All Grocery articles – Page 635
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NewsJohn Lewis beats strikes and floods to post weekly sales rise
Sales at John Lewis department stores rose 0.4 per cent in the week to June 13, bringing the sales decline for the year so far to 4.8 per cent.
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NewsEx-Somerfield boss Paul Mason eyes punch-drunk Threshers
Former Somerfield chief executive Paul Mason has cast his slide rule over troubled off-licence chain Threshers, it is understood.
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NewsHouseholds better off but still reluctant to spend
The average household’s discretionary income has risen by 25 per cent to £1,075 over the past 12 months, but consumers remain cautious about splashing out in stores.
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NewsOcado changes advertising tack after ASA ruling
Ocado has adapted its Tesco Price Match strategy after a ruling by the Advertising Standards Authority that ads highlighting the online retailer’s campaign were misleading and its claims could not be substantiated in a number of instances.
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NewsHenderson connects stores via broadband
Northern Irish Spar operator Henderson Group is in the process of rolling out a broadband network to connect its company-owned stores and independents to head office.
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OpinionDon’t neglect your core customer
Upmarket retailers can talk about value but can’t lose sight of core principles, says Simon Burke
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NewsMajestic Wine to stay expansion course despite profits plunge
Majestic Wine chief executive Steve Lewis will press ahead with expanding to 250 branches from 150 over the next five to 10 years, despite a profits plunge.
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NewsSupermarkets to intensify online non-food push
Supermarkets look likely to steal a further slice of general retailers’ sales as both Tesco and Sainsbury’s revealed plans to extend their non-food operations in their first-quarter trading updates this week.
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NewsRetail sales slip in May
Retail sales volume fell 0.6 per cent month on month in May and was down 1.6 per cent year on year, ONS data showed. Sales by value were down 1.1 per cent compared with May 2008.
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NewsTesco bond sale raises £430m
Grocery group Tesco has raised £430m through the sale of commercial mortgage-backed securities (CMBS).
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NewsOcado could float in 2010
Online grocery retailer Ocado could bag an estimated £600m next year if a float that is being considered were to go ahead, according to The Times.
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NewsSainsbury’s raises £445m to fund growth
Sainsbury’s is to raise £445m to fund an accelerated growth drive and deliver an extra 2.5 million sq ft of trading space by March 2011.
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NewsMarks & Spencer launches ad campaign to bolster ethical image
Marks & Spencer has launched a marketing campaign tunder the banner “Doing the right thing” and designed to emphasise its corporate social responsibility credentials.
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NewsTesco posts robust sales
Group sales at the UK’s largest retailer rose 12.6 per cent for the 13 weeks to May 30.
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NewsIndia offers greatest retail opportunities study shows
India offers the greatest investment opportunities for international retailers, a study has found.
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NewsTesco builds Chinese mall
Tesco will open its first shopping centre in the northeastern Chinese city of Fushan later this year.
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NewsProfits collapse at Majestic Wine
The tougher economic climate has hit home at Majestic Wine, which saw sales for the year to March 30 rise 2.4 per cent to £201.8m, but pre-tax profits fall 55.8 per cent to £7.4m.
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NewsHot weather holds back John Lewis but helps Waitrose
Hot weather in the early part of last week held back John Lewis’s sales, but helped Waitrose to a strong week.
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NewsAldi UK boss Paul Foley lashes out at supplier bullying
Suppliers must refuse to be “bullied” into not supplying discount retailers by the sector’s giants, Aldi UK and Ireland group managing director Paul Foley said yesterday.