All Grocery articles – Page 577
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News
Colruyt Q1 revenues up 8.5%
Discount grocer Colruyt has posted an 8.5% rise in first-quarter revenue to €1.8bn (£1.5bn).The growth was attributed to an increase in customers and the positive influence of summer weather, supporting the sale of fresh and barbeque-related produce. The group’s retail trade division reported turnover up 7.1% to €1.4bn (£1.2bn).At the ...
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Analysis10 ways Aldi changed retail
Theo Albrecht, who died last week, and brother Karl, created a pioneering grocery model. So what are the secrets of its success?
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NewsSupermarket adjudicator not needed, grocers insist
A supermarket adjudicator is unnecessary, grocers have insisted.
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OpinionWatchdog is bad news, but grocers will cope
It was begun during one administration’s tenure and completed under another’s, but you probably couldn’t tell: the Government response to the consultation on creating a grocery ombudsman - or adjudicator as it is now termed - is classic British fudge.
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OpinionRetail surgery: As a supermarket, how far should we extend our celebrity tie-up when it comes to point-of-sale marketing?
As a supermarket, how far should we extend our celebrity tie-up when it comes to point-of-sale marketing?
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NewsGrocery shares climb defies watchdog news
Food and general retailers alike edged up ahead of the market as the dog days of August got under way. Each continues to lag the All Share index over the year, however.
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NewsMorrisons runs pilot for expanded homewares
Morrisons is piloting an expanded homewares range in the Thornbury store near to its headquarters in Yorkshire under the name Your Home.
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NewsWhole Foods on the lookout for more UK sites
Whole Foods is seeking stores of about 25,000 sq ft to 35,000 sq ft for its next UK shops.
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OpinionMorrisons sets the pace
Morrisons has traditionally been the most shy of the big four grocers towards City analysts, investors and the media. Some believe that has led, in part, to its de-rating.
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NewsTesco launches first transactional mobile app
Tesco is launching its first transactional mobile app next week on mainstream handset Nokia Ovi Store.
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News
Soriana Q2 profits drop 19%
Soriana, the country’s second-largest grocer behind Walmart, reported a 19% drop in net profit in the second quarter to MXP716m (£38m).The slump was attributed to higher financial costs, despite an increase in sales of 6.5% to MXP22.8bn (£1.2bn). This improvement in sales was confined mostly to the central and southern ...
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News
Casino Q2 sales up 8.5%
Grocery giant Casino reported an 8.5% rise in consolidated net sales to €6.98bn (£5.8bn) for the second quarter.Sales in France rose 1.1%, or 0.2% on a like-for-like basis, while international sales jumped 23.6%, or 8.7% like-for-like. Brazil was one of the international highlights, registering a same-store sales increase of 11.3%.Group ...
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NewsNon-food inflation lowest since November 2009
Non-food inflation in July was the lowest since November 2009, slowing to 1% compared to 1.4% in June.
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NewsGovernment moves closer to setting up grocery ‘ombudsman’
The Government has moved closer to introducing legislation to set up a Groceries Code Adjudicator (GCA), its version of what was previously dubbed the ‘supermarket ombudsman’.
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NewsM&S appoints former WHSmith man Alan Stewart as chief finance officer
Marks & Spencer has named Alan Stewart its new chief finance officer.
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NewsSainsbury's launches Facebook campaign
Sainsbury’s has today launched a summer online campaign via Facebook in what is being dubbed ‘Junior Masterchef meets Ready Steady Cook’.
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NewsCo-op to lay off 872 Somerfield HQ staff
The Co-operative Group is to lay off 872 Somerfield staff with the closure of its head office in Bristol by next year.
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NewsBoost for Ocado as Fidelity buys stake
Ocado has been given a boost as it has emerged that Fidelity, one of the world’s largest fund managers, has taken a 13% stake in the business.
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News
Loblaw Q2 sales up 1.2%
Grocery retailer Loblaw has reported that sales rose 1.2% to C$7.3bn (£4.57bn) for the second quarter to June 19. Like-for-like sales declined 0.3%, marking the third consecutive quarter of negative like-for-like growth. Operating income increased 1.9% to C$330m (£207m) while net earnings declined 8.6% to C$180m (£113m)…