All Grocery articles – Page 618
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NewsCarrefour pins €600m on revitalising sluggish sales
Recession-related despondency is being tackled at Carrefour with the launch of a new marketing campaign for its struggling French operations.
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News
China Resources Enterprise posted a 9.6% turnover increase
Grocer China Resources Enterprise posted a 9.6% turnover increase to HK$18.98bn (£1.5bn) at its retail division for the first half ending June 30, although profit attributable to shareholders fell 27.7% to HK$276m (£21.8m).Managing director Chen Lang said: “We will continue to focus on our core businesses in order to solidify ...
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NewsAl Gore invests in Ocado
Online grocery retailer Ocado has completed a £50m financing to continue to grow the company, including an investment from former US vice-president and environmental campaigner Al Gore.
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NewsWaitrose strikes deal with Duchy Originals
Waitrose is to launch a top-end range, after striking a deal with Prince Charles’ organic food company Duchy Originals.
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NewsNew chairman for Threshers owner
First Quench Retailing, the owner of off licence chain Threshers, has appointed a new chairman.
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NewsAsda pledges 20,000 Christmas jobs
An extra 10,000 Christmas jobs are being created by supermarket giant Asda, doubling its “seasonal squad” to 20,000.
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NewsSurge in profits at Morrisons
Morrisons has reported a leap in half-year profits to £449 million from £309m as the resurgent supermarket put on further strong sales growth.
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NewsThorntons shows recovery in second half
Thorntons has revealed 4.5% drop in pre-tax profit to £8.1m but showed signs of recovery in the second half.
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NewsDeflation returns to the high street
Shop prices have fallen on the British high street for the first time since February 2007, as the retail sector revealed a drop of 0.1% last month compared with inflation of 0.5% in July.
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NewsTesco continues to invest in Fresh & Easy
Tesco is continuing to invest in its US Fresh & Easy shops, despite it saying it had put its expansion in northern California on hold.
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News‘Recovery hopes premature’ as August UK retail sales fall
UK retail like-for-like sales fell 0.1% in August as shoppers stayed away from the high street due to very wet weather, casting doubt on early economic recovery hopes.
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OpinionMajestic toasts new customers
Majestic Wine has switched its minimum order policy, and the move — along with its customer service proposition — is likely to bring in new customers.
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NewsSainsbury’s boss Justin King insists he will remain at the grocer
Sainsbury’s chief executive Justin King has reaffirmed his commitment to the grocer, and dampened speculation he will move to head up Marks & Spencer.
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NewsTesco criticised for offering CT health scan vouchers
Radiation risks from X-rays has led to criticism of Tesco’s promotion of vouchers for CT health scans through its Clubcard loyalty scheme.The Society of Radiographers said the Lifescan promotion, billed as helping to detect tumours and other illnesses, is “inappropriate” and does not make the risks from radiation exposure clear.Spokesman ...
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NewsJohn Lewis reports strong bank holiday trade
John Lewis reported an upbeat weekly trading report, helped by new product lines in home and fashion.
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OpinionLessons from the highly evolved
Species evolution has a lot to teach us when it comes to developing businesses, says Mark Price
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News
Carrefour reports larger than expected loss
Carrefour has reported a larger than expected €58m (£51.1m) loss in its first half, compared with a €747m (£655.7m) profit a year earlier.The grocer plans to spend as much as €600m (£528.8m) on discounts and marketing this year to improve sales in France. Revenue fell 1.6% in the first half ...
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NewsMusgrave pushes broadband to unite its partners
Musgrave Retail Partners GB will encourage owners of its Londis and Budgens stores to adopt a broadband network it has trialled in a number of company-owned stores.
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NewsAnalysts welcome Majestic Wine changes
Majestic Wine revealed on Monday that it was reducing its minimum order size to six bottles after a trial in selected stores over the past year.
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NewsClubcard will allay Tesco doubts, says broker
Broker ING has upgraded Tesco ahead of next month’s interim results, despite concern among some analysts that the grocer is suffering at the hands of resurgent rivals.