All Grocery articles – Page 369
-
NewsSainsbury's reports Q2 like-for-likes down 2.8% and warns on second half
Sainsbury’s has reported like-for-like sales excluding petrol down 2.8% for its second quarter, as boss Mike Coupe warns the second half is likely to be as tough.
-
NewsFinancial Conduct Authority investigates Tesco's profit overstatement
The Financial Conduct Authority (FCA) has kicked off a full investigation into Tesco’s profit overstatement of £250m.
-
NewsBreakfast briefing: Retail news on eBay, Forever 21 and Tesco
Retail news round-up on October 1, 2014: eBay and PayPal to split next year; Forever 21 UK narrows full-year losses; Supermarket suppliers watchdog weighs into Tesco crisis.
-
NewsJohn Lewis scoops omnichannel retailer of the year at World Retail Awards
John Lewis scooped the Omnichannel Retailer of the Year gong at the World Retail Awards as Net-a-Porter’s bosses took home the Outstanding Leadership award.
-
NewsWhittard of Chelsea poised to launch new store concept as EBITDA grows
Whittard of Chelsea has revealed plans to launch a new store concept as the tea and coffee specialist reported record EBITDA growth in its full year results.
-
NewsSainsbury's issues '50p challenge' to staff to encourage customers to spend more
Sainsbury’s has issued a ‘50p challenge’ to its staff, urging them to encourage customers to spend an extra 50p per shopping trip until the year-end.
-
NewsConsumer confidence in stasis as growth in GDP fails to rub off
Consumer confidence has dropped in September as people failed to feel better off despite the UK’s growth in GDP, according to GfK.
-
NewsWalmart appoints Instagram founder Kevin Systrom to board
Walmart has appointed Instagram founder Kevin Systrom to its board to tap into his “entrepreneurial background and digital expertise”.
-
NewsTesco lines up £2.5bn war chest to protect it from ratings downgrades
Tesco has secured a £2.5bn revolving credit facility to protect it against the impact of possible ratings downgrades, following last week’s profits crisis.
-
AnalysisAnalysis: Seven ways to change company culture following Tesco crisis
Following Tesco boss Dave Lewis’s email to staff calling for a “change in our culture”, Retail Week speaks to experts about what the grocer needs to do.
-
NewsFormer Morrisons treasurer Paul Coyle charged with insider trading
The Financial Conduct Authority (FCA) has charged Morrisons’ former group treasurer and head of tax Paul Coyle with insider trading.
-
NewsCarrefour Spain gives VAT discounts to young people
Carrefour Spain has launched a new discount that gives young people VAT discounts on fresh food.
-
AnalysisTimeline: How Marks & Spencer has innovated over the past century
M&S has gathered together some of its best ideas of the last 130 years as it prepares to launch a course on commercial innovation with Leeds University.
-
OpinionComment: Walmart’s GoBank deal isn’t really about banking
Walmart’s decade-old aspiration to start its own bank just got a boost, with the roll-out of GoBank, a free mobile checking account, in partnership with Green Dot.
-
NewsGraze.com reports rising sales after targeting family market
Snacks etailer Graze.com has reported sales up 31% to £52.7m after successfully targeting the family market.
-
NewsTesco whistleblower's concerns over £250m profit overstatement initially ignored
Initial warnings from the whistleblower who revealed a £250m profit overstatement at Tesco were ignored, it is understood.
-
GalleryStore gallery: How the hypermarket store format succeeds in France
French hypermarkets offer lessons to British retailers with large stores. How do they do it? Retail Week reports from Calais.
-
NewsAldi says price war has played into its hands as sales and profits surge
Aldi has revealed surging full-year sales and profits and claims that the grocery price war has played into its hands.
-
InterviewInterview: Aldi bosses on how the discounter is shaking up UK grocery
Aldi’s disruptive model has led to an historic structural shift in grocery. And it’s only just getting started.
-
NewsTesco boss Lewis: 'Culture, processes and proposition must change'
Tesco boss Dave Lewis has told staff that its culture, processes and brand proposition must change but progress is being made despite this week’s accounting storm.