All Grocery articles – Page 466
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NewsOcado sales surge over Christmas period and fourth quarter
Online grocer Ocado experienced a sales surge of 14.2% to £91.6m in the six weeks to January 6 on the back of soaring fourth quarter revenue, which jumped 12.4%.
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AnalysisAnalysis: What can the City expect from the updates this week?
After the numerous, and sometimes headline-grabbing Christmas updates last week, this week looks set to be just as busy, with retailers including Argos, Dixons and Primark revealing their performances over the golden quarter.
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AnalysisAnalysis: What does Judith McKenna’s departure mean for Asda?
The promotion of Asda’s chief operating officer Judith McKenna to join parent company Walmart last week was met with dismay by analysts. Retail Week takes a look at the implications of the move.
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OpinionComment: from Andy Street to Jim McCarthy – my 2012 retail honours list
In a volatile economic climate it’s more difficult for retailers to shine. Following Jessops’ collapse, I wanted to hail successful organisations and the individuals who lead them.
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OpinionComment: Who won the Christmas battle on the high street?
This week has been an eventful week for UK retail. Despite weak overall figures from the BRC there have been some clear winners and losers over the Christmas period.
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NewsAsda shifts management responsibilities as McKenna moves to Walmart
Asda chief operating officer Judith McKenna is to move to parent Walmart’s international business where she will be executive vice-president, strategy and international development.
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NewsFortnum & Mason posts record month in December as sales jump 17.3%
Upmarket food retailer Fortnum & Mason posted a sales surge of 17.3% in December, the highest monthly level in the retailer’s 305-year history as online sales soared 45%.
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NewsJohn Lewis' first week of Clearance Sale drives 26% revenue uplift
John Lewis’ first full week of its Clearance Sale “continued momentum” from Christmas as turnover at the department store surged 26% to £91.8m in the week to January 5.
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OpinionBlog: Tesco piles on the pressure
Tesco’s boss Philip Clarke seemed on relaxed form this morning. The Christmas like-for-like performance, up 1.8%, is the strongest its been for three years and - while a different reporting period - is higher than competitors Sainsbury’s and Morrisons.
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OpinionNick Bubb's Verdict: Cost control won't work forever at M&S
With CEO Marc Bolland under increasing pressure to get profits moving up at M&S, it is unhelpful to his cause that current year expectations have had to be notched down again, even though M&S promises to get its act together this autumn.
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OpinionComment: Tesco should be relieved but there are still more vices than virtues
Tesco is approaching the anniversary of a dark day in its history when it announced a major underperformance of its home market leading to a material acceleration in the group’s change strategy.
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AnalysisTesco: What the analysts say
Tesco today reported a 1.8% uplift in like-for-like sales over Christmas as its core UK business begins to show signs of a turnaround a year-on from its profit warning. The City welcomed the figures.
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AnalysisMarks & Spencer: What the analysts say
Marks & Spencer surprised the City by issuing its Christmas trading update early last night. Analysts were downbeat over the 1.8% like-for-like fall over the festive period.
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AnalysisBlog: Philip Clarke on Tesco's management changes
Today, alongside our Christmas trading update, I’ve announced the appointment of a Managing Director to run Tesco in the UK. The UK is the biggest part of the Tesco business, and it’s our home, so I thought it would be a good idea to tell you a bit more about both the person and why I’ve made this appointment.
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NewsTesco UK like-for-likes edge up 1.8% as it confirms new UK boss
Tesco UK like-for-likes edged up 1.8%, excluding VAT and petrol, over Christmas as it confirms the promotion of Chris Bush to UK managing director.
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AnalysisChristmas roundup: Food - Convenience was King for shoppers
Convenience stores proved vital in grocery over Christmas as stretched shoppers rushed to local shops to raid remaining supplies before the big day.
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NewsMarks & Spencer Christmas like-for-likes fall as clothing sales slump
Marks & Spencer’s like-for-like sales fell 1.8% over Christmas, when clothing sales slumped.
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NewsTesco to appoint HoF's Robin Terrell as multichannel director
Tesco is poised to unveil that is has appointed House of Fraser’s Robin Terrell as its multichannel director.
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OpinionBlog: Sainsbury's should be looking over its shoulder
Sainsbury’s chief executive Justin King was as bullish as ever today, reporting a “record-breaking” Christmas.
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AnalysisSainsbury’s: What the analysts say
Sainsbury’s today reported what it dubbed a “record-breaking Christmas” and recorded a 0.9% uplift in like-for-like sales in the third quarter. The City praised its own label growth but questioned the retailer’s return on investment.