Rose back behind the counter
Rose back behind the counter
Sir Stuart Rose is joining Fat Face, the fashion chain, as chairman (Tom Stockill)
SIR STUART ROSE is to become chairman of Fat Face, the clothing chain. It is
the second senior boardroom role he has taken on in the past two weeks.
The former Marks Spencer boss will succeed Alan Giles, who has told Fat
Face he will stand down after seven years.
Rose’s appointment comes less than a fortnight after the 63-year-old was named
chairman of Ocado, the online grocer.
At Fat Face, he will be reunited with his former MS colleague Anthony
Thompson, who is chief executive of the fashion retailer. Rose will join the
board next month and take over as chairman in July. Fat Face is owned by
Bridgepoint, a private equity firm that has Rose as a member of its advisory
board.
The retail chain has been performing strongly and recently announced an 11%
rise in sales for the festive season.
The new role at Fat Face is
Article source: http://www.thesundaytimes.co.uk/sto/business/Retail_and_leisure/article1206552.ece
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Categories: Fat Loss Diary Tags: Alan Giles, Anthony Thompson, Fat Face, Marks Spencer
Fish heads and chicken fat powering British businesses
LONDON — Fish heads and chicken fat are being turned into electricity by Britain’s largest retailers including Wal-Mart Stores that ship food waste to power plants to reduce garbage-removal fees.
Tesco, Britain’s biggest supermarket chain, along with Marks Spencer Group, John Lewis Partnership’s Waitrose, William Morrison Supermarkets and J Sainsbury are testing how meat and fish, cooking oils and leftover sandwiches can lower energy bills and landfill costs when they’re transported to plants for converting into power.
Companies around the world have invested about $18.2 billion in waste-to-energy assets in the past five years, according to Bloomberg New Energy Finance. Waste Management, North America’s biggest trash hauler, purchased stakes in eight companies developing systems to convert rubbish into electricity, fuel and chemicals. In Brazil, cities are building incinerators that burn trash to produce electricity.
Bioenergy can provide at least 8 percent of Britain’s demand by 2020, valued at about $13 billion at today’s oil prices, the government forecasts. Supermarkets are motivated by a landfill tax that makes it increasingly costly to bury waste. The tax starting in April was 64 pounds ($98) a ton and is set to increase by 8 pounds a year.
“Diverting food waste from landfill to anaerobic digestion is a no-brainer for the supermarkets — landfill charges and energy costs are only getting more expensive,” said Niamh McSherry, a food retail analyst at Berenberg Bank.
Anaerobic digestion breaks down organic material in the absence of oxygen to make a biogas that can be burned to generate power. Electricity from this process currently costs about $142.80 a megawatt-hour, according to data from the London-based researcher Bloomberg New Energy Finance. This compares to coal-fired power that costs $78 a megawatt-hour.
Developers of bioenergy plants set to benefit from the emerging industry include Kedco , Enviroparks, GWE Biogas and Biffa Group, which is processing Sainsbury’s waste for the next two years, and Biogen Ltd., which already processes food from Waitrose stores.
Waste-to-power projects in Britain benefit from state subsidies under the government’s Renewable Obligation program that requires utilities to buy increasing amounts of electricity from clean energy sources.
Renewable Obligation Certificates are awarded to generators of renewable power with one being issued for every megawatt-hour produced. Utilities are required to hold increasing amounts of ROCs or pay a penalty and different technologies receive different numbers of ROCs. Anaerobic digestion is currently eligible for two.
Refineries and airlines also are pioneering energy-from- garbage projects. Neste Oil is making diesel for cars and trucks using fat from gutting pangasius, an Asian catfish. Airlines including Air France-KLM Group and Deutsche Lufthansa have started flying planes on used cooking oil.
Wal-Mart’s Asda unit sends old lamb chops to moldy bread to bioenergy sites. About 2,500 homes are powered by Sainsbury’s unsold meals and rotting vegetables. Waitrose chickens are kept warm in solar huts as Tesco examines how fat from rotisseries can produce electricity.
Waitrose sends all “unavoidable” food waste, packaged or unpackaged, raw or cooked, to anaerobic digestion facilities to make biogas used to generate power for the National Grid.
Tesco is saving 200 million pounds on its energy bills every year through low carbon and energy-efficient technologies introduced since 2006. Marks Spencer saved more than 70 million pounds last year. Asda expects to save about 800 million pounds by 2020 by implementing energy-saving measures.
Morrison’s, as part of its plan for zero waste to go to landfills by 2013, sends trash to bioenergy plants. Marks Spencer sends 89 percent of its food waste, including salads and sandwiches, to similar facilities as it strives to become carbon-neutral in Britain and Ireland this year.
“Anaerobic digestion saves the food retailers money and allows them to demonstrate their ‘green credentials’ to the government and consumers,” McSherry said in London.
The DECC estimates that anaerobic digestion facilities and plants using wood chips, food waste and agricultural residues to produce heat and power could account for 8 percent to 11 percent of Britain’s primary energy demand within eight years.
Sainsbury’s, Britain’s third-largest supermarket after Tesco and Asda, in February invested in Tamar Energy, which plans to build 40 plants within five years that will use waste to generate electricity. The business is backed by financier Jacob Rothschild’s RIT Capital Partners investment trust and the Duchy of Cornwall estate held by Prince Charles, heir to Britain’s throne.
Anaerobic digestion is not the only renewable energy source that food retailers are using to chop bills and cut emissions as Britain seeks to get 15 percent of its energy from clean sources by 2020.
Sainsbury’s, trying to reduce emissions by 30 percent by 2020, has installed about 7 megawatts of solar panels on its stores, which combined is probably larger than any single solar farm in Britain, said Neil Sachdev, property director for the retailer, by email. One store also uses geothermal power.
Both Sainsbury’s and Marks Spencer also source electricity directly from renewable energy generators including land-based wind farms, biomass facilities and hydropower. Sainsbury’s currently gets more than 4 percent from renewables, with plans to boost this past 10 percent by 2013.
Waitrose in March opened a store on the Isle of Wight powered by wood chips. It is seeking to install as many as 150 similar energy centers by 2020 and plans to open its second in Bracknell this month. Wind turbines and solar panels already provide heat and light for chicken huts at its Leckford Estate in Hampshire. Sainsbury’s sends all bread waste for processing into animal feed.
Tesco, seeking to cut store emissions in half by 2020 from 2006 levels, is testing the potential of clean-energy technologies such as sun-powered lights in parking lots at six zero-carbon stores in Britain, Ireland, Thailand and the Czech Republic. Many of its stores now use energy-saving lights.
“A modern brand is a sustainable brand,” said Lucy Neville Rolfe, executive director in corporate and legal affairs at Tesco. “Reducing energy tends to save money.”
Morrison’s said it opened its “greenest” store last October in Peterborough. The store is testing solar panels, more efficient lighting and air-source pumps that use outside oxygen for heating.
“Reducing energy consumption and sustainably managing waste is just good business,” Bob Gordon, head of environment at the British Retail Consortium, said. “U.K. retailers are saving literally hundreds of millions of pounds per year through their sustainability agendas.”
Article source: http://bangordailynews.com/2012/06/11/business/fish-heads-and-chicken-fat-powering-british-businesses/
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Categories: Fat Loss Diary Tags: Ireland, London, Marks Spencer, money
Fish Heads to Chicken Fat Light Homes, Cut Retailer Costs
Fish heads and chicken fat are being
turned into electricity by the U.K.’s largest retailers
including Wal-Mart Stores Inc. (WMT) (WMT) that ship food waste to power
plants to reduce garbage-removal fees.
Tesco Plc (TSCO), Britain’s biggest supermarket chain, along with
Marks Spencer Group Plc (MKS), John Lewis Partnership Plc’s
Waitrose, William Morrison Supermarkets Plc (MRW) and J Sainsbury Plc
are testing how meat and fish, cooking oils and leftover
sandwiches can lower energy bills and landfill costs when
they’re transported to plants for converting into power.
Companies in other countries are pursuing similar waste-to-
energy projects. Waste Management Inc. (WM) (WM), North America’s biggest
trash hauler, purchased stakes in eight companies developing
systems to convert rubbish into electricity, fuel and chemicals.
In Brazil, cities are building incinerators that burn trash to
produce electricity. Global investments in waste-to-energy
assets totaled about $18.2 billion from the first quarter of
2007 through the first quarter of 2012, according to Bloomberg
New Energy Finance.
Bioenergy can provide at least 8 percent of the U.K.’s
demand by 2020, valued at about $13 billion at today’s oil
prices, the government forecasts. Supermarkets are motivated by
a landfill tax that makes it increasingly costly to bury waste.
The tax starting in April was 64 pounds ($98) a ton and is set
to increase by 8 pounds a year.
“Diverting food waste from landfill to anaerobic digestion
is a no-brainer for the supermarkets — landfill charges and
energy costs are only getting more expensive,” said Niamh McSherry, a food retail analyst at Berenberg Bank.
Gutting Catfish
Anaerobic digestion breaks down organic material in the
absence of oxygen to make a biogas that can be burned to
generate power. Electricity from this process currently costs
about $142.80 a megawatt-hour, according to data from the
London-based researcher Bloomberg New Energy Finance. This
compares to coal-fired power that costs $78 a megawatt-hour.
Developers of bioenergy plants set to benefit from the
emerging industry include Kedco Plc (KED), Enviroparks Ltd., GWE
Biogas Ltd. and Biffa Group Ltd., which is processing
Sainsbury’s waste for the next two years, and Biogen Ltd., which
already processes food from Waitrose stores. Waste-to-power
projects in the U.K. benefit from state subsidies.
Refineries and airlines also are pioneering energy-from-
garbage projects. Neste Oil Oyj (NES1V) is making diesel for cars and
trucks using fat from gutting pangasius, an Asian catfish.
Airlines including Air France-KLM (AF) Group and Deutsche Lufthansa
AG (LHA) have started flying planes on used cooking oil.
Leftover Salads, Sandwiches
Wal-Mart’s Asda unit sends old lamb chops to moldy bread to
bioenergy sites. About 2,500 homes are powered by Sainsbury’s
unsold meals and rotting vegetables. Waitrose chickens are kept
warm in solar huts as Tesco examines how fat from rotisseries
can produce electricity.
Waitrose sends all “unavoidable” food waste, packaged or
unpackaged, raw or cooked, to anaerobic digestion facilities to
make biogas used to generate power for the National Grid.
Tesco is saving 200 million pounds on its energy bills
every year through low carbon and energy-efficient technologies
introduced since 2006. Marks Spencer saved more than 70
million pounds last year. Asda expects to save about 800 million
pounds by 2020 by implementing energy-saving measures.
Morrison’s, as part of its plan for zero waste to go to
landfills by 2013, sends trash to bioenergy plants. Marks
Spencer sends 89 percent of its food waste, including salads and
sandwiches, to similar facilities as it strives to become
carbon-neutral in the U.K. and Ireland this year.
Heir to Throne
“Anaerobic digestion saves the food retailers money and
allows them to demonstrate their ‘green credentials’ to the
government and consumers,” McSherry said in London.
The DECC estimates that anaerobic digestion facilities and
plants using wood chips, food waste and agricultural residues to
produce heat and power could account for 8 to 11 percent of the
U.K.’s primary energy demand within eight years.
Sainsbury (SBRY)’s, the U.K.’s third-largest supermarket after
Tesco and Asda, in February invested in Tamar Energy Ltd., which
plans to build 40 plants within five years that will use waste
to generate electricity. The business is backed by financier
Jacob Rothschild’s RIT Capital Partners Plc investment trust and
the Duchy of Cornwall estate held by Prince Charles, heir to
Britain’s throne.
Anaerobic digestion is not the only renewable energy source
that U.K. food retailers are using to slash bills and cut
emissions as Britain seeks to get 15 percent of its energy from
clean sources by 2020.
Solar Chicken Huts
Sainsbury’s, trying to reduce emissions by 30 percent by
2020, has installed about 7 megawatts of solar panels on its
stores, which combined is probably larger than any single solar
farm in the U.K., Neil Sachdev, property director for the
retailer, said by e-mail. One store also uses geothermal power.
Both Sainsbury’s and Marks Spencer also source
electricity directly from renewable energy generators including
land-based wind farms, biomass facilities and hydropower.
Sainsbury’s currently gets more than 4 percent from renewables,
with plans to boost this past 10 percent by 2013.
Waitrose in March opened a store on the Isle of Wight
powered by wood chips. It’s seeking to install as many as 150
similar energy centers by 2020 and plans to open its second in
Bracknell this month. Wind turbines and solar panels already
provide heat and light for chicken huts at its Leckford Estate
in Hampshire. Sainsbury’s sends all bread waste for processing
into animal feed.
‘Greenest’ Store
Tesco, aiming to cut store emissions in half by 2020 from
2006 levels, is testing the potential of clean-energy
technologies such as sun-powered lights in car parks at six
zero-carbon stores in the U.K., Ireland, Thailand and the Czech
Republic. Many of its stores now use energy-saving lights.
Morrison’s opened its “greenest” store last October in
Peterborough. The store is testing solar panels, more efficient
lighting and air-source pumps that use outside oxygen for
heating.
“Reducing energy consumption and sustainably managing
waste is just good business,” Bob Gordon, head of environment
at the British Retail Consortium, said. “U.K. retailers are
saving literally hundreds of millions of pounds per year through
their sustainability agendas.”
To contact the reporter on this story:
Louise Downing in London at
ldowning4@bloomberg.net
To contact the editor responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Article source: http://www.businessweek.com/news/2012-06-05/fish-heads-to-chicken-fat-light-homes-cut-retailer-costs
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Categories: Fat Loss Diary Tags: Ireland, Leftover Salads, London, Marks Spencer
Fish Heads to Chicken Fat Light Homes, Cut Retailer Costs
Fish heads and chicken fat are being
turned into electricity by the U.K.’s largest retailers
including Wal-Mart Stores Inc. (WMT) that ship food waste to power
plants to reduce garbage-removal fees.
Tesco Plc (TSCO), Britain’s biggest supermarket chain, along with
Marks Spencer Group Plc (MKS), John Lewis Partnership Plc’s
Waitrose, William Morrison Supermarkets Plc (MRW) and J Sainsbury Plc
are testing how meat and fish, cooking oils and leftover
sandwiches can lower energy bills and landfill costs when
they’re transported to plants for converting into power.
Companies in other countries are pursuing similar waste-to-
energy projects. Waste Management Inc. (WM), North America’s biggest
trash hauler, purchased stakes in eight companies developing
systems to convert rubbish into electricity, fuel and chemicals.
In Brazil, cities are building incinerators that burn trash to
produce electricity. Global investments in waste-to-energy
assets totaled about $18.2 billion from the first quarter of
2007 through the first quarter of 2012, according to Bloomberg
New Energy Finance.
Bioenergy can provide at least 8 percent of the U.K.’s
demand by 2020, valued at about $13 billion at today’s oil
prices, the government forecasts. Supermarkets are motivated by
a landfill tax that makes it increasingly costly to bury waste.
The tax starting in April was 64 pounds ($98) a ton and is set
to increase by 8 pounds a year.
“Diverting food waste from landfill to anaerobic digestion
is a no-brainer for the supermarkets — landfill charges and
energy costs are only getting more expensive,” said Niamh McSherry, a food retail analyst at Berenberg Bank.
Gutting Catfish
Anaerobic digestion breaks down organic material in the
absence of oxygen to make a biogas that can be burned to
generate power. Electricity from this process currently costs
about $142.80 a megawatt-hour, according to data from the
London-based researcher Bloomberg New Energy Finance. This
compares to coal-fired power that costs $78 a megawatt-hour.
Developers of bioenergy plants set to benefit from the
emerging industry include Kedco Plc (KED), Enviroparks Ltd., GWE
Biogas Ltd. and Biffa Group Ltd., which is processing
Sainsbury’s waste for the next two years, and Biogen Ltd., which
already processes food from Waitrose stores. Waste-to-power
projects in the U.K. benefit from state subsidies.
Refineries and airlines also are pioneering energy-from-
garbage projects. Neste Oil Oyj (NES1V) is making diesel for cars and
trucks using fat from gutting pangasius, an Asian catfish.
Airlines including Air France-KLM (AF) Group and Deutsche Lufthansa
AG (LHA) have started flying planes on used cooking oil.
Leftover Salads, Sandwiches
Wal-Mart’s Asda unit sends old lamb chops to moldy bread to
bioenergy sites. About 2,500 homes are powered by Sainsbury’s
unsold meals and rotting vegetables. Waitrose chickens are kept
warm in solar huts as Tesco examines how fat from rotisseries
can produce electricity.
Waitrose sends all “unavoidable” food waste, packaged or
unpackaged, raw or cooked, to anaerobic digestion facilities to
make biogas used to generate power for the National Grid.
Tesco is saving 200 million pounds on its energy bills
every year through low carbon and energy-efficient technologies
introduced since 2006. Marks Spencer saved more than 70
million pounds last year. Asda expects to save about 800 million
pounds by 2020 by implementing energy-saving measures.
Morrison’s, as part of its plan for zero waste to go to
landfills by 2013, sends trash to bioenergy plants. Marks
Spencer sends 89 percent of its food waste, including salads and
sandwiches, to similar facilities as it strives to become
carbon-neutral in the U.K. and Ireland this year.
Heir to Throne
“Anaerobic digestion saves the food retailers money and
allows them to demonstrate their ‘green credentials’ to the
government and consumers,” McSherry said in London.
The DECC estimates that anaerobic digestion facilities and
plants using wood chips, food waste and agricultural residues to
produce heat and power could account for 8 to 11 percent of the
U.K.’s primary energy demand within eight years.
Sainsbury (SBRY)’s, the U.K.’s third-largest supermarket after
Tesco and Asda, in February invested in Tamar Energy Ltd., which
plans to build 40 plants within five years that will use waste
to generate electricity. The business is backed by financier
Jacob Rothschild’s RIT Capital Partners Plc investment trust and
the Duchy of Cornwall estate held by Prince Charles, heir to
Britain’s throne.
Anaerobic digestion is not the only renewable energy source
that U.K. food retailers are using to slash bills and cut
emissions as Britain seeks to get 15 percent of its energy from
clean sources by 2020.
Solar Chicken Huts
Sainsbury’s, trying to reduce emissions by 30 percent by
2020, has installed about 7 megawatts of solar panels on its
stores, which combined is probably larger than any single solar
farm in the U.K., Neil Sachdev, property director for the
retailer, said by e-mail. One store also uses geothermal power.
Both Sainsbury’s and Marks Spencer also source
electricity directly from renewable energy generators including
land-based wind farms, biomass facilities and hydropower.
Sainsbury’s currently gets more than 4 percent from renewables,
with plans to boost this past 10 percent by 2013.
Waitrose in March opened a store on the Isle of Wight
powered by wood chips. It’s seeking to install as many as 150
similar energy centers by 2020 and plans to open its second in
Bracknell this month. Wind turbines and solar panels already
provide heat and light for chicken huts at its Leckford Estate
in Hampshire. Sainsbury’s sends all bread waste for processing
into animal feed.
‘Greenest’ Store
Tesco, aiming to cut store emissions in half by 2020 from
2006 levels, is testing the potential of clean-energy
technologies such as sun-powered lights in car parks at six
zero-carbon stores in the U.K., Ireland, Thailand and the Czech
Republic. Many of its stores now use energy-saving lights.
Morrison’s opened its “greenest” store last October in
Peterborough. The store is testing solar panels, more efficient
lighting and air-source pumps that use outside oxygen for
heating.
“Reducing energy consumption and sustainably managing
waste is just good business,” Bob Gordon, head of environment
at the British Retail Consortium, said. “U.K. retailers are
saving literally hundreds of millions of pounds per year through
their sustainability agendas.”
To contact the reporter on this story:
Louise Downing in London at
ldowning4@bloomberg.net
To contact the editor responsible for this story:
Reed Landberg at
landberg@bloomberg.net
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Article source: http://www.bloomberg.com/news/2012-06-05/fish-heads-to-chicken-fat-light-homes-cut-retailer-costs.html
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Categories: Fat Loss Diary Tags: Ireland, Leftover Salads, London, Marks Spencer