All Supermarkets articles – Page 219
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OpinionForget trivia, focus on what matters
John Richards is a retail consultant for corporate finance advisor McQueen. Prior to that, he was a leading leading retail equity analyst, working for Deutsche Bank amongst others.
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NewsMorrisons receives £40m payment to take on Best Buy stores
Morrisons is to be paid £40m to take on the 10 empty Best Buy stores it is converting to Kiddicare.
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AnalysisRetail 2012
Retail Week reveals the highlights from our latest free-to-subscriber research into forecasts from the UK’s leading retailers. Joanna Perry reports.
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NewsWaitrose and Boots pare back product partnership
Upmarket grocer to phase out health giant’s products and replace with own-brand.
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NewsChristmas updates boost store stocks
As the Christmas trading season drew to an end, retailers of all sorts were in fashion.
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AnalysisNRF: Why technology matters to retail
2012 will be a key year for retailers, with spending constrained and structural changes hitting hard. Retailers at this year’s NRF conference showed they’re tackling the hurdles head on, finds Rebecca Thomson.
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NewsKiddicare acquires 10 former Best Buy stores
Online baby products retailer Kiddicare has snapped up the leases of 10 former Best Buy stores.
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NewsRetail employment edges up 0.5% but outlook remains gloomy
Retail employment rose by a “modest” 0.5% in the final quarter of 2011 but the outlook remains downbeat, as 38% of retailers prepare to cut staffing levels this quarter.
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AnalysisPromotional coupons: What do retailers need to know?
The economic downturn and Tesco’s underwhelming Christmas results in particular have highlighted customers’ desire for vouchers.
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News
Turnover improves at Shoprite
African grocery retailer Shoprite issued results for the first half of its financial year to December 2011. Turnover improved 13.2% to ZAR41.1bn (£3.3bn) while like-for-likes rose 8%. In its home market, the retailer’s sales increased 12.3% and by 6.8% on a like-for-like basis. Official statistics put food inflation at 9% ...
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AnalysisRight technology, right time
Technology is no longer a back-office service – it’s driving sales and changing how people shop. Rebecca Thomson discovers what’s next for retailers at the NRF conference in New York.
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NewsAsda loses new business boss Misra as it plans George Middle East push
Asda has lost another top executive as new business director Arnu Misra exits the business.
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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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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
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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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
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 ...