It looks likely that Somerfield might be forced by the UK's
competition regulator to sell 14 of the 100 former Safeway stores
it purchased from Wm Morrison, a move that might provide a modicum
of relief to food processors under...
Britain's food retail sector is becoming increasingly price
focused, with groups such as Tesco and Asda leading the move
towards every day low pricing (EDLP). But recent research from UK
think tank IGD suggests that companies...
British high street retailer Somerfield has rejected the initial
advances of Icelandic group Baugur, but the possibility of a formal
offer - and an eventual link up with the Iceland chain - remains on
the cards, provided Baugur comes...
Somerfield, the British retail group, continues to struggle with
its Kwik Save unit, acquired in 1998. The company has taken a long
time to find the right trading format for the discounter and
recently took the decision to close or...
For Britain's retailers, 2004 was a mixed bag, with the resolution
of the Safeway takeover ending with victory for Morrisons, a
startling decline in fortunes for Marks & Spencer and Sainsbury
and the continuing domination...
Consumers' health could be at risk depending on where they shop and
how much money they earn, a bleak assessment by the National
Consumer Council of the current state of healthy eating promotions
in many of Britain's leading...
J Sainsbury, the UK's third largest food retailer, has continued
its move into the convenience store sector with a third acqusition
this week. But is this really the answer to the questions about the
ailing company's long-term...
Exceptional charges relating to a major overhaul of its UK business
took their toll on first half sales at Uniq, the chilled foods
group - and the firm is now looking increasingly vulnerable to a
takeover from stalking horse, Duke...
Tesco, Britain's number one food retailer, and J Sainsbury, the
third largest supermarket operator, have streamlined their milk
supply operations, reducing the number of suppliers from three to
two. The moves echo a similar streamlining...
Tesco strengthened its position as the leading grocer in the UK in
the last quarter, with sales growth more than twice that of its
nearest rival Asda. Upmarket retailer Waitrose also showed
excellent growth, while Morrisons continued...
J Sainsbury, Britain's third largest supermarket group, has warned
that pre-tax profits are likely to be below forecasts this year as
the company slashed its margins to compete with lower-priced
rivals. The warning, coming at...