All Grocery articles – Page 545
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NewsHotel Chocolat opens first phase of its hotel in St Lucia
Chocolatier Hotel Chocolat has opened the first phase of its hotel at its cocoa plantation in St Lucia.
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Opinion
Tesco on Facebook
Tesco has soft-launched a new Facebook page in an attempt to better connect with shoppers via social media.
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NewsSainsbury's Q4 like-for-likes up 1%
Sainsbury’s fourth quarter like-for-like sales grew 1% excluding fuel in the 10 weeks to March 19.
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AnalysisWalmart sets its sights on small format expansion
Speaking at an investor conference last week, Walmart US chief executive Bill Simon outlined plans for a much larger foray into small-format retailing than many industry observers had anticipated.
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News
ITM sales up 4% to £30bn
Grocer ITM has grown sales 4% for 2010 to reach nearly E35bn (£30bn) as a result of a strong international performance. Sales in France grew 1.6%. As part of its three-year plan, ITM intends to grow sales per square metre 15% and an extensive remodelling programme will be completed by ...
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News
Couche-Tard Q3 net earnings jump 29.6% to £46m
Convenience store operator Couche-Tard posted net earnings of $71m (£46m) for the third quarter ended January 30, up 29.6% from the comparable period last year. The increase was attributable to growth in merchandise and service sales, the contribution from a rising number of sites offering fuel and the growth in ...
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News
Oxo total revenue jumps 16.3% to £3.2bn
Convenience store chain Oxxo has reported a total revenue increase of 16.3% for the 2010 financial year, up to 62.3bn pesos (£3.2bn). Sales growth was driven by the opening of 1,092 net new stores during the year and a 5.2% increase in like-for-like sales. Store traffic experienced a 3.9% increase, ...
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News
Mercadona gross sales up 6.3% to £341m
Grocer Mercadona has reported gross sales of E16.5bn (£14.2bn) for the 2010 fiscal year, up 6.3% from last year. Net income was E398m (£341m), a 47% increase compared with 2009. The company invested about E600m (£515m), opening a net total of 46 stores.Mercadona reduced prices by an average of 4% ...
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NewsCrackdown on Channel Islands VAT loophole
Chancellor George Osborne is planning to crack down on cheap goods flooding into the UK from the Channel Islands.
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NewsOddbins offers creditors £4.7m compensation pot in CVA
Oddbins wants to close a third of its stores and creditors will be offered a stake in a £4.7m compensation pot as part of its company voluntary arrangement (CVA).
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NewsJohn Lewis records 1.8% fall in weekly sales
Sales at John Lewis department stores fell last week as the retailer came up against tough comparatives.
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NewsAsda set to open its first high street supermarket without car parking
Asda is to open its first high street supermarket without car parking as it seeks to ramp up expansion.
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AnalysisHow Leahy transformed Tesco’s business in the UK
Terry Leahy was told Tesco had reached saturation point in the UK. Having developed non food, gone online and moved into services, he’s proved the doubters wrong.
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AnalysisPutting the customer at the heart of the business
Sir Terry Leahy’s Clubcard revolutionised how Tesco did business and changed the way retailers learn about customers. Rebecca Thomson finds out how it started and where it goes from here
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AnalysisNot just a campaign
The perception of Marks & Spencer has been transformed in the seven years that Sir Stuart was at the helm. Its Your M&S advertising campaign was central to that, says Charlotte Hardie
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NewsMarkets are shaken by Japanese disaster
The earthquake in Japan shook the stock markets worldwide as investors assessed what the costs, commercial as well as human, might be.
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NewsMorrisons pushes online with stake in US etailer FreshDirect
Morrisons is expecting to circumnavigate the pain of setting up an online food operation with the lessons it will learn from buying a 10% stake in US etailer FreshDirect.
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AnalysisWalmart sets its sights on small-format expansion
Speaking at an investor conference last week, Walmart US chief executive Bill Simon outlined plans for a much larger foray into small-format retailing than many industry observers had anticipated.
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AnalysisHow Leahy made Tesco a global giant
With its razor-sharp focus on the customer wherever they might be, Tesco now operates in 14 countries. Tim Danaher and Jennifer Creevy trace how a UK grocer now bestrides the globe