All Grocery articles – Page 302
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AnalysisAsda profits surpass £1bn mark despite falling sales and market share
Asda’s operating profits increased 1.9% to £1.012bn last year despite falling like-for-like sales and declining market share.
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AnalysisAnalysis: five things we learned from Tesco's first-half results
Tesco reports a 55% fall in operating profits, but hails improving like-for-likes, volumes and transactions in its core UK business.
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AnalysisBryan Roberts: Why Tesco still has big worries after a first-half mixed bag
Like almost every grocer’s results at the moment, Tesco’s update was a mixed bag – but the big worry is the underperforming superstore estate.
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AnalysisIs Tesco on the road to recovery? What the analysts say
Tesco has reported a 55% slide in half-year profits as boss Dave Lewis continues his attempts to turn around the business.
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AnalysisConvivality completes acquisition of supplier Matthew Clark and rebrands
Bargain Booze owner Conviviality Retail has completed the acquisition of supplier Matthew Clark and dropped the word ‘retail’ from its name.
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AnalysisDave Lewis warns Tesco staff could face employee benefits cuts over living wage
Tesco boss Dave Lewis has warned its staff could face losing some of their staff benefits as the impact of the living wage takes hold.
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AnalysisTesco boss Lewis 'confident' the grocer is on the up despite tumbling profits
Tesco boss Dave Lewis believes the grocer has “stepped forward” as a business after hitting its lowest ebb, but warned “nothing is guaranteed”.
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AnalysisTesco operating profits slump 55% but 'improvement' hailed in like-for-likes
Tesco has reported a 55% slump in profit during its first half but has hailed “further improvement” in like-for-like sales during its second quarter.
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AnalysisTesco simplifies payment terms to create 'fairer' deals with suppliers
Tesco has unveiled new supplier payments terms, which it says will create a “fairer” and more standardised system.
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AnalysisSainsbury’s boss: ‘Netto stores have taught us a lot about discounters’
Sainsbury’s boss Mike Coupe has revealed the grocer is “learning a lot” about the discount market through the launch of Netto stores.
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AnalysisOcado to create almost 2,000 jobs before Christmas trading period
Ocado will recruit almost 2,000 staff before Christmas, but the etailer insisted the recruitment drive has nothing to do with an international deal.
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VideoShortcuts: A guide to how money from the plastic bag levy will be spent
The plastic bag levy landed this week in England. In 60 seconds we explain where the potential £780m raised over 10 years will be going
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NewsBreakfast briefing: Retail news on Ocado, Apple and Net-a-Porter
Retail news round-up on October 6, 2015: Ocado on a hiring spree, Apple buys tech start-up Perceptio and Alison Loehnis named Net-a-Porter president.
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AnalysisMorrisons scraps price-match scheme in favour of 'simpler' loyalty card
Morrisons has abandoned its Match & More price-match scheme and is poised to introduce a “simpler” loyalty card system in its place.
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AnalysisChristo Wiese's Brait ups stake in frozen food retailer Iceland to 57%
Brait, the investment vehicle of South African billionaire Christo Wiese, has boosted its shareholding in frozen food chain Iceland to 57%.
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NewsBreakfast briefing: Retail news on Sainsbury’s, Tesco, HMV and Iceland
Retail news round-up on October 5, 2015: Sainsbury’s queried over supplier income disclosures, Tesco results, HMV’s overseas expansion and Brait ups stake in Iceland.
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AnalysisNext week in retail: Results from Ted Baker, Tesco and DFS
Retail Week presents a round-up of what to look out for next week, including a half-year update from Tesco and full-year figures from DFS.
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AnalysisWalmart to axe 450 jobs as it restructures head office team
US retail titan Walmart will wield the axe on 450 jobs at its headquarters in Arkansas as it restructures its management team.
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AnalysisAnalysis: Tesco's international arm will face scrutiny at its half-year update
Tesco is expected to post positive interims next week, but its struggling overseas operations are set to face a brighter than usual spotlight.
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AnalysisMcColl's chairman John Coleman steps down with immediate effect
McColl’s chairman John Coleman has stepped down from his role with immediate effect “to focus on new opportunities”, the retailer has revealed.