All Grocery articles – Page 694
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News
Tesco reveals £170 million of price cuts
Tesco has unveiled price cuts worth 170 million and claimed that this takes its total cost reductions to nearly 600 million since January.
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M&S investors slam Rose's promotion
Marks & Spencer investors have hit out against the retailer’s announcement yesterday to elevate Sir Stuart Rose to executive chairman, which some claim is in clear defiance of the UK’s corporate governance code.
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Asda mulls sale of its property development business
Wal-Mart has appointed UBS to explore a number of strategic options, including the possible sale of the Gazeley Group, Asda’s property development group.
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Musgrave poaches Home Retail exec to be FD
Musgrave has hired a Home Retail Group executive as finance director.
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House of Fraser opens High Wycombe store
House of Fraser will open its second store in a week on Thursday (March 13).
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Sainsbury’s poaches Next homewares manager to ramp up non-food
Sainsbury’s has hired a senior manager from fashion retailer Next as part of the expansion of its 2 billion non-food business this year.
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Sir Ken Morrison to be honoured upon retirement
Morrison’s board is planning to honour its chairman Sir Ken Morrison when he retires from the retailer on Thursday after 56 years.
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Ocado launches price war against Tesco
Ocado has declared a price war against supermarket giant Tesco, vowing to match the grocer’s prices on 3,500 branded products.
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OpinionPrice has big plans for Waitrose
Waitrose managing director Mark Price was in London yesterday for parent John Lewis Partnership’s results.
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Waitrose to make wine in the UK
Waitrose has unveiled plans to plant vines in England to help satisfy the growing demand for UK wine.
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Asda sales strengthen in February
Grocery group Asda’s sales beat internal projections last month, helped by its low-price positioning and seasonal promotions, parent Wal-Mart disclosed.
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Carrefour boardroom powershift clouds recovery
Big changes are on the cards at French retail giant Carrefour, which today posted a rise in sales and profits.
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Carrefour’s Halley family halves its shareholder voting rights
Boardroom upheavals at Carrefour took an unexpected turn last night after the Halley family decided to cede its position as leading shareholder at the world’s second largest retailer.
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AnalysisRegional retailers: Local heroes
Regional retailers may not be able to compete with the national heavyweights on size, but they have plenty else going for them. Katie Kilgallen takes a look at some of the most successful
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Aldi plans to open first eco store in Shropshire
Discounter Aldi is to open its first eco-store at Ludlow in Shropshire this year.
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Japan’s Aeon to focus on international growth
Japanese retail giant Aeon has announced plans to quadruple its annual investment in international operations while cutting back on domestic growth.
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Moss Bros shares spike as offer from Baugur fuels investor fight
Menswear retailer Moss Bros was the week’s biggest riser as a bad-tempered battle for control raged. Members of the founding families, the board and associates of potential buyer Baugur all laid into each other, which can hardly be helping store performance.
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Waitrose mulls assault on convenience
Waitrose is considering launching a convenience store format that would pit the grocer against Sainsbury’s, Marks & Spencer and Tesco.
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Sainsbury’s to bolster Fairtrade cotton offer
Sainsbury’s is to double the volume of Fairtrade cotton clothing it sells and increase its range as demand for ethical goods goes through the roof.
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Raise a glass to a Majestic chief
When Tim How became chief executive of Majestic Wine the Cold War was not quite over and Mrs Thatcher was still Prime Minister.