All Supermarkets articles – Page 217
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News
Carrefour’s global brand director departs
Carrefour’s global brand director Laurent Blum has left the retailer. Before his appointment by chief executive Lars Olofsson at the end of 2009, Blum was vice-president of Nestlé Waters France, responsible for marketing and sales. Blum will reportedly not be replaced, and his duties will be reassigned between the internal ...
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News
Ahold reports net sales growth
Grocery retailer Ahold has reported consolidated net sales of E30.3bn (£25.35bn) for 2011 – a 2.5% increase compared with the previous year and a 5.5% rise at constant exchange rates. An Ahold spokesperson said: “We continue to be well positioned in challenging market conditions.” In the US, sales improved 6.6% ...
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News
X5 Retail Group reports net retail sales increase
X5 Retail Group has reported a 32% increase consolidated net retail sales of RUB452.5bn (£9.3bn) for 2011. Like-for-like sales rose 6%, with a 1% drop in customer traffic and a 7% increase in average basket. However, like-for-like sales growth at Pyaterochka more than halved to 5% compared with last year ...
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NewsMore shoppers head for mobiles to do Christmas shopping
Mobiles searches accounted for one in five online retail searches in the fourth quarter, with the number of searches on smartphones and ipads 169% up on last year.
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NewsAsda to invest £500m in stores and supply chain
Asda will invest £500m this year in new stores and its supply chain.
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OpinionVertical expansion increases margins
Michael Poynor is managing director of Retail Expertise where he consults with retailers on operational, strategic and financial projects.
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NewsRetailers enjoy December sales rise
Retailers enjoyed a strong Christmas as sales rose 6.2% by value in December, according to figures from the Office for National Statistics.
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News
Kroger launches fully-automated convenience store
Grocery retailer Kroger has launched a fully-automated convenience store on the campus of Ohio Northern University in Ada. The 9-ft tall unit, provided by Shop24 Global, offers about 200 standard convenience products such as drinks, snacks, refrigerated meals, cleaning supplies and over-the-counter medicines. The machine’s stocking and dispensing system can ...
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News
Grupo Pão de Açúcar reports net sales increase
Casino-owned Grupo Pão de Açúcar has reported a 21.2% increase in net sales to BRL13.4bn (£4.9bn) for the fourth quarter.Total sales for 2011 jumped 45.2% to BRL46.6bn (£17.1bn). Despite weaker demand amid the economic slowdown, like-for-like gross sales at the grocery retailer’s food division rose 8.7%, the highest quarterly growth ...
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AnalysisHow to win spend and inspire people
Customers might think they don’t want to spend, but they may just need some gentle persuasion. Rebecca Thomson finds out how to get people shopping when they think they don’t want to.
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AnalysisEtail has left the future of hypermarkets in doubt
The 1960s were a momentous decade for retail.
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OpinionTesco has tripped up but it will fight back
George MacDonald has written for Retail Week for more than 10 years, covering various sectors. He is a frequent TV and radio commentator on retail trends and issues.
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Analysis‘We are not going to be an also-ran’ says Tesco chief
After Tesco’s worst Christmas for two decades, chief executive Philip Clarke reveals how he plans to get the grocer back on track. Alex Lawson reports.
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NewsBuffett ups stake in Tesco
Billionaire investor Warren Buffett has increased its shareholding in Tesco.
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OpinionRetailers hold firm as Tesco tailspins
George MacDonald has written for Retail Week for more than 10 years, covering various sectors. He is a frequent TV and radio commentator on retail trends and issues.
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News
Rewe Group to acquire Citistore chain
Rewe Group’s supermarket division Billa in Russia is to acquire the Citistore chain operating 17 retail stores in Moscow.Citistore, formerly known as Migros Turk’s Ramstore, consists of seven owned and 10 long-term leased stores with a total sales area of 215,000 sq ft. Billa has opened just 72 stores since ...
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News
Magnit reports revenue increase
Grocery retailer Magnit has reported that preliminary consolidated, unaudited net retail revenue increased 42.1% to RUB335.6bn (£6.9bn). The retailer reported strong like-for-like sales growth of 11.1% together with increases of 9.7% in basket and 1.3% in traffic. Supermarkets and neighbourhood stores outperformed hypermarkets with like-for-like growth of 11.6% and 6.7% ...
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NewsAsda boss calls for planning freedom
Asda chief executive Andy Clarke has called on government to simplify planning legislation quickly to create a “turning point” for UK growth.
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NewsMorrisons interest in Iceland fades
Morrisons’ interest in buying Iceland Foods in a £1.5bn bid is fading as the deadline for second round bids approaches.
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NewsTesco enters F&F partnership in Saudi Arabia
Tesco has created a new franchise model to enter Saudi Arabia as it looks to turn its F&F fashion label into a major global brand.