NEWS ShopTalk O
cado has seen its gross sales increase by 13.6% to £1,267.4m for the year ending 27 November 2016. Pre-tax profits rose by 21.8% to £14.5m. Chief executive officer Tim Steiner said: “We are pleased to announce results today which reflect robust trading in our core business and shows continued progress against our strategic objectives in what has been a challenging retail environment. Over the course of the last year, we grew our active customer base by almost 14%, with growth in average orders per week approaching 18%, testament to the strength of our customer proposition, market position and technology. He continued: “We commenced operations at our new Customer Fulfilment Centre in Andover, which has the first installation of our new proprietary technology.
“At the same time, we have made good progress in improving the efficiency and throughput of our existing operations, increasing our capacity from existing facilities by over 20,000 weekly orders. These developments position us well for future growth, while improving our returns and enhancing the service we can offer our customers.”
Iceland has started work on the second phase of a £5m investment programme at its head office in Deeside, Flintshire, to provide an enhanced working environment for its growing central team. Due to be completed during this year, the £2.5m programme includes the installation of a new air conditioning system and LED lighting throughout the building, new office
6 March 2017
over the years. Sir Ken was Morrisons chairman until 2008. He was awarded the CBE in 1990 and knighted in the Millennium New Year’s Honours list for his services to the food retailing industry.
furniture, extension of the staff restaurant and the installation of a new restaurant kitchen. Joint managing director Nick Canning said: “This latest phase of work brings our total investment at Deeside in 2016 and 2017 to £5m, which is one of the largest capital outlays we have made on the site since we established our head office here in 1979.
“Over the last year we have strengthened our head office team by around 100 people to support our renewed focus on product quality and innovation, the rapid growth of our e-commerce business, major improvements in our merchandising, and the expansion of The Food Warehouse.”
Life president and former chairman of Morrisons, Sir Ken Morrison CBE, has died.
An inspirational retailer who led Morrisons for more than half a century, he transformed the company from a small family business into the UK’s fourth largest food retailer. At his retirement in 2008, the retailer had 375 stores, serving over nine million customers a week. Sir Ken will be greatly missed by many thousands of his current and former colleagues, a large number of whom became close personal friends
Andrew Higginson, the current chairman of Morrisons, said: “I know that I speak for the whole company when I say how profoundly sad we were to hear of Sir Ken’s death. He was an inspirational leader and the driving force behind Morrisons for over half a century. Although he retired several years ago, his legacy is evident every day and in every aspect of our business.
The scheme will be trialled in 25 branches nationwide and if it proves successful the aim is to roll it out to all Waitrose shops across the UK within 12 months after the trial ends. Having every branch linked with local charities via the FoodCloud app will bring more efficient communication and help to get food to people who need it more quickly.
Waitrose has launched a food waste trial with FareShare FoodCloud. The charity food redistribution programme will make it easier for branches to let local charities know of surplus goods.
Shops simply input details of available food into an app and connected charities receive a text alert when items are ready for collection.
This will build on relationships branches already have with local groups as well as recruiting new ones, with the technology making the process even simpler and quicker.
Tesco is to buy Booker, the UK’s biggest food wholesaler, in a deal worth £3.7bn. Tesco said the move will create the UK’s leading food business and that it will be well placed to serve the established ‘in home’ food market as well as the faster growing ‘out of home’ food market.
Chief executive of Tesco, Dave Lewis said: “Tesco has made significant progress in turning around our UK retail business. This merger with Booker will further enhance Tesco’s growth prospects by creating the UK’s leading food business with combined expertise in retail, wholesale, supply chain and digital. “Wherever food is prepared and eaten - ‘in home’ or ‘out of home’ - we will meet this opportunity with the widest choice and best service available.”
Booker owns the Londis and Budgens supermarket brands.
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