Retail news
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Asda and Sainsbury’s in fresh fuel battle
- Posted:
- 28 June 2011 09:35
Asda sparked off another battle in the supermarket fuel price war today by knocking a further 2p a litre off the cost of its petrol and diesel.The company said that from tomorrow morning drivers filling up at Asda will pay no more than 128.7p a litre for petrol and no ...read more
Asda loses market share as customers cut back
- Posted:
- 22 June 2011 10:16
Asda has been hardest hit by shoppers cutting back and spending more in no-frills supermarkets such as Aldi and Lidl, new research suggests.The Wal-Mart owned supermarket, which yesterday announced Simon King its deputy chief executive had stepped down with immediate effect, saw its share of the UK grocery market drop ...read more
Shock as food sales plummet
- Posted:
- 17 June 2011 09:29
Rising prices and weak demand caused sales volumes in Britain's food stores to slump more than 3% over the last year.In reporting a bigger-than-expected drop in month-on-month volumes of 1.4% for the whole retail sector, the Office for National Statistics (ONS) said supermarkets, electrical goods and DIY stores appeared to ...read more
Early summer brings success for Sainsbury’s
- Posted:
- 15 June 2011 09:59
Sainsbury's hailed a solid sales performance in a challenging environment today as it benefited from Easter, the royal wedding and record-breaking warm weather.The UK's third biggest supermarket recorded 1.9% sales growth excluding fuel and the impact of new stores but including VAT in the 12 weeks to June 11th. Tesco ...read more
PM enlists retailers to act against "pornification" of children
- Posted:
- 06 June 2011 09:49
David Cameron has said he will summon retailers, along with advertisers, broadcasters, magazine editors, video games and music industry chiefs and regulators for a summit in October to discuss progress in a campaign against what campaigners have dubbed the "pornification" of children. The measure is among the recommendations of a ...read more
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