All Supermarkets articles – Page 234
-
NewsCustomers recognise our quality is improving, says Asda’s Clarke
Asda chief executive Andy Clarke is confident that the grocer’s efforts on quality are being recognised by customers, despite the tough climate taking a toll on its growth.
-
News
Walmart hires investment bank to advise on potential takeover
Walmart has hired investment bank UBS to advise on a potential takeover of Carrefour’s Brazilian subsidiaries, according to reports.Both Walmart and Carrefour have remained tight-lipped about the rumoured takeover, but it is understood that Walmart is assembling a team of expert advisers prior to making a bid.Talk of a takeover ...
-
NewsAsda Q2 like-for-likes up 0.5%, but operating income declined due to Netto acquisition
Asda has reported like-for-like sales up 0.5% excluding VAT in its second quarter from April 1 to June 30.
-
NewsMorrisons leads big four, while Aldi reports all-time record share
Morrisons was the only one of the big four to grow market share in the latest Kantar figures, while Aldi was the winner overall with growth of nearly 25%.
-
NewsMorrisons founder to pay £210,000 fine over share sales
Supermarket veteran Sir Ken Morrison is close to reaching a settlement with the FSA over non-disclosure of share sales.
-
NewsAsda to create 7,000 Christmas jobs
Asda is to create 7,000 Christmas jobs as part of a £5m investment in customer service for the golden quarter.
-
NewsSainsbury's trials branded price match in Northern Ireland
Sainsbury’s is to take on Asda and Tesco and launch its version of a price match trial in a trial in Northern Ireland.
-
NewsAsda guns to open 250 smaller supermarkets
Asda is gunning to open 250 of its smaller supermarkets after racking up sales uplifts of more than 50% in its Netto converted stores.
-
NewsAsda expands quality meat offering
Supermarket Asda is to roll-out its Butcher’s Selection range as it seeks to boost its quality offering.
-
News
Grocer Publix reported sales increase
Grocer Publix reported sales rose 5.8% in the second quarter, up to $6.6bn (£4bn), and like-for-like sales up 4.2%. Net earnings rose 9.7% from the previous year to $382.4m (£233.9m).Chief executive Ed Crenshaw said: “I’m proud our good operating performance resulted in another increase in our stock price.I congratulate our ...
-
NewsMorrisons appoints Credit Suisse as it mulls Iceland bid
Morrisons has appointed Credit Suisse as its investment banking advisor as the retailer mulls bidding for Iceland.
-
NewsResilient retail stocks flagged up as stock markets plunge
Plunging stock markets have created buying opportunities among retailers and prompted brokers to seek out resilient stocks.
-
NewsStore stocks bear up despite wave of riots
Despite the wave of rioting, including shop-burning and widespread looting, stores were down but outperformed other stocks in a week when the global markets were undermined by renewed financial fears.
-
OpinionTime to stop the supermarket space race
As the realities of both the severity and the length of the uncomfortable squeeze on real incomes and retail sales become more evident, Mary Portas and David Cameron look increasingly like the leading players in a Murdoch-directed horror movie: we can only hope that it doesn’t become a disaster movie.
-
News
AS Watson reports total revenue rise
AS Watson reported total revenue rose 17% to HK$67.23bn (£5.28bn) in the first half to June 30. The health and beauty, and grocery retailer reported EBIT increased 25% to HK$3.55bn ($456m), which the company attributed to the management’s strong commitment to improving operating efficiencies, reducing inventory levels, increasing centralised purchasing ...
-
News
X5 Retail Group introduces new convenience store format.
X5 Retail Group has introduced a new concept of its Perekrestok Express convenience store format.The new stores have a smaller sales area, ranging from between 755 sq ft and 2,155 sq ft, and the product range includes ready meals, convenience food and fresh bakery products. X5 plans to introduce a ...
-
NewsTesco closer to India move as Government set to withdraw ownership restrictions
The Indian finance minister has hinted that foreign supermarkets such as Tesco and Wal-Mart could soon set up shop in the country.
-
GallerySuper fashion in supermarkets?
As Waitrose gets ready to sell clothing, how do the big supermarkets deal with the matter of selling fashion? John Ryan travels to Milton Keynes to find out
-
News
Grocery retailer Casino announces sales growth
Grocery retailer Casino has announced its second-quarter and half-year results for 2011. The retailer reported that consolidated net sales for the quarter rose by 18.8% to E8.3bn (£7.2bn) – a 4.7% rise achieved in the first quarter.The growth reflected the consolidation of the Casas Bahia electronics chain in Brazil within ...
-
News
Aldi Süd adds leading brands to product ranges
Hard discounter Aldi Süd has added a number of leading manufacturer brands to its private label dominated product ranges in Hungary.New products comprise soft drinks from Coca Cola, a baking product from Dr Oetker and Nutella hazelnut spread.Aldi Süd extended the brand offer in Hungary six months ago, including Heineken’s ...