All Grocery articles – Page 413
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AnalysisTesco full year results: What the analysts say
Tesco has reported a 6% drop in annual group trading profit as boss Philip Clarke warned that the trading environment is changing rapidly. Retail-week.com summarises the analyst reaction.
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NewsTesco boss Philip Clarke: 'I’m going to see this thing through'
Tesco chief executive Philip Clarke said he is determined to see through the turnaround of Tesco and vowed the grocer will emerge as a leader once again.
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AnalysisInfographic: How the Building a Better Tesco strategy is progressing
Tesco today revealed a 6% fall in trading profit to £3.3bn. This infographic shows how its Building a Better Tesco plan is progressing.
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NewsBreakfast briefing: Retail news on Tesco and Burberry
Retail news round-up on April 16, 2014: Tesco profits fall as trading environment ‘changes more rapidly than ever before’ and Burberry second half sales rise.
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NewsVideo: Tesco chief executive Philip Clarke on the grocer's full-year profits fall
Tesco reported a fall in full-year profits today. Here, chief executive Philip Clarke talks about the results.
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NewsTesco profits fall as trading environment changes 'more rapidly than ever'
Tesco’s group trading profit plunged 6% to £3.3bn last year and boss Philip Clarke warned that the trading environment is changing rapidly.
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OpinionComment: Why we worship the Easter egg
It is a good time to think about the strength and simplicity of your offer, and resist the urge to churn and change rather than evolve.
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AnalysisLive blog: Tesco's full-year results
Follow all the reaction to Tesco’s full-year results with deputy editor Jennifer Creevy.
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NewsCo-operative Group subcommittee meets to draw up reforms
A subcommittee for the Co-operative Group has met to push through an agreeable set of reforms for the mutual after Lord Myners’ recommendations were met with tough opposition from members.
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NewsTesco's price message fails to resonate with shoppers
Tesco’s low-price message has so far failed to resonate with shoppers, 45% of whom believe the grocer’s prices have in fact risen over the past year.
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Analysis
Analysis: BRC-KPMG March Retail Sales Monitor, sector by sector
UK retail sales fell 1.7% on a like-for-like basis in March, as the later timing of Easter distorted figures, according to BRC-KPMG.
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NewsInflation drops below 2% target for third consecutive month
Inflation fell to 1.6% in March, down from 1.7% in February and the third consecutive month it has been below the Bank of England’s 2% target.
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OpinionComment: Action not words is needed to save the Co-operative
The civil war at the Co-op is a tragedy, many believe. Perhaps a better word would be disgrace.
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NewsPoundstretcher full-year like-for-likes grow 3%
Poundstretcher full year like-for-like sales jumped 3% last year driven by its store refresh programme and extended food and toiletry ranges.
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AnalysisPeople: The seven biggest retail job moves in March
The turmoil at the Co-op hasn’t abated since former boss Euan Sutherland left the business in March. Here’s what it means for the business, and other high profile moves last month.
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NewsBreakfast briefing: Retail news on Aldi and Lidl, Sports Direct and slow retail sales in March
Retail news round-up on April 15, 2014: Aldi and Lidl increase share in Ireland, Sports Direct to sell on credit and retail sales fall in March.
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NewsSuperGroup hires former Asda director Jon Wragg as ecommerce boss
SuperGroup has appointed former Asda customer director Jon Wragg as its new ecommerce boss, replacing Chris Griffin, Retail Week has learned.
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OpinionComment: The Co-operative Group needs to tame its unwieldy nature
Last week the Co-operative Group came under the spotlight again as Lord Myners, the man brought in to reform the businesses, resigned.
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NewsBreakfast briefing: Retail news on Cath Kidston, Morrisons, House of Fraser, Tesco and more
Retail news round-up on April 14, 2014: Uniqlo owner Fast Retailing eyes bid for Cath Kidston, Morrisons chairman faces investor pressure to step down, House of Fraser could open up to 50 stores in China and more
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NewsAsda outperforms big four, Nielsen reports
Asda was the best performing of the big four grocers as Tesco and Morrisons continued to struggle, the latest Nielsen data showed.