All Grocery articles – Page 420
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NewsTesco FD Laurie McIlwee: "Market contracted more than we anticipated in December"
Tesco chief financial officer Laurie McIlwee said the grocer was “too optimistic” at the beginning of December and the market contracted more than it thought over the key Christmas trading period, leading to “disappointing” results.
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NewsM&S forced into Sale early by 'unprecedented' level of promotions, says Bolland
Marks & Spencer boss Marc Bolland said the retailer tried to hold its nerve over Christmas promotions but was forced into Sale early by “unprecedented” promotional activity.
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AnalysisMorrisons' Christmas trading: What the analysts say
Morrisons today brought forward its planned Christmas trading update to inform the City of its 5.6% fall in like-for-like sales over Christmas. Retail Week rounds up the reaction.
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OpinionBlog: Tesco boss Philip Clarke on the grocer's Christmas performance
As seasonal as the sales, the flurry of Christmas trading statements is well underway and we have reported our sales update this morning.
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NewsMarks & Spencer blames warm weather and discounting for lacklustre quarter
Marks & Spencer has blamed warm weather in October and Christmas discounting for its lacklustre third-quarter performance, which was dragged down by general merchandise sales.
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NewsMorrisons' Christmas like-for-likes slump 5.6%
Morrisons’ like-for-like sales fell 5.6% excluding petrol over the Christmas period, and the grocer warned it now expects full-year profit to be at the lower end of expectations.
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NewsTesco reports UK Christmas like-for-likes down 2.4%
Tesco has reported like-for-like sales in the UK fell by 2.4% over Christmas, maintaining that weakness in the grocery market impacted its performance.
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InterviewQ&A: Gousto's chief executive and co-founder Timo Schmidt
Timo Schmidt, chief executive and co-founder of online food specialist Gousto speaks to Retail Week about his life working in retail.
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OpinionComment: Next makes money in the middle market
Next was very much in fashion with shoppers over Christmas, when it posted better than expected sales.
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AnalysisSainsbury's Justin King: 'The toughest Christmas trading environment in my 30 years of retail'
Sainsbury’s chief executive Justin King has said the overall food market in the third quarter will be flat or in slight decline – the first time this has happened in his 30 years of retailing.
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OpinionComment: Retail trends that are not just for Christmas
The concentrated nature of the festive trading period amplifies consumer trends like no other and there are already telling lessons to be drawn for the year ahead.
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NewsMajestic Wine toasts strong Christmas sales
Majestic Wine has popped the cork on strong Christmas trading figures as shoppers sought out its premium wine offer over the festive party season.
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NewsWaitrose enjoys record Christmas as shoppers seek premium food
Waitrose has posted record Christmas trading figures as shoppers sought premium food and utilised the grocer’s strong multichannel offer.
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NewsThe Co-op posts Christmas sales rise driven by convenience shoppers
The Co-operative Food enjoyed a strong Christmas buoyed by shoppers rushing to its convenience stores to top-up shop over the festive season.
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NewsSainsbury's like-for-likes edge up 0.2% over "best ever" Christmas
Sainsbury’s has reported like-for-likes were up 0.2% in its third quarter but still recorded its best ever Christmas.
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AnalysisAt a glance: Dutch value retailer Hema
As Dutch retailer Hema reveals plans to enter the UK market, Retail Week lifts the lid on the value chain.
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NewsAldi hits out at rivals’ price cuts as it launches new campaign
Aldi has taken a swipe at its rivals’ price cuts as it launches a new round of advertising for its Swap & Save Campaign.
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NewsBooths enjoys record Christmas as like-for-likes rise 6%
Upmarket grocer Booths enjoyed a strong Christmas posting a 6% like-for-like sales rise as shoppers sought premium food.
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NewsBreakfast briefing: Retail news on Marks and Spencer, Lush and supermarkets
Retail news round-up on January 7, 2014: Lush posts Christmas sales surge as full year profits fall, Marks & Spencer house broker Citi cuts £10m from annual pre-tax profit forecast, Major supermarket chains to sign up for twice as much warehouse space in 2014