All Grocery articles – Page 571
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NewsM&S urges caution despite increase in sales
Marks & Spencer beat second-quarter sales expectations but chief executive Marc Bolland remained cautious about prospects. Despite Bolland’s wariness, and a rise in costs such as marketing, analysts upgraded their forecasts ahead of a strategic update next month.
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GallerySainsbury’s goes supersize
Sainsbury’s has opened its largest store to date, but does bigger mean more for the shopper? John Ryan visits the new store in Crayford
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NewsGrocers warn on level of promotions
Record amount of goods being sold on promotion but Philips and Brasher warn levels can’t rise higher.
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OpinionHistory repeating itself at M&S
Marks & Spencer chairman Sir Stuart Rose could be forgiven for feeling he is experiencing a bittersweet groundhog day.
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NewsNisa-Today relaunches own-label in shake up
Symbol group Nisa-Today will relaunch its own-label lines at the end of the month as it seeks to refresh its brand.
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News
Seven & I Holdings profits rise 91% in Q2
Convenience store owner Seven & I Holdings reported net profit rose 91% in the second quarter ended August 31 compared with the previous year, thanks to the strong performance of its convenience stores and the unusually hot summer. The company reported a net profit of ¥38.13bn (£292m) compared with a ...
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News
South Korea parliament considers limits on supermarket business
The country’s parliament is considering two bills that would impose restrictions on the opening and business of large supermarkets. Under one bill, currently passing through parliament, opening an urban supermarket with an area of between 10,760 sq ft and 32,290 sq ft would require permission from the local government. ...
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News
Costco annual sales hit £47.78bn
Grocery retailer Costco has reported net sales hit $76.25bn (£47.78bn) for the full year ended August 29, up 9% on the previous year. Like-for-like sales rose 4%, with the US up 2% and international up 8%. Costco currently operates 573 warehouse clubs, including 417 in the US and Puerto Rico, ...
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NewsAsda to source an extra £270m of British food by 2013
Asda is to ramp up the quantity of food sourced from British producers, including local and specialist suppliers, as part of a sustainable agriculture push by parent Walmart.
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NewsShoppers crave the good life
Most British shoppers are more attracted to ideas like self-sufficiency and achieving a zero-waste household than using modern technology to help them shop and live their lives in the future, according to new research.
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NewsRecord levels of promotions fail to lift grocery sales
Grocers sold a record amount of goods on promotion in the four weeks to October 2 as supermarkets bring forward deals on Christmas-related products.
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NewsSainsbury’s Justin King says retail faces skills shortage
The food industry is lacking in many of the technical and specialist skills that are required in retail, according to Sainsbury’s chief executive Justin King.
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NewsAsda market share dips for 10th consecutive period
Asda’s share of the grocery market has dipped for the 10th consecutive report, with sales growth lagging behind the other major grocery retailers.
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NewsSainsbury's avoids courts with packaging pledge
Sainsbury’s has avoided being taken to court for using excessive packaging after voluntary reducing the amount of waste.
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NewsOcado confirms plans for second warehouse
Ocado has confirmed plans to open a second distribution centre, signing a deal for a 350,000 sq ft warehouse in the Midlands.
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NewsRetail administrations slow
The rate of businesses going into administration has slowed to levels not seen since before the economic downturn, with the retail sector showing the “most pronounced drop”.
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NewsSales growth slows in September
UK retail like-for-likes grew just 0.5% in September, marking the sixth month of low growth according to the BRC-KPMG Retail Sales Monitor.
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OpinionRetailers show their true colours
Full marks to Waterstones for the advert it ran in a national newspaper on Saturday. The bookseller may have had its fair share of troubles, but its marketing department knows a good thing when it sees one and in this instance, this appears to have been Waitrose.
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NewsMalcolm Walker offers £1bn to buy back Iceland
Iceland boss Malcolm Walker has offered £1bn to buy back the frozen food supermarket that he founded.
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Opinion
Cheap, not cheerful
The continental hard discounters’ march on the UK was never going to make a major impact.