All Supermarkets articles – Page 239
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NewsVast contrast typifies results across retail
Food and general retailers alike lagged a flattish market as updates and sector data showed sharply divergent performances from store groups.
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News
Kroger reports 11% sales increase
Supermarket chain Kroger reported an 11% increase in sales (including fuel) to $27.5bn (£17bn) for its first quarter ended May 21. Excluding fuel, sales increased by 4.8% over the same period last year. A 4.6% increase in like-for-like sales together with cost savings boosted net profit 15.6% to $432.3m (£267.4m). ...
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NewsOcado fights back with London ad drive
Etail grocer Ocado has kicked off a marketing campaign of its own just a week after Waitrose launched an advertising drive in London.
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AnalysisBusiness as usual, but faster
Retailers are adjusting to the new post-recession market, which means never allowing their businesses to stand still. By Joanna Perry
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NewsSainsbury's strengthens online team with two appointments
Sainsbury’s has hired former Ocado head of retail Jon Rudoe to strengthen is multichannel team.
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NewsAsda clocks up £1bn ethnic and local produce sales
Asda has clocked up £1bn of sales since it began working with local and ethnic suppliers, and it is gunning to reach a £500m annual sales target by 2013.
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NewsTesco shareholders urged to cut "excessive" pay
Tesco investors have been urged to vote against the grocer’s remuneration report by shareholder advisory group Pirc.
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NewsAsda takes market share hit
Asda’s market share slipped in the latest Kantar figures from 16.7% last year to 16.3%, while the discounters stole a larger share of shopper spend.