All Supermarkets articles – Page 243
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NewsFlat market masks big risers and fallers
Retailers generally, like the market, were flat over the week, but that masked some big share price advances and falls.
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NewsBRC fears Bill will push up grocery costs
The British Retail Consortium (BRC) has hit out at the Government’s decision to press ahead with its draft Groceries Adjudicator Bill, which was published for pre-legislative scrutiny this week.
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NewsIceland says private equity cash not needed
Iceland founder and chief executive Malcolm Walker said he does not need funding from a private equity backer to take full control of the frozen food retailer, which is being circled by rivals.
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NewsIn focus: Morrisons
So Morrisons is mulling over a bid for Iceland. Retail Week Knowledge Bank has just updated its profile of the UK’s fourth largest supermarket chain, analysing its performance in the first year under new chief executive Dalton Philips.
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Opinion
Malcolm Walker’s next summit
As Iceland founder and chief executive Malcolm Walker returns from one feat - conquering Everest - he now faces another: the potential sale of failed bank Landsbanki’s 67% stake in the frozen food retailer.
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NewsSainsbury's hires MD for the north
Sainsbury’s has hired Wickes operations director David Furness to be its new zone managing director for the north.
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News
Co-op relaunches Truly Irresistible in sales push
Co-operative Group has revamped its own-brand premium range this week to drive sales.
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NewsGovernment publishes draft grocery adjudicator bill
The Government has published its draft Groceries Adjudicator Bill which aims to referee between grocers and suppliers.
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NewsHard discounters and Waitrose post strong growth
The two parallels of the hard discounters and upmarket grocer Waitrose powered ahead in the latest Kantar Worldpanel figures.
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AnalysisThe Co-operative’s big year
The Co-operative Group isn’t just facing the usual technology challenges this year – as well as running normal IT projects, it’s busy integrating its entire business with Somerfield, which it bought in 2008. Rebecca Thomson speaks to food retail IS director Mark Hale about his plans
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NewsWalmart China suffers double departure
Walmart’s China business has been hit by the sudden resignation of two senior executives.
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NewsWalmart to set up London team to look at acquisitions
US giant Walmart is to set up a London team to launch into Europe.
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NewsKing hits back at supermarket critics
Sainsbury’s chief executive Justin King last night hit back at critics who accuse supermarkets of damaging the UK high street, describing their criticisms as “tubthumping”
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NewsSainsbury’s faces margin worries
Following last week’s annual results from Sainsbury’s, broker MF Global said it is concerned that the grocer’s operating margin is benefiting more from lower depreciation, lease and staff costs than productivity on higher sales growth.
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NewsAsda promotes quality agenda amid flat sales
Asda has pledged to extend its investment in product quality, complementing its established credentials on price.
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NewsTesco Japan boss takes group strategy role
Tesco has appointed the chief executive of its Japan operations as its new group strategy director.
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Opinion
Sainsbury’s is great again: now what?
It wasn’t that long ago that Justin King was the plucky upstart of the grocery world. Now, after a year of upheaval at its rivals, he’s now the elder statesman.
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AnalysisEdeka pushes on with growth after sales rise
Leading German grocer Edeka’s sales reached E39.1bn (£34.2bn) in 2010, up 3.9% compared with 2009.
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NewsBrokers urge caution as retailers beat the market
Store stocks strongly outperformed the All-share index as the latest BRC data showed a sales surge in April, when grocers and some general retailers benefited from sunny weather and bank holidays.
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NewsSainsbury’s to go ‘beyond food’ in search for growth
Chief executive Justin King pledges to almost double sales from services, non-food and new ventures

















