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  • ‘Big four’ hit by falling consumer spend per visit – Nielsen

    ‘Big four’ hit by falling consumer spend per visit – Nielsen

    According to new figures from Nielsen, sales at the UK’s leading supermarkets for the four weeks to 11 October 2014 were down 1.5% on last year, with sales volumes falling 1.1%. Nielsen said the average shopper spend-per-visit at the big four supermarkets has now fallen 5% on last year, to £24. Of the five biggest supermarkets, the [...]

    📅October 24, 2014

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  • “Huge opportunity” in convenience lies ahead – IGD

    “Huge opportunity” in convenience lies ahead – IGD

    According to IGD’s latest ShopperVista research, significant growth opportunities lie ahead for convenience stores, which were found to now be visited on average 12 times a month. IGD said convenience is already the second-largest grocery channel and forecasts that by 2019 it could account for nearly a quarter (24%) of food and grocery sales. Together, convenience, [...]

    📅October 24, 2014

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  • 35% admit to stealing small grocery items, survey finds

    35% admit to stealing small grocery items, survey finds

    According to new research conducted by Vouchercloud.com, 35% of British adults have admitted to stealing small grocery items from shops, with pick ‘n’ mix sweets top of the items most likely to be stolen. The research polled 2,083 UK adults as part of ongoing research into the socio-economic behaviour of the British public. Responding to the question: [...]

    📅October 24, 2014

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  • Booths launches food waste initiative

    Booths launches food waste initiative

    Food and wine retailer Booths has teamed up with the Lancaster and District Homeless Action Service (LDHAS) to help tackle food waste. The pilot scheme takes in food donations from Kirkby Lonsdale, Milnthorpe, Carnforth, Scotforth and Torrisholme stores, delivering edible food waste to the local homeless charity. Colin Porter, customer experience development manager at Booths, said: “Booths [...]

    📅October 24, 2014

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  • Tesco chairman to step down as profits plunge

    Tesco chairman to step down as profits plunge

    Tesco has announced that chairman Sir Richard Broadbent is to step down, as the retailer reported profits were overstated by £263m. The figure is higher than the £250m reported last month, and has resulted in the retailer posting a 92% fall in first-half profits. Tesco said Deloitte had now carried out a review into its accounting errors, which [...]

    📅October 23, 2014

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  • Retail costs holding back employment expansion

    Retail costs holding back employment expansion

    According to the BRC-Bond Dickinson Retail Employment Monitor for October, the number of full-time jobs fell by 1.3% in the third quarter of 2014 compared with the same period last year. Over the same period, the number of outlets rose 2.9%, while the average number of full-time equivalent staff per store fell to a record low [...]

    📅October 23, 2014

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