All Supermarkets articles – Page 113
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NewsFinancial Conduct Authority investigates Tesco's profit overstatement
The Financial Conduct Authority (FCA) has kicked off a full investigation into Tesco’s profit overstatement of £250m.
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NewsBreakfast briefing: Retail news on eBay, Forever 21 and Tesco
Retail news round-up on October 1, 2014: eBay and PayPal to split next year; Forever 21 UK narrows full-year losses; Supermarket suppliers watchdog weighs into Tesco crisis.
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AnalysisAnalysis: Tesco tunes into multichannel transformation
As Tesco’s Building Tomorrow’s Tesco project takes off, Vishal Bansal is the engineer transforming the retailer’s multichannel operations.
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NewsSainsbury's issues '50p challenge' to staff to encourage customers to spend more
Sainsbury’s has issued a ‘50p challenge’ to its staff, urging them to encourage customers to spend an extra 50p per shopping trip until the year-end.
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NewsTesco lines up £2.5bn war chest to protect it from ratings downgrades
Tesco has secured a £2.5bn revolving credit facility to protect it against the impact of possible ratings downgrades, following last week’s profits crisis.
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AnalysisAnalysis: Seven ways to change company culture following Tesco crisis
Following Tesco boss Dave Lewis’s email to staff calling for a “change in our culture”, Retail Week speaks to experts about what the grocer needs to do.
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NewsBreakfast briefing: Retail news on consumer confidence, Tesco and Apple
Retail news round-up on September 30, 2014: Consumer confidence falls in September, Tesco signed £2.5bn credit facility and Apple could be fined for potentially illegal tax deals in Ireland
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NewsFormer Morrisons treasurer Paul Coyle charged with insider trading
The Financial Conduct Authority (FCA) has charged Morrisons’ former group treasurer and head of tax Paul Coyle with insider trading.
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NewsCarrefour Spain gives VAT discounts to young people
Carrefour Spain has launched a new discount that gives young people VAT discounts on fresh food.
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AnalysisTimeline: How Marks & Spencer has innovated over the past century
M&S has gathered together some of its best ideas of the last 130 years as it prepares to launch a course on commercial innovation with Leeds University.
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NewsTesco whistleblower's concerns over £250m profit overstatement initially ignored
Initial warnings from the whistleblower who revealed a £250m profit overstatement at Tesco were ignored, it is understood.
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GalleryStore gallery: How the hypermarket store format succeeds in France
French hypermarkets offer lessons to British retailers with large stores. How do they do it? Retail Week reports from Calais.
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NewsAldi says price war has played into its hands as sales and profits surge
Aldi has revealed surging full-year sales and profits and claims that the grocery price war has played into its hands.
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InterviewInterview: Aldi bosses on how the discounter is shaking up UK grocery
Aldi’s disruptive model has led to an historic structural shift in grocery. And it’s only just getting started.
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NewsSupermarkets face 'harsh reality' as spend drops 1.6%, Nielsen reports
Spend at the UK’s five biggest supermarkets fell 1.6% year on year in September as Tesco recorded the biggest fall in sales in the last 12 weeks, according to Nielsen.
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AnalysisAnalysis: Why Sainsbury's has cut prices and changed Brand Match
Sainsbury’s has stopped comparing branded goods prices with Tesco and slashed prices, but will it be enough to stop customers switching to Asda and discounters?
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NewsTesco former finance director McIlwee to get £1m payoff next week
Tesco’s former finance director Laurie McIlwee is to receive a £1m payoff next week despite an investigation into the £250m black hole in its profits.
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NewsSainsbury's cuts thousands of prices and focuses Brand Match on Asda
Sainsbury’s is lowering the prices of products across grocery, in the first move on price that new boss Mike Coupe has made since taking over.
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NewsTesco executives could be hauled before MPs over profit error
Tesco executives could be questioned by MPs about its overstated profit forecast, chairman of the Parliamentary Business Committee Adrian Bailey said.
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NewsSainsbury’s axes Tesco from Brand Match and targets Asda as “value benchmark"
Sainsbury’s is to remove Tesco from its Brand March price comparison scheme from next month as it targets its efforts against Asda instead.