All Grocery articles – Page 619
-
NewsMarket wobbles but positive signs abound
The market was hit by a bout of nerves following the recent bull run and the FTSE 100 suffered its biggest loss of value in two months. General retailers performed slightly below the market but food groups, which have frequently been out of favour lately, remained almost flat.
-
News
Casino’s first-half net profits hit €231m
French grocer Casino’s first-half net profits hit €231m (£203.5m), up from €229m (£201.8m) in 2008, while operating profit fell 9.1% to €488m (£430m).The retailer now expects to have implemented a €1bn (£881.1m) asset disposal programme by the end of next year. It also plans to strengthen its appeal by developing ...
-
NewsEntries open for Oracle Retail Week Awards 2010
The deadline for entries to the 2010 Oracle Retail Week Awards, the biggest event in the retail calendar has been extended to November 6.
-
News
Lianhua records a 2.2% growth in turnover
China’s largest grocer, Lianhua, recorded a 2.2% growth in turnover to CNY10.98bn (£984.5m) in the first half of the year. However, the impact of the financial crisis and a slump in consumer goods prices meant that same-store sales fell 1.7%.Net profit was up 10% to CNY250m (£22.4m). The group continued ...
-
News
Cencosud reports a 16% decrease in net sales
Grocery retailer Cencosud reported a 16% decrease in net sales to CLP1.24 trillion (£1.38bn) in its second quarter.The retailer was knocked by the financial crisis and adverse exchange rates in the international markets where it operates.Meanwhile, rival Falabella reported CLP832.8bn (£924.2m) sales for its second quarter, 7.8% lower than the ...
-
NewsTesco enlists former shoplifter to help with in-store crime
Tesco has enlisted a former professional shoplifter to give the grocer advice on how to stay ahead in terms of crime in its stores.
-
OpinionAsda's George hits the Christmas spot
Asda has unveiled a glamorous and stylish range for Christmas from its clothing brand George. But the collection also shows how far the value fashion retailer has come in terms of quality.
-
NewsM&S on verge of appointing headhunter for chief executive search
Marks & Spencer is on the verge of appointing a headhunter to begin its search for a new chief executive to replace Sir Stuart Rose next year.
-
NewsMore retailers expected to go bust in 2010
The number of retail businesses going bust is set to continue next year as rising unemployment is expected to continue to impact consumer spending.
-
NewsMajestic Wine halves minimum spend rule
Drinks specialist Majestic Wine has halved the minimum amount of bottles customers must buy to six.
-
OpinionMake do and mend the Waitrose way
John Lewis this morning published an updated version of its famous wartime Make Do And Mend pamphlet, but sister supermarket chain Waitrose is showing customers its own way of dealing with the recession.
-
NewsMixed fortunes for John Lewis, but Waitrose prospers
A “week of two halves” resulted in satisfactory results for John Lewis but the department store chain’s overall sales remain down on last year.
-
NewsThreshers owner on the hunt for new chief executive
Threshers owner First Quench Retailing is searching for a new chief executive after the resignation this week of Yvonne Rankin owing to ill health.
-
NewsSales of Sainsbury’s Basics range rocket
Sainsbury’s has revealed that sales from its Basics own-label value offer are 50% higher than a year ago.
-
NewsJulian Graves fascia to survive acquisition by Holland & Barrett
Holland & Barrett will retain the Julian Graves fascia in the majority of stores following clearance last Friday from the Office of Fair Trading (OFT) for its takeover of the chain.
-
NewsSales declines set to continue
Sales across the high street fell for the fourth consecutive month in the year to August, according to figures from the CBI.
-
NewsShopper response to Tesco's Clubcard relaunch 'slow', suppliers say
Doubts have been expressed about whether Tesco’s Clubcard 2 initiative has appealed to shoppers as hoped.
-
NewsFirst Quench chief Yvonne Rankin resigns
Yvonne Rankin, chief executive of drinks retailing group First Quench, has resigned for reasons of ill health
-
NewsMarks & Spencer ditches 75p jam sandwich
Marks & Spencer has ditched its “credit crunch” 75p jam sandwich after it failed to lure recession weary shoppers.
-
NewsTesco criticised for false poll claims
Tesco has been condemned for using false statistics as part of a local marketing campaign aimed to win public backing for a new store.