All Supermarkets articles – Page 237
-
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.
-
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.
-
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.
-
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.
-
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 ...
-
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 ...
-
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
-
NewsCredit insurers pay out to Superquinn suppliers
Suppliers to Superquinn who lost out when it was placed in receivership last month are set to be recoup monies from credit insurance policies.
-
News
Grocer Coles reports fourth quarter sales increase
Grocer Coles reported fourth quarter sales of Aus$6.2bn (£413.6bn), up 5.2% like-for-like. Store development and operations director Stuart Machin said continued rises in the cost of living have made customers watch how they spend their money more closely. “Our lower prices and our ‘down down’ campaign has been well received ...
-
News
Pick n Pay extends sale deadline by two months
South African retailer Pick n Pay has extended the deadline for the sale of its supermarket banner Franklins to Australia’s third-largest grocer, Metcash, by two months.The sale has been opposed by the the Australian Consumer and Competition Commission due to concerns it would lessen competition in Franklins’ operating region.
-
-
News
Grocery retailer Spar launches pilot convenience store
Grocery retailer Spar has launched a convenience store pilot intended for busy inner city locations in Vienna. The 2,690 sq ft store is located right in Babenbergerstraße 9, and employs a staff of 22.The new concept is called Food in the City and offers takeaway food as well as fresh ...
-
NewsTesco to test Fresh & Easy Express
Fresh & Easy, Tesco’s US operation, is to test smaller format Fresh & Easy Express shops later this year.
-
AnalysisCrowd sourcing for retailers
Crowd sourcing can form the basis of brilliant marketing. Rebecca Thomson finds out how retailers can use their customer base to inform their campaigns
-
NewsLandsbanki director takes seat on Iceland board
Gunnar Sigurdsson, former managing director of collapsed Icelandic retail group Baugur, has been asked to stand down from the board of Iceland Foods so Landsbanki can take full control of the sale of its stake in the retailer.
-
NewsTesco enlists help from schoolchildren
Tesco does like to start ’em young – Philip Clarke started in the branch his father managed at 14.