All Grocery articles – Page 551
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NewsJohn Lewis reports half-term sales lift
Sales at department store chain John Lewis rose 7.2% to £54m last week, when the retailer benefited from the half-term holiday south of the border.
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NewsVideo: New Tesco boss Phil Clarke talks about taking up the top job
Tesco’s group chief executive Phil Clarke has sent out a video message on his first day in his new job.
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NewsOddbins drafts in advisers to consider future
Wine retailer Oddbins has drafted in advisors as it considers its options amid tough trading conditions.
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NewsOcado sales surge in first quarter
Online grocer Ocado has posted a sales surge in its first quarter, when its average basket size fell as shopping frequency increased.
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News
Rewe Group net turnover up 4% for 2010 to £45.2m
Rewe Group increased its net turnover for 2010 by 4%, up to about e53bn (£45.2m), based on preliminary figures. Sales for the National Full-Range Stores (Rewe supermarkets and Toom hypermarkets in Germany) grew 6.4% over the previous year up to e14.5bn (£12.4bn). The Penny discounters in Germany lost 1.2% in ...
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OpinionFairtrade fans aren’t fair weather
Despite the recession people are sticking to their values and buying Fairtrade, says Mike Coupe
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AnalysisWalmart International makes up for domestic dip
Walmart has reported that net sales for the fiscal year ended January 31, 2011 increased 3.4% to $419bn (£259.9bn), while international sales grew 12.1% to $109bn (£67.6bn).
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NewsSir Terry Leahy checks out
Sir Terry Leahy waved to staff as he left the Tesco head office in Cheshunt, Hertfordshire yesterday.
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NewsJamie Oliver returns in Sainsbury's Comic Relief ad
Celebrity chef Jamie Oliver will star in a new TV campaign for Sainsbury’s encouraging staff and shoppers to get into the Comic Relief spirit.
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NewsWoman smashes up shop because it ran out of her favourite cup cake
Police are investigating after a shop worker was attacked by a shopper after she was told that they had sold out of her favourite cup cake.
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NewsMorrisons poised for £1bn share buy-back
Morrisons is reported to be poised to return about £1bn to shareholders when it reveals its full-year results next week.
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NewsInflation boosting grocery sales, Nielsen reports
Grocery volumes have been subdued in recent weeks, when supermarket sales were helped by inflation.
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NewsSainsbury's and Morrisons outperform, while Tesco and Asda lag
Sainsbury’s and Morrisons outperformed in the latest Kantar Worldpanel figures, while Tesco and Asda were slightly behind the market.
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NewsSupermarkets could face competition inquiry after unjustified price hikes, warns UBS
Supermarkets have been raising food prices faster than inflation in Britain and could face a competition inquiry, according to investment bank UBS.
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NewsTesco launches offensive against Asda
Tesco has today launched an offensive against rival Asda promising to pay shoppers “double the difference” on any products that are cheaper at the Walmart-owned grocer.
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AnalysisJonathan Hart
The new chief executive of Thorntons has been drafted in to sweeten its retail sales, revamp the product offer and take a bite out of the competition.
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NewsOcado signs for new distribution spoke in Wimbledon
Online grocer Ocado has signed for a new distribution spoke in south west London with capacity for 14,200 orders per week.
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NewsIceland to pay £100m dividend
Frozen food specialist Iceland is expected to pay a dividend of £100m this year, its first for three years.
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NewsAsda Income Tracker: Family spending power fell by £9 a week in January
The average family’s spending power fell by £9 per week in January, the largest fall on record and the second record breaking month in a row.
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NewsCity lukewarm on the outlook for retail
As pressure continued to bear down on general retail stocks, Nomura and Espirito Santo issued notes assessing prospects.