All Grocery articles – Page 82
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NewsM&S ‘fundamentally changed’ as full-year profits climb and sales rise
Marks & Spencer has recorded a strong uplift in full-year profits bolstered by sales increases across both clothing and food, as outgoing chief executive Steve Rowe says the business has “the opportunity for substantial further growth”.
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NewsWorld ‘on the brink of food crisis’ warns IMF boss
The ongoing war in Ukraine and the unprecedented supply disruption has brought the world economy to the brink of a food crisis, warned the International Monetary Fund boss on the first day of the Economic Forum in Davos.
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Opinion‘Walmart woes spook investors, but now’s not the time to run a business for the share price’
The challenges flagged by Walmart, and its responses to them, likely give a taste of things to come for the US giant’s counterparts on this side of the pond.
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Opinion‘Make no mistake – quick commerce is not going anywhere’
Even before the pandemic, grocery shopping was ripe for disruption and q-commerce is here to stay, argues Edge by Ascential’s Xian Wang
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NewsRetail sales decline as stretched shoppers rein in non-food spending
In April, retail sales registered a substantial decline in the volume of products bought year-on-year.
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NewsJohn Lewis Partnership drafts in new people boss from Post Office
John Lewis Partnership has appointed Lisa Cherry as executive director for people.
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NewsOnline sales tax will ‘damage shops and high streets’, Marks & Spencer warns
Marks & Spencer has written to chancellor Rishi Sunak setting out its opposition to an online sales tax.
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AnalysisIn pictures: Platinum jubilee – a look back at 70 years of seismic change in retail
As the nation celebrates the Queen’s platinum jubilee, we take a look at how retail has been transformed during her reign, from the rise of self-service to the emergence of consumer culture.
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NewsMorrisons rescue deal for McColl’s cost £182m
Morrisons shelled out the equivalent of £182m to rescue the collapsed convenience chain McColl’s, administrators’ documents have revealed.
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NewsWalmart margins hit as inflationary pressures bite across the pond
Walmart has recorded an uptick in revenues but said its bottom line has been hit by inflation in food and fuel.
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NewsM&S chair Norman warns on food prices and Ireland Brexit red tape
Marks & Spencer chair Archie Norman has signalled the likelihood of higher food prices later this year and lambasted “pointless” rules affecting business in Ireland following Brexit.
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NewsBank chief warns of ‘apocalyptic’ food price rise prospects
Bank of England governor Andrew Bailey has flagged the potential for “apocalyptic” food price rises fuelled by factors such as Russia’s invasion of Ukraine.
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GalleryStore gallery: McDonald’s unveils first ‘convenience of the future’ branches
McDonald’s has opened new stores in London and the North West offering 11 different ways to order.
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NewsGreggs sales rise with travel back on the menu
Greggs has said that transport locations have recovered most as it continues to see sales rise.
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OpinionAlessandra Bellini: ‘Now more than ever, we must make healthy food accessible to all’
The cost-of-living crisis may be dominating headlines, but making products healthier and more sustainable is just as important, says Alessandra Bellini, chief customer officer at Tesco.
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NewsTesco to rent out office space in stores as working habits shift
Tesco has struck a deal with office rental company IWG to create workspaces in shops as hybrid working persists.
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NewsDiscount supermarket Motatos to launch in the UK this summer
Swedish online discounter Motatos is set to launch in the UK in June.
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Opinion‘Food insecurity is a reality for many, and the fear is it will only get worse’
Mitigating higher costs for consumers while ensuring food supply chains remain sustainable is a fine balance, says Co-op Food co-managing director Matt Hood.
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NewsTesco chair calls for action after lack of help to ease inflation in Queen’s speech
Despite promising to ease the cost of living crisis, no new measures were introduced in the Queen’s speech, after Tesco chair John Allan called for a windfall tax to ease rampant inflation.
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Opinion‘As CD&R rescues McColl’s, it’s time to change the narrative on private equity’
After a wretched few days, today finally brought some much-needed certainty for McColl’s 16,000 employees and the 2,000 members of its two pension schemes.