All Grocery articles – Page 575
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NewsTesco to open drive-through supermarket
Tesco will this week launch the UK’s first drive-through supermarket in Baldock in Hertfordshire.
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NewsNearly half of Woolworths’ stores still empty
Almost two years after Woolworths’ collapse, 40% of the variety group’s stores remain empty.
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NewsNew Marks & Spencer chairman to get £500,000
Marks & Spencer’s new chairman could be paid around 40% less than current chairman Sir Stuart Rose according to reports.
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NewsAsda appoints Sam’s Club vice president as CMO
Asda has appointed Charles Redfield, senior vice president for food and beverage at Walmart-owned Sam’s Club, as its chief merchandising officer.
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NewsSpar sponsors cookery TV series
Spar has sponsored a cookery series called Meals in Moments on Channel Five which will air from September.
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NewsAndy Clarke shifts focus to products as Asda’s sales decline again
New CEO looks to change strategy and customer perceptions as sales slip for second consecutive quarter
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OpinionLow prices alone won’t help Asda’s recovery
Spare a thought for Asda’s new chief executive Andy Clarke. Struggling along without either a trading director or an operations chief, on Tuesday he was put in the awkward position of both parent company Walmart revealing another fall in Asda’s comp sales and Kantar showing it had lost further market ...
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OpinionFocus on food will be key to Asda’s recovery
Spare a thought for Asda’s new chief executive Andy Clarke.
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AnalysisTrading outlook: Who is right, the bulls or the bears?
With uncertainty rife as to retail’s prospects, who is right when it comes to the outlook - the doom-mongering bears or the optimistic bulls? Retail Week puts the arguments for and against
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NewsM&S food sales impress as it takes bigger bite of the market
Marks & Spencer delivered strong food sales growth in the late summer, when it benefited from both shoppers treating themselves during the holiday period and its branded food roll-out.
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NewsWaitrose weighs up convenience store sub-brand
Waitrose is considering creating a new fascia for its convenience stores as it gears up for expansion.
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OpinionCo-operation’s what you need
Collaboration across our industry is resulting in some extraordinary outcomes, writes Mark Price
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News
Grocers face end to restrictive property deals
Grocers will face a clampdown on restrictive covenants under the Groceries Market Investigation (Controlled Land) Order 2010, which came into force last week.
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NewsMorrisons joins value school uniform scrum
Morrisons has launched its first-ever school uniform range this month with a flat price of £2 for any item.
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NewsSales up in July, but food volumes down, ONS says
Retail sales rose 2.9% by value and 2.4% by volume in July compared with the same month last year, according to the Office for National Statistics.
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NewsOcado shares hit new low
Home shopping group Ocado’s shares hit a new low yesterday, and from today the stock can no longer be propped up by Goldman Sachs acting as a trading counterparty.
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News
Delhaize reports mixed H1 results
Grocer Delhaize Group posted mixed first-half results. In Belgium revenues grew 5.5% to €2.34bn (£1.91bn), supported by 4.7% like-for-like growth and new store openings. Alfa Beta in Greece put in another strong performance with a 7.3% increase in revenues to €765m (£627m) and gained further market share.Operations in Romania and ...
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Big C Q2 sales up 2.4%
Casino-owned Big C has announced that retail sales in the second quarter of 2010 were up 2.4% to Bt18.4bn (£370m) compared with the same period last year.Operating profit grew 12.7%, with net profit growing by 15.8% to reach Bt686m (£13.8m), compared with a net profit last year of Bt592m (£11.9m). ...
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Netto plans European expansion
After selling its UK business, Netto plans to aggressively expand in other European markets with a focus on Germany and Poland.The retailer plans to open 20 to 25 stores a year with money earned from the sale of Netto’s business in the UK, which was bought by Asda for €620m ...
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A&P to close 25 stores
Tengelmann-owned grocer A&P has announced that it will close 25 stores in five US states in a move to stabilise its ailing business.According to the German company, stores affected include “locations in close proximity to other company stores, those facing real estate and cost issues, and underperforming non-core stores”. This ...