Sainsbury’s is Britain’s third largest grocery retailer (behind Tesco and Asda), turning over nearly £23bn in the year to 19 March 2011 and making a pre-tax profit of £827mn. Despite buying 24 stores from the Co-op in 2009 in the north and Midlands, Sainsbury’s stronghold remains the south east of England, and if it is to challenge for top slot and fend off the threat of fourth placed supermarket Morrisons, it has to expand its footprint outside this most affluent […]
Wincanton’s contract logistics business “is continuing to perform robustly”, it has said, while the company was hit by low volumes in its container business.
Online grocery retailer Ocado has said its second customer fulfilment centre in Dordon, Warwickshire, will commence operations in February next year. Equipment installation at the warehouse is almost complete and testing has been underway since May, the firm confirmed. The project “remains in line with budget”, it said. The retailer, which also announced it had secured an 18-month extension on £100m of loans from its lenders to July 2015, said it had achieved an 11% rise in gross sales year-on-year […]
Construction has been completed on a new £22m food DC for The Co-operative in north Derbyshire, which the firm says will employ over 1,000 people and create around 320 new jobs. The Castlewood site, which will service over 500 Co-operative food stores in Yorkshire, Derbyshire, Nottinghamshire and Lincolnshire, will start operation in January with the first deliveries scheduled for March. It will become fully operational in September. Located just off junction 28 of the M1, the new site will take […]