All Grocery articles – Page 569
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NewsBooths to boost sales with new own-brand
Booths, the grocer based in the Northwest of England, has revealed a 1.3% uplift in pre-tax profits to £7.6m as it launches a new own-brand to appeal to customers seeking value.
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NewsGrocers jostle in chase for early festive spend
The grocery giants are making an earlier-than-ever play for Christmas spend and deploying new measures to appeal to shoppers inclined to spread the cost of the festivities.
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NewsRetail fears ebb but long-term risk stays
Fears for the retail industry because of the Government’s spending review seem to have been assuaged.
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NewsMorrisons innovations go on show at Leeds store ‘lab’ trial
First fruits of Philips’ experimentation drive include vegetables displayed on ice at Kirkstall store
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GalleryMarmite Selfridges, London
Remember the Marmite store last Christmas on Regent Street? It came, was admired, and then it went. It was, in essence, a celebration of the black yeast-based condiment and at the time was remarkable for being a single-product proposition pop-up store.
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Picard Surgeles acquired by private equity firm
Frozen food retailer Picard Surgeles has been acquired by private equity firm Lion Capital from BC Partners for €1.52bn (£1.27bn). The completion of the deal follows approval by the European regulatory authorities at the beginning of the month. The takeover price included €590m (£494m) in cash, while the remaining funding ...
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A&P Q2 sales decrease 10% to £1.22bn
Tengelmann-controlled A&P said that sales during the second quarter declined by 10% to $1.9bn (£1.22bn). Like-for-like sales fell 6.6%. Loss from continuing operations amounted to $143m (£92m), more than double the $62m (£40m) posted a year earlier. As the company’s financial situation continued to be pressured, A&P insisted its turnaround ...
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SuperValu reports Q2 £945m net loss
US grocer SuperValu has reported a net loss of $1.47bn (£945m) for the second quarter ended September 11. Net retail sales amounted to $8.7bn (£5.6bn) while retail food net sales declined 9.7% to $6.7bn (£4.3bn). The decline was primarily a result of the impact of an like-for-like store sales fall ...
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Pick n Pay H1 pre-tax profit falls by 25.5% to £61m
The country’s second-largest grocer Pick n Pay reported that its pre-tax profit fell by 25.5% to R682.1m (£61m) in the first half to 31 August, despite sales growth of 6% to R25.2bn (£2.26bn). Chief executive Nick Badminton described the past 12 months as the most challenging the company had faced ...
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Coles Group Q1 sales increase 4.9% to £4.5bn
Coles Group posted a rise of 4.9% in sales to Aus$7.49bn (£4.5bn) for its first quarter ended September 26. The retailer’s strong performance was attributed to lower prices and last year’s revamping of its fresh food areas. Growth rates at the chain proved to be outpacing larger rival Woolworths as ...
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Five Stokes stores sold to Argyle Trading
The administrators of independent grocer Stokes has sold five stores to Argyle Trading.
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NewsWalmart reconsiders terms of Massmart deal
Walmart may modify its offer to acquire South African retailer Massmart, meaning the Johannesburg company could retain a listing.
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NewsEnd of an era as Dunnhumby founders step down
The husband and wife founders of Dunnhumby, the data and marketing company fundamental to the success of Tesco’s Clubcard, are to step down.
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Nine more Stokes stores shut
Nine more branches of Stokes, the independent greengrocer that was put into administration last week, have been closed with a lost of 72 jobs.
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NewsTesco launches iPhone app barcode scanner
Tesco is revamping its iPhone app to include a barcode scanner which the UK’s largest retailer has said is a first for the supermarket industry.
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NewsM&S launches disposable chocolate box
Marks & Spencer is introducing new packaging for its Swiss Chocolate Collection that can be thrown away on a compost heap or dissolved in water.
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NewsTesco in price dispute with Hovis
Tesco has dropped 12 Hovis lines after a spat with the brand’s owner, Premier Foods, over pricing.
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NewsOcado to deliver to the South West and Wales
Online grocer Ocado is to begin delivering into the south east of England and South Wales next year after acquiring a distribution centre near Bristol.
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NewsTesco launches £1.3bn Christmas promotional campaign
Tesco is claiming to save customers £1.3bn this Christmas with festive promotions and Clubcard deals.
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NewsJohn Lewis weekly sales rise 7.2%
Sales at John Lewis department stores rose 7.2% to £58.5m last week, when all main categories delivered a similar performance.