All Supermarkets articles – Page 207
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News
Grocer Delhaize reports operating profit dip
Grocer Delhaize reported sales up 5.9% to E5.5bn (£4.48bn) for the first quarter of 2012 but underlying operating profit dropped 16.9% to E189m (£153.8m).In the US, sales were down 1.2% to $4.6bn (£2.84bn), corresponding to a dip of 0.6% in like-for-likes.At the end of March, Delhaize operated 1,541 shops in ...
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NewsKing: Sainsbury's has the edge in the grocery market
Sainsbury’s boss insists the retailer is leading the way on quality and service.
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OpinionHMV's fortunes are looking up
Entertainment group HMV’s shares were top of the pops last week as it flagged a likely return to profitability this financial year.
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OpinionGrocery adjudicator will lead to conflict not conciliation
In the form of the Groceries Code Adjudicator, the government has conjured up another way to heap needless pressure on the already embattled food retail sector.
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AnalysisAnalysis: Brand Match has helped, but where next for Sainsbury's?
Sainsbury’s flagged the success of Brand Match, the coupon at till initiative it rolled out in November, as an important contributor to its success as it unveiled full-year figures.
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AnalysisSainsbury's: What the analysts say
The City welcomed another strong performance from Sainsbury’s against a tough economic background.
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NewsSainsbury's profits rise as it takes record market share
Sainsbury’s has claimed its biggest grocery market share in nearly 10 years and posted a rise in full-year profits.
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News
X5 Retail Group appointed new format director
Grocer X5 Retail Group has appointed Frank Michael Mros as format director of discounter Pyaterochka. Mros has over 18 years of retail experience in Europe, previously serving as managing director of Schwarz Group-owned Lidl in Germany. He also led Lidl’s entry into Eastern Europe and was managing director of Lidl ...
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News
Grocer Casino sells real estate stake
Grocer Casino has sold 9.8% of its stake in its real estate subsidiary Mercialys via an equity swap with French bank Crédit Agricole, generating E138m (£112.1m).It followed Casino’s disclosure in early February of its plans for Mercialys, in which the retailer would decrease its holding in the property company in ...
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News
First-quarter sales increase for Publix
Grocer Publix’s first-quarter sales rose 4.2% to $7.1bn (£4.4bn), up from last year’s $6.8bn (£4.2bn). Like-for-like sales increased 3.3% while net earnings climbed 2.8% to $409.4m (£253m) compared with $398.2m (£246.2m) in the same period in 2011.Publix currently operates 1,051 stores in Florida, Georgia, South Carolina, Alabama and Tennessee.
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AnalysisAnalysis: What will an adjudicator mean for grocers?
The Queen is expected to announce that there will be a Groceries Supply Code Adjudicator in her speech to the House of Lords on Wednesday, a move which will be watched closely across the food industry.
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NewsGrocery adjudicator draws closer
The Government is expected to table plans for a grocery adjudicator in the Queen’s Speech on Wednesday.
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OpinionTesco Value makes way for Tesco Everyday Value
So, Tesco Value, the iconic economy private-label launched in 1993, will soon be no more.
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OpinionLondon 2012 Olympics: Which supermarket will benefit most?
Now that the official 100 day countdown until the London 2012 Olympics is well and truly underway, Steve Smith explores which supermarket is likely to benefit most from London 2012.
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News
Target remodels 90 stores to include fresh food
Target has begun remodelling 90 stores across the US and aims to complete the programmed by the end of June.The remodels are the second of three phases this year, which include the addition of fresh food to its general merchandise stores.Almost 1,000 Target stores offer an expanded food layout at ...
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News
Grocer Edeka posts sales growth rise
Grocer Edeka posted 4.7% sales growth to E45.6bn (£37.1bn) in 2011. The retailer’s 4,500 independent shopkeepers reported sales of E20bn (£16.3bn), up 8.8%. Its discount store fascia Netto’s turnover increased 3.3% to E10.7bn (£8.71bn).Edeka opened 244 new Netto stores to reach a total of 4,100. It also opened 190 stores ...
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News
Safeway reports net income increase
Grocer Safeway reported net income for the first quarter ended March 24 increase to $81.6m (£50.2m) compared with $25.1m (£15.4m) in the same period last year.Total sales rose 2.4% to $10bn (£6.1bn), while like-for-like sales excluding fuel remained flat.Chairman and chief executive Steve Burd said: “Strong cost controls helped us ...
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NewsAsda considers Walmart ‘pay with cash’ initiative
Asda is mulling implementing a version of its parent Walmart’s ‘pay with cash’ initiative, which allows customers to order online and pay using cash in store.
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NewsHMV and Asda best-placed to take Game’s market share
HMV and Asda are best-placed to scoop up market share following Game store closures in a competitive entertainment market.
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AnalysisWalmart launches ‘pay with cash’ online option
Walmart is to launch a ‘pay with cash’ option for online shoppers.