All Grocery articles – Page 657
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News
Casino gains call option on ING stake in Super de Boer
An agreement with ING has given grocer Casino a call option on the bank’s stake in Dutch grocer Super de Boer.
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News
Midcounties Co-op bucks trend with profits boost
The Midcounties Co-operative has bucked the economic downturn to report a 35 per cent uplift in full-year profits to £16.2m.
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News
Magnit profits double
Budget food retailer Magnit has reported that profits doubled last year.Sales at Magnit, which operates discounters and hypermarkets in the south and northeast of Russia, rocketed more than 40 per cent to $5.3bn (£3.79bn) from $3.7bn (£2.5bn). Magnit forecast that sales would increase 35 per cent this year.Chief executive Sergei ...
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AnalysisEvery little helps the nation’s favourite
Knocking Tesco can seem like a national sport but it remains top of shoppers’ lists. Charlotte Hardie considers why the UK’s biggest grocer continues to be Britain’s favourite retail brand
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OpinionHunger for food stocks sated
General retailers’ popularity has been growing of late. At the end of last week some big names rose again, at the expense of the food giants.Although food stocks are often popular for their defensive qualities during tough times, the big grocers were not the flavour of the week. Last Friday ...
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AnalysisWhat are you doing on Twitter?
The micro-blogging website is this year’s internet phenomenon, so can Twitter form part of a serious marketing and customer insight strategy for retailers? Joanna Perry investigates
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News
Rising cost of food drives shop price inflation
Shop price inflation edged up to two per cent in March from 1.9 per cent in February – the fourth consecutive month of rising inflation.The weakness of the pound was blamed for pushing up food costs but key general merchandise lines, such as clothing, were cheaper than a year ago.Food ...
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NewsSymbol store group Henderson reports profits rise
Henderson Group, which owns and runs 72 symbol stores including Spar and Eurospar in Northern Ireland and supplies 400 shops, has revealed a “strong performance” in 2008 and expansion plans for this year.The company did not disclose exact figures, but said that operating profit rose 10.7 per cent and turnover ...
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NewsAsda rolls back prices for Easter
Asda is to roll back prices this week as it gears up for a supermarket price war over the key Easter trading period.The grocer has slashed prices as part of its commitment to cut 12,500 prices by Easter. Product include fresh fish, meat, frozen desserts, soft drinks, alcohol, DVDs, George ...
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NewsAsda to build its largest store in Northern Ireland
Supermarket retailer Asda has been given the nod to build what will be its largest store in Northern Ireland after nearly three years of awaiting a planning decision.Asda will now develop the 54,000 sq ft store at a cost of £25m at outlet centre Junction One in Antrim.The decision to ...
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NewsHalf of Brits fear losing their jobs, according to Asda survey
Half the population fear losing their jobs during the next six months and two thirds would be prepared to take a pay cut or a reduction in hours to avoid being made redundant, according to an Asda survey.The survey of 1,000 people also found that half expect their pay to ...
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NewsTesco to create 800 jobs at Middlesbrough distribution centre
Tesco will create more than 800 jobs when it opens a distribution centre in Middlesbrough in August. The £130m Teesport Distribution Centre is the retailer’s first purpose-built import storage facility. It will replace its existing non-food distribution centre in Coventry. The 910,000 sq ft Teesport centre means that goods can ...
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NewsWoolworths offers online Easter egg competition for customers
Woolworths has launched a virtual Easter egg hunt online for its customers who are unable to buy their traditional Easter eggs from the collapsed chain.Woolworths, which will be relaunched this summer as an online shop by Shop Direct Group, this week launched a competition on a specially launched site, Woolieswonderland.co.ukCustomers ...
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News
Half of Brits fear losing their jobs, according to Asda survey
Half the population fear losing their jobs during the next six months and two thirds would be prepared to take a pay cut or a reduction in hours to avoid being made redundant, according to an Asda survey.The survey of 1,000 people also found that half expect their pay to ...
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NewsAldi sales jump 16.8 per cent
Discount grocer Aldi has recorded a 16.8 per cent sales uplift in the first two months of the year.
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NewsJohn Lewis department stores report ‘strongest week’
John Lewis department stores delivered their strongest performance of the first half so far in the week to March 28, when sales fell 2 per cent.
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News
Ocado targets £3bn business as sales soar
Grocery e-tailer posts market-defying sales as it tackles pricing and range
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News
Tesco gears up for in-store banking
Tesco is to install private consul-tation rooms in its banks as it prepares to open 30 branches in stores by the end of this year.The grocer will have representatives at its banks to talk customers through finance offers. A spokeswoman said the consultation rooms will “give customers privacy” as they ...
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Opinion
The end justifies the means in Rose’s case
His style may be Savile Row but Marks & Spencer boss Sir Stuart Rose this week once again showed himself to be a scrapper. The retailer’s fourth-quarter update confounded bearish expectations as a raft of initiatives bore fruit. Like-for-like declines won’t have them dancing in the foyer of Waterside House ...
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NewsRetailers unconvinced rate deferral is enough
Darling’s 11th-hour move only grants temporary relief, top retailers argue