All Grocery articles – Page 590
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News
Whole Foods Market reports net income rocketed 53.5% in Q3
Whole Foods Market reported net income rocketed 53.5% to $65.7m (£41.1m) for its third quarter. Total sales increased 15% to $2.2bn (£1.4bn), while like-for-likes were up 8.8%. Whole Foods also boosted sales through a focus on opening smaller stores. Co-chief executive Walter Robb said: “We know that the economy is ...
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News
Grupo Pão de Açúca to roll out Extra Supermercado fascia
Grupo Pão de Açúcar is to convert 170 CompreBem and Sendas supermarkets to a new fascia Extra Supermercados, by the end of 2011. 16 stores have already been converted, comprising 10 CompreBem in São Paulo and six Sendas in Rio de Janeiro.The retailer plans to convert 61 stores by the ...
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News
SM Investments' records retail division profits up 25% to £39m
Supermarket and department store operator SM Investments reported its retail division’s profits were up 25% to PHP2.8bn (£39m) in the first half. The growth was attributed to increased operational efficiency and economies of scale resulting from expansion. Total sales were up 12% to PHP63.4bn (£883m). President Harley Sy said: “We ...
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Opinion
Of mice and Morrisons
Blocking the development of a supermarket because of dormice shows that the planning system really isn’t working.
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NewsSir Terry Leahy tipped to take over FA
Speculation is growing that Tesco chief executive Sir Terry Leahy is in line to become chairman of the FA.
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NewsTesco seeks planning permission for ‘green’ DC
Tesco has submitted a planning application for a new regional distribution centre on part of a former Ford site in east London.
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NewsJohn Lewis first-half sales growth of 15% unlikely to be sustained says Andy Street
Sales at department store chain John Lewis rose 14.9% in the first half, or 12.6% excluding VAT.
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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 ...