All Grocery articles – Page 679
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News
Booths posts profits jump but stays wary
Upmarket grocer Booths has reported a 32 per cent jump in pre-tax profits to 6.9 million in its full-year results but warned of a “tightening economy”.
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News
Coles and Delhaize launch cut-price formats
Grocers Coles and Delhaize are to launch discount formats as the trend for budget food shopping grows with the deepening global downturn.
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Analysis
Iceland: The show must go on
There was precious little talk of economic woes at Iceland’s Store Managers’ Conference last week – apart from how they are benefiting the retailer. Jennifer Creevy went to find out more.
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News
Retail sales growth slows further
Retail sales volume growth has continued to slow in the three months to September, rising only 0.1 per cent.
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News
Wal-Mart's supplier standards drive could hit profits
Wal-Mart has admitted that its profits could be dented by plans to force Chinese suppliers to meet new quality and environmental standards or risk losing its business.
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News
Verdict: Retailers facing dismal Christmas
Retailers are facing the “toughest trading environment ever” this Christmas according to research company Verdict, which is predicting the second lowest consumer spending growth in a fourth quarter for 20 years.
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News
Scotland: Worst retail sales growth since March 2006
Retail sales growth in Scotland was at its slowest rate in two and a half years in September, as consumer confidence and rising living costs squeezed spending.
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Opinion
Co-op and Morrisons: the IT challenge
The Co-op has finally got the go ahead from the Office of Fair Trading for its acquisition of Somerfield. It will be interesting to see what happens to the two companies’ IT strategies in response.
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News
Morrisons opts for integrated EPoS system
Morrisons is to replace four different EPoS systems with an integrated system from Retalix.
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News
Asda overtakes Primark for clothing sales
Asda has edged ahead of Primark to become Britain’s second-largest clothing retailer by volume.
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News
Co-op gets green light for Somerfield deal
The Co-operative Group's 1.5 billion acquisition of Somerfield has been given the green light by the Office of Fair Trading (OFT).
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News
M&S to axe roles after capital expenditure cuts
Marks & Spencer is to axe dozens of jobs after deciding to scale back its store expansion and refurbishment plans.
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News
Aldi and Travelodge to open on joint premises
Aldi and Travelodge have joined forces to launch hybrid supermarket-hotel developments to serve cost conscious consumers in the downturn.
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News
Retail round-up: October 19, 2008
What the Sunday papers said about the retail sector, including reports on Baugur, Asda, Carphone Warehouse, Debenhams, Ghost, DSGi, Home Retail, Sainsbury's, Game, JJB Sports, Woolworths and Tesco.
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News
London retail sales worst since 2005
Retail sales in London outperformed the rest of the country in September but were still the worst since summer 2005.
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Opinion
Iceland’s motivational culture stands it in good stead
The spotlight is firmly on discounters because of their market-beating growth in the food sector. Yet it should also be noted that frozen food retailer Iceland is outperforming the market, too.
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News
Average household is £14 a week worse off
The average household in the UK is 14 a week worse off than a year ago, according to Asda’s monthly income tracker.
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News
John Lewis posts 4.8 per cent sales slide
John Lewis department stores recorded a 4.8 per cent dip in sales last week as the global banking crisis worsened and the sun came out at the weekend.
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News
Baugur: Food retailers allay concern
Baugur-backed food retailers have insisted that they remain focused on trading despite doubts about the Icelandic investor’s future.
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News
Justin King: bank rescue has begun to restore confidence
Sainsbury’s chief executive Justin King believes the Government’s banking bail-out this week has dramatically “moved the dial” and already started reviving consumer confidence.