UK: Sainsbury counting on health and environment
Sainsbury's chief executive Justin King has said that the company is intentionally focusing on healthy eating and the environmental drives as it tries to gain a bigger share of the market.
A company spokesperson told just-food that Sainsbury will eventually double the number of products that use the FSA approved traffic light labelling system, from 2,000 to 4,000. She said: "The health issue affects customers directly, so it is as much a priority for us as it is for them."
As part of the firm's environmental drive, it introduced compostable packaging earlier this month, and is expanding its recycling efforts at 50 stores nationwide.
Tesco last month (4 August) unveiled plans to offer clubcard points for people not using plastic carrier bags, financially rewarding environmentally friendly customers.
According to a report in the New Straits Times, Tesco is planning an investment of MYR650m (US$185m) in expanding its presence in the Malaysian market....
If you don't produce new products that fail you're being too timid, says one top manager at UK food and clothing retailer Marks & Spencer, reminding the industry that "innovation is vital"....
According to Indian reports, in a move to strengthen its retail business Reliance Industries is plotting an overseas acquisition....
The consortium of private equity investors led by CVC Capital Partners has confirmed that it has been in contact with the board of Sainsbury's with regard to a possible takeover but refused to comment...
According to a survey conducted by The Grocer, product availability at the UK's six top supermarkets is declining. This is a rising trend in the UK supermarket sector, the investigators suggested, wit...
Tennessee-based discount retailer Dollar General has announced that it has entered into an agreement to be acquired by affiliates of private equity group Kohlberg Kravis Roberts (KKR) in a US$7.3bn de...
A buyout approach made to Alliance Boots has raised speculation that a private equity takeover bid for the UK's third largest supermarket chain, Sainsbury's, could be off the cards....
According to the latest UK grocery market share figures released by TNS Worldpanel, the majority of the UK's supermarket operators are benefiting from a buoyant grocery market, the collapse of Kwik Sa...
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