In The News

David Sables, CEO, and the Sentinel Team appear regularly on and in various media, commentating and giving insight on industry issues. David is a regular columnist within ‘the Grocer’ magazine, as well as being a contributor to Forbes.

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Stack it and sell it. What could be more simple when it comes to the world of the supermarkets? But in this multi billion pound industry, there's a complex relationship between the retailers and the companies who supply the many products they sell. The accounting scandal at Tesco brought the issue into the limelight, and highlighted just how reliant it, and the other big supermarkets, are on supplier income. Read... Read More

TESCO has come a long way since its modest birth in 1919 on a wind-swept Homerton market stall deep in the heart of London's East End. So too has its share price. But of late not in a way that has mirrored the upward trajectory of founder Jack Cohen's old - and rapidly gentrifying - Hackney neighbourhood. Read More Read More

An investigation into Tesco’s £250 million accounting crisis has prompted the suspension of a further three executives, stoking concern about disruption to its preparations for the crucial Christmas shopping season. Tesco has sent home Dan Jago, its category director for beers, wines and spirits; Sean McCurley, who is responsible for convenience food; and William Linnane, who looks after impulse purchases such as confectionery. Read More Read More

A year ago, Tesco received an eccentric complaint. Gary Davies, a wedding photographer from Essex, sent the supermarket an open letter bemoaning the disappearance of Branston baked beans from its shelves. “Dear Tesco,” Davies wrote, “Yet again you’ve attempted to ruin my health and happiness through your blatant attempt at sabotaging, distorting and undermining the free market for baked beans. All I see is a wall of Heinz, supplemented with... Read More

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Supermarkets are making as much as a third of their profits from suppliers by demanding the type of charges that have led to the accounting scandal at Tesco, The Mail on Sunday can reveal. The sums include penalty charges for late or incomplete shipments, bonuses for hitting sales targets, refunds for promotional discounts and one-off payments for a multitude of reasons such as launching new products. The fees are lumped... Read More

Imagine you’ve been out of the country for five years and now you are walking around an Aldi or Lidl. You’d be taken aback, not by the food quality or the outstanding retail strategy, more by the number of suppliers who have allowed their brands to be ripped off. When own label producers started this copycatting practice some 20 years ago in an attempt to step up beyond ‘cheapest on... Read More

So much has been written regarding the demise of Philip Clarke and the new David Lewis era at Tesco that you may be tired of it by now. However, do not underestimate just how seismic a shift this is for a business that still commands about £1 in every £8 spent on all UK retail spending. The new man and his new FD will have little accountability for the 2014/15... Read More

In reference to your article ‘Suppliers angry as retailers keep digging for old debts’ (9 August, p5), please add me to your huge list of cynics. Eight of our 10 large retailers have made voluntary commitments to time-limit forensic audits to two and a bit years. The fact that so many are blitzing the accounts to ensure they’ve missed nothing before magnanimously stopping the practice is an outrage. The spirit... Read More

We are constantly fed a myth-soup about selling and negotiation; like win-win and making buyers happy. Buyers don’t choose to go with your proposal because they like you. They choose to go with you because it is in their best interest to do so, and maybe they like you! You don’t have to be a psychologist – the mistakes we make are not that complex; you don’t have to be... Read More