All Grocery articles – Page 709
-
News
Fresh & Easy stores open in the US
Tesco opened six of its much anticipated Fresh & Easy stores in Southern California today, with plans to open in Phoenix, Arizona and Las Vegas before the end of the year.
-
News
Door slammed on Sainsbury's takeover
Sainsbury’s has formally confirmed that any talks regarding a possible takeover by Delta Two have ended – the deadline for an offer was today.
-
News
Shareholders back Coles takeover
Shareholders at Australian retail giant Coles Group have voted in favour of a US$16.6 billion ( 7.89 billion) takeover by rival Wesfarmers. More than 99 per cent voted in favour.
-
News
Tchenguiz reaffirms commitment to Sainsbury's
Property tycoon Robert Tchenguiz has dismissed speculation that he could sell his 10 per cent stake in Sainsbury’s, despite suffering sizeable losses following the collapse of Delta Two’s bid for the grocer on Monday.
-
News
Marks & Spencer weathers first half
Marks & Spencer has reported an increase in pre-tax profit of 11.5 per cent for its first half, the 26 weeks to September 29 and revealed further details of its international expansion plans.
-
News
Sainsbury's market value dives after bid collapse
Sainsbury’s market value plummeted by more than 2 billion yesterday following the collapse of the Delta Two bid for the supermarket.
-
News
Delta Two abandons Sainsbury's bid
Qatari investment vehicle Delta Two has abandoned its bid to acquire Sainsbury’s, leading to a sharp fall in the grocer’s share price in early trading this morning.
-
News
Grocery inquiry keeps City busy as Sainsbury’s takeover teeters
Food groups and general retailers were at the heart of City action during a week driven by the Competition Commission’s early findings on the grocery market, takeover tensions and bid speculation.
-
News
Relief as competition probe clears grocers
The big four supermarkets breathed a sigh of relief after the Competition Commission failed to land any bruising punches in its provisional findings into the 120 billion grocery sector.
-
Opinion
Grocery inquiry is food for thought for big four
A day after the dust has settled on the Competition Commission’s provisional findings report, retail executives at the big four supermarkets have a lot to think about.
-
News
Flat half-term sales at John Lewis
Sales at John Lewis were flat in the week to November 2, rising just a fraction by 0.3 per cent to 57.7 million.
-
News
Indian government mulls grocery launch
The Indian government is considering the launch of a nationwide grocery chain, as India’s independent retailers oppose the advent of organised retail by both Indian conglomerates and foreign retailers.
-
News
Delhaize chief says merger with Ahold has potential
The chief executive of Belgian supermarket group Delhaize has said he would consider a merger with Dutch grocery giant Ahold.
-
Opinion
Big four are the winners of grocery inquiry
“Be careful what you wish for,” the saying goes, and that must be how the wearisome hordes who rail against supermarkets felt after the Competition Commission’s eagerly awaited inquiry into the grocery market was published this week.
-
Opinion
Delta stumbles at the last hurdle
Hope may have been allowed to triumph over experience in the long-running bid for Sainsbury’s by Qatari-backed Delta Two.
-
News
Sainsbury’s hires buying director for clothes as it steps up non-food drive
Sainsbury’s has promoted a long-serving consultant to the strategically important role of buying and merchandising director for clothing as it seeks to push its non-food sales.
-
News
Tesco electricals boss becomes latest to leave
Tesco’s electricals chief is the latest senior executive to head for the exit, following a string of departures this month.
-
News
Reliance to spin off Fresh chain as it chases alliances
Indian giant Reliance Retail is understood to intend to hive off its grocery fascia Reliance Fresh as it focuses on joint ventures to drive growth.
-
News
Asda demands inquiry-free decade for grocery sector
Longworth urges commission to lay off sector as early findings loom