All Grocery articles – Page 423
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NewsCold Christmas for retail as sales growth stalls
Retailers’ hopes for a winning Christmas have been dashed after food suffered its worst performance for five years and non-food was saved by online.
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NewsIceland international boss Paul Foley resigns
Iceland international business director Paul Foley has resigned his two directorships at the frozen food retailer a year after taking them on.
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AnalysisAnalysis: Where did Morrisons go wrong at Christmas?
Morrisons today surprised the City with an early trading update which warned on profits and reported plunging Christmas sales. Retail Week examines what caused the slump.
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OpinionNick Bubb’s verdict: Marks & Spencer - who’d be a food retailer?
Marc Bolland may have mixed feelings about the unfolding disaster at his old company Morrison’s, but he can be proud of how M&S Food has performed.
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OpinionComment: Grocers have some work to do after 'Excuses Thursday'
There seems to have been an alarming recent trend to label days of the week in retail, a la Sky Sports.
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NewsMorrisons boss Dalton Philips admits it lost out to discounters at Christmas
Morrisons lost out to rivals at Christmas after discount shoppers failed to switch from Aldi and Lidl for their festive shopping, chief executive Dalton Philips has admitted.
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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.