All Grocery articles – Page 580
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News
Cencosud acquires Supermercados Bretas for £525.8m
Chilean retailer Cencosud has acquired Brazilian supermarket chain Supermercados Bretas for BRL1.4bn (£525.8m). The chain operates 62 supermarkets, three distribution centres and 10 service stations in central and northern Brazil.The acquisition allows Cencosud to expand its presence to the Minas Gerais and Goias states and consolidate its position as the ...
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News
Carrefour Q3 sales increase 6.7% to £22.4bn
Carrefour has announced that third-quarter sales rose 6.7% at current exchange rates to reach €25.6bn (£22.4bn). Overall like-for-likes increased by 0.1% excluding petrol. The retailer stated that growth was driven by emerging markets and that in the retailer’s difficult home market, encouraging footfall was noticed for its hypermarkets in the ...
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News
Casino Q3 sales reach £6.27bn
Casino’s consolidated net sales rose by a reported 6.5% in the third quarter of 2010 to reach €7.18bn (£6.27bn). Changes in consolidation - mainly the deconsolidation of Venezuelan operations - had a 3.3% negative impact.
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News
Casino Proximité to open 530 new stores in 2011
Casino Proximité, Casino’s convenience store division operating the Petit Casino, Spar and Vival banners has announced that it plans to open more than 530 new stores in 2011. Casino Proximité director Jean-Pierre Lanzetti stated the retailer will be recruiting for 130 Petit Casino openings and 595 franchisees.
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News
Eroski launches private label economy food range
Grocery retailer Eroski has launched a new private label economy food range called Eroski Basic. Consisting of 200 food items, this new private label is similar to Carrefour Discount and El Corte Inglés’ Aliada ranges. Eroski Basic will be sold at all its grocery fascias except the Aliprox franchised ...
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NewsRetail sales rise in September
Year on year retail sales, excluding petrol, rose 3.3% by value and 1.8% by volume in September the Office for National Statistics reported.
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NewsTesco scales back Clubcard rewards to keep double points
Tesco is scaling back the number of Clubcard rewards offered to customers so it can continue to offer double points on their purchases.
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News
Grocer Stokes goes into administration
Family-owned independent grocer Stokes has gone into administration.
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NewsAsda Income Tracker: Families £4 a week worse off in September
Families suffered a £4 a week decline in spending power in September compared with the same month a year ago, according to the Asda Income Tracker.
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NewsRetail theft costs UK stores £4.4bn a year
Retail theft costs UK stores £4.4bn in the year to the end of June, according to a survey of 42,000 European retailers.
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NewsRetailers to enjoy best Christmas since 2007, Verdict forecasts
This Christmas will be the best for retailers since 2007 and sales are likely to rise 1.9% to £85.2bn.
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NewsTesco wins 14-year battle to open store in Norfolk town
Tesco has won a 14-year long battle to open a store in the Norfolk town of Sheringham.
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NewsJohn Lewis sales rise 7.2% in 'most challenging week'
Department store chain John Lewis generated a 7.2% sales rise to £59.5m last week, which it described as “probably the most challenging” of the half-year so far.
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OpinionPrice alone not enough for value specialists
One of the many things we’ll miss about Sir Stuart Rose when he retires next year is the frequency with which he says “value is a function of price times quality”. Never has that been truer than today.
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AnalysisTaking the right approach at store manager conferences
Store manager conferences can be a powerful business tool to motivate as well as reward if the right approach is taken
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AnalysisQuality takes upper hand in value battle
Customers are redefining value and ‘returning to quality’. So what does the future hold for discount retailers?
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NewsM&S urges caution despite increase in sales
Marks & Spencer beat second-quarter sales expectations but chief executive Marc Bolland remained cautious about prospects. Despite Bolland’s wariness, and a rise in costs such as marketing, analysts upgraded their forecasts ahead of a strategic update next month.
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GallerySainsbury’s goes supersize
Sainsbury’s has opened its largest store to date, but does bigger mean more for the shopper? John Ryan visits the new store in Crayford
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NewsGrocers warn on level of promotions
Record amount of goods being sold on promotion but Philips and Brasher warn levels can’t rise higher.
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OpinionHistory repeating itself at M&S
Marks & Spencer chairman Sir Stuart Rose could be forgiven for feeling he is experiencing a bittersweet groundhog day.