All Grocery articles – Page 534
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News
Aldi Nord to embark on major investment programme
Aldi Nord, the more austere of Aldi’s two main operating companies, is about to embark on the biggest investment programme in its history with plans to refurbish all its European stores.A model unveiled in the Belgian town of Ghent is to serve as the blueprint for the new store design. ...
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OpinionThe right kind of incentives
In today’s ‘me’ world as exemplified by the celebrity culture and institutionalised corporate greed – which allied to bad management has led in the banking sector to the derailing of the global economy – it is very refreshing that the retail industry can set a good example for business.
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NewsSupermarket growth slows as shoppers put off Christmas spree
Growth among supermarkets slowed last month as consumers put off their Christmas shop as they await a raft of festive promotions.
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NewsSainsbury's profits up 6.6% in first half
Sainsbury’s has reported “strong” sales with underlying pretax profit up 6.6% to £354m, excluding gains on property sales.
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NewsRetail like-for-likes slip 0.6% in October
UK like-for-like retail sales slipped 0.6% in October as growth in food sales slowed and non food sales fell. Total sales were up 1.5%.
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OpinionMarks & Spencer on the Move
News that M&S is to open a food on the move outlet this week is interesting but what are its chance of success?
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NewsFirst M&S Food on the Move store to be trialled in London
Standalone shop will sell hot and cold food from the retailer’s existing ranges targeted at commuters.
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News
Woolworths reports overall sales increase
Woolworths’ overall sales for the first quarter of 2011 were up 4.9% to AUD14.6bn (£9.6bn). Net sales at its supermarket division including fuel grew 5.8% to AUD12.56bn (£8.27bn), bolstered by a 17% rise in revenue from fuel.Its Australian food and liquor sales increased 4.4% compared with the same period last ...
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AnalysisEdwin Booth
The fifth generation of his family to run the eponymous business, the Booths chairman is looking to future expansion. Gemma Goldfingle reports.
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NewsIn focus: Frozen Value
The northern-based frozen food specialist has struggled to capitalise on customers trading down.
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OpinionHard times for Frozen Value
Back in May we noted that the four leading frozen food specialists had collectively been outperforming the wider supermarket sector.
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NewsUncertain outlook knocks retailers hard
General retailers had a bad week as their stocks declined by twice as much as the wider market, which took a knock as the eurozone crisis dragged on and pundits argued over the UK’s economic prospects.
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OpinionM&S steady in rough seas
Amid renewed economic gloom and relentlessly downbeat consumer sentiment, next week brings a chance to gauge the sector’s temperature as some of retail’s biggest beasts report.
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NewsRose mobile commerce venture goes live
An innovative mobile payment system fronted by Sir Stuart Rose that launches tomorrow will play a pivotal role in the development of m-commerce, the former Marks & Spencer boss has claimed.
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News
Metro (Canada) enters into partnership agreement with Marché Adonis
Metro (Canada) has entered into a partnership agreement with Montreal ethnic food retailer Marché Adonis. Metro now holds a 55% stake in both Marché Adonis, which specialises in fresh and Mediterranean products and prepared meals, and its distributor sister company Phoenicia Products.Marché Adonis’ founders have retained a 45% interest and ...
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NewsScottish government to bring in alcohol pricing bill
The Scottish government is preparing to introduce minimum pricing on alcohol in a bid to improve the nation’s health – a policy that some retailers believe is misguided.
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News
Mercator signs contract with Drvopromet to take over its trade business
Grocery retailer Mercator has signed a contract with Bosnia and Herzegovina-based Drvopromet to take over its trade business, securing 63 Drvopromet stores in a long-term lease. The agreement, which is based on strategic ties and is awaiting a green light from Bosnia and Herzegovina’s competition protection office, makes Mercator the ...
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News
Casino-owned Exito reports net profit increase
Casino-owned Exito has reported net profit of COP58.8bn (£19.52m) in the third quarter, 59% more than the previous year.The grocery retailer’s operating profit increased 18.7% to COP74.5bn (£24.74m), while sales rose 15.6% to COP2.03trn (£1.01bn).Exito opened 36 new stores in the first nine months of the year, reaching a total ...
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NewsAsda £5 'thank you' offer hailed a success as Morrisons enters Christmas price war fray
Asda’s £5 ‘thank you’ offer that it launched two weeks ago has driven 1 million customers to its Asda Price Guarantee (APG) website.
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NewsIceland bids fall short of asking price
First round bids for Iceland are thought to have fallen short of the £1.5bn asking price.