All Grocery articles – Page 134
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NewsKingfisher and Morrisons FTSE 100 status in jeopardy
B&Q owner Kingfisher and grocer Morrisons both face potential ejection from the FTSE 100 this week.
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NewsNew John Lewis boss White to launch strategic review
The new chair of the John Lewis Partnership, Dame Sharon White, plans to initiate a strategic review of the department stores and grocery giant.
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NewsAsda circled by raft of potential buyers
Petrol station tycoons and private equity houses are understood to be among those interested in taking a majority stake in Walmart-owned Asda.
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NewsWalmart ‘in discussions’ to sell Asda stake
Asda’s parent company Walmart has said it may sell a stake in the business and has opened discussions with a “small number of interested parties”.
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NewsMcColl’s profits slump as it seeks new debt arrangement
Struggling convenience store group McColl’s has posted declining profits and sales figures and confirmed it is in discussion with lending banks about a new debt facility.
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NewsNon-food prices fall at sharpest rate since May 2018
February shop prices fell despite food costs holding steady as non-food prices declined at their sharpest rate since May 2018, according to the BRC-Nielsen Shop Price Index.
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GalleryStore gallery: Tesco unveils first city-centre cashless store
Tesco has opened a cashless store as the number of customers paying with physical money declines in its Express stores. The store format in High Holborn, central London, is the second of its kind.
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NewsTesco to axe 1,800 roles in store bakery shake-up
Tesco is to axe more than 1,800 roles as part of sweeping changes to the way it operates its in-store bakeries.
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OpinionOpinion: Walmart’s $50bn onslaught on Amazon has lessons for all
Walmart might have disappointed analysts with a fourth-quarter sales slowdown, but its online business is powering ahead amid a concerted counterattack on Amazon.
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NewsTesco exits China with £275m deal
Tesco has sold its 20% holding in Chinese business Gain Land as it increases focus on its core operations.
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NewsHotel Chocolat’s ‘strong’ sales boosted by new store openings
Hotel Chocolat has posted “another strong” set of results, which chief executive Angus Thirwell attributed to offering its customers a “wider variety of sales channels”.
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AnalysisSixty seconds with… Iceland’s Richard Walker
As Retail Week Live nears, we interview some of the event’s most exciting speakers. This week meet Iceland’s managing director and sustainability champion Richard Walker.
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NewsLidl pledges £1bn investment to reach 1,000-store target
Lidl has pledged to invest more than £1bn in new stores over the next two years as it ramps up expansion plans to reach its target of 1,000 stores in the UK by 2023.
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InterviewInterview: McDonald’s Pomroy reveals ingredients of enduring success
There’s a real buzz around McDonald’s UK headquarters in north London – and not just because of the heavy machinery renovating its adjoining Hamburger University.
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NewsAsda blames ‘challenging market conditions’ for sales slump
Asda has blamed “challenging market conditions” for its fourth-quarter slump in like-for-like sales, particularly in clothing.
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NewsMarks & Spencer fires warning to landlords over loss-making stores
Marks & Spencer has warned its landlords it will shut underperforming stores, placing property owners on red alert for further closures.
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NewsShoppers face higher prices without EU trade deal, BRC warns
British consumers face the prospect of higher prices and reduced availability if the Government fails to strike a comprehensive trade deal with the European Union, the British Retail Consortium has warned.
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NewsTesco ‘unlawfully’ blocked rivals from opening stores, CMA finds
Tesco has been slammed by the competition watchdog for “unlawfully stopping rivals from opening shops near its stores”.
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AnalysisSixty seconds with… Nespresso’s Guillaume Chesneau
As Retail Week Live nears, we take the chance to interview some of its most exciting speakers. This week, meet Guillaume Chesneau, managing director of Nespresso for UK and Ireland.
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NewsWalmart scraps personal shopping service, 300 jobs lost
Walmart is closing its personal shopping service after failing to find investors for the struggling operation.