UK: Over 100 Sainsbury’s Buyers To Attend Key Supplier Conference
Sainsbury’s has confirmed that over 100 buyers will be attending this year’s
IGD Sainsbury’s Trade Briefing, the retailer’s first and largest supplier
communication event of the year.
UK: Mothercare And Boots Announce Clothing And Accessories Partnership
Mothercare and Alliance Boots have agreed to design, source and supply a new children's clothing and accessories brand to be sold in Boots stores in the UK and Ireland.
UK: Snow And VAT Increase Hits January Retail Sales
The high street suffered its worst January in at least 15 years last month as snow storms, higher VAT and anxious consumers all took their toll on consumer spending, according to figures from the BRC-KPMG Retail Sales Monitor.
UK: Focus DIY Struggling To Pay Rent (Sub-only)
Focus DIY, the home improvement chain that shed dozens of stores last year in a rescue deal with landlords, is said to be struggling to pay the rent on its stores after the heavy snow in January impacted on takings.
EUROPE: EU Unveils New Logo For All Local Organic Produce (Sub-only)
The European Union has launched a new logo for organic products, which manufacturers will be required to display on all pre-packaged goods made in Europe.
THE NETHERLANDS: Aldi Loses Ground As Albert Heijn Gains Market Share (Sub-only)
The Albert Heijn chain, owned by Ahold, has managed to further entrench its position as the market leader in the Dutch grocery sector, even as German chain Aldi lost some ground.
S. KOREA: Lotte Confirms $1.15bn Deal For GS Retail Units (Sub-only)
The Lotte Group, South Korea’s second-largest retailer, has confirmed that it is set to buy domestic rival GS Retail's department store and discount store operations in a deal worth 1.34trn won ($1.15bn).
US: Kroger Hits Out At Small Suppliers Over Recalls (Sub-only)
Kroger has accused small- and medium-sized suppliers from not immediately notifying it about product recalls, in contrast to large manufacturers, which it said contact the grocery chain directly.
In comments made at a conference, John Kolenski, Kroger’s Director for food safety and regulatory compliance, noted, “When it comes down to medium and small companies that may have never had a recall before, we’re going to learn about it through the press sometimes.
MEXICO: Soriana Expects Strong Year Ahead
Soriana, the country’s second-largest retailer, has said that it expects same-store sales to rise by 7-8% in 2010, helped by a rebound in consumer demand.
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