All Grocery articles – Page 502
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News
Grocery retailer Ahold reports sales increase
Dutch grocery retailer Ahold’s sales increased 8% to e17.4bn (£13.76bn) in the first half of 2012.At constant exchange rates, that was a rise of 2.8% compared with the same period last year. Operating income was e724m (£572.8m), up 3.2%.Chief executive Dick Boer said: “We expect market conditions to remain difficult.”
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News
Grocer Delhaize posts sales growth
Grocer Delhaize posted sales of e11.17bn (£8.84bn) for the first half of 2012, representing growth of 10.1% compared with the same period the previous year. Operating profit was e207m (£163.8m), down 51.5%.In the US, revenues fell 2.2% to $9.35bn ($5.91bn). Excluding the 126 stores closed in February, sales increased 0.5%.In ...
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NewsCity positive over potential CVC bid for M&S
Shore Capital analyst Clive Black has welcomed speculation in the media and the City that private equity firm CVC could bid for Marks & Spencer.
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GalleryStore of the week: Magnum, Westfield Stratford City
In the mood for a chocolate orange martini? Or perhaps, if it’s a little early, you’d prefer some edible rose petals or maybe some popping candy. These, and a number of other exotic-sounding items, are all part of the offer at ice cream brand Magnum’s pop-up store in Westfield Stratford City.
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AnalysisAnalysis: The top loyalty cards on the high street
As fashion retailer Jaeger claims its new loyalty offer is “the most generous fashion brand loyalty scheme on the high street”, Retail Week takes a look at other top reward schemes available.
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OpinionBlog: Retirement suits relaxed Peter Marks
Peter Marks appeared more relaxed than usual at The Co-op’s interim results yesterday. The last time I saw Marks was at Retail Week conference when he was literally sprinting down a corridor to go to a meeting in Westminster.
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NewsJohn Lewis sales soar as Olympic feel-good factor continues
John Lewis sales soared 14.5% in the week to August 18 as the Olympic feel-good factor continued beyond the Games.
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AnalysisAnalysis: Asda takes on Tesco in battle for spend
Asda’s chief executive is getting ready to fight off a revived Tesco.
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AnalysisCampaign of the week: Sainsbury’s, Here’s to extraordinary
Launching two weeks before the Paralympic Games Opening Ceremony, Sainsbury’s ‘Here’s to extraordinary’ TV campaign promotes its sponsorship of the event and chimes an inspirational note that should resonate with those suffering from Olympics withdrawal.
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NewsCo-op reports positive results from contactless payment trial
The Co-operative Food has reported positive results from a trial of contactless payment in its London and Manchester stores.
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InterviewQ&A: The Co-op chief executive Peter Marks
The Co-operative Food today reported a 16% fall in half-year profits, and a like-for-like sales decline of 1.2%. At group level operating profits fell by more than a third.Here, group chief executive Peter Marks and chief financial officer Steve Humes explain group performance.
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NewsRetail sales set to worsen
Flat August sales were broadly in line with retailers’ expectations but the next three months are expected to worsen as sentiment deteriorates, the CBI said.
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News
Sainsbury's inks deal with digital video service
Sainsbury’s has signed a deal with Rovi Corporation to provide a new digital video service for its microsite Sainsbury’s Entertainment.
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NewsCo-op profits tumble 16% in 'fiercely competitive food market'
The Co-operative Food’s underlying profit slumped 16% to £119m in the six months to June 30 amid “fierce” competition in the food sector and the “unrelenting consumer downturn”.
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News
Carrefour opens Click & Drive in Indonesia
Carrefour has opened its first drive-in service in Indonesia at the flagship Lebak Bulus hypermarket, south of Jakarta.The initiative, named Click & Drive, enables customers to shop online, choose a time slot and then pick up their goods at a dedicated parking location.Unlike its European equivalents, the drive-in service does ...
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OpinionComment: A decade of change and more to come
Our firm’s recent 10th anniversary has caused us to reflect on what has happened in the retail sector over the past decade – an extraordinary period of change and corporate activity – and to wonder what might happen in the next 10 years.
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AnalysisRetail Week on the Road: Ireland
This week’s final instalment of our On the Road series visits Cork, where food specialist Musgrave is in expansion mode, before heading to Tallaght to visit department store chain Heatons, and Dublin’s upscale department stores Arnotts and Brown Thomas.
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NewsTesco introduces 'traffic light' food labelling system
Tesco has changed its stance to introduce the ‘traffic light’ colour coding system on food packaging after previously shunning the system.
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GalleryIn pictures: Tesco-backed coffee shop opens
The first Harris+Hoole cafe, the new coffee shop chain backed by Tesco, opened in Amersham this week.
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NewsWaitrose to launch new apprenticeship scheme
Waitrose is to launch a new year-long apprenticeship scheme next month.