All Grocery articles – Page 639
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NewsTesco staff share £98m in bonuses
More than 207,000 Tesco staff are to share £98m in bonuses after the grocer’s recent record results.
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OpinionEra of transparency for retailers?
Asda’s Andy Bond says grocers need to be more transparent, so how can they use social networking sites to improve their customer relationships?
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NewsColes scores another UK hiring
Australian grocer Coles has snapped up another UK stalwart with the appointment of former Boots group financial controller Tony Buffin as its finance director.
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NewsJohn Lewis Partnership sales up
John Lewis Partnership recorded a 2.8 per cent sales rise in the week to May 16.
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NewsAsda chief Andy Bond heralds a ‘new era of consumer power’
Asda chief executive Andy Bond has heralded a “new era of democracy” as consumers now shape the way retailers do business.
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NewsBody Shop drafts in former Sainsbury’s director
Eco-friendly cosmetics giant Body Shop is understood to have appointed a former Sainsbury’s rising star for a top role.
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News
Belgian Delhaize to buy final stake in Greek Alfa-Beta
Belgian supermarket group Delhaize is to buy the outstanding 34.7 per cent stake in its Greek subsidiary Alfa-Beta.Delhaize said it would offer E30.50 (£26.88) a share. It became the principal shareholder of Greece’s second-largest food retailer in 1992.Delhaize chief executive Pierre-Olivier Beckers said he intends to operate Alfa-Beta with “no ...
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News
Supermarket chain Gimenes to be split between Carrefour and Associação Ricoy
Brazil Carrefour and local operator Associação Ricoy, comprising seven local grocers, will split supermarket chain Gimenes between them in a deal worth BRL60m (£18.9m), according to Gimenes’ creditors.Gimenes filed for Chapter 11 bankruptcy in December. 10 of its 23 units in São Paulo will go to Carrefour for BRL45m (£14.1m), ...
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News
Doubts cast over grocery ombudsman
No voluntary agreement on creating a grocery ombudsman is likely and some industry sources believe the proposal could even be canned.
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OpinionKnow your customer
Kerry Katona may have had her problems, but she’s still right for Iceland, says Malcolm Walker
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News
Metro seeks government intervention for rival's state support request
Metro has called on the German government to reject a request by its rival Arcandor for state support as it seeks to acquire the latter’s department store chain, Karstadt.Metro chief executive Eckhard Cordes wrote to the government outlining a “commercial solution” that would not need state intervention. Cordes has denied ...
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AnalysisTesco in Ireland: its toughest market
Faced with a tough economy, strong rivals and sales leaking north of the border, Tesco Ireland has struggled to assert its value stance. So will its counterattack work? Joanna Perry investigates
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NewsClothing retailers benefit from April sales rise
Retail sales rose 3 per cent in value year on year during April and 2.6 per cent by volume, ONS data showed.
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NewsTesco re-elected to PCI Security Standards Council advisory board
Tesco has been re-elected to the PCI Security Standards Council’s Board of Advisors, after already having served a two year term.
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NewsM&S reveals new marketing tagline: ‘Quality worth every penny’
Marks & Spencer has unveiled a new marketing tagline – “Quality worth every penny” – to emphasise its value credentials and reputation for quality.
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NewsFormer M&S execs join Asda’s George
Asda has appointed two former Marks & Spencer executives to take up senior roles at its George clothing range.
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NewsMarks & Spencer launches transformation drive as profits plunge
Marks & Spencer has launched a transformation programme called 2020 – Doing the right thing, to be headed by finance director Ian Dyson.
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NewsAndy Bond to deliver BRC’s Annual Retail Lecture
Asda chief executive Andy Bond is to deliver the British Retail Consortium’s inaugural Annual Retail Lecture on Tuesday.
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OpinionFood retail’s outstanding leaders
The supermarkets have pursued very different tactics to navigate the recession, but their success derives from one common quality, which is a clear vision that comes right from the very top.
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NewsONS admits it has overstated sales volumes
The Office for National Statistics is to revise the way it calculates its much criticised official retail sales figures.The Government’s official statistical body said the net impact of the changes will be to revise down its estimates of sales volumes. There will be no impact on the assessment of sales ...