All Grocery articles – Page 582
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NewsOcado presses button on IPO
Home shopping group Ocado is to float on the London Stock Exchange after interim EBITDA surged 181% to £8m.
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News
Kroger’s profits decline
Grocery retailer Kroger’s net profit declined 14.1% to $373.7m (£251.6m) in the first quarter to May 22. Total sales, including fuel, rose 8.7% to $24.8bn (£16.7bn), while sales excluding fuel increased 3.1%. Like-for-like supermarket sales, without fuel, were up 2.4%. Kroger’s chairman and chief executive David Dillon said: “The total ...
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News
Costco lobbies Washington state for new liquor distribution laws
Costco is to lobby the Washington state government in an effort to shake up liquor distribution laws.
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NewsRobert Tchenguiz trust to hand over £137m Somerfield proceeds to Kaupthing administrators
A trust connected to investment tycoon Robert Tchenguiz has abandoned its legal fight to retain £137m of proceeds from the sale of grocer Somerfield.
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NewsAsda aims to absorb VAT rise
Grocery and general merchandise giant Asda intends to shelter shoppers from the worst of the VAT rise in the new year.
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NewsWaitrose acquires Channel Island supermarkets
Waitrose is expanding its presence to the Channel Islands after buying five supermarkets from Sandpiper.
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NewsOne Stop invests in Galleria merchandising system
Tesco-owned convenience chain One Stop is to optimise selling space in its stores using a merchandising system from Galleria.
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NewsWaitrose to take Duchy Originals to America
Waitrose is making its first foray into America by selling Prince Charles’ Duchy Originals in the US.
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NewsSainsbury’s unveils biggest ever Back to School range
Sainsbury’s has launched its biggest ever Back to School range as it aims for record year-on-year growth in the category.
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NewsAsda market share slips
Asda continues to underperform with its market share back down to a level not seen since November 2008, according to grocery figures from Kantar Worldpanel.
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NewsAsda Income Tracker: Average household discretionary income falls in May
The average UK family had £6 a week less disposable income in May than the same month a year earlier, according to the Asda Income Tracker.
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NewsSainsbury’s eyes China after management changes
Sainsbury’s is considering entering the Chinese market after revealing its management shake-up.
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NewsTesco takes control of two Fresh & Easy suppliers
Tesco has taken control of the operations of two of its US suppliers to its Fresh & Easy chain.
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NewsSainsbury’s shuffles board responsibilities
Sainsbury’s has shuffled responsibilities on its main and operating board which will see finance director Darren Shapland take up a new role to drive new business developments.
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NewsSainsbury's rolls out ‘bee hotels’
Sainsbury’s has recruited its first bee keeper as it gears up to roll out a network of ‘bee hotels’ at 38 stores across London.
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OpinionHonking all the way to the bank
Sainsbury’s scored with the sales of its vuvuzelas, but for the grocery market in general, the World Cup is just what is needed right now.
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NewsTesco faces AGM revolt over pay
Tesco faces the prospect of an investor revolt at its AGM next month over “excessive” executive pay, singling out US boss Tim Mason as an example.
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