All Grocery articles – Page 598
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News
Carrefour profits plummet
Carrefours profits plummeted 70% to €385 m (£343m) in 2009, largely due to restructuring charges.In France and Western Europe sales fell 2.7% and 5.4% respectively. However, the French retail giant boasted market share gains in its home market.Meanwhile, Carrefour’s Latin American and Asian divisions posted sales growth of 11.9% and ...
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AnalysisThe benefits of local sourcing
Local sourcing can not only be cost effective, it can help build community ties, says Liz Morrell
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NewsMorrisons hopes England World Cup backing will drive footfall
Morrisons retail director Mark Gunter expects the grocer’s support of England’s FIFA World Cup 2018 bid to drive new shoppers to its stores.
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NewsMike Ashley’s intervention hits Blacks shares
General stores and food retailers both had a dull week, with each sector lagging the market.
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NewsAnalysts speculate on Marc Bolland’s plans at M&S
Marc Bolland does not take the helm at M&S until May, but analysts are already speculating about what he may do.
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AnalysisAndy Bond: Asda is ready for battle ahead
Asda hasn’t become ‘boring’ and is approaching 2010 in an aggressive mood with a raft of new initiatives, chief executive Andy Bond tells Jennifer Creevy
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News
Edeka considering expansion abroad
Grocery market leader Edeka is considering expansion abroad with its recently strengthened Netto discount banner, The Financial Times Deutschland reported.The retail group is said to be planning to open stores in foreign markets “in five years’ time at the latest”, preferably in Central and Eastern Europe but not necessarily in ...
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News
Loblaw net income up 19.3%
Loblaw reported that net income soared 19.3% to C$550m (£309m) for the financial year to January 2, 2010. Total sales declined 0.2% to C$30.8bn (£17.3bn) while same-store sales slid 1.1%.Executive chairman Galen Weston said: “As we enter 2010 we continue to expect sales and margins to be challenged by deflation ...
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NewsAsda promotes Andrew Moore to George MD
Asda has promoted Andrew Moore to the position of managing director for its clothing brand George.
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NewsMorrisons to wireless-enable manufacturing sites
Morrisons is to spend £1.5 million introducing wireless networks and devices at five of its manufacturing plants.
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News
Customer satisfaction with top retailers improves
Customers’ satisfaction with retailers improved for the first time after three quarters of small declines, according to the National Customer Satisfaction Index.
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NewsOcado appoints former Reuters director as non-exec
Ocado has lined up former finance director of Reuters David Grigson as a senior non-executive director.
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NewsAsda income tracker: UK family no better off in January than last year
The average UK family was no better off in January than a year earlier, marking the second consecutive month where there was no change in discretionary income, according to the Asda Income Tracker.
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NewsWhole Foods UK launches online offer
Whole Foods Market has launched an online grocery offer in the UK.
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NewsGrocers hit out at Tory planning proposals
Grocers have hit out at Tory plans to give more power to local councils to veto the development of shopping complexes.
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NewsMorrisons to back England World Cup bid
Morrisons has joined forces with the Football Association to be official supermarket of the England bid to host the 2018 World Cup.
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NewsMorrisons prevents Marc Bolland poaching staff
Marks and Spencer’s incoming chief executive Marc Bolland will be barred from poaching staff from his former employer Morrisons, for one year.
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NewsOnline retail sales hits lowest-ever annual growth in January
Online retail sales growth slowed to its lowest-ever level in January, up just 5% like-for-like to £4.3bn.
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NewsSales of Fairtrade goods rise 12%
Sales of Fairtrade goods rose 12% in 2009, according to a YouGov poll commissioned by the Fairtrade Foundation.
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OpinionAn end to grocery promotions?
Asda will take an aggressive stance on the grocery sector this year. But will its price strategy be enough to hold off the likes of Tesco and Morrisons?