Retail news
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Co-op employee in £1 million Christmas payday
- Posted:
- 16 December 2009 09:55
A shocked Co-op employee was mistakenly paid over £1 million in wages due to an error at the company. Stephen Foster discovered the blunder when his pay slip showed the firm had paid him £1.4 million, resulting in his bank account rocketing to £800,000. However, rather than leaving the country, ...read more
Scottish supermarket adds 13 new sites
- Posted:
- 02 December 2009 10:05
Supermarket retailer Haldanes Stores has announced the acquisition of 13 new outlets across the UK as its expansion plans kick into gear. Haldanes has taken over a number of sites sold by the Co-operative Group following its £1.6 billion Somerfield buyout and these latest acquisitions will extend its portfolio to ...read more
Tesco grows market share
- Posted:
- 11 November 2009 09:39
Tesco has seen its first increase in market share for almost two years according to industry figures. Research from TNS Worldpanel into the grocery market in the 12 weeks to November 1st revealed that Tesco took 30.7% of the market, ahead of the 30.6% recorded a year earlier. The firm's ...read more
Co-op food sales soar
- Posted:
- 13 October 2009 09:25
The Co-operative Group, now the country's fifth largest food retailer after its acquisition of Somerfield, has reported strong comparable sales growth at its convenience stores. Like-for-like food sales soared by 7.3%, excluding VAT and fuel and boosting first half group profits by 17% to £229 million. Tesco recently reported a ...read more
Sainsbury’s exec picks up Woman of the Year award
- Posted:
- 17 September 2009 10:10
Gwyn Burr, customer services director at Sainsbury's has been named Woman of the Year at an awards ceremony celebrating the achievements of women in the retail sector. Ms Burr, from Yorkshire, was also nominated in the Leader of the Year category at the Specsavers everywoman in retail awards 2009 held ...read more
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