All Grocery articles – Page 605
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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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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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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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News
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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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.
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NewsDoubts raised over Ocado IPO
Doubts have been raised about the stock market flotation potential of Ocado, after it emerged that Waitrose is to launch a competing online operation in central London within two years.
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NewsLondon retail sales growth hits five-year low in January
Retail sales growth in London hit a five-year low in January, hampered by the bad weather and less discounting than the same time last year.
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OpinionWhat, more regulation?
Both Labour and the Conservatives have lent support to a supermarket ombudsman. But does it actually protect suppliers? And does it matter at all to the consumers?
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NewsTesco chief Sir Terry Leahy slams ombudsman
Tesco chief executive Sir Terry Leahy hit out at plans for a supermarket ombudsman, saying a watchdog would work in the interests of suppliers rather than consumers.
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NewsRetailers compete for share of £1.6bn Valentine’s sales bonanza
Retailers are gunning for a £1.6bn pay day from Valentine’s Day sales this weekend, with grocers hoping cash-strapped lovers eat at home rather than go out to a restaurant.
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NewsAnalyst opinion mixed as Ocado eyes spring flotation
Online grocer Ocado has moved a step closer to a potential IPO and is understood to be gearing up for a spring flotation.
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News
Mercadona to test Wincor Nixdorf automated checkout
Mercadona will be the first retailer to test Wincor Nixdorf’s new prototype of a fully automated checkout in the retailer’s laboratory later this month.According to Wincor Nixdorf, the new prototype for an automated checkout will for the first time make it possible to accurately read more than 95% of the ...
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NewsSir Richard Greenbury defends Marc Bolland’s M&S reward
Sir Richard Greenbury, ex-chairman and chief executive of Marks & Spencer, who led the retailer to profits of more than £1bn for the first time, has defended the reward package given to incoming boss Marc Bolland.
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OpinionCustomers demand quality over price in food
Times may be tight but when it comes to food, customers still want quality says Mark Price