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The largest UK retailers all have a different outlook on how IT can best serve their corporate needs, ranging from relatively small annual expenditures from firms such as Waitrose and ASDA to mammoth investments in technology by Sainsbury’s and Tesco. According to the Martec poll among UK retailers and their IT expenditures, most firms have [...]
(Read More)16th Aug 10
M&S India chief jumps ship for Hypercity
by Natasha Redman
Marks and Spencer India chief executive Mark Ashman has left M&S in order to take a position at Hypercity, a firm which sells UK rival Waitrose’s products throughout the country. Mr Ashman will officially begin his new chief executive duties at Hypercity, the fastest growing retail chain in India, in the autumn. Hypercity has a [...]
(Read More)4th Aug 10
Suppliers get watchdog protection against powerful grocers
by Harry Oldfield
Supermarket suppliers will have protection against bullying from the 10 largest supermarket firms in the UK, as the Groceries Code Adjudicator (GCA) has announced that it will be monitoring the supermarket giants in regards to unethical behaviour in its dealings with product suppliers. The GCA said that it will watch all 10 firms whose turnover [...]
(Read More)25th May 10
Marks and Spencer first in UK to sell Fairtrade vegetables
by Sally Davies
Marks and Spencer has become the first UK retailer to offer Fairtrade-Foundation certified vegetables at its many stores around the country. The first products to be sold at M&S will be green beans from Kenya, although the company hopes many other vegetables will soon follow. A spokesperson for M&S said that the company is proud [...]
(Read More)24th May 10
Marks and Spencer to report mild profit increase
by Harry Oldfield
Marks and Spencer is expected to report a meagre 4 per cent profit increase, although the showing is a dramatic change from the losses reported during the same period last year. While the £628 million in profits is a major success compared to the 40 per cent decrease seen last year, the slow rate of [...]
(Read More)10th Dec 09
Tesco confident after sales increase
by Sally Davies
The largest supermarket in the UK has reported signs of increasing consumer confidence after it posted an increase in like-for-like sales of 2.8 per cent. Tesco has said that rise in sales in the last three months ending in November revealed an encouraging trend towards shoppers returning to normal spending habits. Even though the supermarket [...]
(Read More)6th Nov 09
Waitrose announces the launch of new beauty range
by Katie Naylor
Waitrose is broadening its Essential range with the release of basic beauty products which including shampoo and soap. The haircare, skincare and bath and shower range would include cleansing facial wipes, bath crème, shower gel, soap bars, shampoo, conditioner and hand soap. Products use ingredients and scents such as, olive, jojoba, chamomile, vanilla, ginger and [...]
(Read More)9th Jul 09
Waitrose opening first Glasgow store
by Adam Richards
www.waitrose.com Waitrose, the UK’s up-market supermarket chain, is expanding its operations in Scotland with the opening of its first Glasgow store. The retailer currently has two branches in the country, both of which are in Edinburgh, and were acquired in 2006 from Somerfield.
(Read More)29th Jun 09
Waitrose sees jump in sales after essentials range launch
by Katie Naylor
www.waitrose.com In the four week period to 13 June, Waitrose, the upmarket UK supermarket chain saw its sales rise by 8.4 per cent, following the introduction of its own-brand range of grocery items, according to the market research firm Nielsen. Waitrose, which is a unit of the John Lewis retail group, launched the essentials range [...]
(Read More)