex-Somerfield stores following 2009 deal
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NewsLloydspharmacy MD to leave retail for healthcare job
Lloydspharmacy boss Richard Smith is to leave in June to become chief executive of healthcare company Integrated Dental Holdings.
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AnalysisFive big questions for Asda’s new boss
Asda is finding trading tough but has big ambitions. As Andy Bond prepares to take a back seat, Jennifer Creevy looks at the big issues his successor will need to tackle to get the grocer back on track
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NewsRetailers among firms fined £225m for tobacco price fixing
Nine retailers are among 12 businesses fined £225m by the Office of Fair Trading for collusion on tobacco prices between 2001 and 2003.
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NewsSupermarket profile key for thriving Co-op
The Co-operative Group is to focus on building its profile in the small supermarkets sector, after it revealed underlying group operating profit surged 20% to £473m in the year to January 2.
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NewsAsda’s market share growth halted as Tesco hits back
Supermarket group Asda’s market share growth has come to halt after a fightback by Tesco, latest market share data shows.
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NewsCo-op reshuffles marketing and commercial teams
The Co-operative Group has shaken up its food management team following the acquisition of Somerfield.
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NewsCo-op reports Christmas like-for-likes up 5%
The Co-operative Group has reported a strong Christmas, with like-for-like sales up 5% including VAT and excluding fuel in the three weeks to January 2.
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NewsGrocery sales robust in December
Grocery sales were robust in December, up 6.7% in the four weeks to December 26 against the same period last year.
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NewsCo-op launches brand campaign
The Co-operative Group has today launched an advertising campaign to communicate the benefits of the merger of its food business with Somerfield.
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NewsCo-op and Somerfield launch £200m price war
The Co-operative and Somerfield have waded into the supermarket Christmas price war with the launch of a £200m promotional assault.
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NewsCo-op overhauls IT in Somerfield integration
Co-operative Group is to spend £25m on a project to fully integrate the Somerfield business, including major IT system changes.
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NewsGrocers slash plastic bag usage by 48%
Food retailers have almost halved the number of carrier bags distributed to customers, reducing their environmental impact.
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AnalysisTop 50 retailers: Retail’s premier league
It’s 18 months since Retail Week’s last look at the UK’s top retailers by sales and margins and much has changed in that time. Retail Knowledge Bank senior partner Robert Clark reports
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NewsWaitrose gives last-minute show of support for retail ombudsman
Upmarket grocery retailer Waitrose has given surprise backing to the campaign for a retail ombudsman.
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NewsSpar pushes new format for the UK as sales surge
Symbol group Spar opened its flagship Eurospar store in Broomhill, Sheffield, today as the company revealed gross sales in the year to April 30 jumped 11.6 per cent.
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NewsCo-op’s local format helps it secure record results
Co-operative Group has said its local format has helped it report record results, with operating profit before significant items up 11 per cent to £393m.
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NewsSainsbury’s gains market share as Easter promotions pay off
Sainsbury’s has grown market share and its growth rate has exceeded those of the other top supermarkets in the 12 weeks to April 19.