All Grocery articles – Page 581
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News
Lawson to acquire HMV Japan for £14m
Convenience store retailer Lawson is to acquire music and video retailer HMV Japan on December 1 for ¥1.8bn (£14m). All of HMV Japan’s shares will be purchased from Daiwa Securities SMBC Principal Investments Co. HMV Japan runs 37 stores in Japan. Lawson hopes that the acquisition will help boost its ...
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AnalysisWalmart rethinks majority stake offer for Massmart
The latest news from South Africa suggests Walmart is considering scaling back its offer to acquire a majority stake in Massmart following discussions with its shareholders. Walmart had previously announced a non-binding proposal, which could lead to a cash offer to acquire the entire issued share capital of Massmart, on September 27.
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NewsTesco launches new Clubcard initiative
Tesco has launched a Clubcard initiative – Big Clubcard Voucher Exchange - that will allow customers to double the value of their vouchers across a range of non-food categories.
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NewsWhole Foods kick starts expansion with shops in Richmond and Glasgow
Whole Foods has kicked off its much-awaited UK expansion with plans for a store in Scotland next year and another in Richmond in 2013.
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NewsThorntons appoints Caffè Nero boss Jonathan Hart as group chief executive
Chocolatier Thorntons has appointed Caffè Nero managing director Jonathan Hart as its new group chief executive.
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Opinion
Carrefour Belgium to expand self-scanning in stores
Carrefour Belgium is to roll-out hand-held scanning devices to stores for customers to use to speed up and improve their shopping experience.
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Opinion
John Lewis Partnership to deliver more targeted campaigns with new system
John Lewis and Waitrose will implement a new system to deliver more targeted and personalised marketing campaigns to their customers.
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NewsAsda appoints former Tesco man as COO
Asda has appointed Simon King as its chief operating officer.
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NewsTesco Christmas TV ad stars Amanda Holden
Tesco has signed up actress Amanda Holden to star in its Christmas TV campaign alongside its existing duo Fay Ripley and Mark Addy.
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NewsMorrisons set to hire 1,000 homeless people
Grocer Morrisons is training homeless people as fishmongers, butchers and bakers as part of the retailer’s pledge to hire 1,000 people that live on the street.
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NewsAsda trials Argos-style ordering service
Asda is trialling an Argos-style in-store ordering service in three stores in the north of England.
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NewsRetailers hit by biscuit shortage due to fire at packaging plant
Retailers including Sainsbury’s have been hit by a biscuit shortage because of a fire at a packaging plant that supplies United Biscuits, owner of the McVitie’s and Jacobs brands.
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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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News
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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News
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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News
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 ...