All Grocery articles – Page 680
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Opinion
The Retail Week – July 4, 2008
The magic has well and truly evaporated from the retail Camelot created at Marks & Spencer by Sir Stuart Rose.
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News
John Lewis sales slide 8%
John Lewis has posted an 8.3 per cent fall in sales at its eponymous department store business for the week to June 28.
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News
Iceland eyes Somerfield shops to drive growth as profit flies
Iceland has confirmed it wants to snap up as many as 30 Somerfield stores to further its expansion as it revealed a 4.5 per cent increase in profits.
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News
Carrefour profits set to be lower than forecasts
French retail giant Carrefour has warned that operating profits for this year will not meet original expectations.
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Opinion
This is not just the market…
He may have been the coldest fish to have occupied a senior role in retail in recent memory, but it’s hard not to feel a degree of sympathy for Steven Esom over his spectacular fall from grace.
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News
Rose may be forced to step down
Marks & Spencer chief executive Sir Stuart Rose may be forced to step down or resign after yesterday’s shock profit warning wiped 1.2 billion off the value of the retailer.
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News
Esom out as M&S issues profit warning
M&S has this morning issued a shock profit warning as it announced that its director of food Steve Esom has left the business.
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News
Tesco to withdraw from Zimbabwe
Tesco is to stop sourcing products from Zimbabwe after the re-election of President Robert Mugabe.
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News
Tesco challenges Competition Commission
Tesco today launched a legal challenge to one of the remedies recommended by the Competition Commission’s two-year long probe into the grocer sector.
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News
Baugur considers move to UK
Icelandic investor Baugur is considering whether it could relocate to the UK after the conviction for bookkeeping offences of executive chairman J n sgeir J hannesson.
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Analysis
Roll with it
Paper, energy, landfill and even water savings are being made at Sainsbury’s as it rolls out double-sided till receipt printers, finds Joanna Perry
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Opinion
Don’t discount the discounters
Michael and Vicky are a couple in their early 30s. They have one child, both have secure, professional jobs, are comfortably off and own their own home in a nice south London suburb. They live five minutes from one of Sainsbury’s flagship stores. But they choose to drive past it ...
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Opinion
Retailers can’t afford not to go green
PricewaterhouseCoopers’ latest report, Sustainability: are consumers buying it?, highlights consumers’ increasing concerns about sustainability and their willingness not only to buy into the notion, but to change their behaviour.
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News
Tengelmann to switch focus to fresh in move upmarket
Supermarket chain Tengelmann is to revamp its 700 German stores to focus on fresh produce.
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News
Sainsbury's counts the cost of web crash
Sainsbury’s was back up and running this week, but the supermarket has remained tight-lipped over the “technical glitch” that forced it to suspend its grocery shopping site.
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News
Grocers’ shares tumble as shoppers embrace discounters
TNS data showing rapid market share growth by hard discounters contributed to a fall in the share prices of quoted grocers. Meanwhile, general stores slipped still further as trading difficulties – real and imagined – undermined sentiment.
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News
Obama tackles Leahy over union row
US Democratic presidential candidate Barack Obama has this week written to Tesco chief executive Sir Terry Leahy ahead of the grocer’s AGM today, urging him to start discussions with the United Food and Commercial Workers Union (UFCW).
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News
John Lewis sales down, but Waitrose robust
John Lewis Partnership posted a group sales rise of 2.7 per cent in the week to June 21. Revenues at the eponymous department stores fell 1.2 per cent, but grocery chain Waitrose reported a 5.2 per cent rise.
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News
Tesco prepares for AGM showdown
Top retailer Tesco’s fears that its AGM will be turned into a “circus” look likely to become a reality as a raft of campaigners attempt to hijack the agenda.