All Grocery articles – Page 517
-
NewsAchica targets growth as it breaks even
Members only home and garden etailer Achica, set up by Asos co-founder Quentin Griffiths, is aiming for huge growth this year after it broke even in recent months.
-
News
Auchan receives approval for Magyar acquisition
French retailer Auchan has received approval from the European Commission for the acquisition of Hungarian retailer Magyar Hipermarket. The takeover of the seven Cora hypermarkets was permitted as the commission said Auchan faces several strong competitors in the country. Auchan operates 12 hypermarkets in Hungary at present but expansion had ...
-
News
Lidl provides sales and regional managers with iPads
Discounter Lidl is providing sales and regional managers with iPads equipped with a proprietary app showing shelf layouts, new listings and de-listings and staff scheduling in stores.The app – known internally as ‘Lidl Mobile Office’ – is designed to free managers’ time and reduce paperwork and was designed for Lidl ...
-
NewsAsda Income Tracker reveals tightest spending power since November 2008
The Asda Income Tracker has exposed a glaring north-south divide in disposable income while nationwide family spending power is at its lowest since the collapse of Lehman Brothers in 2008.
-
NewsData: Waitrose and discounters gain share as grocery spend polarised
Waitrose, Aldi and Lidl all made gains as Tesco and Morrisons market share slipped, the latest data from Kantar Worldpanel reports.
-
NewsTesco turnaround marred by credit rating downgrade
Philip Clarke’s turnaround of Tesco has suffered an early set back after Moody’s downgraded its credit rating.
-
NewsTesco launches £10 off voucher deal
Tesco has taken the initiative in the battle to win grocery spend with a new £10 off voucher.
-
NewsLandlords slam "underhand practice” of pre-pack administrations
Landlords have slammed the “growing underhand practice” of insolvency practices such as pre-pack administrations that they say siphons “tens of millions of pounds out of pensioners’ savings into the pockets of private investors profiting from retail failure”.
-
NewsRetail sales rise in March, ONS reports
Retail sales surged year-on-year and month-on-month in March, official data showed.
-
NewsJohn Lewis sales surge as wet weather pulls in shoppers
John Lewis sales surged 13.9% to £61.1m in the week to April 14 as wet weather over the Bank Holiday weekend drove footfall to stores.
-
Analysis
Analysis: Retailing in China
The growing economic powerhouse is now the world’s biggest grocery market, and where the supermarkets go, others are following.
-
AnalysisChallenges await the new Carrefour chief executive
In Lars Olofsson’s last full quarter as chief executive, French grocery giant Carrefour reported a 0.9% rise in first quarter sales excluding fuel, at constant exchange rates, to E22.5bn (£19bn).
-
OpinionTesco’s revival relies on getting basics right
At one point in the run-up to Wednesday’s announcement by Tesco chief executive Philip Clarke, it seemed he would be left with little to say.
-
NewsMorrisons opens M Local format in petrol station
Morrisons is to open its first M Local in a petrol station as competition to expand convenience stores in the sector mounts.
-
OpinionM&S still a work in progress
Marks & Spencer’s fourth-quarter update on Tuesday failed to meet market expectations and the share price fell sharply.
-
NewsThe People’s Supermarket narrows losses
Co-operatively run grocer The People’s Supermarket has narrowed losses from £175,000 to £100,000 in the year to April 4.
-
NewsClarke: ‘Good enough’ is not good enough
Tesco chief executive Philip Clarke has pledged a return to retailing excellence at the grocery giant’s flagship UK business through renewed focus on the customer.
-
InterviewQ&A: Philip Clarke, Tesco
Tesco chief executive Philip Clarke and group finance director Laurie McIlwee faced a grilling from the press as the grocer unveiled its £1bn turnaround plan for the UK business today. Clarke talks improving in-store experience, Richard Brasher and what went wrong. Alex Lawson reports.
-
News
Intermarché given go-ahead for Altis takeover
Grocer Intermarché has received approval from competition authorities to take over 20 Altis stores operating under the Carrefour banner. Last year, Intermarché reached an agreement with Spanish grocer Eroski to acquire the Altis joint venture in southern France.Eroski had already purchased Carrefour’s 50% stake in Altis, which operated six Carrefour ...
-
News
Carrefor launches new loyalty programme
Carrefour has launched a new point-based loyalty programme in the United Arab Emirates called MyClub, an innovation within the hypermarket sector in the region.Members earn one point for every AED10 (£1.75) spent in the retailer’s stores, with extra points available on special offers. When 500 points are accumulated, a AED50 ...