Sep 17, 2018 | News, Retailing
It has been widely reported that Tesco will unveil a new discount chain named Jack’s on Wednesday 19th September. Named after founder Jack Cohen, Jack’s is expected to be unveiled by the supermarket’s chief executive Dave Lewis in Chatteris, Cambridge on Wednesday ....
Sep 17, 2018 | News, Retailing
Lidl UK has announced the purchase of its 17th distribution centre, which could lead to as many as 500 new jobs once operational. The supermarket has purchased a 38-acre site in Gildersome, Leeds, for a new regional distribution centre (RDC). The RDC joins an existing...
Sep 14, 2018 | News, Retailing
Food retailer Co-op has seen a like-for-like sales boost of 4.4%, and is now enjoying its 18th consecutive quarter of like-for-like sales growth. Sales have increased by 10% to £5bn, and Co-op says this is driven by a strong food sales performance along with the...
Sep 13, 2018 | News, Retailing
The John Lewis Partnership, which owns Waitrose, has announced a 98.8% dip in half-year profits to £1.2m for the six months to 28th July. The partnership has said the pressure on gross margin has predominantly been from its commitment to maintain price...
Sep 13, 2018 | News, Retailing
Results for the half year to 5th August show Morrisons sales soaring, with like-for-like sales up by 4.9% and total revenue up by £8.8bn including a contribution of 0.3% from net new space. Debt is down from a peak of £2.8bn to £929m and cumulative free cash flow is...
Sep 13, 2018 | Awards, Food Equipment & Services, Food Packing, News, Retailing
Now is the final chance to enter products into the FMT Food Industry Awards, with the closing date of this weekend fast approaching. Companies can nominate products free of charge online in the following nine categories: • Most Innovative Packaging Development • Best...
