All Grocery articles – Page 599
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NewsTesco to launch property website
Tesco is expected to go head to head with estate agents within weeks with the launch of a property website, allowing home owners to advertise their properties for a flat fee of around £200.
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NewsGrocers become childrenswear market leaders
Supermarkets became market leaders by value in childrenswear for the first time last year.
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Rewej posts record sales
Rewe Group posted record sales of more than €50bn (£45bn) in 2009 but EBITA plummeted 27% to around €520m (£464m), according to German trade paper Lebensmittel Zeitung.Rewe’s grocery arm was seen as the “real winner of the crisis” in Germany, while its DIY stores and cash-and-carry operations were reported to ...
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NewsThorntons invests in products to reverse second-half losses
Thorntons intends to reduce its dependency on Christmas by investing in products to drive sales in the quieter summer months.
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Lidl prepares for stagnating German sales
Lidl is preparing for sales growth to flatten out in its domestic market.Sales in Germany are reportedly stagnating as new stores cannibalise sales. Lidl has opened over 80 stores in the past year in Germany.However, according to German trade paper Lebensmittel Zeitung, the group is close to acquiring Tengelmann’s Plus ...
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NewsSainsbury’s says it is the world’s fair-trade leader
Sainsbury’s has claimed that it is the world’s largest retailer of Fairtrade products, as retailers gear up for Fairtrade Fortnight next week.
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GalleryStore of the Week: Hotel Chocolat, Victoria
We’ve all grown used to the world of semi-designer chocolates proposed by Hotel Chocolat - the place in which you buy your beautifully packaged, yummy confections in an environment that makes you feel good about parting with a fair amount of money.
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Loblaw launches discount brands
Following a similar move by Tesco in the UK, grocer Loblaw - whose chief operating officer Dalton Philips has just been revealed as Marc Bolland’s replacement as chief executive of Morrisons in the UK - has launched a new line of discount brands in Canada.The range features category-specific brands such ...
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NewsHolland & Barrett moves in on food to go with Suffolk opening
Holland & Barrett is to make a play for the food-to-go sector with the unveiling of a new-look store concept today.
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NewsAsda on a mission to take crown in non-food using etail and home
Asda is gunning to be the UK’s number one retailer in non-food in the next five years, and intends to hit its target by growing online and opening more Living stores.
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AnalysisLoyalty schemes gain in importance across Europe
Loyalty schemes are rising in importance across Europe as retailers attempt to gain and retain shoppers in a post-recessionary environment.
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Lotte acquires GS stores
Local player Lotte Shopping has acquired the GS Mart hypermarkets and GS Square department store operations from GS Retail in South Korea.The deal, valued at about £700m, includes three department stores and 14 hypermarkets and will help Lotte Shopping close the gap on market leaders Shinsegae, which runs the E-mart ...
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Cencosud sales down 11% to £6bn
Chilean retail conglomerate Cencosud reported an 11% decrease in net sales to CLP5.33 trillion (£6bn) in 2009, while net profit dropped 38% compared with the previous year to CLP96bn (£108m).The retailer, which runs fascias including hypermarket chain Jumbo, attributed its drop in sales and profit to an unfavourable exchange rate, ...
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NewsAsda reveals 2010 plans after reporting Q4 like-for-likes up 4.6%
Asda has reported that comparable sales excluding fuel were up 6% for the full year and 4.6% in the fourth quarter.
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NewsAsda staff share £26m bonus pot
Asda staff will share a record £26m bonus pot this month with each employee receiving up to £437.50, as the retailer reveals it will create new jobs and unveil an enhanced buying deal with parent Walmart.
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NewsThorntons sales drop but profits up
Thorntons has reported a 0.7% drop in sales in its interim results but a 24.6% increase in pre-tax profit.
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News‘Boring’ Asda prepares fightback
Asda bosses have conceded that the grocer has become ‘boring’ and laid out plans to tackle its underperformance, Retail Week has learned.
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NewsGrowth of international discount supermarkets slows
Discount supermarkets are facing a slowdown in growth as competition from more mainstream competitors and brands start to impact on their sales.
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NewsTesco extends Clubcard double points offer
Tesco has extended its double Clubcard points offer until the summer, piling further pressure on rivals to keep up promotions.
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NewsSainsbury's claims to be world's biggest Fairtrade retailer
Sainsbury’s has claimed it has become the world’s biggest retailer of Fairtrade products after hitting sales of £218m in the past year.