All Grocery articles – Page 607
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NewsRetail sales up in March
The value of retail sales rose by 4.4% in March and 2.2% in volume, according to the Office for National Statistics.
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NewsTesco launches first social networking site
Tesco has launched a social networking site aimed at people taking part in or supporting Cancer Research UK’s Race for Life.
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Opinion
Dry as the Sahara
Terry Leahy was on particularly dry form at the Tesco results today, but the poker face couldn’t mask his pride that Tesco is back on top of its game.
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News
Casino Q1 sales up
Casino has posted a 5.6% first-quarter sales increase, including calendar effects and higher petrol price, to reach €6.61bn (£5.8bn), with a 16.4% jump in international markets and a 0.4% gain in the struggling French market.International operations, which accounted for 36% of sales, showed a sharp acceleration in organic growth during ...
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News
Carrefour to enter Iraqi market
Carrefour has unveiled more details about its entry into the Iraq market.The retailer’s franchise partner in the Middle East, Majid Al-Futtaim, is looking to open its first Iraq store in September at the Family Fun Mall, a premium shopping and entertainment complex soon to open in Erbil in the Kurdistan ...
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News
Aeon to expand The Big hypermarkets
Aeon has announced plans to boost its number of The Big hypermarkets. Aeon currently operates about 30 stores trading under The Big brand name.The company said that it would increase The Big store numbers seven-fold over the next three years, to 200 stores.The group also plans to convert its MaxValu ...
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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?