All Grocery articles – Page 614
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NewsSainsbury’s like-for-likes up 1.7% in Q4
Sainsbury’s like-for-likes rose 1.7% excluding fuel in the 11 weeks to March 20, which was in line with the retailer’s own expectations.
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News
South Africa Woolworths launches own-label range
Woolworths has launched an own-label range called Woolworths Essentials.The range features core products across all food departments, as well as household cleaning products and toiletries. Launched in mid-March, the offer will grow to almost 200 items by the end of May 2010. The products will sell at prices up to ...
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News
Metro Group sales down 3.6%
Metro Group has reported a 3.6% sales decrease to €65.5bn (£59bn) in 2009.EBIT before special items declined 8.9% to €2.02bn (£1.82bn). In Germany, group sales declined 0.6%, while overseas sales declined 5.5%adjusted for negative currency effects, international sales increased 0.7%. In Asia and Africa, sales increased 4.8%. The group has ...
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News
Rewe Group sales up 2.7%
Germany’s second-largest grocer Rewe Group generated group sales of €50.9bn (£45.4bn) in 2009, up 2.7% on the previous year.The growth was mainly achieved through acquisitions and expansion, as store numbers climbed 5% to 15,453 outlets. In Germany, sales grew 2.6%, while overseas operations grew 2.9%.The Penny discount division, present in ...
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AnalysisIs management shake-up just the start for Metro?
Metro Group has announced a shake-up of its leadership and unveiled a new corporate logo ahead of its 2009 results conference.
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NewsRetail sales grow for second consecutive month
Retail sales have grown for the second consecutive month, and growth is expected to continue at a similar pace through Easter, according to the CBI Distributive Trades Survey.
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Opinion
This is not just consigned to the dustbin
A big day for M&S today as the legendary “this is not just…” food advertising slogan has been consigned to history.
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NewsOcado narrows operating losses as sales rise
Ocado has narrowed its operating losses and increased its gross sales by a quarter to £427.3m in the year to November 29.
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NewsWaitrose's Delia and Heston ads break on Sunday
Waitrose’s debut ad starring celebrity chefs Delia Smith and Heston Blumenthal will break at lunchtime on Sunday.
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NewsSir Stuart Rose under fire over new pay package
Sir Stuart Rose faces yet more criticism as analysts and Marks & Spencer investors raised concerns over the salary he will receive when he moves to a non-executive position in July.
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NewsFormer Baugur boss to launch low-cost supermarket in UK
Former Baugur executive chairman Jon Asgeir Johannesson is plotting to launch a low-cost supermarket called Best Price in the UK.
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AnalysisRichard Jones: Can he make Tesco the clothing leader?
Having put non-food on the map at Sainsbury’s, Terry Green’s successor Richard Jones is to head clothing and home at Tesco. Can he make it clothing market leader?
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NewsSir Stuart Rose to stand down from M&S in March 2011
Marks & Spencer chief executive Sir Stuart Rose will leave the retailer next March, earlier than he was obliged to.
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NewsCo-op reports bumper profits, lifted by Somerfield acquisition
The Co-operative Group has reported underlying operating profits up 20% to £473m, buoyed by its acquisition of Somerfield.
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NewsOcado to float after general election
Home shopping group Ocado has signalled its intention to launch an IPO after the general election.
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OpinionOld pilots never die...
Why is is that experimental formats are allowed to stagger on and not put out of their misery?
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NewsSainsbury's bonus payouts to be brought forward
Bonus payouts for Sainsbury’s staff are to be brought forward to beat the introduction of the new 50% tax rate.
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NewsCentral London retail sales up 9.9% in February
Central London retail sales in February were 9.9% higher on a like-for-like basis than a year ago according to British Retail Consortium figures, suggesting that low January sales were a blip caused by the snowy weather.
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AnalysisRetailers must make their own luck in 2010
There won’t be a double-dip recession, Retail Week Conference delegates heard, but this year will be bumpy.
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News
Casino posts £23.8bn net sales
Casino reported €26.75bn (£23.8bn) net sales for 2009 - a 1.2% decrease against the previous year. Trading profit slid to 4.5% to €1.21bn (£1.1bn) on the previous year. In France, sales declined by 3.8% on an organic basis, or 2.7% excluding petrol. Meanwhile, Casino’s online general merchandise business Cdiscount reported ...