All Supermarkets articles – Page 249
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NewsJohn Lewis Partnership profits up 20%
The John Lewis Partnership has reported profit before partnership bonus and tax up 20% to £367.9m, with staff receiving a bonus of 18% of salary.
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NewsAsda celebrates International Women's Day
Asda is celebrating International Women’s Day today with the launch of several initiatives to recognise women’s equality.
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NewsTesco pushes music companies to renegotiate CD deals
Tesco is to demand that music companies to accept minimal upfront payments for the CDs they ship to the retailer in a deal that will test how record labels’ bargaining power has diminished alongside shoppers’ interest in CDs.
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NewsSainsbury's launches into children's books
Sainsbury’s has launched its first range of own brand pre-school children’s books as part of a wider initiative to increase own brand and branded books.
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NewsTesco expands Fresh & Easy with 12 new stores
Tesco has backed its loss-making US chain Fresh & Easy by opening 12 stores across California.
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NewsVideo: New Tesco boss Phil Clarke talks about taking up the top job
Tesco’s group chief executive Phil Clarke has sent out a video message on his first day in his new job.
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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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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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OpinionIf Primark’s suffering, what about the rest?
Even during the worst of the recession, one thing that remained consistent was that Primark continued to power on as if nothing was wrong.
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NewsGrocers angry as UBS slams ‘unfair’ food hikes
Supermarkets could face a competition inquiry because of food price hikes according to investment bank UBS.
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NewsAsda hits back at Tesco as price check wars heat up
Asda has hit out against Tesco’s launch this week of an online price checker, arguing that it does not match the “independence and integrity” of the Asda Price Guarantee.
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NewsTesco joint venture builds momentum in China
Tesco has signed a new joint venture to create three more Lifespace malls in China, an initiative welcomed by the City as evidence of building momentum in the country.
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AnalysisThe start of a new era for Tesco
Phil Clarke has a hard act to follow succeeding Sir Terry Leahy. As he takes over the hottest seat in UK retail, Jennifer Creevy looks at the big issues he faces
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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.