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Sainsbury’s and Northern Foods are in a dispute which could mean unemployment for 234 employees. The two companies are at odds over investment proposals at the Northern Foods factory in Swansea. Northern Foods has plans for capital investment in the struggling Swansea factory, but only on the condition that Sainsbury’s will commit to continued produce [...]
(Read More)22nd Apr 10
Sainsbury’s milk bottles go green with 10 per cent recycled material
by Adam Richards
Sainsbury’s is now using 10 per cent recycled material in its milk bottles, the first step in its Milk Roadmap campaign. The company instituted the campaign in 2008, and has goals of using 30 per cent recycled material in its milk packaging by 2015, and 50 per cent by 2020. The recycled material comes largely [...]
(Read More)16th Apr 10
Milk bags flying off the shelves at Sainsbury’s
by Adam Richards
Two-pint bags of milk have been flying off the shelves at Sainbury’s after the supermarket giant saw double the expected sales since February. Weekly sales are now at 110,000 and account for 10 per cent of all sales of same-sized semi-skimmed milk purchases. At 80p, the plastic bags of milk are 6p cheaper than the equivalent [...]
(Read More)13th Apr 10
Long-term future bright for Sainsbury’s says Merrill Lynch
by Natasha Redman
Stock in Sainsbury’s rose 8.2p to 346.6p after financial experts at Bank of America Merrill Lynch touted promising long-term growth forecasts for the supermarket giant. The financial investment group claims that short-term forecasts aside, Sainsbury’s future earnings should fare well as the grocery market improves. The logic behind the announcement by Merrill Lynch comes from [...]
(Read More)17th Jun 09
Tesco posts best quarterly UK sales in two years
by Paul Russell
www.tesco.com Tesco, the third-largest of the world’s retailers, recently announced its best quarterly sales performance in Britain in two years, noting that it was closing in on the growth rates reported by its domestic competitors. On Tuesday, the company reported that first-quarter sales at its UK stores that had been open for at least a [...]
(Read More)4th Jun 09
Marks and Spencer most respected firm in Britain
by Harry Oldfield
www.marksandspencer.com High Street retail chain Marks & Spencer has been ranked as having the best reputation of any company in Britain. Celebrating its 125th year, Marks & Spencer was named the most reputable company in the UK this week, in a large-scale survey involving the top firms in the country. M&S bested major names ranging [...]
(Read More)25th May 09
Sainsburys and Marks and Spencer avocado war heats up
by Natasha Redman
www.sainsburys.co.uk The UK business world is embroiled in talks of takeovers and battles over who will become king of the high street, but two top retailers have turned their focus to the avocado. Both of the retailers – Sainsbury’s and Marks & Spencer – are trying their best to convince consumers that they epitomise “Britishness”, [...]
(Read More)30th Apr 09
Sainsburys ranked first in supermarkets over Easter
by Harry Oldfield
www.sainsburys.co.uk The UK’s big five supermarkets are engaged in an ongoing battle for market share, frequently changing position in the rankings, overtaking each other in turn. Over the recent Easter holiday, it appears that Sainsbury’s came out on top, according to the latest figures. Of the five largest British supermarket chains, Sainsbury’s showed the most [...]
(Read More)20th Apr 09
Tesco expected to announce one billion in weekly sales
by Paul Russell
www.tesco.com British retailed Tesco had its beginnings in a humble market stall selling leftover rations from World War I, back in 1919. It is now about to attain a milestone never before reached by a retailer in the UK when it announces that sales for the last 12 months exceeded £53 billion – or more [...]
(Read More)31st Mar 09
Expansion of Edinburgh shopping centre to create 500 jobs
by Paul Russell
www.camerontoll.co.uk As many as 500 jobs are expected to result from the expansion of one of Edinburgh’s main shopping centres, according to a report in The Scotsman. The Cameron Toll shopping complex is about to undergo a £25 million expansion progamme, according to the Irish investment fund which acquired the property last year.
(Read More)