All Grocery articles – Page 594
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News
Carrefour to sell 40% of Indonesian business
Carrefour has agreed to sell a 40% stake in its Indonesian business to Para Group, a company that already operates more than 300 retail stores.Carrefour said the partnership will generate synergies with Para operations, particularly in financial services, media and lifestyle.Carrefour operates 78 stores in 22 Indonesian cities and plans ...
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News
Auchan revenue up 0.5% in 2009
Hypermarket operator Auchan revealed that consolidated group revenue excluding taxes grew 0.5% to €39.7bn (£35.4bn) in 2009.Group revenue decreased 2.8% in Western Europe due to the economic slowdown. This zone continues to account for more than 76% of the group’s revenue.Revenue grew 12.9% in Central and Eastern Europe and Asia, ...
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News
Carrefour Q1 sales up 5.5%
Carrefour has recorded a 5.5% rise in first-quarter sales to €23.96bn (£21.4bn). French retail sales rose 2.1% due to strong growth from supermarkets, although hypermarkets continued to suffer with like-for-like sales down 1.2%.Western Europe, excluding France, also struggled in the period with like-for-likes down 2.4%. Growth was primarily driven from ...
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OpinionThe land of plenty?
The supermarkets seem to think there’s unlimited opportunity to open convenience stores. But is there?
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NewsTesco tops £3.4bn profits
Tesco has recorded a 10.1% increase in underlying pre-tax profit to £3.4bn in its full year results, in line with City estimates.
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NewsThorntons warns on profits after Easter disappoints
Chocolates specialist Thorntons has issued a profits warning after the crucial Easter trading period failed to live up to its hopes.
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Opinion
Catashtrophe?
The travel chaos created by the volcano in Iceland is a pain, but we won’t be going hungry.
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NewsVolcanic ash hits supermarket supply
The supply of flowers, green beans, mangetout, sugar snap peas and some exotic fruits are under threat as volcanic ash grounds planes destined for the UK.
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NewsRetailers among firms fined £225m for tobacco price fixing
Nine retailers are among 12 businesses fined £225m by the Office of Fair Trading for collusion on tobacco prices between 2001 and 2003.
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NewsAndy Bond to advise Walmart on new international markets
Outgoing Asda chief executive Andy Bond is to advise parent company Walmart on conquering Russia and other new markets when he steps up to the role of chairman.
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NewsOcado launches Android version of mobile app
Online grocer Ocado has launched an application on Google’s mobile phone operating system Android.
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OpinionThe big questions for Andy Bond’s successor
Andy Bond will leave his successor with two big headaches: How Asda can arrest its underperformance and can a food retailer prosper on Everyday Low Prices alone?
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AnalysisWho’s front-runner in retail’s election?
The National Insurance controversy has thrust retail and its leaders into the thick of the general election battle. How will the parties’ policies affect our industry?
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Opinion
Chinos in Leeds
If you’re out in Leeds tonight, keep an eye out for a group of men in chinos and polo shirts.
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News
Fresh & Easy launches EatWell range
Tesco’s Fresh & Easy Neigborhood Market has launched EatWell, a line of 17 new healthy, ready-to-eat prepared meals and sides.The range includes salads, soups, noodle dishes, main courses and other options, with most options selling for $3.99 (£2.46).The EatWell range has been designed to contain fewer than 500 calories in ...
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News
Blue Square seeks majority stake in Dor Alon
Supermarket operator Blue Square is planning to acquire a majority stake in Dor Alon, which operates 168 convenience stores and 183 petrol stations.Blue Square executive chairman David Wiessman said: “The acquisition would combine the retail operations of the company and Dor Alon into one group creating the largest retail group ...
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NewsAsda plans 150 Living stores in bid to be UK’s leading non-food retailer
Asda has confirmed that it is aiming to become the UK’s biggest non-food retailer by growing the number of Asda Living stores fivefold to 150.
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NewsPolitical parties address Asda shoppers
Video messages from the three major political parties addressing Asda’s shoppers have been posted on the grocer’s website today.
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NewsWhole Foods Market revives UK expansion
US organic grocer Whole Foods Market has revived its plans for expansion in the UK as its US business starts to recover from the economic slump.