All Grocery articles – Page 637
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NewsMarks & Spencer directors miss out on bonuses
Marks & Spencer executive directors, including chairman and chief executive Sir Stuart Rose, all went without bonuses and pay rises last year after pre-tax profits at the retailer fell 40 per cent.
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NewsWarm weather brings mixed fortunes for John Lewis Partnership
John Lewis had a tough week last week as the warm weather hit footfall and sales at its stores.
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NewsMay like-for-like sales hold up
Retail sales dipped again in May, after growing in March and April.
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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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NewsMarks & Spencer Westfield London makeover as big-ticket sales struggle
Marks & Spencer is expected to begin a realignment of its Westfield London store, reflecting the challenges retailers have had selling furniture and groceries in the centre.
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NewsRetail stocks rebound but City still cautious
Has the rally in general retail stocks run its course? That’s what one leading broker said, despite the sector rebounding this week after three weeks of decline.
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OpinionRed tape has gone too far
Heavy-handed legislation on selling alcohol asks retailers to police drinking, says Iceland chief executive Malcolm Walker
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NewsSpar pushes new format for the UK as sales surge
Symbol group Spar opened its flagship Eurospar store in Broomhill, Sheffield, today as the company revealed gross sales in the year to April 30 jumped 11.6 per cent.
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Opinion
Gearing up for green shoots
As someone old enough to have endured the last recession, I recall that consumption GDP and the retail sector recovered relatively quickly – it took a modest three years for consumption to reach its pre-recession peak after the 1990s slump.
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NewsWaitrose gives last-minute show of support for retail ombudsman
Upmarket grocery retailer Waitrose has given surprise backing to the campaign for a retail ombudsman.
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News
Shoprite and Pick ’n Pay welcome investigation
Africa’s two largest retailers – Shoprite and Pick ’n Pay – have said they have nothing to hide about their supplier relationships and would welcome an investigation by the Competition Commission.The National Agriculture Marketing Council is expected to recommend an investigation into retailers’ “dominating” role with South Africa’s food producers.Shoprite ...
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News
Lidl seeks sites in Romania
Discount chain Lidl is looking for store sites as it prepares to enter the Romanian market, according to local media.The German group wants plots ranging from between 43,000 and 86,000 sq ft in towns with 30,000 inhabitants or more. Lidl plans to open stores in Galati, Bistrita-Nasaud, Lasi, Medias and ...
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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.