All Grocery articles – Page 526
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News
Grocer Delhaize reports profit decrease
Grocer Delhaize reported underlying operating profit down 10.2% to E935m (£789m) for the full year 2011. According to the retailer, the decline was due to soft sales and price investment in the US partly offset by cost savings across the group. Net profit slipped 17.4% to E475m (£400m) primarily as ...
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News
Penny updates refurbishment plans
Grocer Rewe’s discount division Penny has updated refurbishment plans in its domestic market. The discount division hopes to convert 600 stores to the new model this year following the recent start of the programme in Berlin and Cologne. The revamp is expected to be completed by the end of 2014. ...
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NewsKwiksave to return to the high street next month
Kwiksave is to return to the high street next month.
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NewsLeahy to raise $750m for Chinese shopping mall venture
Former Tesco chief executive Sir Terry Leahy plans to raise $750m to launch his Chinese shopping centre venture.
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NewsTesco considers raise in pension age
Tesco is considering raising the age its staff receive a full pension from 65 to 67.
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NewsSainsbury's becomes second largest online grocer
Sainsbury’s is now the second largest online grocer with an annualised turnover of £750m.
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NewsOddbins relaunches website with increased personalisation
Oddbins has relaunched its website with increased personalisation.
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NewsMalcolm Walker completes £1.45bn Iceland deal
Iceland Foods chief executive Malcolm Walker has completed the deal to buy back the retailer for £1.45bn.
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NewsJohn Lewis sales up 4.4% last week
John Lewis sales increased 4.4% to £56.8m last week as technology helped drive the department store’s strong performance.
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AnalysisEmerging markets drive profits growth at Casino
French grocery group Casino reported strong results for 2011 last week, boosted by overseas operations.
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NewsWhittard to expand after good Christmas
Tea and coffee specialist Whittard of Chelsea is to embark on an expansion drive at home and overseas following a strong Christmas performance.
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AnalysisAnalysis: Philips faces online dichotomy at Morrisons
Morrisons chief executive Dalton Philips is a man straddling two opposing viewpoints on online retail.
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NewsSainsbury's employees share in £26.5m saving scheme payout
Sainsbury’s employees will share a £26.5m payout as two of the grocer’s ‘save as you earn’ schemes matured.
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NewsMorrisons reports 'best year' as profits rise
Morrisons recorded its “best year yet” while like-for-like sales increased 1.8% and profits rose.
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NewsJohn Lewis Partnership gears up for ‘profound change’ in retail market
John Lewis Partnership has unveiled a new round of investment in its businesses to ensure it remains at the forefront of “profound change in the retail market” driven by technological advances.
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News
Mercadona considers international expansion
Spanish grocer Mercadona could be about to start international expansion, beginning with Italy. The retailer is said to be negotiating the acquisition of a small chain in northern Italy of 30 to 40 stores.If successful, the deal will be announced this month. Mercadona started looking at a number of potential ...
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News
Metro targets independent retailers
Metro’s Cash and Carry chain is targeting independent retailers with a new format in Romania.The retailer has launched a new franchise programme for a convenience store format under the brand La doi pasi, which translates as ‘two steps’.So far, 200 stores have joined the franchise programme, with 80 already operational ...
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GalleryVideo: John Lewis staff take home 14% bonus as profits dip
John Lewis staff will take home 14% of their annual salary as the retailer reported pre-tax and bonus profits dropped 3.8% to £353.8m in its full year.
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NewsAsda staff save £515m with its saving scheme
Asda staff have saved £515m over the past 30 years in the grocer’s “save as you earn” scheme.
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News
Grocery retailer Ahold to expand
Grocery retailer Ahold is to expand its AH To Go convenience store banner.According to chief executive Dick Boer, growth of its core banner – Albert Heijn supermarkets – is limited due to its established large market share. Therefore, the retailer plans to open more convenience stores at train and petrol ...