All Grocery articles – Page 535
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NewsFood inflation slows in July
Food inflation slowed in July to 5.2% from 5.7% the previous month.
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NewsLandsbanki director takes seat on Iceland board
Gunnar Sigurdsson, former managing director of collapsed Icelandic retail group Baugur, has been asked to stand down from the board of Iceland Foods so Landsbanki can take full control of the sale of its stake in the retailer.
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NewsStakebuilding raises Blacks’ share price
The market edged up over the week but retailers of all types were becalmed.
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NewsWaitrose to try fashion at Canary Wharf store
Upmarket grocer Waitrose is to make a play for fashion as it launches its first clothing offer in its Canary Wharf store in London as part of plans to ramp up its non-food ranges.
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AnalysisCrunch time for the grocers
Shoppers have been cutting back on discretionary items but now even food volumes are declining. Jennifer Creevy reports on how supermarkets are having to adapt to this unfamiliar environment
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NewsHeadwinds slow Thorntons strategy
Broker FinnCap has slashed its forecasts for Thorntons following the chocolatier’s strategy and trading update earlier this month.
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NewsGroceries Code of Practice to be strengthened
The Business, Innovation and Skills Committee has outlined the need for a supermarket ombudsman and proposed strengthening the Groceries Code of Practice.
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NewsRetail employment falls as non-food stores cut staff
Retail employment fell 0.4% in the second quarter of this year, equivalent to 3,100 fewer full-time jobs.
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NewsCo-op launches sandwich designing competition
The Co-op is launching a competition for customers to design a sandwich to go on sale in stores nationwide.
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NewsWithdrawal of court action clears way for Musgrave's Superquinn deal
The door has been opened for Irish retailer Musgrave to go ahead with its acquisition of bust counterpart Superquinn after court action was abandoned.
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Rewe Group in negotiations with Conad
German grocer Rewe Group is negotiating with Conad about the disposal of large parts of its loss-making Billa supermarket and superstore division in Italy.Besides Conad, Rewe Group’s partner in the Coopernic buying alliance Coop Italia is also reported to be interested in the 190-store network.Billa in Italy recorded a sales ...
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Grocery chain Woolworths posts sales increase
Grocery chain Woolworths posted a 4.7% increase in net sales to AUD54.1bn (£36bn) for its financial year ended June 26.Excluding fuel, sales rose 4.1%.Food and alcohol sales increased 4.6% to AUD36.18bn (£24bn) or by 3% on a like-for-like basis.The company said that its price knockdown campaign contributed to this growth.In ...
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Indian government panel recommends easing restrictions
An Indian government panel is said to have recommended easing restrictions on Foreign Direct Investment in Indian retail, which could allow international companies to own as much as 51% of multichannel retailers if they invest a minimum of $100m (£61.3m). This would allow retailers such as Walmart and Carrefour access ...
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NewsMusgrave sets up €10m fund for Superquinn suppliers
Musgrave Group has set up a €10m fund to help suppliers who have experienced losses not covered by credit insurance as a result of the receivership of Superquinn.
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NewsWaitrose to launch into fashion
Waitrose is to introduce fashion for the first time at its flagship Canary Wharf store in London.
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NewsSuperquinn directors to be questioned
Superquinn directors may be questioned in the High Court today as the wrangling over the future of the grocer continues.
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AnalysisRetail Week On The Road: Wales and the Southwest
We visit Cardiff, Swansea, Newport and Bristol.
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NewsCourt battle threatens Musgrave's Superquinn deal
Irish grocer Musgrave’s takeover of Superquinn is in jeopardy after court action was launched that jeopardises the deal.
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NewsJohn Lewis encouraged by demand for new season's product
Department store chain John Lewis has reported strong demand for new season’s lines as it moved out of the Sale period.