Keyword » supermarket

Mike Coupe:
new chief executive at the supermarket
  (Photo:  )

Underlying profits and LFLs down at Sainsbury’s

Supermarket group Sainsbury’s this morning unveiled a 2.1% fall in like-for-like sales and said underlying profit had dropped by 6.3% to £375m.

Paul Sykes:
founder of Paul's Pies
  (Photo:  )

Pie firm strikes first supermarket deal

Paul’s Pies has secured its first supermarket listing in 20 Asda supermarkets.

Morrisons:
the loyalty card scheme will reach all of its supermarkets by Christmas
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Morrisons takes on discounters with loyalty card

Morrisons is to launch a new loyalty card scheme in a bid to climb back up the ranks in the supermarket battles. 

Dave Lewis:
new chief is dealing with the impact of the overstatement
  (Photo:  )

Financial Conduct Authority to investigate Tesco

Troubled supermarket giant Tesco is to be investigated by the Financial Conduct Authority (FCA) for overstating profits by £250m.

Mike Coupe:
Sainsbury's chief outlines future plans
  (Photo:  )

Sainsbury’s bullish despite drop in LFL sales

Sainsbury’s has seen a fall in like-for-like (LFL) sales, due to a “dynamic and fiercely competitive market”, according to the supermarket.

Alan Stewart, former finance director of Marks and Spencer, will start work today at Tesco
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Tesco’s financial officer is called in months early

Tesco has pushed forward the start date of chief financial officer Alan Stewart by more than two months, as he begins with immediate effect. 

Scottish referendum
Independent Scotland would mean higher food costs
  (Photo:  )

Asda's Andy Clarke: food costs will rise in an independent Scotland

Asda chief executive and president Andy Clarke has stirred up the Scottish referendum debate by advising a ‘yes’ vote next week (18 September) would force up food costs. 

The range will be stocked in the chilled free-from section
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Gluten-free brand scoops first major multiple contract

NO.G gluten-free brand has won its first major supermarket contract with Sainsbury’s. 

Tesco share price hits 11 year low

Tesco’s share price has continued to fall following its latest warning of the supermarket’s worsening trading performance.

Tesco cut trading profit

Tesco have cut its trading profit from £2.8bn to £2.4bn, following what it is calling ‘challenging trading conditions.’

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