Sound bites: UK food retail in 2009

Supermarket prophets – what’s in store for 2009

January is the month where the crucial Christmas trading period is assessed, and a weather eye is cast towards the…

UPDATE: UK: Sainsbury’s to create thousands of jobs

Sainsbury's confirmed today (8 January) that it would look to create around 2,000 jobs in the next year after revealing…

UK: M&S to shut 27 stores; 1,200 jobs under threat

Marks and Spencer plans to close 27 stores and cut over 1,200 jobs as it looks to slash costs from…

UK: Tesco announces GBP100m of price cuts

UK retail giant Tesco is investing GBP100m (US$147m) in a combination of permanent price cuts and promotions. The reductions will…