All Supermarkets articles – Page 166
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NewsAsda boss insists low prices will drive loyalty as like-for-likes rise 1.3%
Asda has ploughed money into its digital operations while throwing its weight behind a sustained low-price strategy amid a grocery market awash with promotions.
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OpinionComment: Grocer Morrisons needs to keep pace with competition
A minus sign in front of a retailer’s like-for-like sales figures does not prompt investors to fill their shopping trolleys with stock.
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News
Casino opens Franprix supermarket
Casino has opened a Franprix supermarket in a motorway service station, adjacent to an Esso petrol station. The store is on the A11 motorway in northern Chartres, southwest of Paris.The retailer is increasingly targeting the travel retail market with fascias such as Petit Casino, Vival and Monoprix opening in similar ...
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NewsOcado’s pay plans approved despite shareholder opposition
Ocado’s remuneration plan was approved by shareholders today but almost a quarter rejected the proposals.
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NewsIceland’s Libya success sparks Middle East push
Frozen food retailer Iceland is to kick-start an international push in the Middle East after gaining a throng of customers in war-torn Libya.
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NewsMidcounties annual profits rise as like-for-likes edged up 1%
The Midcounties Co-operative has reported a £1.3m increase in group operating profits to £19m in the year to January 29.
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NewsMorrisons in talks with Tesco over validity of Price Promise claims
Morrisons is in discussions with Tesco over comparisons made in its Price Promise promotion after claiming a third of the comparisons made are unfair.
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OpinionComment: The Morrisons message has been drowned out by rivals
Morrisons reported yet another declining quarter of like-for-like sales this morning, its fifth back-to-back decline excluding fuel and is continuing to lose customers to rivals.
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NewsMajor grocers sign up to waste reduction targets
The major grocers have today signed up to new food waste reduction targets including a commitment to reduce household food waste by 5% by 2015.
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AnalysisMorrisons first quarter: What the analysts say
Morrisons today reported a 1.8% fall in first quarter like-for-likes but remained tight-lipped on a potential tie up with Ocado, Retail Week summarises the City’s reaction to the update.
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News
Coles group calls for investigation into wholesale pricing
Coles Group and Woolworths are unhappy with charges from multinational FMCG companies. The retailers claim Australian grocers are charged more than their international peers for the same products.Coles has called for an independent investigation into wholesale pricing stating that higher prices - supposedly justified by shipping distance, higher costs and ...
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NewsSainsbury’s records strongest growth of big four grocers
Sainsbury’s has recorded the strongest growth of the big four retailers, the latest monthly by market research firm Nielsen data has revealed.
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AnalysisSainsbury's: Chairman David Tyler on Justin King's future at the grocer
Sainsbury’s chief executive Justin King and chairman David Tyler today brushed off speculation about King’s future at the grocer amid rumours that the company has hired headhunters to search for his replacement.
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NewsSainsbury's invests in digital initiatives as it drives omnichannel strategy
Sainsbury’s is to step up its investment in digital initiatives as it seeks to position the business for an omnichannel future.
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AnalysisTimeline: Morrisons and Ocado’s histories in parallel
As Morrisons and Ocado agree a 25-year partnership to aid Morrisons’ launch of online grocery next year, Retail Week looks at the development of the companies since Ocado entered the competitive UK grocery market.
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AnalysisAnalysis: What does Sainsbury’s banking acquisition mean for the retailer?
Sainsbury’s today reported it is to acquire the 50% of its shareholding in Sainsbury’s Bank it did not own from Lloyds Banking Group for £248m. Retail Week looks at the implications.
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NewsTesco trials new model driven by shopper buying power
Tesco is trialing an innovative consumer buying model which will allow its shoppers to use social media to bring down the price of products.
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OpinionComment: Boss Justin King rules over Sainsbury’s success
In posting a 6.2% rise in underlying pre-tax year-end profits, Sainsbury’s deflected some attention away from the rumours surrounding Justin King’s eventual departure.
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OpinionNick Bubb's Verdict: Sainsbury's - fresh food rather than fresh messages?
With no new news on trading/strategy to impart today with the final results and with the whole world obsessed with speculation that Justin King will soon leave, what would your PR advice have been to Sainsbury’s?
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AnalysisSainsbury's full year results: What the analysts say
Sainsbury’s has today reported a 1.4% fall in pre-tax profit to £788m for the year to March 16 while like-for-likes including VAT and excluding petrol were up 1.8%. Retail Week takes a look at the City reaction.