All Grocery articles – Page 406
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AnalysisTesco’s UK turnaround strategy: What the analysts say
Tesco yesterday hosted investors and analysts to outline how it will accelerate its strategy to turnaround its UK arm. Retail Week rounds up the reaction.
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OpinionComment: Surely Mothercare's Simon Calver should have got a bonus
The terms of Simon Calver’s exit from Mothercare are perplexing .
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AnalysisIn quotes: Tesco chiefs on the grocer’s accelerated turnaround plan
Tesco yesterday shed light on its plans to step up the pace of its UK turnaround. Retail Week picks out some key quotes from its bosses.
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NewsThe Co-operative Group considers sale of pharmacy and farms businesses
The Co-operative Group is expected to generate losses of more than £2bn and is considering selling its farming operations and its pharmacies.
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OpinionComment: Property - a silver bullet for Britain’s supermarket giants?
It’s no secret that all of the UK’s big supermarkets sit on large property portfolios.
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OpinionComment: Money in the tills is key for Morrisons
Arbitrage is the practice of taking advantage of a price difference between markets. It’s usually a City term, but is actually common in retail.
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NewsBreakfast briefing: Retail news on Primark, Eason and Supervalu
Retail news round-up on February 26, 2014: No spin-off plans for Primark, sales fall at bookseller Eason and Supervalu invests in stores
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NewsTesco reveals online grocery profits as it builds multichannel offer
Tesco has revealed it made £127m of trading profit in its UK online grocery arm last year, lifting a shadowy veil from one of the biggest unanswered questions in grocery.
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NewsAsda invests extra £100m in price cuts as it battles discounters
Asda is to add to its pot of £200m set aside to invest in prices this year with an additional £100m cash injection.
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NewsTesco to further scale back new space growth
Tesco will today outline plans to cut back its investment in new space to no more than £2.5bn a year for the next three years.
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NewsFebruary retail sales growth exceeds expectations despite floods
Retail sales exceeded growth expectations in the year to February, increasing at their fastest rate since June 2012, despite disruption from the floods in the period.
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NewsSir Terry Leahy urges Government to scrap out-of-date business rates system
Sir Terry Leahy, the former Tesco boss, has called for business rates to be reformed and “probably scrapped” and said the system “has not worked for years”.
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NewsMcColl's valued at £200m on stock market debut
Convenience store group McColl’s was valued at £200m as it listed on the Stock Exchange today.
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NewsTesco to accelerate turnaround as boss Philip Clarke admits 'a lot' of work to do
Tesco plans to ramp up its UK turnaround strategy as boss Philip Clarke admitted there is still “a lot” of work to do to rebuild the brand.
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NewsBreakfast briefing: Retail news on The Co-op, Primark and SSP
Retail news round-up on February 24, 2014: Co-op hails ‘phenomenal’ response to public poll, Primark sales rise in first half and SSP eyes London listing.
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NewsTesco expected to reset margins to woo more shoppers
Tesco is expected to reset its UK margins as it attempts to wrestle spend back and turn around its flagship business.
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NewsTesco mulls Turkish partnership as it focuses on UK turnaround
Tesco is mulling a partnership with a local player in Turkey to lessen its exposure in the market as it concentrates on turning around its UK business.
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AnalysisVideo: The ONS Retail Sales Index explained
The Office for National Statistics today reported retail sales volumes jumped 4.3% year-on-year in January. Retail Week takes a look at how the often questioned figures are compiled.
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NewsJanuary retail sales jump 4.3% confirming growth in the sector
January retail sales volumes jumped 4.3% year-on-year as the Office for National Statistics (ONS) confirmed the retail industry is showing consistent growth.
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NewsInfographic: John Lewis sales rise as shoppers pick up wet weather gear
John Lewis sales jumped 6.4% as the rain and stormy conditions encouraged shoppers to snap up wet weather gear.