All Supermarkets articles – Page 276
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News
Comercial Mexicana considers debt for equity swap
Mexican supermarket group Comercial Mexicana is considering a debt for equity swap as part of discussions with its creditors. In October the retailer defaulted on its debt after being hit hard in the global downturn.Comercial Mexicana has been attempting to strike a deal without selling key assets or giving up ...
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News
Vishal Retail opens hypermarket in Gondia
Indian retailer Vishal Retail has opened its first hypermarket in the country, in Gondia, western India.The large format store covers more than 10,765 sq ft, selling various brands. The retailer plans to open a second hypermarket in Jalandhar, Punjab this month.Separately, a fire broke out at Vishal Retail’s 300,000 sq ...
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NewsAsda kicks off schoolwear price war
George at Asda has kicked off a school uniform price war, offering a complete uniform for £4.75.
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NewsWaitrose gives last-minute show of support for retail ombudsman
Upmarket grocery retailer Waitrose has given surprise backing to the campaign for a retail ombudsman.
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OpinionDo we really need more regulation?
As a decision on the proposed grocery ombudsman remains up in the air, supermarkets such as Tesco, Asda and Sainsbury’s need to focus on efficiencies to help customers through the tough times.
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NewsJohn Lewis reports strongest week of the year so far
John Lewis has recorded its strongest week of the year so far, with sales up 2 per cent.
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NewsAsda and Tesco battle for stores site
Supermarket giants Asda and Tesco are embroiled in a dispute in Coalville, Leicestershire, where both retailers have submitted plans to develop stores.
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OpinionDeliver the Essentials
Cutting prices needn’t compromise quality, as Waitrose’s new range shows, says Mark Price
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NewsSainsbury’s on TV
Sainsbury’s chief executive Justin King has let four shopfloor staff loose in the grocer’s boardroom for a new Channel 4 TV programme called I’m Running Sainsbury’s, which starts next Tuesday at 9pm.
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NewsCompetition Commission to update on ombudsman at end of June
The Competition Commission is expected to update the industry on the proposed grocery ombudsman at the end of June, as the deadline for responses on the consultation concludes today.
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NewsWaitrose improves growth
Waitrose is showing signs of combating recessionary pressures with growth increasing to 4 per cent in the 12 weeks ending May 17, following the launch of its value line Essential.
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NewsTesco chief Sir Terry Leahy takes pay cut
Tesco chief Sir Terry Leahy took a £370,000 cut in his pay and bonus package last year after the US business failed to hit some targets.
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NewsWaitrose launches campaign for Essential range
Waitrose has today launched a direct marketing campaign to promote its recently-launched value range Essential Waitrose.
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NewsColes scores another UK hiring
Australian grocer Coles has snapped up another UK stalwart with the appointment of former Boots group financial controller Tony Buffin as its finance director.
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News
Belgian Delhaize to buy final stake in Greek Alfa-Beta
Belgian supermarket group Delhaize is to buy the outstanding 34.7 per cent stake in its Greek subsidiary Alfa-Beta.Delhaize said it would offer E30.50 (£26.88) a share. It became the principal shareholder of Greece’s second-largest food retailer in 1992.Delhaize chief executive Pierre-Olivier Beckers said he intends to operate Alfa-Beta with “no ...
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OpinionKnow your customer
Kerry Katona may have had her problems, but she’s still right for Iceland, says Malcolm Walker
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AnalysisTesco in Ireland: its toughest market
Faced with a tough economy, strong rivals and sales leaking north of the border, Tesco Ireland has struggled to assert its value stance. So will its counterattack work? Joanna Perry investigates
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NewsTesco re-elected to PCI Security Standards Council advisory board
Tesco has been re-elected to the PCI Security Standards Council’s Board of Advisors, after already having served a two year term.
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News
Carrefour bids for supermarket chain
Carrefour has entered the bidding to acquire Brazilian supermarket chain Gimenes, which has also received a proposals from local operator Associação Ricoy. Gimenes has 23 shops across São Paulo, Brazil’s largest state, and is Brazil’s 22nd largest supermarket chain. Carrefour, Brazil’s market leader, has put two offers on the table. ...
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NewsAldi to create 650 jobs in Ireland
German discount grocer Aldi will create 650 jobs in the Republic of Ireland over the next three years as it continues apace with growth plans.