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UK: Asda to create 12,000 jobs in five years

7 April 2014

Asda, the UK's second-largest grocer, has said it will create 12,000 jobs in the country in the next five years.

Quote, unquote: just-food's week in words

31 March 2014

This week Cerebos Greggs announced the closure of its East Tamaki plant putting 125 jobs at risk. Job cuts were announced at Asda too as the company plans a restructure to cut costs. Ads and marketing campaigns were the centre of attention this week with Aldi getting its wrists slapped over the Swap and Save campaign and Sainsbury winning an appeal for a judicial review of Tesco's price promise. Here is the week in quotes

Comment: Aldi ad spat shows discounters under rivals' scrutiny

26 March 2014

The UK ad watchdog's order for Aldi to pull a TV advert demonstrates how the discounter will need to be precise in its competitive claims - and how the German giant is being more closely monitored than ever before by the country's rattled major grocers.

UPDATE: UK: Aldi "disappointed" at ASA ad ruling

26 March 2014

Aldi has expressed disappointment at the UK ad watchdog's decision to order the discounter to pull a TV spot comparing prices with rivals - and said complaints from rivals were "unsurprising".

UK: Watchdog rebukes Aldi after Asda complaint

26 March 2014

Aldi has been ordered to pull a TV ad in the UK after rival Asda argued the spot misled consumers.

UK: HQ jobs to go in Asda restructuring

24 March 2014

Asda, the UK supermarket arm of Wal-Mart, has confirmed it will be cutting head office jobs as part of a cost-cutting drive.

CAGE 2014: Kerry eyes consumer foods growth through snacking

20 March 2014

Kerry Group CEO Stan McCarthy has indicated the Ireland-based food group believes increasing demand for snacking presents an opportunity to grow the company's consumer foods business.

UK: Sainsbury's posts Q4 LFL sales drop

18 March 2014

Sainsbury's booked its first drop in like-for-like sales in nine years this morning (18 March), when the UK retailer revealed fourth-quarter comparable revenues fell 3.8%.

What the analysts say: Does Sainsbury's LFL sales drop hint at future woe?

18 March 2014

UK grocer Sainsbury's broke its nine-year streak of like-for-like sales growth this morning (18 March), when the firm acknowledged that market conditions and tough comparables hit revenue expansion in its fourth quarter. In contrast to the other multiples, Sainsbury's does not appear to be loosing share in the UK to discounters Aldi and Lidl. But, as price competition in the market intensifies, could Sainsbury's proposition too come under increasing pressure? Here is the City's verdict.

UK: Gluten-free firm Genius adds frozen pies to range

18 March 2014

Gluten-free firm Genius Foods has added four new frozen products to its range in the UK.

On the money: We can fight on price, insists Morrisons

14 March 2014

Morrisons has set out its bid to win back consumers and reignite sales - and the UK's fourth-largest grocer has insisted it could hold its own in an increasingly price-focused market.

UK: Morrisons ups price investment to fight discounters

13 March 2014

UK grocer Morrisons plans to increase its investment in pricing in order to "strengthen" its competitive proposition.

What the analysts say: The verdict on Morrisons' strategic overhaul

13 March 2014

Morrisons reported a full-year loss of GBP176m (US$293.6m) and further deterioration of like-for-like sales today (13 March). Management this morning set out a new strategic course for the group, which includes a GBP1bn price investment over the next three years. While next year's profits are expected to drop, the company believes the investment can be funded through a cost-saving drive in the medium-term. However, with concern over margins and competitive pressures, opinion remains divided over the prospects for the beleaguered grocer.

Comment: Growth of online channel good news for big brands

6 March 2014

Online sales in the UK are on the rise as consumers increasingly shop for their groceries over the internet. Online sales represent a key growth area the country's largest retailers are vying to exploit. In the UK - the birthplace of private label - online expansion is good news for the manufacturers of leading food brands, Katy Askew suggests.

UK: Asda rounds off year with Q4 sales fall

20 February 2014

Asda, the UK's second-largest grocer, ended its 2013 financial year with a fall in underlying sales in the fourth quarter.

AUS: H1 profits up at Coles

19 February 2014

Coles, Australia's second-largest grocer, has booked a near-11% rise in half-year earnings after its underlying sales growth quickened in the second quarter.

Focus: Obesity in the UK - whose problem is it?

14 February 2014

The blame game continues to escalate as to who is responsible for the obesity crisis in the UK. While some point the finger at the Government for not being convicted enough in its approach to tackle the problem, the finger is often pointed back at the food industry for failing to co-operate. Hannah Abdulla explores the complex issue.

UK: Red Tractor launches logo for convenience products

13 February 2014

UK certification body Red Tractor has launched a logo it hopes will provide further assurances over the quality, traceability and provenance of the meat in products like ready meals.

On the move: Sainsbury's hopes for smooth transition as King bows out

29 January 2014

UK retailer Sainsbury's announced this morning (29 January) that chief executive Justin King will leave the company after ten fruitful years at the helm. In his successor, commercial director Mike Coupe, Sainsbury's appears to be looking for a smooth transition - and more of the same on the strategy front. Katy Askew reports.

Timeline - King's reign at Sainsbury's

29 January 2014

Justin King is to step down as CEO of Sainsbury's after a decade in charge of the UK grocer. King has revitalised Sainsbury's, taking a business with stock issues to one that has consistently outperformed its rivals in recent years. Here's a look at the key events of King's reign.

UK: Coupe to take helm as King exits Sainsbury's

29 January 2014

Sainsbury's chief executive Justin King will leave the UK supermarket group this summer, with commercial director Mike Coupe taking the helm at the company.

UK: Asda, Sainsbury's neck and neck in UK - Kantar

14 January 2014

Sainsbury's share of the UK's grocery market now matches Asda, the country's second-largest retailer, according to the latest data from Kantar Worldpanel.

UK: Morrisons shares jump on property sale talk

13 January 2014

Morrisons is reportedly considering selling off up to 10% of its properties - equating to about GBP800m - after coming under fire from shareholders following its poor Christmas trading results but analysts say it is not enough to "save the company".

UK: Sainsbury's Q3 results prove strong for food but flat for group after "tough" Christmas

8 January 2014

Sainsbury's saw its sales growth slow in its third quarter as a "very tough" October and November weighed on its results.

UK: Asda confident after "very tough" Christmas

6 January 2014

Asda, the UK's second-largest grocer, has reported "a good performance" during what it described as a "very tough" Christmas trading period.

just-food's review of 2013: discounters, multichannel key themes in grocery

6 January 2014

It can be difficult to identify common trends across markets but, in many ways, two key trends dominated the grocery retail sector in 2013 in a number of countries - the durability of discounters and the heightened interest and investment in developing multichannel retail businesses.

UK: Asda takes aim at discounters with price cuts

2 January 2014

Asda has set its sights on luring UK shoppers away from the discounters with moves to sell a range of household items for 50p.

GLOBAL: Cheesewright to head Wal-Mart international arm

10 December 2013

David Cheesewright, the head of Wal-Mart's operations in EMEA and Canada, is to be promoted to lead all of the retail giant's businesses outside the US.

UK: Government hails unit pricing initiative

5 December 2013

The UK government has announced that ten of the country's largest supermarkets have signed up to a pricing initiative that will see unit pricing added to labels.

On the move: the challenge of revitalising Wal-Mart

4 December 2013

Doug McMillon may have followed Mike Duke's path at Wal-Mart with the move from head of international to the CEO's office and, in some ways, he has some foundations on which to build the next stage of the retailer's growth. But he faces some significant challenges ahead.

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