All Grocery articles – Page 637
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NewsGreggs upbeat following strong Easter sales
Bakery retailer Greggs announced this morning that group sales in the 19 weeks to May 9 increased by 5.2 per cent, including like-for-like sales growth of 2 per cent.
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NewsSainsbury’s confident in future as profits rise
Focus on fundamentals and agility in fast-changing trading conditions helped Sainsbury’s notch up an 11 per cent profits rise and fourth consecutive year of like-for-like growth.
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NewsWhistleblower ‘despaired’ about direction M&S taking
The former Marks & Spencer employee who leaked an internal memo to The Times detailing plans to slash redundancy pay did so because he “despaired” about the direction the retailer was taking.
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NewsMorrisons chief executive Marc Bolland’s salary rises 13 per cent
Morrisons chief executive Marc Bolland has been awarded a 13 per cent increase in his base salary to £800,000.
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NewsAldi to create 650 jobs in Ireland
German discount grocer Aldi will create 650 jobs in the Republic of Ireland over the next three years as it continues apace with growth plans.
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NewsTesco stores hit by till computer glitch
Tesco is reported to have been hit by till problems at 67 stores following a glitch caused by its overnight price changes process.
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NewsConsumer confidence falls as unemployment concerns grow
Consumer confidence has fallen nine points since last October, according to figures from the British Retail Consortium and Nielsen.
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NewsFood price inflation falls
Food prices fell 1.2 per cent from March to April and were up 7.6 per cent on the previous year. The year-on-year rise was the slowest increase so far this year, suggesting food inflation may have finally peaked.According to the Verdict monthly Food Price Tracker, year-on-year inflation in April was ...
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OpinionNew era of supermarket loyalty wars?
Tesco has led the charge on loyalty cards. Will its Clubcard relaunch next week win it back customers from competitors Asda, Sainsbury’s and Morrisons?
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NewsJohn Lewis reports steady week
John Lewis has reported a consistent week of trading, with weekly sales down 3.1 per cent.
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NewsTesco invests £150m in Clubcard relaunch
Tesco has invested £150m in the relaunch of its Clubcard next week, allowing customers to double the value of their vouchers.
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NewsSainsbury’s celebrates its 140th birthday with new Bag for Life
The grocer is selling a limited edition Bag for Life for £1 to celebrate its 140th birthday this month.
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NewsAsda pushes into games market by hiring experts
Asda has hired 12 games specialists from rival Gamestation and now defunct distributor EUK to ramp up its gaming business.
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Analysis
Making savings that won’t cost the business
Maximising efficiency and cutting costs in stores can reap huge rewards, but without a considered approach it could be a disaster. Liz Morrell discovers how best to tackle it
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NewsCo-op’s local format helps it secure record results
Co-operative Group has said its local format has helped it report record results, with operating profit before significant items up 11 per cent to £393m.
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News
Kesko Group's first-quarter sales dip
Kesko Group has recorded first-quarter sales dipped 11.4 per cent year-on-year to E2.02bn (£ 1.96bn). The grocer’s underlying operating profit for the quarter fell by more than 90 per cent to E3.4m (£3m), from E36.6m (£32.6). At its food arm sales rose 4 per cent. However, sales at its home ...
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NewsFamily packs pay off for Fresh & Easy
Fresh & Easy’s 40- to 45-ounce family-sized prepared meals are now the six top-selling lines in the 110-product range, vindicating the grocer’s strategy of offering larger pack sizes.
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Analysis
The grocery ombudsman
The Competition Commission has begun a public consultation over proposals to create a grocery ombudsman, but why would one be necessary and who would benefit?
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News
Pre-tax profits at Metro plummet
Pre-tax profits at grocer Metro plummeted almost 50 per cent in its first quarter to e84m (£74.8m). Sales also fell 2.5 per cent to e15.2bn (£13.5bn) in the three months to the end of March.
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NewsRecession ‘will change retail for good’
The recession will fundamentally change retail for good, according to a report from Verdict Research.The report said the retail sector is in the mid-point of a lengthy reform. It said last year will be remembered as the beginning of a substantial contraction of the sector that had become bloated with ...