All Grocery articles – Page 85
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NewsCo-op profits plunge as supply chain disruption takes toll
The Co-operative Group has reported a steep fall in annual profits after its performance was hit by “food supply chain disruption during system transformation”.
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AnalysisDeep dive: How the cost-of-living crisis will hit retailers and their customers
Retail Week explores the impact of the current world crisis on each customer and business and asks what, if anything, can be done.
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NewsPaul Polman: Retailers that fail on climate change are ‘heading to the graveyard’
Former Unilever boss Paul Polman has urged retailers to escape “the rat race of quarterly reporting” in order to drive longer-term change on sustainability.
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Opinion‘After Morrisons’ gloomy update, Tesco will set tone for all of retail next week’
A downbeat trading update from grocer Morrisons raised questions over prospects for other grocers and the retail industry more widely.
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NewsMorrisons’ new owner to sell £500m of grocer’s property portfolio
Morrisons’ new owner Clayton Dubilier & Rice (CD&R) has given the green light to sell off a chunk of the supermarket’s property portfolio.
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OpinionLuke Jensen: ‘It’s time to change the 20th-century grocery model’
A radical rethink of the grocery value chain and long-term investment in labour productivity growth are essential. Tinkering at the margin won’t be enough, argues Ocado Solutions chief executive Luke Jensen.
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NewsExclusive: Sainsbury’s axes 300 roles as it steps up ‘save to invest’ programme
Sainsbury’s is axing hundreds of jobs across three store support centres as it ramps up its cost-cutting drive, Retail Week has learned.
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Opinion‘The Co-op’s leadership jigsaw is still missing major pieces’
The Co-op has sparked shock and confusion over the past six weeks after a series of changes to its senior leadership team. Editor Luke Tugby asks whether there is more than meets the eye to a tumultuous time in Manchester
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NewsExclusive: Co-op names ‘co-managing directors’ to cover Jo Whitfield absence
The Co-op is poised to promote two senior executives to ‘co-managing directors’ of its food business to cover boss Jo Whitfield’s career break.
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OpinionThe big debate: Is Iceland right to roll back on its palm oil promise?
As the price of sunflower oil soared following Russia’s invasion of Ukraine, Iceland has reverted to the use of palm oil in some of its products – something the retailer has been resolutely against since 2018. Retail Week’s Rosie Shepard and George MacDonald debate whether that was the right decision.
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DataCost of living shapes grocery shopping habits as sales fall
The soaring cost of living is increasingly affecting food shoppers’ spending habits as punishing inflation replaces the pandemic at the front of consumers’ minds.
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NewsIceland brings back palm oil as Ukraine war sends food prices higher
Frozen food specialist Iceland is reluctantly using palm oil again in some own-brand products as the Ukraine war has sent the price of the alternative, sunflower oil, rocketing.
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NewsAsda sales and profits rise as Covid-19 costs unwind
Asda has posted a jump in profits in its first year under the Issa brothers’ ownership as one-off costs related to the coronavirus crisis abated.
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NewsRetailers urged to tackle ‘terrible issue’ of harassment through new certification
The Retail Trust and law firm Foot Anstey have joined forces to create safer working conditions for shopfloor staff.
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NewsSainsbury’s investors back call for grocer to pay ‘real living wage’
Sainsbury’s will hold a shareholder vote at its upcoming AGM on pay for all its entry-level staff amid growing support from investors for the grocer to pay the ‘real living wage’ across the UK.
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Analysis9 CX disruptors – meet the retailers and brands redefining experience
A new generation of ingenious businesses are wowing customers like never before with lessons for established retailers, Retail Week’s latest report finds.
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VideoRetail Question Time: Mike Coupe and Maria Hollins on navigating unprecedented times
The cost-of-living crunch, spiralling business costs and Russia’s invasion of Ukraine have created uncertainty and a scale of challenge never experienced by retailers in living memory.
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NewsCo-op chief executive Steve Murrells to step down in May
The Co-op chief executive Steve Murrells is stepping down after 10 years with the business.
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NewsRetail sales rise in February but online share falls back
Retail sales rose year on year in February but online continued on a downward trend as pandemic conditions eased, official data has shown.
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NewsAsda launches new budget range and extends loyalty programme to more stores
Asda has launched a new Just Essentials budget range and extended its loyalty programme to more stores as it seeks to support customers through the cost of living crisis.