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Philip Clarke has reportedly sent a letter to Tesco's management informing them that staff bonuses are to be cut by more than 80 per cent this year

Tesco cuts store manager bonuses by up to 80%

- Philip Clarke, CEO of the UK’s leading retailer Tesco, has informed around 5,000 of the company’s store managers & executives that their annual bonuses will be slashed this year.According to The Daily Mail a letter was sent to the managers explain...
11:20AM - Tue 15th May 2012
Martin Pratt, employment lawyer at Kingsley Napley LLP

Could Sainsbury’s be liable for employee’s murder?

- On 15 April 2009 Robert McCulloch, a British National Party (BNP) member who openly held extreme and racist views about eastern Europeans coming to the UK, fatally stabbed Mr Romasov from Lithuania at their common place of work – a Sainsbury’s bra...
04:28PM - Wed 9th May 2012
Sainsbury's outperformed the rest of the grocery market in the year ending March 17th 2012

Sainsbury’s underlying profits up 7.1% in full-year

- Leading supermarket chain Sainsbury’s has seen an increase in sales and its share of the grocery market over its most recent full-year period, results released today reveal.At a time when major rivals Tesco & Morrisons are reporting drops in under...
10:32AM - Wed 9th May 2012
Tesco has promoted Tom Curry to take over from Trevor Datsun as Group Media Director

Datson steps down as Media Director of Tesco

- The UK’s leading retailer Tesco has confirmed today that its Group Media Director Trevor Datsun has decided to leave the business.Datsun joined the company in May 2010 from consumer goods firm Cadbury, initially as Media Director before taking cha...
02:56PM - Fri 4th May 2012
Morrisons seems to be losing market share to discount grocery brands

Morrisons sales down 1% in first quarter

- Major supermarket chain Morrisons has seen its sales growth fall into negative territory for the first time since 2005, quarterly results released today reveal.While its total sales grew by 1.5 per cent year-on-year for the 13 weeks to April 29th ...
09:27AM - Thu 3rd May 2012
Waitrose is trying to further enhance its reputation for value for money & quality of service with two new promotions

Waitrose extends its Tesco price match

- Premium supermarket chain Waitrose has announced today that all of its branded grocery products will now be matched on price with the same goods sold at sector leader Tesco.Waitrose had previously offered the brand match promotion on just 1,000 of...
03:53PM - Wed 2nd May 2012
M&S is hoping to bring its Simply Food store format to Berkhamsted

M&S plan Simply Food store for Berkhamsted

- A 0.9 acre former Royal Mail site in Berkhamsted has been acquired by property firm Metric Property Investments, and high street retailer Marks & Spencer (M&S) is set to open a new store on the plot.M&S has signed a 20-year lease on 80 per cent of...
10:08AM - Mon 30th April 2012
Waitrose has been strengthening it position in the grocery market in recent months

Tesco loses market share to Waitrose & discounters

- The UKs largest grocers were out-performed by lower & higher priced competitors over recent weeks, new research out today shows.According to research firm Kantar Worldpanel, market leader Tesco saw its share of the grocery sector drop in the 12 we...
12:34PM - Tue 24th April 2012
Asda stores are to begin accepting contactless payments later this summer

Asda to pilot contactless payments

- Leading supermarket chain Asda has announced today that it will join several other major UK retailers in trialling contactless payments in some of its stores later this year.New POS terminals with contactless technology, which allow consumers to p...
02:53PM - Wed 18th April 2012
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