All Grocery articles – Page 579
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AnalysisTrading outlook: Who is right, the bulls or the bears?
With uncertainty rife as to retail’s prospects, who is right when it comes to the outlook - the doom-mongering bears or the optimistic bulls? Retail Week puts the arguments for and against
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NewsM&S food sales impress as it takes bigger bite of the market
Marks & Spencer delivered strong food sales growth in the late summer, when it benefited from both shoppers treating themselves during the holiday period and its branded food roll-out.
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NewsWaitrose weighs up convenience store sub-brand
Waitrose is considering creating a new fascia for its convenience stores as it gears up for expansion.
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OpinionCo-operation’s what you need
Collaboration across our industry is resulting in some extraordinary outcomes, writes Mark Price
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News
Grocers face end to restrictive property deals
Grocers will face a clampdown on restrictive covenants under the Groceries Market Investigation (Controlled Land) Order 2010, which came into force last week.
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NewsMorrisons joins value school uniform scrum
Morrisons has launched its first-ever school uniform range this month with a flat price of £2 for any item.
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NewsSales up in July, but food volumes down, ONS says
Retail sales rose 2.9% by value and 2.4% by volume in July compared with the same month last year, according to the Office for National Statistics.
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NewsOcado shares hit new low
Home shopping group Ocado’s shares hit a new low yesterday, and from today the stock can no longer be propped up by Goldman Sachs acting as a trading counterparty.
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News
Delhaize reports mixed H1 results
Grocer Delhaize Group posted mixed first-half results. In Belgium revenues grew 5.5% to €2.34bn (£1.91bn), supported by 4.7% like-for-like growth and new store openings. Alfa Beta in Greece put in another strong performance with a 7.3% increase in revenues to €765m (£627m) and gained further market share.Operations in Romania and ...
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News
Big C Q2 sales up 2.4%
Casino-owned Big C has announced that retail sales in the second quarter of 2010 were up 2.4% to Bt18.4bn (£370m) compared with the same period last year.Operating profit grew 12.7%, with net profit growing by 15.8% to reach Bt686m (£13.8m), compared with a net profit last year of Bt592m (£11.9m). ...
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News
Netto plans European expansion
After selling its UK business, Netto plans to aggressively expand in other European markets with a focus on Germany and Poland.The retailer plans to open 20 to 25 stores a year with money earned from the sale of Netto’s business in the UK, which was bought by Asda for €620m ...
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A&P to close 25 stores
Tengelmann-owned grocer A&P has announced that it will close 25 stores in five US states in a move to stabilise its ailing business.According to the German company, stores affected include “locations in close proximity to other company stores, those facing real estate and cost issues, and underperforming non-core stores”. This ...
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NewsRetailers in Scotland suffer worst like-for-like slide in 10 years
Retail like-for-likes in Scotland suffered their worst fall in 10 years during July - with the exception of April this year because of Easter distortions - when they slipped 1.4% year on year. Total sales advanced 0.8% in the month - the weakest growth since April 1999.
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NewsTesco and Asda continue to underperform
Tesco and Asda continued to underperform the market in the latest grocery figures from Kantar Worldpanel.
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NewsAsda Q2 like-for-likes fall 0.4%
Asda like-for-like sales fell 0.4% in its second quarter to July 31 and total sales grew in the low single digits.
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NewsOcado second warehouse site gets green light
The green light has been given to a 124-acre extension to Birch Coppice Business Park where etailer Ocado is expected to open its second warehouse.
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NewsSainsbury’s and Nectar launch iPhone apps
Sainsbury’s and loyalty scheme Nectar have today launched mobile phone apps.
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NewsRetailers urge Government to tackle petrol prices
Retailers are urging the coalition Government to urgently tackle the rising petrol prices.
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NewsMarks & Spencer’s former Indian boss joins competitor
The former chief executive of Marks & Spencer’s Indian business, Mark Ashman, has jumped ship to run local rival Hypercity, which sells Waitrose products in the country.
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NewsFood prices up 59% over last three years
Shoppers have been hit by grocery price rises of as much as 59% over the last three years, according to research from MySupermarket.co.uk.