All Grocery articles – Page 371
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AnalysisTesco in turmoil: Will the grocery ombudsman get involved?
Tesco shocked the City yesterday by revealing it had discovered pre-tax profits for the last six months have been overstated by £250m.
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NewsAsda maintains share growth as Tesco, Sainsbury's and Morrisons suffer declines
Asda remains the only one of the big four grocers to have grown its market share as Tesco, Morrisons and Sainsbury’s suffered falls.
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NewsTesco chairman under pressure after board rejected warnings from auditors
Tesco chairman Sir Richard Broadbent is facing further pressure after it has emerged the grocer’s board dismissed warnings from its own auditor about how it was accounting for commercial deals with suppliers.
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AnalysisTesco profits overstatement: what the analysts say
Tesco has revealed that its expected half-year profit has been overstated by £250m and has launched an investigation. The City has reaced with shock.
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NewsRobin Terrell assumes leadership of Tesco UK as profits investigation launched
Tesco multichannel director Robin Terrell has stepped in to run the flagship UK business as an investigation begins into a profits overstatement.
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NewsInfographic: John Lewis blames warm weather on weekly sales slump
John Lewis blamed the unseasonably warm weather for its sales fall last week, as Waitrose benefitted from it, recording an increase in sales.
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AnalysisAnalysis: 99p Stores targets convenience supermarkets with retail overhaul
The budget retailer 99p Stores is undergoing an overhaul and raising its ambitions, chief operating officer Tony Brown tells Retail Week.
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AnalysisFood hall review: Selfridges Vs John Lewis
Nick Ward, head of creative strategy at Cubo compares the luxuriant offerings of Selfridges and John Lewis’s respective Oxford Street food halls.
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NewsTech & Ecomm Summit: Lockers will become a big part of retail landscape, says Asda ecommerce boss
Asda’s ecommerce boss has predicted that collection lockers will come to prominence and revealed that improving its mobile site is one of its top priorities.
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OpinionComment: Dave Lewis must focus on strengthening the Tesco brand
Tesco’s chief executive Dave Lewis must both revise the basics for the struggling retailer and work out what modern superstores stand for today.
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NewsAugust retail sales increase 'reflects underlying growth' in sector
Retail sales volumes increased for the seventeenth consecutive month in August, rising 0.4% and reflecting “underlying growth” in the sector.
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AnalysisScottish independence: Retail chief executives give their verdict
On the day Scotland heads en masse to the polling booths, Retail Week rounds up how retail bosses expect Scottish independence will impact the retail industry and affect consumers.
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NewsInflation falls to 1.5% in August as supermarket price war pushes down prices
The supermarket price war has pushed prices down for another month as the CPI rate of inflation fell to 1.5% in August, from 1.6% in July.
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InterviewInterview: Sir Stuart Rose on start-ups, food retail and sustainability
As he prepares to join the House of Lords, the former M&S boss speaks to Retail Week.
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AnalysisAnalysis: How retailers are embracing the developer’s mindset
As shoppers continue to migrate online, retailers are thinking like developers about how best to utilise their empty store space.
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AnalysisAnalysis: Is it time for retail parks to be reinvented?
Game-changing innovations in the mall market have masked a lack of innovation in retail parks. Is the sector ripe for a leap forward?
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AnalysisAnalysis: How food offers are transforming retail destinations
Retail destinations are being transformed by new food and beverage outlets. Retail Week asks whether food really can serve up more retail sales.
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NewsMore than 100 British businesses sign open letter calling for business rates reform
The big four grocers are among more than 100 of Britain’s biggest companies that have called for the controversial business rates system to be overhauled in an open letter published today.
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NewsTesco goes back to future with virtual store tour of 1960s Goodwood shop
Tesco recreated the swinging 60s when it unveiled its retro Tesco store at Goodwood, which took place last weekend.
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NewsFootfall across UK falls 1.1% year on year in August despite sales rise
Footfall across the UK was down 1.1% year on year in August with out-of-town locations the only places to experience a rise in visitors.