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Teco has invested in ranges to try to entice consumersWhat the analysts say: Has Tesco hit rock bottom?

16 April 2014

Tesco reported a disappointing set of full-year numbers with both sales and profits falling this morning (14 April). The UK retail behemoth has faced declining consumer spending and a battle to make its big-box stores relevant. But has the company hit the bottom of its downward curve and will the group's 2014 performance improve? Here is what the City had to say about Tesco's performance.

Interview: Sainsbury's "redefining" convenient shopping

1 April 2014

The development of digital platforms has transformed how retailers interact with consumers in the UK. To Sainsbury's, the interaction between physical and digital platforms is key to delivering a full consumer experience. This requires a portfolio that spans the spectrum of formats, Kevin Barrett Sainsbury's director of space and formats, tells just-food.

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.

Editor's choice: the highlights on just-food last week

24 March 2014

just-food brought you exclusive updates from some of the power players in our industry as the likes of Nestle, Danone and Kerry Foods set out their investment case at the Consumer Analyst Group of Europe conference in London this week. In other news, Sainsbury's booked its first like-for-like sales drop in nine years, General Mills continued to face pressure in the US and we spoke to FrieslandCampina CFO Kees Gielen. Here are the highlights from the past week.

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.

Editor's choice: the highlights on just-food last week

17 March 2014

The biggest story of the week came as it started - with the announcement of the proposed merger between banana giants Chiquita Brands International and Fyffes. Elsewhere, UK grocers Morrisons and The Co-operative Group grabbed the headlines - the former for its bid to revive sales and the latter for the resignation of its chief executive.

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 pay details published in data theft

14 March 2014

Morrisons has confirmed staff payroll details, including bank account data, has been stolen from the UK grocer and published online.

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.

UK: Morrisons books GBP176m annual loss

13 March 2014

Morrisons this morning (13 March) reported an annual loss of GBP176m (US$293.6m), rounding off a challenging year for the UK's fourth-largest grocer.

UK: Ocado sales growth fails to convince analysts

12 March 2014

UK online specialist Ocado today (12 March) reported a jump in first-quarter sales but the result failed to convince the City and its shares tumbled.

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.

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

17 February 2014

Nestle and Mondelez International were among the major food manufacturers reporting 2013 results last week, although perhaps the most notable financial update was ConAgra Foods' second profit warning in five months. Elsewhere, there was speculation over the future ownership of UK grocer Morrisons and United Biscuits continued its international expansion with an investment in Nigeria.

UK: Sir Ken "surprised" at Morrisons takeover report

12 February 2014

The founder of Morrisons has reportedly expressed surprise at a report that claimed the UK grocer's founding family had approached private-equity firms to see if they wanted to jointly bid for the business.

On the money: Ocado still looking at more tie-ups in medium term

4 February 2014

Ocado chief executive Tim Steiner has said the UK online retailer is still looking to further develop licencing deals with larger retailers, although he emphasised there are no "imminent announcements" on any pending agreements.

UK: Morrisons silent over Dymond exit

28 January 2014

Morrisons has declined to comment over the rumoured resignation of online grocery executive George Dymond just weeks after he joined.

UK: Morrisons "suspends treasurer over insider trading charges"

21 January 2014

Morrisons has reportedly suspended its treasurer, Paul Coyle, over allegations of insider trading ahead of the announcement of the supermarket group's tie-up with Ocado.

Talking shop: Aldi will face pressure from UK Big Four in 2014

14 January 2014

Reporting a whopping 31% increase in its Christmas sales and the busiest ever festive period since opening in the UK, Aldi was no stranger to celebration last week. However, the discount giant is likely to see its major rivals, smarting from losing share, up their game in 2014. Hannah Abdulla reports.

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".

Editor's choice: the highlights on just-food last week

13 January 2014

Dairy led the headlines in our sector this week. Danone is to sue Fonterra over last year's botulism contamination saga, French dairy giant Lactalis has entered India with the acquisition of local firm Tirumala Milk Products and Saputo has told Warrnambool Cheese and Butter Factory's investors its offer for the Australian dairy processor is final.

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

13 January 2014

Danone announced this week it would take Fonterra to court to recoup damages from last year's botulism recall. In the UK, the country's major grocers announced how they performed over Christmas, with Tesco and Morrisons under pressure. And health campaigners said they are targeting the level of sugar used by the food industry.

UK: Morrisons sees sales tumble over Christmas

9 January 2014

Morrisons today (9 January) reported a near-6% drop in like-for-like sales over Christmas, sending shares in the UK's fourth-largest grocer sliding.

What the analysts say: Morrisons stuns City with tumbling sales

9 January 2014

Morrisons' unscheduled Christmas trading update surprised the City this morning in more ways than one. Like-for-like sales fell almost 6%, under-performing its rivals by some distance. The decline was evidence the impact the growth of discounters Aldi and Lidl is having the UK's fourth-largest grocer.

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.

just-food's review of 2013: the year's most-read comment

19 December 2013

just-food's team of journalists and columnists took on a range of issues in 2013 - and their views on subjects including Tesco's moves to revitalise its UK business, the speculation of a possible merger between PepsiCo and Mondelez International, the GM debate and the outlook for Heinz under new owners won your attention.

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