All Supermarkets articles – Page 247
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News
Safeway rakes up £366m net income after loss last year
Grocery chain Safeway reported net income for the fiscal year ended January 1, 2011 amounted to $590m (£366m), compared with a net loss of $1.1bn (£682.4m) reported last year. Sales for the full year edged up 0.5% to $41.05bn (£25.5bn). Excluding fuel, identical store sales declined 2% while like-for-like sales ...
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News
Dansk total revenue up 3.5% to £6.7bn last year
Dansk Supermarked’s total revenue increased 3.5% to DKr59.3bn (£6.7bn) in 2010, while profit after tax amounted to DKr2.22bn (£254m). Turnover in Denmark rose 1.4% last year, and majority owner A P Møller-Mærsk Gruppen said the retailer increased its market share in groceries. Revenue outside Denmark experienced a growth of 8.3%, ...
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NewsSir Terry Leahy checks out
Sir Terry Leahy waved to staff as he left the Tesco head office in Cheshunt, Hertfordshire yesterday.
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NewsJamie Oliver returns in Sainsbury's Comic Relief ad
Celebrity chef Jamie Oliver will star in a new TV campaign for Sainsbury’s encouraging staff and shoppers to get into the Comic Relief spirit.
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NewsMorrisons poised for £1bn share buy-back
Morrisons is reported to be poised to return about £1bn to shareholders when it reveals its full-year results next week.
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NewsSainsbury's teams up with Gok Wan
Sainsbury’s has struck a deal with TV stylist Gok Wan which will see the celebrity design womenswear ranges for its Tu brand.
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NewsSainsbury's and Morrisons outperform, while Tesco and Asda lag
Sainsbury’s and Morrisons outperformed in the latest Kantar Worldpanel figures, while Tesco and Asda were slightly behind the market.
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NewsSupermarkets could face competition inquiry after unjustified price hikes, warns UBS
Supermarkets have been raising food prices faster than inflation in Britain and could face a competition inquiry, according to investment bank UBS.
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NewsSupermarket price comparison iPhone app launches
An iPhone app that allows consumers to compare supermarket deals has been launched by grocery shopping and comparison website My Supermarket.
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NewsTesco launches offensive against Asda
Tesco has today launched an offensive against rival Asda promising to pay shoppers “double the difference” on any products that are cheaper at the Walmart-owned grocer.
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NewsCo-op has store in every postcode with Strand opening
The Co-op now has a food store in every UK postal area after it opened its £1m flagship shop on the Strand, London.
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NewsSainsbury's aims to double Fairtrade business over next 5 years
Sainsbury’s plans to double its Fairtrade business to £500m in the next five years.
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NewsFocus offloads 6 stores to Asda
DIY chain Focus has offloaded six stores to supermarket Asda in a bid to raise funds.
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NewsOcado signs for new distribution spoke in Wimbledon
Online grocer Ocado has signed for a new distribution spoke in south west London with capacity for 14,200 orders per week.
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NewsAsda Income Tracker: Family spending power fell by £9 a week in January
The average family’s spending power fell by £9 per week in January, the largest fall on record and the second record breaking month in a row.
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GalleryA glimpse of the Morrisons of the future
As Morrisons boss Dalton Philips prepares to update the City, Jennifer Creevy visits the Leeds ‘lab store’ to reveal the direction he is taking the grocer in
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NewsCo-op disposals spark convenience space race
Big grocers circle 40 Co-op stores in drive for larger share of £32.1bn c-store market.
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OpinionA different mountain to climb
I’ll climb Everest for charity or die in the attempt, says Iceland chief Malcolm Walker
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OpinionNew Tesco chief Clarke’s delicate balancing act
The term ‘end of an era’ is overused. But next week undeniably marks one, when Sir Terry Leahy - the most successful retailer of his generation - departs Tesco’s austere Cheshunt headquarters for the last time after 14 years in charge, and Phil Clarke takes over.
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NewsMorrisons to double its female senior managers
Morrisons has committed to identifying future female business leaders and targeted to more than double its number of female senior managers by 2014.