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Tesco braces itself for first annual profit drop in 20 years

Tesco is expected to report the first decline in annual profits in its UK business in more than 20 years on Wednesday (18 April), when it will unveil the full extent of its turnaround plan.

Morrisons' marketing director Lancaster resigns

Morrisons corporate marketing and operations director Richard Lancaster is leaving the company for an undisclosed job, seven months after being handed a wider remit by the supermarket.

Co-operative launches Diamond Jubilee party fund

The Co-operative Food is to give away £100 vouchers to finance 100 Queen's Diamond Jubilee street parties.

Sainsbury's targets mothers with Little Ones revamp

Sainsbury's has revamped the website and email marketing programme of its Little Ones baby and toddler club.

Mothercare to close more than 100 stores and revamp online presence

Maternity, childrenswear and toys retailer Mothercare is to close 111 stores over three years, with its Early Learning Centre brand taking the biggest hit as the group's UK sales continue to plunge.

Costa to take brand into supermarkets

Costa Coffee is to begin selling its coffee and other products in supermarkets in a move to take on rival Starbucks on retailer aisles.

Non-food boosts retail sector after unseasonably warm March

British retailers have benefited from March's warm weather which led to a jump in non-food retail sales, according to figures from the British Retail Consortium (BRC).

John Lewis to open dedicated Olympic shops

John Lewis is to roll out 29 dedicated Olympic shops within its department stores, as part of its tier-three sponsorship of London 2012 Olympics and Paralympics.

Industry verdict: Tesco was right to ditch Value range

This week Tesco unveiled the Everyday Value range to replace its 20-year-old Value sub-brand. We asked retail and branding experts what they made of the decision.

Tesco ditches 20-year Value range and replaces it with Everyday Value

Tesco is launching a TV campaign on 30 April to showcase its Everyday Value range, which is replacing its blue-and-white-striped Value range after nearly 20 years.

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