All Grocery articles – Page 562
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News
ICA operating profuit up 7.8% to £281.3m
Ahold’s Scandinavian division ICA’s full-year operating profit reached SEK2.92bn (£281.3m) in 2010, an increase of 7.8% on 2009. The retailer’s net sales for the full year amounted to SEK93.86bn (£9.04bn), down 0.8%. At constant exchange rates net sales rose 0.9%.In 2011, ICA will “have a laser-like focus” on its disappointing ...
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News
Woolworths H1 sales up 9.8%
Upmarket food and clothing retailer Woolworths reported group sales grew by 9.8% year-on-year in the first half ended December 26, 2010, along with positive margin development after more effective cost control. Pre-tax profit increased by 22.1% during the period. Food sales grew by 11.8%, while clothing sales were up 11.5%.In ...
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NewsMarks & Spencer hires Inditex man to lead international expansion
Marks & Spencer has drafted in Inditex director Jan Heere as its international director.
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Opinion
Super(market) Tuesday
The top three grocers were all in action yesterday, and it promises to be a fascinating few months for the food sector
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NewsTesco close to buying Polish chain
Tesco is understood to be close to buying Polish retail chain Zabka from private equity firm Penta Investments.
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NewsTesco creates t-shirt for Climate Week
Tesco has teamed up with designer Eley Kishimoto to create a T-shirt for Climate Week in aid of the Environmental Justice Foundation.
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NewsAsda claims 'outperformance' as sales and profits rise
Grocery and general merchandise giant Asda has claimed a “return to market outperformance” after sales and profits rose.
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NewsShoppers expecting food prices to rise, says IGD
Most shoppers are expecting food prices to rise and are actively seeking out value to cope with it, according to IGD’s latest research.
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NewsBRIC countries in top five grocery markets by 2015
Brazil, Russia, India and China are set to be ranked in the top five grocery markets for the first time by 2015, research has claimed.
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AnalysisLaura Wade-Gery
With bold ecommerce growth on the agenda it’s little wonder Marks & Spencer has poached Tesco’s online pioneer to work her magic.
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AnalysisFood fights as inflation pits grocers against suppliers
Who pays for the rising cost of food? It is becoming a growing source of contention between supermarkets and their suppliers around the globe.
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OpinionRetail in the community
Retailers can inspire change by putting something back into local communities, says Mark Price
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NewsJJB troubles highlight sector-wide problems
General stores once again lagged the All-Share index as the sector’s problems were put centre stage by JJB’s plans for a second CVA.
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NewsPortfolio shake-up and sharper promotions planned at Thorntons
Thorntons’ new chief executive Jonathan Hart has begun a strategic review of the chocolatier that will reshape its property portfolio and emphasise its “uniqueness”.
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NewsMorrisons to send top managers on cricket coaching course
Morrisons chief executive Dalton Philips is to send his top managers on cricket coaching courses to help them improve their management skills.
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NewsTesco poised to be fastest growing global retailer
Tesco is set to be the fastest growing retailer of the global grocery top four, according to research house IGD.
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OpinionMorrisons leaps into etail age
Supermarket group Morrisons’ acquisition of online specialist Kiddicare looks like an inspired deal.
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News
Whole Foods Market Q1 sales up 14% to £1.87bn
Whole Foods Market has reported sales for the first quarter ended January 16 increased 14% to $3bn (£1.87bn), with like-for-likes soaring 9.1%. Operating income, meanwhile, rose 44.1% to $147.6m (£92.1m) during the quarter.The retailer also announced plans to open wellness clubs at five of its US stores. The clubs, which ...