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Friday 27 March 2015

Retail

Tesco names new chairman

Tesco has appointed Dixons Carphone deputy chairman John Allan to lead its board of directors after the departure of Richard Broadbent.

Wednesday, February 18th, 2015 No Comments »

Tesco gives £2m payout to former execs

Tesco has agreed to pay its former CEO and CFO over £2 million in “damages” after they stepped down in October following the company’s profit scandal.

Tuesday, February 3rd, 2015 No Comments »

Tesco plans to slash drinks range

The UK’s biggest supermarket and drinks retailer Tesco is planning to cut its range of wine, beer and spirits by a third, according to reports.

Monday, February 2nd, 2015 No Comments »

New retail standards guide published

An “unprecedented” new body combining the drinks trade and retailers has published its first set of guidelines on alcohol standards in retail.

Friday, January 16th, 2015 No Comments »

Morrisons CEO latest victim of price war

The board of UK supermarket Morrisons has voted to oust its CEO after the retailer performed the worst of the big supermarkets over Christmas.

Tuesday, January 13th, 2015 1 Comment »

Tesco profit warning sees stocks dive

Tesco is predicting its full-year profits will be £400-800 million below market expectations, prompting its stock price to nosedive by 16%.

Tuesday, December 9th, 2014 No Comments »

Minimum unit pricing push in NI

Northern Ireland health minister Jim Wells has said he plans to bring in minimum unit pricing, with plans for a public consultation in the new year.

Wednesday, December 3rd, 2014 No Comments »

UK wine market split in two

The UK wine market has split into two distinct tiers of consumers: those who splash out and those who are drawn to deep discounts, according to a new report.

Tuesday, December 2nd, 2014 No Comments »

Craft beer and spirits fuel Majestic growth

Rather than fine wine, craft beers and spirits are driving growth at Majestic, with sales of small batch beers and spirits up 164% on last year at the UK retailer.

Tuesday, November 18th, 2014 No Comments »

TWE boss bites back against small retailers

Chief executive Michael Clarke has retaliated against criticism from small retailers, saying they are too quick to get upset when big outlets get better deals.

Monday, November 3rd, 2014 4 Comments »

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