Oct 12, 2018 | News, Retailing
The owner of café chain Patisserie Valerie has confirmed its finance director Chris Marsh was arrested last night (11th October) after allegedly “significant, and potentially fraudulent, accounting irregularities” were uncovered. Patisserie Holdings plc...
Oct 10, 2018 | News, Retailing
Tesco is set to remove over a hundred more best before dates from its fruit and vegetables, as customers say it helps them reduce food waste. Newly commissioned research reveals 69% of customers believe scrapping best before dates is a good idea. Research shows 53% of...
Oct 4, 2018 | News, Retailing
Tesco’s latest results reveal group sales have hit £28.3bn and are up 12.8%. The UK and Republic of Ireland are driving the positive figures, with sales up 3.8%. However, Central Europe LFL sales declined by 1.5% and the retailer states this is due to the impact of...
Oct 1, 2018 | News, Retailing
Aldi has announced ‘record’ results for its last financial year, with 1.1 million British shoppers reportedly swapping to the discount retailer. Sales in the UK and Ireland rose 16.4% to £10.2bn in the year to 31st December 2017 – a higher growth rate than the...
Oct 1, 2018 | News, Retailing
The merger of Sainsbury’s and Asda could damage supermarket competition in 463 areas, the competition watchdog has warned. The Competition and Markets Authority (CMA) believes there could be a ‘substantial lessening of competition’ if they were ‘insufficiently...
Sep 27, 2018 | Brexit, Frozen Foods, Ingredients, News, Retailing
Failing to reach a Brexit deal could cost food retailers and the supply chain £9.3 billion, according to a new Barclays Corporate Banking report. The new Barclays report, Scale, Disruption and Brexit – a new dawn for UK food supply chains? shows that in a no-deal...
