All Grocery articles – Page 601
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NewsAndy Bond to advise Walmart on new international markets
Outgoing Asda chief executive Andy Bond is to advise parent company Walmart on conquering Russia and other new markets when he steps up to the role of chairman.
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NewsOcado launches Android version of mobile app
Online grocer Ocado has launched an application on Google’s mobile phone operating system Android.
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OpinionThe big questions for Andy Bond’s successor
Andy Bond will leave his successor with two big headaches: How Asda can arrest its underperformance and can a food retailer prosper on Everyday Low Prices alone?
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AnalysisWho’s front-runner in retail’s election?
The National Insurance controversy has thrust retail and its leaders into the thick of the general election battle. How will the parties’ policies affect our industry?
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Opinion
Chinos in Leeds
If you’re out in Leeds tonight, keep an eye out for a group of men in chinos and polo shirts.
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News
Fresh & Easy launches EatWell range
Tesco’s Fresh & Easy Neigborhood Market has launched EatWell, a line of 17 new healthy, ready-to-eat prepared meals and sides.The range includes salads, soups, noodle dishes, main courses and other options, with most options selling for $3.99 (£2.46).The EatWell range has been designed to contain fewer than 500 calories in ...
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News
Blue Square seeks majority stake in Dor Alon
Supermarket operator Blue Square is planning to acquire a majority stake in Dor Alon, which operates 168 convenience stores and 183 petrol stations.Blue Square executive chairman David Wiessman said: “The acquisition would combine the retail operations of the company and Dor Alon into one group creating the largest retail group ...
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NewsAsda plans 150 Living stores in bid to be UK’s leading non-food retailer
Asda has confirmed that it is aiming to become the UK’s biggest non-food retailer by growing the number of Asda Living stores fivefold to 150.
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NewsPolitical parties address Asda shoppers
Video messages from the three major political parties addressing Asda’s shoppers have been posted on the grocer’s website today.
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NewsWhole Foods Market revives UK expansion
US organic grocer Whole Foods Market has revived its plans for expansion in the UK as its US business starts to recover from the economic slump.
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NewsAndy Bond steps down as Asda chief executive
Andy Bond is stepping down as chief executive of Asda.
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NewsOrganic food sales hit during the recession
Sales of organic food and drink plummeted 12.9% last year as cost-conscious shoppers turned their backs organic products with higher price points.
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NewsFormer Baugur boss sued for £30m by nationalised Icelandic bank
Jon Asgeir Johannesson, the former boss of collapsed Icelandic investment vehicle Baugur, is being sued by nationalised Icelandic bank Glitnir for £30m over claims that he used his influence as a major shareholder to secure a personal loan.
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NewsMorrisons claim shareholders blocked a competitive pay package for Marc Bolland
Morrisons has claimed shareholders blocked plans to increase pay awards for its former boss Marc Bolland who was poached by M&S to take over as its chief executive.
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News
Migros net sales down 3%
Swiss market leader Migros reported group net sales declined 3% to CHF24.95bn (£14.7bn) for 2009.The group blamed lower prices of Migros’ products, a dramatic drop in crude oil prices and a decline in business travel for the drop. However, net profit soared 20.8% to CHF846m (£500m). And the group’s other ...
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News
Rewe plans £360m investment in Austria
Rewe Group’s international arm plans to invest €400m (£360m) this year in Austria, where the division is based, and abroad.The figure is 20% less than last year, when Rewe International invested €500m (£446m), out of which €200m (£178m) was ploughed into Austria.Frank Hensel, the international arm’s chief executive, told financial ...
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News
Carrefour to invest up to £40m in Argentina
Carrefour will invest as much as ARS250m (£40m) in its stores network in Argentina this year as supermarket sales recover.The retailer, which operates under banners including Dia in the country, invested ARS1.25bn (£202m at current exchange rates) in stores growth between 2006 and 2009, and will add 23 stores to ...
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News
Magnit profits up 46%
Net profits at local grocery chain Magnit jumped 46% in 2009 to $275.2m (£176m).Preliminary net retail revenue rose 28% to RUB169.6bn (£3.79bn). Like-for-likes climbed 4%, helped by a 6% rise in average basket value. The retailer added 646 stores in the year. Magnit said it will continue to cut prices ...
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News
Grocery accounts for majority of Walmart US sales
Walmart revealed that its US division generated a majority of its sales from grocery categories for the first time in its history last year.Grocery sales - including meat, produce, deli, bakery, dairy, frozen foods, floral and dry groceries, as well as consumables such as health and beauty aids, household chemicals, ...