All Grocery articles – Page 519
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News
Woolworths reports overall sales increase
Woolworths’ overall sales for the first quarter of 2011 were up 4.9% to AUD14.6bn (£9.6bn). Net sales at its supermarket division including fuel grew 5.8% to AUD12.56bn (£8.27bn), bolstered by a 17% rise in revenue from fuel.Its Australian food and liquor sales increased 4.4% compared with the same period last ...
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OpinionM&S steady in rough seas
Amid renewed economic gloom and relentlessly downbeat consumer sentiment, next week brings a chance to gauge the sector’s temperature as some of retail’s biggest beasts report.
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NewsUncertain outlook knocks retailers hard
General retailers had a bad week as their stocks declined by twice as much as the wider market, which took a knock as the eurozone crisis dragged on and pundits argued over the UK’s economic prospects.
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OpinionHard times for Frozen Value
Back in May we noted that the four leading frozen food specialists had collectively been outperforming the wider supermarket sector.
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NewsIn focus: Frozen Value
The northern-based frozen food specialist has struggled to capitalise on customers trading down.
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AnalysisEdwin Booth
The fifth generation of his family to run the eponymous business, the Booths chairman is looking to future expansion. Gemma Goldfingle reports.
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NewsRose mobile commerce venture goes live
An innovative mobile payment system fronted by Sir Stuart Rose that launches tomorrow will play a pivotal role in the development of m-commerce, the former Marks & Spencer boss has claimed.
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News
Metro (Canada) enters into partnership agreement with Marché Adonis
Metro (Canada) has entered into a partnership agreement with Montreal ethnic food retailer Marché Adonis. Metro now holds a 55% stake in both Marché Adonis, which specialises in fresh and Mediterranean products and prepared meals, and its distributor sister company Phoenicia Products.Marché Adonis’ founders have retained a 45% interest and ...
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NewsScottish government to bring in alcohol pricing bill
The Scottish government is preparing to introduce minimum pricing on alcohol in a bid to improve the nation’s health – a policy that some retailers believe is misguided.
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News
Casino-owned Exito reports net profit increase
Casino-owned Exito has reported net profit of COP58.8bn (£19.52m) in the third quarter, 59% more than the previous year.The grocery retailer’s operating profit increased 18.7% to COP74.5bn (£24.74m), while sales rose 15.6% to COP2.03trn (£1.01bn).Exito opened 36 new stores in the first nine months of the year, reaching a total ...
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News
Mercator signs contract with Drvopromet to take over its trade business
Grocery retailer Mercator has signed a contract with Bosnia and Herzegovina-based Drvopromet to take over its trade business, securing 63 Drvopromet stores in a long-term lease. The agreement, which is based on strategic ties and is awaiting a green light from Bosnia and Herzegovina’s competition protection office, makes Mercator the ...
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NewsAsda £5 'thank you' offer hailed a success as Morrisons enters Christmas price war fray
Asda’s £5 ‘thank you’ offer that it launched two weeks ago has driven 1 million customers to its Asda Price Guarantee (APG) website.
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NewsIceland bids fall short of asking price
First round bids for Iceland are thought to have fallen short of the £1.5bn asking price.
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NewsOcado hit by delivery "blips"
Warehouse “blips” have affected deliveries by online grocer Ocado today, but the retailer insisted only a comparatively small number of shoppers have been affected.
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NewsSales rise at John Lewis as Christmas buying begins
Signs of early Christmas shopping were evident last week at John Lewis department stores and sister supermarket business Waitrose.
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NewsOcado to deploy savings pass card as shoppers feel pinch
Saving Pass promises customers 10% off 600-plus branded products in bid to reflect price awareness
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OpinionNo news like good news
Doom sells papers, but why is it always at the expense of good news, asks Malcolm Walker.
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NewsRetailers feel the heat as consumers save
Store stocks nudged up over the week, but analysts and retailers alike wrung their hands about trading prospects and consumer health as the countdown to Christmas continued.
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AnalysisSouth Africa’s Pick n Pay seeks to follow Tesco’s lead
South Africa’s second-largest grocery retailer Pick n Pay has launched a premium private-label line.