All Grocery articles – Page 520
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NewsRetail sales down year-on-year, CBI reports
Retail sales fell in the year to October, the CBI Monthly Distributive Trades Survey showed, and sales volume was the lowest since May 2009.
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NewsBooths eyes 10 new stores in Northwest
Northern grocer Booths plans10 new stores as it plans to roll out its new store format across its portfolio.
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Carrefour’s ELC speaks out against activist investor
Carrefour’s European Labour Committee (ELC) has spoken out against activist investor Knight Vinke’s proposal to elect a new chairman for the company.It claimed that the plan was aimed at dismantling the group. The ELC said that it wants “stability” and affirmed its support for the Carrefour Planet format, which it ...
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NewsTesco sets up emergency hubs in wake of Thai floods
Supermarket group Tesco has had to shut some of its stores in Thailand because of flooding affecting the country, and the retailer is helping with the relief effort.
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NewsBooths reveals flat sales as trading conditions remain tough
Booths pretax profit rose 7.2% to £8.2m in the year to April 2, however sales were flat and the upmarket northern grocer said current trading has remained tough.
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Japanese retailer Aeon plans expansion in Vietnam
Japanese retailer Aeon has stated its plans to expand its presence in Vietnam. Its first supermarket will be located in Ho Chi Minh City, and will be open by 2014. The company is scheduled to obtain an investment licence from the Vietnamese government. In Vietnam, Aeon operates its Aeon Credit ...
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NewsAsda boss plays it cool over price war
Grocery price wars? Nothing’s changed judging by Asda boss Andy Clarke’s attitude.
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AnalysisCarrefour sounds profit warning as sales slide
Last week, the world’s second largest retailer, France-based Carrefour issued its fourth profit warning saying it expected 2011 operating profit to fall by up to 20%, compared with 15% stated previously for its third profit warning in August.
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AnalysisBehind the story: September's official retail stats
They may have been less bad than they could have been but no-one will be popping champagne corks following the release of the official September sales figures by the ONS this morning.
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NewsGrocers eye Iceland as first round bids deadline passes
Grocers Morrisons and Asda have expressed interest in acquiring frozen foods chain Iceland as the deadline for first-round bids passes.
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NewsNew Oddbins owners plot comeback strategy
Wine and spirits retailer Oddbins, which has been relaunched under new owners, will focus on product range, pricing and store layout under a new management team.
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Lidl changes expansion criteria in Germany
Schwarz Group-owned discounter Lidl is changing the criteria for expansion in Germany, defining higher sales targets and a larger catchment area for new stores. The new measures foresee a minimum turnover per store of E5m (£4.4m), which is higher than the estimated average of E4.9m (£4.3m) for its existing network.To ...
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Casino opens first Casino Shop in domestic market
The convenience arm of grocery retailer Casino has opened its first Casino Shop in its domestic market. The Casino Shop concept is typically less than 3,770 sq ft and offers 5,400 products, 1,500 more items compared with a Petit Casino. Casino Shop offers free home delivery and simultaneously acts as ...
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Grocer Sobeys announces business realignment
Grocer Sobeys has announced a realignment that will see the creation of two business units, each led by a president of operations. The IGA operations business unit comprises the IGA and IGA Extra, Les Marchés Tradition, Marché Bonichoix and Rachelle-Béry banners in the province of Quebec, and will be led ...
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Bernardo Caprotti steps down as chairman of Esselunga
Bernardo Caprotti, founder and owner of supermarket chain Esselunga, has stepped down as chairman. Caprotti made the announcement himself and said the move will help the private chain “have a proper management”. He said that he will retain “an operating role” in human resources at Esselunga.Caprotti will also retain his ...
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GalleryIlly, Sao Paulo
In the popular imagination, Brazil’s famous for a few things with samba, caipirinhas, a very large river and maybe Copacabana beach being among them.
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NewsNorth beats south in flat week at John Lewis
Sales at John Lewis department stores were sluggish in the week week to October 8, when the continuing hot weather in the south at the start of the period proved a drag on sales.
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Eckhard Cordes resigns from Metro
Eckhard Cordes, chief executive of retail group Metro, announced that he will be resigning from his post by October 31, 2012. He has lead Metro since 2007 and will be a member of the supervisory board until his successor is found.
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OpinionOwn-brand is the future
Taking control of product with private-label ranges makes all the difference, says Ian Cheshire.
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NewsShoppers’ budgets reach ‘tipping point’
Consumers feeling squeeze but it is not all about price, IGD hears.