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NEWS ShopTalk M


arks & Spencer is sizing up ambitious growth targets that could see the company double the amount of food it sells and propel it into the ranks of Britain’s biggest supermarkets. The surge would capitalise on the firm’s new home delivery deal with Ocado and its plan to offer a full range of food in more stores to attract additional family shoppers. City sources said the newly pencilled targets could see Marks & Spencer’s food sales soar to £12bn over the next five years.


That is larger than the company’s total sales at present, including food, clothing and international sales. The grand vision for the company’s food business follows a ‘transformational’ agreement that sees Marks & Spencer replace Waitrose as the main partner to £1.5bn delivery service Ocado. The home shopping firm has been growing at 13% a year.


A new blueprint for more M&S Food stores to carry the full range of over 6,500 products will also provide the business with fresh momentum.


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isa is rolling out a further 1,000 Co-op own brand products to independent Nisa and Costcutter stores, which will subsequently have access to more than 80% of the full Co-op range. The extended fresh and ambient range will be rolled out on a category-by-category basis, with the products aimed at helping retailers meet the changing shopping missions of today’s consumer.


Nisa and Costcutter, working 6 May 2019


closely with the Co-op Group, have created guides which demonstrate the optimum range of own brand products to stock based on their store size.


Costcutter Supermarkets Group chief executive, Darcy Willson-Rymer, said: “By more than doubling the range available through this launch phase, we are providing fantastic opportunities for our retailers to drive additional footfall and basket spend while also enjoying some great margins.”


The roll-out of the new products takes the total number of own brand lines available to independents to almost 2,000.


Naked is a subscription business that signs up customers for regular payments, and the plan is to expand the operation by releasing capital from Majestic.


In its statement, Majestic said almost 45% of its business came from online with a further 20% from international sales.


Mr Gormley said: “It is clear that Naked Wines has the potential for strong sustainable growth, and we will deliver the best results for our shareholders, customers, people and suppliers by focusing all our energies on delivering that potential. “We also believe that a


transformed Majestic business does have the potential to be a long- term winner, but that we risk not maximising the potential of Naked if we try to do both.”


The company added it was on target to hit sales of £500m this year, and profits were also on track.


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ajestic Wine has announced plans to revamp its business by


closing some of its 200 stores and concentrating on its online Naked Wines division.


The change will also see the company being renamed Naked Wines.


More details of the store closures will be given in June along with its full-year results.


Naked Wines was founded by entrepreneur Rowan Gormley in 2008. It was bought by Majestic in 2015 for £70m and Mr Gormley was given the top job.


The new discount supermarket store will cover 1,700 square metres and will be built in the Bolton Woods area of Bradford as part of an urban village project.


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brand new Aldi store will soon arrive in Bradford, West Yorkshire.


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ainsbury’s has begun delivering online orders by electric van. ‘Evie’ the zero-emission electric van is now delivering groceries across central and east London in a trial that could spread more widely.


A second electric van, dubbed ‘Stevie’ by Sainsbury’s, is also joining the fleet operating from the supermarket’s Bromley-by- Bow fulfilment centre, ahead of a potential further roll-out. The vans have an 80-mile range on a single charge and drop off up to 30 orders a day.


They recharge overnight and are able to carry the same weight as a diesel vehicle, according to Sainsbury’s.


Sainsbury’s joins Ocado in using electric vehicles for London delivery.


Around 40 vacancies will be created by Aldi, with a range of roles to be on offer once the German supermarket chain completes construction later this year. Work will begin on the new supermarket over the summer. Costa Coffee has already signed up for a unit on the development, and the retailer expects to complete its new drive-through unit at the site this month.


www.acr-news.com


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