All Grocery articles – Page 547
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News
Pick n Pay considers job cuts
Grocery retailer Pick n Pay is considering cutting 3,100 jobs, equating to 8.5% of its non-franchise sales floor workforce, due to decreased profitabilty.The retailer announced a drop in operating profit of 14.2% to R1.4 billion (£12.5m) at the end of its last financial year ended 28 February.Pick n Pay operations ...
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NewsThorntons like-for-likes fall 10.6%
Thorntons has reported a like-for-like sales decline of 10.6% in its own stores in the eight weeks to June 25.
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NewsMarks & Spencer makes market share gains as sales rise
Marks & Spencer has posted a total sales rise of 3.2% in its first quarter, when it reported market share gains in fashion and food.
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News
Net retail sales increase at X5
Grocery giant X5 said consolidated net retail sales increased by 41% to RUB112.2bn (£2.44bn) in the second quarter of the financial year.The impressive performance was attributable to X5’s supermarket chains, Perekrestok and Pyaterochka which saw sales up 18% on a like-for-like basis. During the quarter, X5 added 138 net new ...
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News
Grocer Albertsons to banish self-checkouts
Grocer Albertsons is to banish self-checkouts from all of its stores in a bid to increase its customer service offer. Due to the costs involved with flooring and conduits, the retailer will be removing the self-checkout lanes relatively slowly, in line with the current store remodelling programme.In some stores, the ...
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NewsMorrisons to sponsor ITV series
Morrisons is to sponsor a new ITV1 TV programme this summer called Born to Shine.
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NewsSainsbury's parts ways with Jamie Oliver
Sainsbury’s has ended its relationship with celebrity chef Jamie Oliver with the Christmas campaign being his final swan song after 11 years.
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AnalysisThe great space race
Supermarkets are opening up new stores at ever faster rates, but is there much space left in the crowded market and are there enough sales to support the growth? Rebecca Thomson reports
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GalleryIn pictures: M-local from Morrisons
Grocer Morrisons today opened its first convenience store as it prepares to chase growth in the fast growing market in which rivals Tesco and Sainsburys have already established powerful positions.
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NewsTesco applies feng shui as it opens Asian retail academy
Tesco has opened a retail academy in South Korea to train its 100,000 staff in Asia – a sign of the increasing importance of the region to the retail giant.
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NewsWeekly sales fall at John Lewis
Sales at department store chain John Lewis tumbled 3.4% last week but the year-on-year comparison was muddied by the timing of its Sale.
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News20 stores a day shut by multiples, report says
Multiple retailers closed 20 stores a day on average between January and May as they slashed costs amid punishing trading conditions.
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NewsWaitrose boss says that impact of food inflation is being overstated
Waitrose managing director Mark Price has criticised figures released this week claiming that food price inflation soared in June
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NewsMorrisons to open first of c-store chain
Grocer Morrisons is due to open the first of a chain of convenience stores in the affluent Yorkshire town of Ilkley today.
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NewsSainsbury's ditches News of the World advertising
Sainsbury’s has become the first big grocer to suspend advertising in the News of the World as the phone-hacking scandal engulfing the tabloid worsened.
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NewsFormer F1 champion opens his own butchers
Former Formula One champion turned butcher Jody Scheckter has opened his first shop in Twickenham.
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GallerySuper markets
Food retail store design thinking says that supermarkets lack character and that if elements of traditional markets can be put into them, all will be well. But is this viable? John Ryan reports
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AnalysisLining up an Olympic opportunity
With less than three months before opening, Rebecca Thomson visits Westfield Stratford as it prepares for the 2012 games to commence
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NewsJudith McKenna promoted to become Asda chief operating officer
Asda has named Judith McKenna as chief operating officer, succeeding Simon King.
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NewsTesco row hits supplier profits
Food giant Premier Foods has partly blamed a proft warning on the delisting of some of its Hovis products by Tesco.