All Grocery articles – Page 573
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News
Emperia Holding H1 revenues up 5.5%
Polish grocer Emperia Holding reported solid revenue growth of 5.5% to PLN2,832m (£600m) for the first half ended June 30.Net profit amounted to PLN32.4m (£6.9m), up 2.5%.The growth in revenue was driven by a strong performance at its retail stores, whereas revenues from its wholesale businesses grew only marginally. During ...
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NewsOcado sales up 30%, but shares fall in early trading
Ocado has revealed strong sales growth this morning in its first trading update as a quoted company, but its shares fell following the update.
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NewsLidl UK boss steps down
Lidl UK managing director Frank-Michael Mros is understood to have stepped down from his post.
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NewsSir Stuart Rose hints at TV career and defends his record at Marks & Spencer
Marks & Spencer chairman Sir Stuart Rose has hinted of his interest in fronting a Troubleshooter-style business TV show after he stands down from the retailer.
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NewsTesco to launch Nadine Coyle's debut solo album
Tesco has secured the exclusive launch of pop star Nadine Coyle’s debut solo album.
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NewsSainsbury’s Justin King to advise Prime Minister
Sainsbury’s chief executive Justin King is understood to be among the business leaders to become advisers to Prime Minister David Cameron.
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NewsM&S to raise £1m for Oxfam
Marks & Spencer has partnered with Oxfam to create a one day event where customers can donate unwanted clothing into M&S stores to raise £1m for the charity.
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NewsMorrisons considers online food launch
New Morrisons boss Dalton Philips is expected to signal a move into selling food online when he unveils elements of his strategy for the grocer at next week’s interim results.
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NewsMultichannel powers 12% rise in weekly sales at John Lewis
Department store chain John Lewis posted a sales rise of 12.2% to £57.8m last week, driven by a strong online and fashion performance.
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Opinion
Booze Britain
The Scottish government’s plans for a minimum price on alcohol are a useful contribution to the debate on alcohol
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OpinionTesco brings drive-though shopping across the Pond
Tesco’s drive-through shopping service comes as no surprise - Tesco is a great innovator (or very good at borrowing ideas from elsewhere) and we as a nation are following our chums across the Atlantic in expressing a liking for doing things in our cars.
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AnalysisHow the plus-size market is becoming a big deal
With mainstream retailers targeting plus-size and specialists ramping up their offers, how is this expanding market best exploited, asks Joanne Ellul
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NewsTesco denies claims it let town centre decline to secure regeneration plans
Tesco has hit back at claims that it allowed a town centre to become derelict to give it a stronger case for securing approval for a development of its own.
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GalleryTemma Cologne
Temma, in the southern part of Cologne, is the kind of food shop rarely encountered this side of the Channel.
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NewsPromotions at a high as Co-op profits rise
About 40% of products on Co-operative Group’s food stores are on promotion at present - the highest level in recent times.
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AnalysisProfile: Peter Marks
The Co-op chief executive has been through tough times with the business. He tells George MacDonald about the retailer’s renaissance.
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News
Ahold Q2 net sales up 10.8%
Food retailer Ahold saw net sales in the second quarter of 2010 climb 10.8% to €7.1bn (£5.8bn) compared with the same quarter last year, up 4.4% at constant exchange rates.This was positively impacted by business acquisitions in the first quarter, mainly Ukrop’s in the US.
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News
Couche-Tard Q1 profits up 42.2%
Convenience store operator Couche-Tard reported a 42.2% profit rise for the first quarter ending July 18.The retailer also announced it is to acquire 10 stores from US-based retailer Compac Food Stores. The profit rise was attributed to higher merchandise and service sales, strong petrol margins and good cost control.
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NewsTesco joins auction for Carrefour’s Asian shops
Food and hypermarkets giant Tesco is among the 10 bidders for French counterpart Carrefour’s south-east Asian assets.
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NewsOcado shares fall again on analyst comment
Online grocer Ocado saw its share price fall yesterday (August 31) after a leading retail analyst predicted a decline in its market share and questioned its growth strategy.