Carrefour to Replace Chief Executive »

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By Laura Elliott. French retail giant Carrefour is in the final stages of negotiations to replace Lars Olofsson, its current Chief Executive, with veteran French retailer Georges Plassat. The news follows months of turmoil at the world’s second-largest retailer. Mr Plassat, head of privately-owned retailer…

Jan 26 2012 / 1 Comment / Read More »

Asda Congratulated by the Prime Minister – But was it Justified? »

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By Laura Elliott. Walmart-owned supermarket chain Asda has just announced that it plans to create 5,000 new jobs across the UK this year. The retailer has become the latest supermarket to claim that it aims to help offset the rise in unemployment in the UK.…

Jan 24 2012 / 2 Comments / Read More »

Morrisons Still Competing for Iceland »

By Laura Elliott. UK retail chain Morrisons and a number of private equity firms are among the groups that this weekend are considering making a bid for  as much as £1.5bn for Iceland Foods, the up-for-sale frozen food specialist. Five competing parties, including Bain Capital…

Jan 24 2012 / 1 Comment / Read More »

Tesco to Charge Customers Based on Income »

By Laura Elliott. Struggling supermarket giant Tesco is considering new plans to tailor its prices according to how affluent an area their stores are located in. The new pricing strategy will see customers in poorer areas pushed to buy items from the Tesco Value range,…

Jan 23 2012 / 1 Comment / Read More »

Tesco to End Home Plus »

By Laura Elliott.  Tesco supermarket is understood to be close to discontinuing its stand-alone furnishing chain Home Plus as it regroups and focuses on its core grocery business. The retailer, which has 2,700 stores in the UK, is keen to exit leases it holds on…

Jan 23 2012 / 1 Comment / Read More »

Tesco Bosses Take Advantage of Shares Dive »

By Laura Elliott. Following the plummeting value of shares in UK supermarket giant Tesco, it has emerged that another director at the retailer has picked up shares. This comes just days after a profits warning knocked their price down by nearly 20 per cent. Non-executive…

Jan 21 2012 / 2 Comments / Read More »
private label

Tesco to Charge Customers Based on Income »

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By Laura Elliott. Struggling supermarket giant Tesco is considering new plans to tailor its prices according to how affluent an area their stores are located…

Jan 23 2012 / 1 Comment / Read More »

Fresh Produce

Sainsbury’s Unveils New Christmas Wine

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By Laura Elliott. If, like most people, you aren’t sure which wine to drink with your Christmas turkey dinner, then Sainsbury’s has solved your problem. Recent research has…

Dec 16 2011 / Read More »

First a Bird, Then a Tooth… Now a Snail for Tesco

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By Laura Elliott. It seems that UK supermarket giant Tesco needs to pay closer attention to its packaging system. Following earlier reports this month of a dead bird…

Dec 9 2011 / Read More »

The Cork is Popped on Tesco’s Lightweight Champagne Bottles

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By Laura Elliott. Tesco, the UK’s largest retailer, is to start selling De Vallois Champagne in 830g bottles designed to reduce carbon emissions and glass waste. UK retailers…

Dec 7 2011 / Read More »

Tesco Stocks Record-Breaking Cheese

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By Laura Elliott. UK Supermarket giant Tesco has launched the hottest cheese ever to be sold in Britain. The new brand is reportedly fifty times hotter than a…

Dec 1 2011 / Read More »
Supermarkets

Carrefour to Replace Chief Executive

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By Laura Elliott. French retail giant Carrefour is in the final stages of negotiations to replace Lars Olofsson, its current Chief Executive, with veteran French retailer Georges Plassat.…

Jan 26 2012 / Read More »

Asda Congratulated by the Prime Minister – But was it Justified?

N0085451327336932152A

By Laura Elliott. Walmart-owned supermarket chain Asda has just announced that it plans to create 5,000 new jobs across the UK this year. The retailer has become the…

Jan 24 2012 / Read More »

Morrisons Still Competing for Iceland

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By Laura Elliott. UK retail chain Morrisons and a number of private equity firms are among the groups that this weekend are considering making a bid for  as…

Jan 24 2012 / Read More »

Tesco to Charge Customers Based on Income

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By Laura Elliott. Struggling supermarket giant Tesco is considering new plans to tailor its prices according to how affluent an area their stores are located in. The new…

Jan 23 2012 / Read More »
Europe

Carrefour to Replace Chief Executive

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By Laura Elliott. French retail giant Carrefour is in the final stages of negotiations to replace Lars Olofsson, its current Chief Executive, with veteran French retailer Georges Plassat.…

Jan 26 2012 / Read More »

Carrefour’s Struggling Profits

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By Laura Elliott. French retail group Carrefour SA, the world’s second-largest retailer, has announced that profit in 2011 was at the lower end of its reduced forecast range,…

Jan 19 2012 / Read More »

Carrefour Sells Millions in Property

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By Laura Elliott. French retail giant Carrefour, recently dragged down by profit warnings and shaken investor confidence, has sold 365 million euros in property assets. The retailer said…

Dec 28 2011 / Read More »

Carrefour Seeking New Executive?

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By Laura Elliott. Despite media reports that Carrefour’s Chief Executive Lars Olofsson may be asked to leave and will shortly need a replacement, the French retail giant has…

Nov 26 2011 / Read More »

Another Carrefour Executive Gone

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By Laura Elliott. Another one of French-retailer Carrefour’s most senior executives has resigned amidst the supermarket chain’s struggle to revive faltering sales and reshuffle its management. Pascal Duhamel,…

Nov 18 2011 / Read More »
Hardware & DIY

Jaguar to open car factory creating 750 jobs

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Jaguar Land Rover (JLR) has confirmed plans to open a new factory on a site near Wolverhampton, West Midlands, which is estimated to create up to 750 jobs.…

Sep 20 2011 / Read More »

The Food Mile debate, Excel London 17 November ,Can Counting Food Miles do More Harm Than Good?

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For those of us trying to make more sustainable choices within our daily lives, the decision to buy local produce appears to be an obvious next step. The…

Sep 6 2011 / Read More »

DIY companies join forces to fight crime against business

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Homebase, B&Q and Travis Perkins, owner of the Wickes DIY chain, have formed The DIY and Building Trade Loss Prevention Forum in an attempt to prevent crimes committed…

Aug 23 2011 / Read More »

Lombok to be sold in pre-pack

Lombok to be sold

Furniture retailer Lombok is to be sold in pre-pack to its existing management and investors. Neil Bennett and Michael Healy from Leonard Curtis were appointed joint administrators this week…

Aug 16 2011 / Read More »

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