Sainsbury's announcement that it is to close the 16 Netto stores it operates in a joint venture with Dansk Supermarked Group, is unsurprising given the competition posed by arch rivals Aldi and Lidl, according to Fraser McKevitt, head of retail
The Marine Stewardship Council (MSC) has reached an important milestone with the launch of the 20,000th MSC labelled product, Las Cuarenta Paella. The ready-made frozen meal is now available in Netto stores across Germany. The paella contains pollock from Alaska
Sainsbury’s plans to expand its Netto alliance is the best strategy for fighting the discount threat, according to leading retail analysts. Commenting on the retailer’s results for the three months to 9 January 2016 - Sainsbury’s posted a 0.4% fall in
Netto, the Scandinavian discounter, is to sell a sustainably-sourced Whole Cooked Lobster for £4.50 as part of its Christmas range this festive season, making it the cheapest sustainable lobster in the UK this year. On Saturday, Lidl claimed a market first with
Danish food discount retailer Netto, advised by Indigo Planning, has been given the go ahead for its first standalone foodstore in the UK by Hull City Council. Indigo Planning has also already successfully secured permission for a number of Netto
Tony Browne, head of customer experience and digital at management consultancy, Boxwood, gives its verdict on Netto’s UK relaunch, in tandem with Sainsbury’s Last week saw the exciting re-introduction of the Netto retail brand into the UK. After a four-year hiatus,
Sainsbury’s has reported a 2.8% decline in like-for-like sales in the second quarter, excluding fuel, and blamed the deflationary environment for the fall. Total retail sales in the 16 weeks to 27 September 2014 were down 0.8%. Mike Coupe, chief executive,
Danish international discount grocery retailer Netto is returning to Britain in an new trial format in a joint venture between Dansk Supermarked and Sainsbury’s. The trial will consist of 15 Netto stores to be opened by the end of 2015, with the first opening their
Denmark’s leading retailer, Dansk Supermarked, is aiming to become the market’s leading e-commerce player by 2016. The retailer, which operates 1,300 stores across Denmark, Sweden, Germany and Poland under the Netto, Fotex and Bilka brands, has selected global technology and
Morrisons is feeling the squeeze in the mid-market with a 1% fall in like-for-like sales in the first quarter, according to retail consultancy, Retail Vision. While the supermarket claimed it had made a “satisfactory start to its new financial year”
Grocery share figures from Kantar Worldpanel, published today for the 12 weeks ending 2 October 2011, show the grocery market growing at 5.1% per year. Although this is a strong performance, it remains below the 5.7% grocery price inflation, said
Discount retailer Aldi has bagged a record 3.6% share of the UK grocery market, according to the latest figures from Kantar Worldpanel. Figures, published today for the 12 weeks ending 7 August 2011, reveal Aldi’s sales grew by 24.4% in the
After the announcement of Asda’s purchase of the Netto business in the UK for £778m, Association of Convenience Stores chief executive James Lowman said: “The UK already has one of the most concentrated grocery markets in the world, with four companies controlling
