All Grocery articles – Page 515
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AnalysisTesco's prospects: The City view
Tesco’s poor Christmas trading update wiped £5bn off the company’s stock market value yesterday in what is being dubbed a ‘Black Thursday’ for retail.
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News
CP All falls short of 2011 sales target
Thai convenience store chain CP All has said it expects to fall short of its 2011 sales target by between 1% and 2% because of the recent flooding in central provinces. However, the retailer is confident that sales at its 7-Eleven convenience banner will grow between 13% and 15% in ...
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AnalysisUS discounters turn up the heat in grocery sector
Last week, US-based discount retailer Family Dollar posted a 7.6% increase in net sales to $2.1bn (£1.36bn) on the back of strong growth in the consumables category.
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NewsFortnum & Mason enjoys record sales
Fortnum & Mason has reported record sales figures despite last year’s UK Uncut “tax avoidance” protests.
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NewsTesco reports "disappointing" Christmas as like-for-likes fall 2.3%
Tesco has reported its worst Christmas sales performance in decades as UK like-for-likes excluding VAT and petrol declined 2.3%.
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NewsBooths sales up as shoppers entertain over Christmas
Northern supermarket chain Booths has praised its ‘canny’ consumers following a 3% increase in like-for-like sales over the Christmas period.
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NewsSainsbury's market share highest since March 2003
Sainsbury’s has achieved its biggest market share in eight years and the conversion of Netto stores has boosted Asda’s share, the latest Kantar data showed.
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NewsMajestic Wine posts seasonal sales rise
Drinks specialist Majestic Wine has posted fizzy seasonal sales over Christmas.
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NewsFood sales drive M&S Christmas performance as general merchandise suffers
Marks & Spencer has posted a strong food performance from its food arm over Christmas but general merchandise sales fell and margins were hit by promotions.
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NewsRetail businesses in administration set to rise in coming months, warns BRC
The rise in business rates in April will fuel growth in the number of retail businesses going into administration, the British Retail Consortium (BRC) has warned.
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News
Massmart receives approval from Competition Tribunal
Grocery retailer Massmart has received approval from the Competition Tribunal to acquire Fruitspot and Rhino Group via two of its subsidiaries. Massmart, which revealed plans to buy fresh fruit and vegetable wholesaler Fruitspot through its Makro cash-and-carry subsidiary in July 2011, was given conditional approval.The tribunal said: “In the merger ...
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NewsTesco non-food boss Per Bank to leave
Tesco UK non-food commercial director Per Bank is to leave the top grocer to become chief executive of Scandinavian food retailer Dansk Supermarked.
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News
Convenience store operator Lawson plans store increase
Japan-based convenience store operator Lawson plans to acquire Chinese retail chains to increase its stores in China to about 5,000 by 2015, president Takeshi Niinami said in an interview with Kyodo News. Lawson has so far opened about 340 convenience stores in Shanghai, Chongqing and Dalian.Niinami also said that although ...
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NewsMorrisons raids Sainsbury's for marketing director
Supermarket group Morrisons has poached a senior Sainsbury’s staffer to become marketing director.
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AnalysisLucy Neville-Rolfe
The departure early next year of one of former Tesco chief executive Sir Terry Leahy’s key lieutenants will be the end of an era. Alex Lawson reports.
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NewsRetail spending to rise only 1.2% in 2012
Retail spending in 2012 is likely only to rise by 1.2%, the third lowest rate in almost four decades.
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NewsGrocery space growth rockets
Supermarkets have added space at an exponential rate since the start of the credit crunch in 2007 and expansion continues unabated.
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News
Sainsbury's celebrates 11 years with Jamie Oliver
Sainsbury’s has released a new TV advert celebrating its 11-year partnership with celebrity chef Jamie Oliver.
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NewsThorntons warns on profits
Thorntons has issued a profit warning after poor consumer spending and heavy high street promotions hit performance.