| | Kwik Save weighs heavily on Somerfield results (Site not responding. Last check: 2007-11-06) |
 | | Kwik Save has been something of an albatross around the neck of Somerfield ever since it acquired the business in 1998, with its ‘stack-it-high, sell-it-cheap' approach to food retailing out of synch with the requirements of the increasingly sophisticated UK shopper. |
 | | But despite the beginning of a major overhaul of the business, which included the extension of a number of product ranges, not least fresh fruit and vegetables, growth at Kwik Save stores is still lagging some way behind that in the rest of the group. |
 | | “Investment in the new Kwik Save concept stores is at a very early stage, with 14 concept stores completed at the year end, so growth achieved from the refitted stores has had a negligible impact on sales performance,” Somerfield said in a statement. |
| www.foodnavigator.com /news/ng.asp?id=18040 (651 words) |