Morrisons has reported strong growth in sales in the first four
weeks of 2003 - lending more support to its case for offering the
best opportunity for growth for Safeway.
The local impact on competition, rather than the national market
share of each retailer, is likely to be the best way of assessing
the rival bids for Safeway, claims new research. But it also means
that a carve up of the Safeway business...
Only Morrisons can guarantee a better deal for both customers and
shareholders of Safeway because only its takeover bid would not
entail the break up of the Safeway group, claims Sir Kenneth
Morrison. Meanwhile, press reports suggest...
The UK's number one supermarket group Tesco has finally succumbed
to the temptation and is preparing a bid for Safeway - meaning that
all that four of the top five players in the UK market will now
slug it out for control of...
As expected, Wal-Mart, the world's largest retailer, has said it is
considering a bid for the UK's Safeway supermarket chain, and that
it is talking to the competition authorities about the implications
of such a bid. US...
The fate of Safeway, the UK's fourth-largest food retailer, still
hangs in the balance. An offer from smaller rival Morrisons was
accepted last week, but Britain's number two player, Sainsbury's,
has now trumped that...
The future of the UK's Safeway supermarket group has often been
linked to larger rival Asda, but it is in fact the smaller
Morrisons group which is to become the new owner of the chain. Such
a deal makes more sense, not least...
Safeway, the oft-maligned UK retailer, has posted a good set of
interim results, an indication, it claims, that its much-needed
revitalisation programme is paying off. This programme will
continue in the second half, with more new...
Analysts in the UK are only interested in highlighting things that
will lead to speculation about a possible takeover, rather than
looking at the company's true financial performance, according to
Safeway's chief executive...
Britain's top two food retailers, Tesco and Sainsbury, are at the
centre of a row over customer loyalty, with Tesco accusing its
rival of trying to lure away customers by offering them money-off
vouchers.
Britons want good, old-fashioned recipes and not the fancy food
prepared by celebrity chefs, at least according to a survey from
supermarket chain Asda, which is launching its own cook book.
Keeping customers loyal can be better achieved by offering them the
lowest prices rather than gimmicks such as loyalty card schemes,
according to Asda citing data from a new survey from NOP. Not what
Sainsbury wanted to hear as it...
A rumoured takeover bid for beleaguered food retailer Safeway by
larger rival Asda has been dismissed as speculation by both chains.
But Safeway's problems continue and an eventual buy out cannot be
ruled out entirely.
At the inaugural ASDA Awards ceremony for outstanding supplier
performance, the award for the Most Innovative Fresh Packaging was
won by Hoppers Farmhouse Bakery for its ovenable tray, packaging
in-store baked mince pies.
Sir Peter Davis, chief executive of Sainsbury's, the UK's second
largest supermarket group, said he was pleased with the group's
performance in the year to 30 March 2002, the first full year of
Sainsbury's recovery...
"Premium foods are the latest attempt by supermarkets to tempt
consumers," such were the vociferous words of the UK Consumer
Association (CA) this week.
The European Court of Justice will this week hear a case brought by
the Parma ham consortium against UK supermarket chain ASDA over
mislabelling Parma ham.
