All Grocery articles – Page 2
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NewsCo-op boosts pay for frontline staff
Convenience specialist the Co-op is set to give staff an above-inflation, 3.5% pay increase from tomorrow, Retail Week can reveal.
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NewsGrocery prices hold steady in March despite worries about Middle East war
Like-for-like grocery inflation held at 4.3% for the second month in a row, Worldpanel by Numerator said, though financial anxiety is running high in the UK.
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NewsSainsbury’s announces £5bn investment in British and Irish farms
The company said that a new series of long-term agreements with 2,500 British and Irish farms will deliver 3.1 million tonnes of Sainsbury’s own brand fresh products.
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NewsAsda ‘edging forward’ with turnaround despite plummeting profits
Asda executive chairman Allan Leighton insists the grocery giant is “edging forward” in its Formula for Growth turnaround plan, despite profits dropping by a third and like-for-like sales dipping.
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GallerySainsbury’s reveals ‘transformed’ flagship branch
Sainsbury’s has opened the doors to a flagship “state-of-the-art superstore”.
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AnalysisDoes Khoury-Haq’s resignation leave a listing Co-op in danger of sinking?
As Co-op group chief executive Shirine Khoury-Haq steps away, Retail Week analyses the timing of her announcement and the shape of the c-store specialist as she departs
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NewsCo-op chief executive steps down as c-store specialist swings to a loss
The group chief executive of the Co-op, Shirine Khoury-Haq, has stepped down from the business, as the retailer plunged to a loss following last year’s cyber attack.
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NewsMorrisons sales jump as supermarket hails ‘much improved’ Christmas
Supermarket giant Morrisons has delivered like-for-like and total sales growth for the first quarter, following a “much improved” Christmas trading period.
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NewsUK food prices could soar by summer due to Iran war, warns IGD
Food inflation in the UK could more than double by summer if disruption caused by the Iran war persists, according to new forecasts.
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NewsAsda awards ‘above-inflation’ pay rise for hourly workers
Asda has announced an “above-inflation” pay rise for all of its shopfloor workers in an investment worth £80m.
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Chart of the WeekCharts of the Week: ‘Awful April’, Iran war and the cost of living
April is upon us. The time when businesses and government bodies typically reserve the right to up the price of bills, whether that is because of inflation, upgrades or shoring up their finances.
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AnalysisIn a time of permacrisis, have retailers forgotten the art of trading?
With the sector staggering from one crisis to the next over the last six years of ‘permacrisis’, Retail Week looks at whether many retailers and brands have simply forgotten the fundamentals of the business.
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NewsMajestic Wine owner draws up sale plans
Investor Fortress is considering selling specialist retailer Majestic Wine, having owned it since 2019.
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NewsM&S ramps up new foodhall openings
Marks & Spencer is accelerating the pace of new foodhall openings as the high street giant looks to double the size of its grocery business.
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Opinion‘Next will set the tone on retail’s prospects when it reveals results as war rages’
Fashion powerhouse Next reports soon. The industry will look to chief executive Lord Wolfson for his views on prospects as war unsettles the global economy, says George MacDonald
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NewsDobbies launches new foodhalls in transformation strategy ‘milestone’
Garden centre group Dobbies is transforming its foodhalls - and parting ways with grocery partner Waitrose - as it seeks to burnish its experiential retail credentials, Retail Week can reveal.
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NewsUK consumer confidence sees biggest monthly drop since lockdown
Nearly two-thirds (63%) of the UK public expect the economy to worsen over the next six months.
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NewsTesco invests over £200m in new staff pay rise
Tesco has invested more than £200m in an above-average pay increase of 5.1% for store colleagues, starting from March 29.
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AnalysisTest drive: Launch of online shopping platform Joybuy UK
Chinese ecommerce giant JD.com officially launched its “one-stop” online shopping platform in the UK, Joybuy, to 17 million UK customers
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GalleryWaitrose unveils multimillion-pound store transformation
Waitrose has unveiled its new look Barnet store, after investing millions of pounds in “delivering an even better experience for customers”.