All Grocery articles – Page 632
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News
Future of Arcandor remains unclear
The future of Karstadt owner Arcandor remains unclear after rival group Metro proposed that it acquire and merge Karstadt’s stores with its own Kaufhof fascia.But Arcandor chief executive Karl-Gerhard Eick remains confident of a state-backed solution after lobbying for a €650m (£564m) loan. Arcandor argues that Metro’s idea could cost ...
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NewsMorrisons first-quarter like-for-like sales jump
Morrisons has revealed an 8.2 per cent rise in first-quarter like-for-like sales as bargain hungry customers flock to its lower-price offer.
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NewsLidl invests in document management system
Lidl UK is to introduce a document management system within its property division that will digitise more than 200,000 documents.
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NewsSainsbury’s appoints Rob Fraser as new IT director
Sainsbury’s has appointed former Boots group IT director Rob Fraser to its operating board as IT director, replacing Angela Morrison, who leaves the grocer this summer after four years as IT and change director.
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News
Retailers are responding to obesity, claims BRC
Retailers are demonstrating the effectiveness of working with customers to help them make the lifestyle changes needed in the fight against obesity, according to the British Retail Consortium.
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NewsMay food inflation falls to lowest level this year
Shop price inflation growth has slowed to 1.3 per cent in May, from 1.4 per cent in April.
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NewsAsda staff to share record £43m bonus
Asda has revealed that its staff are to share a £43m payout, the largest ever share scheme payout from the grocer.
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NewsSupermarkets under fire over suppliers accused of illegal rainforest destruction
The big four supermarkets are being accused of sourcing from Brazilian farms responsible for illegal deforestation.
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NewsWales and Southwest footfall shows sharpest decline
Wales and the Southwest have experienced the biggest fall in footfall numbers in the UK.
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NewsThorntons launches online sweet shop
Chocolatier Thorntons has launched an online sweet shop to tap into customers’ nostalgia for retro sweets.
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OpinionDo we really need more regulation?
As a decision on the proposed grocery ombudsman remains up in the air, supermarkets such as Tesco, Asda and Sainsbury’s need to focus on efficiencies to help customers through the tough times.
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NewsRecession has 'dramatically' changed spending habits
The recession has caused “dramatic” changes in the way consumers spend their money, according to Experian’s Insight Report.
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NewsJohn Lewis reports strongest week of the year so far
John Lewis has recorded its strongest week of the year so far, with sales up 2 per cent.
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NewsSainsbury’s on TV
Sainsbury’s chief executive Justin King has let four shopfloor staff loose in the grocer’s boardroom for a new Channel 4 TV programme called I’m Running Sainsbury’s, which starts next Tuesday at 9pm.
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News
Heron Frozen Foods sales jump but profits take a hit
Grocer Heron Frozen Foods has revealed a slide in its full-year pre-tax profits.
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News
Woolworths expects profit rise
Food and general merchandise retailer Woolworths expects a 20 per cent rise in full-year profits on the back of the sale of its stake in Woolworths Financials Services.The said its profit growth was aided by the R380m (£28.9m) it made from the sale of its stake. Woolworths is bucking the ...
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News
Dixy Group reveals net losses
Discount food retailer Dixy Group revealed that net losses last year were RUB324m (£6.6m) compared with a RUB429m (£8.7m) profit in 2007.The losses were mainly due to foreign exchange losses following the rouble’s decline against the dollar-denominated debt in its credit portfolio, amounting to RUB1.07bn (£21.7m).It was also hit by ...
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OpinionDeliver the Essentials
Cutting prices needn’t compromise quality, as Waitrose’s new range shows, says Mark Price
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NewsAsda and Tesco battle for stores site
Supermarket giants Asda and Tesco are embroiled in a dispute in Coalville, Leicestershire, where both retailers have submitted plans to develop stores.
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News
Arcandor says Metro merger is no alternative to Government aid
Retail group Arcandor said that talks with Metro over a possible merger of the Karstadt and Kaufhof department store chains is no alternative to government aid. Arcandor spokesman Gerd Koslowski said: “Metro would have to bring the money we need for survival and it really doesn’t look like that at ...