All Grocery articles – Page 562
-
NewsFood, fashion and furniture show record November price inflation
Food, clothing and furniture price inflation recorded record rises for November, helping drive the Consumer Prices Index up by 3.3% overall.
-
NewsCo-op to create 7,000 jobs
The Co-operative Group is to create 7,000 jobs as it gears up to take on the big four grocers.
-
NewsIceland in takeover talks
Iceland is reportedly in talks with Middle East investors over a potential sale of the chain for up to £1.5bn.
-
NewsGrocers suspend Scotland orders due to snow
Tesco and Sainsbury’s have stopped taking orders on their websites from customers in Scotland, because of the bad weather.
-
NewsMarks & Spencer extends Christmas opening hours at 200 shops
Marks & Spencer will extend opening hours until 10pm or later at 200 stores during Christmas week.
-
NewsWaitrose beats snow to deliver 'busiest day ever'
Supermarket group Waitrose beat snowy conditions to end last week “on remarkable form” after generating a sales uplift of 4.7% to £106.3m.
-
NewsAnger at Scottish Government's £30m raid on retailers' coffers
Scottish Government proposals to milk big retailers for additional cash have been condemned as a threat to jobs and economic recovery.
-
NewsDebenhams and Tesco top JP Morgan’s 2011 picks
Department store group Debenhams and leading grocer Tesco feature on broker JP Morgan Cazenove’s list of top stock picks for 2011, while fashion giant Next and supermarket group Sainsbury’s should be avoided.
-
News
X5 Retail Group to acquire Kopeika
X5 Retail Group has signed an agreement to acquire Kopeika in a transaction with a total enterprisevalue of RUR51.5bn (£106bn) including assumption of debt.As a result of the transaction, X5 will reinforce its number one position in the Russian retail market, mainly in Moscow and the Moscow region where Kopeika ...
-
News
Colruyt posts 7.9% revenue increase
Grocery retailer Colruyt posted a revenue increase of 7.9% for its first half, from E3.29bn (£2.79bn) to E3.55bn (£3bn). For the period ended September 30, gross profit jumped 9.1% to E900.4m (£763m) from E825.2m (£699.3m), which corresponds to a gross profit margin of 25.34% compared with 25.06% last year.
-
News
ACCC to discuss Pick n Pay's sale of Franklins supermarket chain to Metcash
The Australian Competition and Consumer Commission (ACCC) has agreed to discuss Pick n Pay’s proposed sale of its Franklins supermarket chain to Australian Metcash at the national Federal Court. The ACCC announced that it was going to lodge the case by December 8, seeking an expedited hearing in early 2011.In ...
-
NewsTesco set for strong Christmas after better-than-expected sales
Tesco reported that consumer sentiment is improving as it posted better-than-expected UK like-for-likes.
-
AnalysisWalmart to take Latin American lessons to Asia
In China, Walmart is launching compact hypermarkets as it aims to profitably penetrate the market, reaching more consumers in both rural and urban environments.
-
AnalysisBoxing Day trading
With Boxing Day falling on a Sunday this year, trading hours will be shorter. What impact will this have on retailers in-store and online?
-
News
Massmart launches website for extended food offer
In the run-up to its expected acquisition by Walmart, South African retailer Massmart has launched a dedicated website for the extended food offer that has recently been piloted at a Game variety store in Cape Town. The site - at Foodco.co.za - describes Foodco as “a supermarket inside Game that ...
-
NewsTesco’s share growing but Morrisons falters
Tesco is back in the driving seat with aggressive promotions leading to a market share gain for the first time since May, while rival Morrisons’ share has slipped for the first time since 2007.
-
NewsRetail gets the thumbs up as it outperforms
Investors filled their shopping trolleys with general retail and food stocks alike. The former outperformed the market despite lacklustre BRC sales data for November but are still down year on year.
-
OpinionThe heat is on to make up lost sales
A successful retail Christmas is all about planning, but even the best laid plans can’t take account of the extreme cold snap that has paralysed large parts of the country over the past fortnight.
-
NewsTesco hit with complaints over voucher redemption
Tesco has been swamped with complaints over the way it has handled its Big Christmas Exchange Voucher campaign redemption.
-
NewsShop price inflation dips in November as retailers ramp up promotions
Overall shop price inflation fell to 2% in November from 2.2% in October, outlining that retailers are running discounts and promotions in the highly competitive run up to Christmas.