All Grocery articles – Page 617
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NewsPotential buyers eye First Quench stores after group’s administration
Trade buyers and private equity groups are circling collapsed Threshers owner First Quench Retailing as the deadline for bids draws near.
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News
Metro Group to expand to Asia
Metro Group is set to begin a massive expansion in Asia, according to Metro Cash & Carry International chief executive Frans Mueller.The company is planning to start with 20 hypermarkets in Tokyo.Metro is also looking at other Asian countries, especially China, as well as Eastern Europe - Russia and Ukraine ...
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AnalysisCarrefour backs home front while Metro plays away
Recent events have thrown the contrast in strategic priorities between the world’s second- and third-largest retailers, Carrefour and Metro Group, into stark relief.
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NewsWaitrose disputes Marks & Spencer’s cheaper-price campaign
Waitrose managing director Mark Price has hit back at rival Marks & Spencer’s claims that a typical basket of products in its shops is cheaper than the John Lewis Partnership-owned grocer.
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News
Louis Delhaize to exit Caribbean markets
Belgian grocery group Louis Delhaize is to exit its Caribbean markets. Subsidiary SISB is up for sale in Guadeloupe, French Guiana, Martinique, St Martin and St Barthelemy. Around the region, the group operates four Cora hypermarkets, 15 Match supermarkets, 57 Ecomax discount stores, one Leader Price discount store, a wholesale ...
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NewsMarks & Spencer and Next chiefs see market stabilising
Marks & Spencer executive chairman Sir Stuart Rose intends to trade the business at full price through the Christmas period on the back of improved consumer confidence.
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NewsDairy Crest to ramp up food home delivery
Dairy company Dairy Crest is gunning to reach 250,000 customers by March for its home delivery, direct-to-customer Milk&More offer.
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NewsMarks & Spencer and Next results surpass expectations
Updates from the two biggest quoted fashion groups, Marks & Spencer and Next, pleased brokers as each retailer reported encouraging recent trading.
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OpinionJanuary could be just the start of VAT woes
The word is that it’s not just raising VAT to 20% that is being considered, but even the introduction of a 5% rate on food that is currently VAT exempt.
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OpinionWhere next for Tesco?
Analysts seem to think that Tesco’s core UK business, which had been lagging competitors, is back on track so it’s understandable that the cavalcade should move on to focus on overseas.
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NewsAlmost 2,000 jobs to go as 373 First Quench stores close
The administrators of Threshers owner First Quench Retailing are to shut 373 stores, resulting in 1,738 redundancies.
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NewsShop price inflation at zero after two months of deflation
Overall shop price inflation stood at zero last month after two consecutive months of deflation.
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NewsM&S posts flat first-half profits
Marks & Spencer reported a “good start” to its third quarter but is “cautious” about Christmas prospects after posting flat interim profits.
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NewsMarks & Spencer gives green light to branded food range
Marks & Spencer is to roll out its branded grocery offer to most of its shops after the success of a trial in 54 stores in the North East and South East of England.
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NewsM&S targets Waitrose in advertising first
Marks & Spencer has launched a price comparison advertising campaign targeting Waitrose’s Essentials range, the first time the retailer has adopted the tactic against its close competitor.
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NewsPotential buyers circle Threshers owner First Quench
Rival off-licence chains and private equity groups are understood to be circling collapsed drinks retailer First Quench.
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NewsTesco holds talks with Tony Blair
Tesco is understood to have held talks with former Prime Minister Tony Blair about helping the grocer to move into the Middle East.
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NewsMorrisons seeks supplier support
Morrisons is understood to be asking for suppliers for more support for its promotions as competition in the grocery sector intensifies.
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OpinionThe writing was already on the wall
Threshers owner First Quench has plunged into administration. Where does that leave its some 6,200 staff?
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NewsThreshers owner First Quench makes 81 redundancies
Threshers owner First Quench Retailing has made 81 redundancies at head office following its collapse into administration last night.