All Grocery articles – Page 603
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News
Who is buying Buy The Way?
Bidding is coming to a close for local convenience store chain Buy The Way, which was put up for sale by private equity owner Unitas Capital late last year.AEON-owned Ministop, Lotte Group - which owns the 7-Eleven franchise in South Korea - and US private equity firm Carlyle Group have ...
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NewsOverlooked grocers back on City radar
Investor appetite this week for food retailers was keen but general retailers were shunned, despite almost without exception beating Christmas expectations.
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NewsOnline retail sales hit £5.46bn in December
Shoppers spent £5.46bn online in December and increase of 17% on last year, according the IMRG Capgemini’s latest e-retail sales index.
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News
Delhaize Group sales up 1.2%
Sales at Delhaize Group rose 1.2% last year at a constant exchange rate, with organic revenue growth of 2.4%.Growth was helped by a solid performance in Belgium and double-digit rises at its Greek, Romanian and Indonesian operations.At its US arm, sales fell 1.3%, affected by the strengthening of the US ...
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NewsMorrisons like-for-likes up 6.5%
Morrisons has reported strong Christmas trading with like-for-like sales up 6.5% on the six weeks to January 3.
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NewsMorrisons appoints home and leisure director
Morrisons has appointed Mike Snell as its home and leisure director.
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NewsTesco launches ‘Buy One, Get One Free Later’ deals
Tesco has this week launched a ‘Buy One, Get One Free Later’ deal, which it claims will help customers cut down waste.
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NewsCo-op reshuffles marketing and commercial teams
The Co-operative Group has shaken up its food management team following the acquisition of Somerfield.
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NewsOnline grocery shopping could double in five years
Online grocery shopping is set to double in the next five years according to estimates from the Institute of Grocery Distribution.
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NewsSir Terry Leahy confident of recovery in 2010
Tesco boss Sir Terry Leahy said that he was confident of economic recovery this year despite doubts that increased taxes in the UK would hamper growth.
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NewsLondon retail sales up 12%
Central London’s retail like-for-like sales in December were up 12% over a year ago, when sales had fallen 0.7% as the financial crisis hit consumer confidence.
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AnalysisJohn Gildersleeve: A good fit for New Look
While his fierce reputation may be unjustified, the former Tesco dynamo seems a good fit as chairman of New Look
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NewsLoyalty push helps supermarkets outstrip the festive competition
Loyalty has played a key part in driving strong Christmas performances for grocers Tesco, Sainsbury’s and Co-operative Group.
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NewsSnow chaos to cost grocers ‘millions’
Major transport disruption wreaks havoc with supermarkets’ supply chains
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OpinionTesco likely to stay on buy lists
Despite some gloomy portents before Christmas and some lacklustre trading weeks in the run-up to the big event, the festive season lived up to its name for many store groups.
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AnalysisHow John Lewis won the festive retail battle
By investing cleverly in product, price and customer service the John Lewis Partnership has emerged the Christmas winner.
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NewsMorrisons’ attention turns south with property team
Morrisons is understood to have set up a property team in the south of England as it seeks to ramp up its expansion in the region.
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AnalysisAldi could shake up the New Zealand food market
There’s been some interesting speculation that Aldi - which has really made waves in Australia - is actively looking to enter the grocery sector in New Zealand, registering myriad trademarks and also dispatching staff to scope out potential sites.
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News
Magnit to invest $1bn in development
Sergey Galitsky, the chief executive of Russian grocer Magnit, has revealed that the company is planning to invest up to $1bn (£619.8m) in development this year.Magnit has doubled the number of new store openings it expects, compared with the target it gave last October. It plans to open 25 to ...
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NewsCarrefour poaches Tesco star for top French role
Carrefour has poached Tesco high-flyer James McCann as executive director of its flagship French business.