All Grocery articles – Page 702
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News
Morrisons’ Christmas ahead of the pack
Morrisons trounced its supermarket competitors to report a bumper Christmas, when like-for-like sales advanced 9.5 per cent in the six weeks to January 6.
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Opinion
Somerfield bid will likely break it up
One of retail’s worst kept secrets was made official this week, when the private equity owners of Somerfield and investment bank Citi revealed that the grocery chain was being touted around the supermarket industry.
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News
Metro sells Extra chain
German retail and wholesale giant Metro Group has sold its Extra supermarket chain to Rewe Group for an undisclosed sum.
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Analysis
Tesco leapfrogs Metro in global retail power list
Tesco has overtaken German retail giant Metro to be ranked the world’s fourth-biggest retailer in Deloitte’s annual Global Powers of Retail survey.
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News
Woolies is shining light as Tesco and M&S updates add to gloom
Woolworths managed to lighten the gloom with the news that its retail arm will return to profit this year, but the sector was still down following lacklustre updates from Marks & Spencer and Tesco.
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News
Tesco shares oversold, analysts claim
Tesco’s shares plunged as the retailer became the latest big name for analysts to brand oversold after a disappointing Christmas.
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News
Abel & Cole sets out roadmap for stores
Organic online grocer Abel & Cole plans to open its first stores this year, following Phoenix Equity Partners taking a stake in the business late last year.
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News
Somerfield posts strong Christmas sales
Convenience grocer Somerfield delivered barnstorming Christmas trading figures as it emerged that two of the big four food retailers are interested in bidding for the business.
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News
Somerfield up for auction
Citigroup has been appointed to sell convenience store chain Somerfield.
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News
Thorntons festive sales climb
Thorntons has reported strong festive sales, driven by robust performances at all its divisions.
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News
Tesco to create sourcing standard across business
Tesco is investing in systems to monitor product safety and ethical sourcing practices as well as support its sourcing operation.
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News
Sainsbury's buys Curley’s in Northern Ireland
Sainsbury’s has bought two supermarkets from independent, Northern Ireland family retail business Curley’s in a multimillion-pound deal.
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News
Booths sales excel at Christmas
Sales at upscale regional supermarket operator Booths climbed 7.6 per cent in the four-week period to January 5.
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News
December price inflation sticks at 2.1 per cent
The annual rate of inflation remained at 2.1 per cent in December, level with that of November, according to the Consumer Prices Index (CPI).
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News
Rising food prices threaten interest rate cut
Food prices are rising at their fastest rate since records began, which could restrict the Bank of England’s scope for cutting interest rates.
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News
Tesco growth slows over Christmas
Tesco has felt the effects of customers tightening their belts as it reported slower like-for-like UK sales growth over Christmas.
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News
Wal-Mart to take on Fresh & Easy with small format
Wal-Mart is to pilot a small-format store in Arizona to challenge Tesco's Fresh & Easy chain, which is being rolled out across the US.
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News
Aldi Christmas trading solid, capping strong year
Discounter Aldi has reported “satisfactory” trading over the Christmas period, closing a year in which its sales rose 12.1 per cent.
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Opinion
Analysts will feast over Tesco’s non-food figures
After Sainsbury’s calmed retail investors’ nerves with better-than-expected like-for-like sales yesterday, Tesco should provide further evidence next week of a strong Christmas for UK grocers.