All Grocery articles – Page 553
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NewsMorrisons to send top managers on cricket coaching course
Morrisons chief executive Dalton Philips is to send his top managers on cricket coaching courses to help them improve their management skills.
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NewsTesco poised to be fastest growing global retailer
Tesco is set to be the fastest growing retailer of the global grocery top four, according to research house IGD.
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OpinionMorrisons leaps into etail age
Supermarket group Morrisons’ acquisition of online specialist Kiddicare looks like an inspired deal.
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News
Whole Foods Market Q1 sales up 14% to £1.87bn
Whole Foods Market has reported sales for the first quarter ended January 16 increased 14% to $3bn (£1.87bn), with like-for-likes soaring 9.1%. Operating income, meanwhile, rose 44.1% to $147.6m (£92.1m) during the quarter.The retailer also announced plans to open wellness clubs at five of its US stores. The clubs, which ...
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News
Kroger ramps up promotions through MyWebGrocer
Kroger has started to provide shoppers at all its banners with information about promotions and products through MyWebGrocer. With the online tool, consumers can also personalise shopping lists and receive recipes through a computer or smartphone. Tengelmann A&P, Winn-Dixie, Delhaize Food Lion and Shop Rite are also participating in MyWebGrocer.
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News
Carrefour's Romania sales drop 0.4% to £952m
Carrefour’s sales in Romania fell 0.4% to e1.13bn (£952m) during 2010, and on a like-for-like basis sales decreased 5%. The retailer’s sales are now lower than they were in 2008, when full-year sales came in at e1.19bn (£1bn) - even though the retailer now operates 14 more stores than it ...
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News
Metro Cash & Carry to expand in India, China and Russia
Metro Cash & Carry chief executive Eckhard Cordes has said that India, along with China and Russia, will be one of the top three markets for the German company in the coming years. Metro plans to open 50 cash and carry stores by 2015 in India, matching the pace of ...
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News
Netto Marken-Discount to streanmline brand assortment
Edeka’s discount chain Netto Marken-Discount is considering streamlining its assortment. The brand range may be cut back in favour of an optimised private-label offer, and B and C brands in particular may be replaced by own-labels. Drugstore and dairy products are expected to be affected the most, while condiments and ...
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NewsSainsbury's chief executive King sells tranche of shares
Sainsbury’s chief executive Justin King yesterday sold 50,000 of his shares in the grocer, the latest disposal by a director in the past month.
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NewsThorntons to reshape store portfolio after profits fall
Thorntons, the chocolates specialist, is likely to reshape its store portfolio after difficult trading and warned that profits this year will be no higher than last.
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NewsCPI inflation rises to 4%
Consumer prices index (CPI) inflation rose to 4% in January, up from 3.7% in December.
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NewsBargain Booze owner mulls sale
Discount off licence chain Bargain Booze’s private equity owner is understood to be considering a sale of the business.
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NewsWaitrose to open first Channel Islands shop this week
Waitrose will this week to open the first of five shops in the Channel Islands, its first company-owned shop outside the UK.
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NewsJohn Lewis pension trust sells Ocado stake
The John Lewis Partnership Pensions Trust has sold its remaining stake in online grocer Ocado.
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NewsJohn Lewis reports 'pleasing' start to new financial year
Sales at department store chain John Lewis rose last week as its new financial year kicked off.
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News
Bharti Walmart to open 12 new Best Price Modern Wholesale stores by March 2012
Walmart’s Indian joint venture operation Bharti Walmart is planning to open 12 new Best Price Modern Wholesale stores by March 2012, in a move away from its cautious expansion strategy.The group expects to ramp up the rate of expansion and open “more than 12” stores in 2013.Managing director and chief ...
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News
Kesko net sales rise 3.9% to £7.5bn
Retail group Kesko has reported a net sales rise of 3.9% to E8.8bn (£7.5bn) for 2010, with operating profit nearly doubling to E268m (£230m).In Finland, net sales increased by 4.3% and in other countries by 2.2%. International operations, which include Scandinavia, Baltics and Russia, accounted for 16.7% of net sales. ...
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AnalysisX5 in battle for leadership with new growth strategy
Russia’s largest grocer, X5 Retail Group has revealed a change to its expansion strategy and will now be targeting small cities and towns with populations of more than 50,000 inhabitants.
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NewsSainsbury’s improved offer impresses analysts
City analysts came away from a company visit last week impressed by the improvements Sainsbury’s is making in non-food.
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NewsAsda hits back in row over price guarantee
Asda marketing chief Rick Bendel is confident the advertising regulator will dismiss rivals’ complaints about its 10% cheaper guarantee.