All Grocery articles – Page 459
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OpinionComment: Morrisons will bring more than just convenience to its stores
Morrisons has never been shy about making bold, strategic moves. When it acquired Kiddicare, it seemed like a slightly curious acquisition.
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NewsJohn Lewis weekly sales jump 8.3% as electricals drive growth
John Lewis sales jumped 8.3% to £63.2m in the week to February 16 as electricals and home technology once again powered growth.
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AnalysisAnalysis: Superquinn’s Feargal Quinn - setting the right retail example
In this extract from his new book legendary retailer Feargal Quinn, founder of Superquinn, shares his thoughts on leadership.
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AnalysisInternational analysis: How Ahold's ICA sale will shape EU markets
Ahold has revealed it has reached an agreement with Swedish retail development company Hakon Invest on the sale of its 60% holding in ICA.
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NewsAsda boss Andy Clarke to ‘leave no stone unturned’ on horse meat
Asda chief executive Andy Clarke has vowed to “leave no stone unturned” in the hunt to discover the extent of meat contamination in the supply chain following the horse meat scandal.
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NewsAsda profits increase despite flat Christmas like-for-likes
Asda’s gross profit increased over the fourth quarter despite like-for-likes remaining flat over Christmas, and the grocer has launched an online offensive on international markets by its fashion brand George.
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AnalysisThe Co-op chief executive Peter Marks: ‘We have let you down’
The Co-operative Group chief executive Peter Marks has written an open letter to customers to apologise for the mutual’s part in the horse meat scandal. Here Marks accepts responsibility for the contamination and explains The Co-op’s response.
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OpinionComment: We need to stop passing the horse meat buck and work together
Supermarkets, suppliers, producers, farmers, politicians and officials have been deeply involved in the horsemeat storm over the last few weeks.
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News
Woolworths reports group sales increase
Food and clothing retailer Woolworths said group sales increased 18% to R16.7bn (£1.21bn) in its first half to December 23, 2012.The retailer also said that operating profit was up 20.6% to R1.7bn (£123.6m). Profit before tax increased 21% to R1.8bn (£130.9m).
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AnalysisAnalysis: Horse meat scandal delivers supply chain lessons
Sarah Butler investigates the supply chain implications after horse DNA was found in burgers and ready meals sold by a number of retailers.
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News
Rewe Group to extend Austrian division
German grocer Rewe Group’s international division and petrol station operator BP are to extend their co-operation in Austria.The companies will roll out the Merkur Inside forecourt store model to about 80 BP petrol stations across the country, adding three to four new outlets every month by the end of 2014. ...
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News
Grocery retailer Spar posts rise in total group sales
Grocery retailer Spar posted total group sales up 3.5% to E12.58bn (£10.84bn) in its 2012 financial year, from E12.15bn (£10.47bn) in 2011.Domestic sales, excluding sport and leisure retailer Hervis, rose 3.8 % to E5.56bn (£4.79bn).Sales at Aspiag (Austria Spar International AG) in Croatia, Czech Republic, Hungary, Italy and Slovenia, were ...
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News
Sales increase at organic grocer Whole Foods Market
Sales at organic grocer Whole Foods Market in the first quarter were up 14% to $3.9bn (£2.5bn), and like-for-like sales rose 7.2%.EBITDA rose 19% to $337m (£217.8m) and net income advanced 24% to $146m (£94.4m).Co-chief executive officer Walter Robb said that a record 10 stores opened during the quarter, and ...
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OpinionBlog: A new era for Asda
We’ve seen Tesco boss Phil Clarke outline his strategy over the past year and now it’s the turn of Asda’s chief Andy Clarke.
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NewsAsda drafts in McKinsey to advise on new five-year plan
Asda is to review its business to develop a wide-ranging strategic plan for the next five years and equip it for the changing retail landscape.
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OpinionComment: Horse meat scandal should drive return of quality control
How should the grocers avoid another scandal like the horse meat saga? By employing independent quality control teams, argues Bill Grimsey.
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NewsRules on price comparison claims are relaxed by advertising bodies
Rules on price comparisons in advertising have been relaxed, allowing retailers to compare prices on a wider range of products.
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NewsIceland apologises for founder Walker’s Panorama comments
Iceland Foods has said it is “deeply sorry” for offence caused by chief executive Malcolm Walker after Irish consumers threatened to boycott the store over comments made on BBC1’s Panorama programme last night.
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AnalysisAnalysis: Why food retailer Morrisons opted for vertical integration
Morrisons has developed a sophisticated, vertically integrated supply chain differentiated from its rivals. Alex Lawson looks at how the grocer has built its sourcing operations.
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AnalysisTimeline: How the horse meat crisis unfolded
The horse meat scandal continues to hit the headlines as retailers and suppliers attempt to restore consumer confidence. Retail Week looks at how events unfolded.