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Morrisons to give own brand range biggest ever makeover

MORRISONS is to embark on a major relaunch of its multi-billion pound own label range and has poached Arla Foods’ top marketer to spearhead the campaign.Danny Micklethwaite has left Leeds-based dairy group Arla to take on the newly created...

Asda chief in shock stepdown

Simon King, the chief operating officer at Asda, has left the grocer after less than six months in the role, in a move that has sent shockwaves through the sector. The former Tesco executive joined the Walmart-owned grocer in...

Trading ‘toughest in 30 years’ – Sainsbury’s boss

Sainsbury's had robust performances from its clothing and homewares ranges and convenience stores to thank for an improvement in its first-quarter sales, although these were lower than City forecasts. The UK's third-biggest grocer was boosted by the warm weather...

Tesco misses UK sales forecasts, overseas better

Tesco, the world's No.3 retailer, missed forecasts with a second consecutive quarterly fall in underlying sales in its main UK market, as rising prices and government cutbacks hit shoppers.The supermarket group said on Tuesday sales at British stores open...

Best Buy Europe strategy under review

Best Buy is poised to put its European expansion plans on hold, a move that could raise questions over its commitment to electricals retailing in the UK.Best Buy Europe is unlikely to make a final decision by the time...

U.K. retailers missing South American opportunity

U.K. retailers Marks & Spencer Group Plc, Tesco Plc and J Sainsbury Plc are missing an opportunity by excluding South America from their expansion plans, according to a report by global management consulting firm A.T. Kearney.Brazil is the most...

Tesco planning to boost sales with new brands

Tesco, Britain’s biggest retailer, is preparing to launch the first of a range of new brands over the next few weeks as it seeks to bolster its performance. Philip Clarke, the new chief executive, is expected to launch the new...

Tesco – Britain’s biggest retailer targets green growth

Tesco has grown into the UK's biggest retailer but has ambitious plans to become zero-carbon by 2050 without offsetting, and it's making headway.Britain's biggest retailer is applying a simple but ambitious formula to its long-term expansion plans – future...

Marks & Spencer boss Marc Bolland has his eye on a return to the US market

Marks & Spencer boss Marc Bolland used his first set of annual results to signal that a return to the American market is on the cards for Britain’s biggest clothing retailer.In an unguarded moment, the Dutchman explained cracking the...

Tesco looks overseas for ‘change of gear’

Tesco plans to create new brands to spruce up its product ranges and appeal to increasingly aspirational shoppers across the world, its new chief executive told Reuters. Phil Clarke, outlining his strategy for the British supermarket group, also said Tesco...
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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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