All Supermarkets articles – Page 272
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News
Carrefour sales fall
Carrefour, the world’s second-biggest retailer, said second-quarter sales fell 1.2 percent, hurt by weaker western European markets, lower petrol prices and exchange rates.The drop to €23.4bn (£20.1bn) was slightly less than some analysts’ forecasts. Half-year sales were €46.2bn (£39.8bn). Carrefour group chief executive Lars Olofsson described half-year sales as “resilient”, ...
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News
Casino reports a 1.9 per cent fall in Q2 sales
Supermarket group Casino reported a 1.9 per cent fall in second-quarter sales, broadly in line with market expectations. Sales were weighed down by lower petrol prices and declines at its French hypermarkets.Second-quarter sales fell to €6.82bn (£5.87bn). The retailer said that underlying sales excluding petrol and calendar effects rose 1.1 ...
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NewsMorrisons confident it will beat full-year expectations
Morrisons has reported that it is confident its full-year results will be ahead of earlier expectations as it has achieved strong trading in its first and second quarters.
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NewsTesco mulls separate credit rating for banking arm
Tesco is considering a separate credit rating for its financial services arm as it seeks to step up its banking operation.
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NewsAsda unveils blueprint for future store model
Asda opened a mould-breaking store on Monday, which will be a blueprint for wide-ranging changes in other shops if successful.
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NewsSystem lets Tesco suppliers meet label standard
Tesco has endorsed a system created by three technology firms that will allow its suppliers to meet its new labelling standard.
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OpinionTables could turn in grocery
Auctioning off a 25lb pork pie could only have happened at a Marks & Spencer AGM, and it could only have been fronted by the showman himself Sir Stuart Rose.
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NewsWaitrose sales outpace Marks & Spencer food for first time
Waitrose managing director Mark Price has revealed that the grocer has overtaken Marks & Spencer in food sales for the first time in its 105-year history.
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News
Carrefour and El Corte Inglés ask staff to delay summer holidays
Carrefour and El Corte Inglés are asking their staff to delay their summer holidays in order to avoid hiring temporary staff over the busy summer months.French retail giant Carrefour wants staff to opt to take holiday in October and November, according to trade union sources.Spanish department store El Corte Inglés ...
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AnalysisMarc Bolland: Morrisons chief’s fresh take on a crowded grocery market
Since Marc Bolland joined the grocer three years ago Morrisons’ revival has been dramatic. He tells Jennifer Creevy why fresh is working best
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News
Seven & I reports a 28 per cent slump in profits
The country’s largest retailer Seven & I reported a 28 per cent slump in profits to ¥23.7bn (£146.9m) in the three months to the end of May as the country feels the full force of the recession.Sales at the retailer, which operates the 7-Eleven convenience store chain, Ito-Yokado supermarkets fascia ...
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NewsSainsbury’s extends carbon reduction scheme for farmers
Sainsbury’s has extended its carbon reduction scheme for farmers which supply the supermarket with beef, lamb, pork, poultry and eggs.
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NewsIBM to run Carrefour's IT systems in France
International retail giant Carrefour has signed a €180m (£155m) agreement with IBM, that will see the technology services provider take over the transformation, management and maintenance of Carrefour’s IT infrastructure and applications in France.
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OpinionCan Aldi win the taste test?
Hard discounter Aldi has always claimed its quality is as good as the leading brand. Can it really pass the taste test? Or will its ABC1 customers start flocking back to the likes of Waitrose and Marks & Spencer when they have more money in their pockets?
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News
Wesfarmers sells shops and supermarkets
Wesfarmers has sold 45 of its Coles supermarkets and eight Liquorland shops to independent grocer FoodWorks.The deal will reduce Wesfarmers’ costs and allow it to invest in other Coles stores. FoodWorks, which now has 750 Australian stores, paid around Aus$35m (£17m).The shops sold generated a combined annual turnover of around ...
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News
X5 Retail to slash prices after Vladimir Putin visit
X5 Retail is slashing prices after Prime Minister Vladimir Putin scolded its bosses on a visit to one of its Perekryostok supermarkets.Putin said the retailer, which is Russia’s biggest grocer, was charging too much for sausages and meat in front of astounded shoppers. X5 has since announced a “grand Sale”, ...
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NewsTesco ‘considers Northern Rock bid’
Tesco is reported to be considering buying nationalised bank Northern Rock ahead of the next General Election.
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OpinionThe supermarket cyberspace war
Sainsbury’s, Asda and Tesco are all ramping up their grocery websites in an attempt to make them more interactive for customers. Sainsbury’s seems to have the edge, but what will its rivals do to catch up?
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NewsMorrisons to open a farm
Morrisons has teamed up with the Scottish Agricultural College to open a farm at Dumfries House in East Ayrshire.
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AnalysisSainsbury’s to set the pace in space race
Strong sales figures and a bold store expansion plan have made Sainsbury’s the sector’s fall guy no more, says George MacDonald