All Grocery articles – Page 544
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AnalysisHow Leahy transformed Tesco’s business in the UK
Terry Leahy was told Tesco had reached saturation point in the UK. Having developed non food, gone online and moved into services, he’s proved the doubters wrong.
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AnalysisPutting the customer at the heart of the business
Sir Terry Leahy’s Clubcard revolutionised how Tesco did business and changed the way retailers learn about customers. Rebecca Thomson finds out how it started and where it goes from here
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NewsAsda set to open its first high street supermarket without car parking
Asda is to open its first high street supermarket without car parking as it seeks to ramp up expansion.
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NewsAsda chief Andy Clarke says the future is local
Asda chief executive Andy Clarke said the future of retail is local and supermarkets need to be clear about the role they play in local communities.
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NewsWaitrose boss happy with Ocado deal at present
Upmarket grocer Waitrose managing director Mark Price has said he is “really happy” with the retailer’s relationship with online grocer Ocado but did not rule out operating independently when their current contract runs out.
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NewsSainsbury's says helping customers gets it through the downturn
Sainsbury’s says finding ways to help customers is a big theme for the company during the economic downturn, as it uses its insight from data and interviews to find ways to assist people.
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NewsGrocers back Government healthy living pledge
The UK’s seven largest food retailers have signed up to a Government-backed pledge to encourage consumers to make healthier choices.
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NewsTesco's Mills Group acquisition given green light
The Office of Fair Trading will not refer Tesco’s acquisition of Mills Group to the Competition Commission.
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NewsSpar appoints Debbie Robinson as managing director
Spar UK has appointed Debbie Robinson as its new managing director.
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News
Kroger sales up 7.1% to £50.5bn
Grocer Kroger reported that sales for the full year increased 7.1% to $82.2bn (£50.5bn). Excluding fuel, total sales increased 3.4% while like-for-like sales were up 2.8%. Net income amounted to $1.12bn (£688m), compared with the $70m (£43m) reported in fiscal 2009. Operating profit totalled 2.65% of sales during the fiscal ...
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NewsFlat week for John Lewis, but Waitrose up
John Lewis sales were flat in the week to 5 March, while sister department chain Waitrose managed a 9.3% increase.
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NewsOcado sales boost fails to convince the City
Ocado posted a first-quarter performance in line with City expectations, but some brokers continue to question the online grocer’s model.
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Asda gets the go ahead from OFT for Netto deal
The Office of Fair Trading has ruled that Asda’s acquisition of Netto will not be referred to the Competition Commission.
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News
Dairy Farm sales rocket 13.2% to £5.6bn
Dairy Farm experienced a solid 2010 fiscal year as “favourable trading conditions persisted in its Asian markets”.For the year ended December 31, 2010 total sales, including those from associates, rocketed 13.2% to $9.1bn (£5.6bn). Net profit jumped 12.9% to $411m (£253m).Dairy Farm continued to expand organically and through acquisitions in ...
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News
KF Gruppen sales drop 1.5% to £3.5bn
Supermarket group KF Gruppen reported consolidated net sales of SEK36.66bn (£3.5bn) for the financial year ended December 31 2010, a 1.5% decrease on fiscal 2009.Operating profit fell from SEK816m (£79m) to SEK628m (£60.8m). Net profit amounted to SEK112m (£10.8m), compared with SEK224m (£21.6m) in 2009.
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NewsMorrisons profits up and takes 10% stake in US online grocer
Morrisons has reported a rise in annual profits and taken a 10% stake in US online grocer FreshDirect to help it build its online food offer in the UK.
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AnalysisRichard Hodgson
Having played pivotal roles at Waitrose and Asda, Richard Hodgson is now at the heart of the next phase of Morrisons’ growth, in particular driving own-brand.
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NewsAsda given go-ahead from OFT for Netto conversions
Asda’s acquisition of Netto has been cleared by the Office of Fair Trading and will not be referred to the Competition Commission.
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NewsJohn Lewis Partnership profits up 20%
The John Lewis Partnership has reported profit before partnership bonus and tax up 20% to £367.9m, with staff receiving a bonus of 18% of salary.