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Tesco chief slams ombudsman plans

Government plans to introduce a watchdog to settle disputes between supermarkets and suppliers could hurt consumers, the chief executive of Britain's biggest grocer, Tesco, told the Financial Times in an interview. The competition watchdog asked the government last year to...

ColorPlus goes live with Lawson Fashion PLM

Lawson Software (Nasdaq: LWSN) announced that ColorPlus, a premium Indian casual wear brand, has gone live with the Lawson Fashion Product Lifecycle Management (PLM) solution. Lawson Fashion PLM is a comprehensive product design and development tool for retailers and...

Tesco posts robust sales

The supermarket chain Tesco’s UK sales rose 4.3 per cent like-for-like, with an additional 2.8 per cent coming from new stores and Tesco Personal Finance adding a further 2.2 per cent, bringing total UK growth to 9.3 per cent. The...

Pizza Hut gets new name in UK

In an effort to boost its business, renowned global food chain Pizza Hut has declared its rebranding as Pasta Hut for UK business. In order to strengthens its more than 700-strong UK chain, the company has also decided to invest...

Superquinn up for sale

Sainsbury's, Tesco and Asda are all reportedly interested in buying Superquinn, the Irish grocer that has retained Goldman Sachs to advice on a sale. A price tag of more than €450 million (£358.6 million) is likely to be attached to...

Supermarkets cut petrol prices

Supermarkets including Asda, Morrisons and Sainsbury's have decided to retail petrol at lower prices, after wholesale gasoline prices dropped 6 per cent since mid-July. Asda will cut the price of unleaded petrol and diesel by 3p a litre and Morrisons...

Retail majors pledge to save enviornment

Retail giants including Asda, Sainsbury's and Tesco are set to announce a new, industry wide set of climate change pledges. It is the first time the sector has come together to make such a wide range of pledges. British Retail Consortium...

From World Retail Congress: H&M is Top Performing Retail Brand in Europe

Forrester Research today unveiled its list of the Top Performing European Retail Brands at the World Retail Congress. Jez Hampton, group chief executive, Interbrand, presented the list of 25 retailers, and also highlighted the specific features of operation that had...

UK grocery market more competitive

The UK grocery market is “more competitive than ever,” says a study by retail analysts Verdict Consulting, ahead of the publication of a UK government probe into the sector. The UK Competition Commission is set to publish its findings amid...

All night surgeries at ASDA soon

Asda is said to be the first retailer in UK to open out-of-hours GP surgeries in their stores. The company is talking with a number of primary care trusts (PCTs) about starting an emergency service, which some GPs provide...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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