All Grocery articles – Page 691
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News
Tesco to ramp up banking offer in stores following £950m RBS deal
Tesco is poised to roll out personal finance desks in about 200 of its Extra superstores after buying Royal Bank of Scotland’s 50 per cent stake in Tesco Personal Finance (TPF) for 950 million.
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News
Tesco: The city view
Tesco’s share price fell a little this week, reflecting what analysts said was the “full” price paid for Tesco Personal Finance.
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News
Consumer confidence nosedives
Consumer confidence has plummeted to an all-time low as concerns over the economy and finances take hold.
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News
Retailers rethink business travel
More than half of retailers say they have changed the way they consider business travel out of concern for the environment, a survey has revealed.
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Analysis
Cool in a crisis
When Baugur bought Iceland three years ago it was on the brink and the retailer’s staff were far from happy. Katie Kilgallen finds out how drastic HR intervention helped transform the business.
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News
Carrefour picks new board to streamline management
Shareholders at French grocery giant Carrefour have this week approved the creation of a board of directors to simplify its management structure.
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News
OFT invites comments on Co-op’s Somerfield buy-out
The Office of Fair Trading (OFT) has invited interested parties to lodge comments about the Co-operative Group’s 1.57 billion acquisition of Somerfield.
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News
Asda slashes petrol prices again
Asda has charged ahead in the petrol price war, slashing its prices by 2p for unleaded petrol and 4p for diesel across all of its forecourts with effect from tomorrow.
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News
Asda extends use of Odin brand management tool to non-food
Asda has rolled out Odin’s brand management software to non-food.
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News
Tesco given deadline for decision over Guardian libel action
Tesco must decide by September 15 whether to accept an apology and damages from The Guardian , following the newspaper’s incorrect tax avoidance story, a judge has ruled.
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News
Government responds to grocery inquiry
The Government has responded to the Competition Commission’s inquiry into the UK grocery sector, saying that it will consider establishing an ombudsman itself if the body cannot come to an agreement with grocers.
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News
Wal-Mart crowned world’s largest retailer for 10th year
Wal-Mart has been ranked the world’s largest retailer for the 10th year running, with Tesco named the third biggest, in a report by Planet Retail.
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News
July sales volumes plummet
The Summer Sales have bought no respite for beleaguered retailers as they reported plummeting sales volumes in July.
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News
Government threatens to call time on free plastic bags
Supermarkets have been warned that they must cut the number of plastic bags they distribute by 70 per cent by spring 2009 or be forced to start charging for them.
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News
Qataris raise Sainsbury's stake again
The Qatar Investment Authority (QIA) has raised its stake in Sainsbury’s for the third time in a month.
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News
Tesco buys out RBS in £950 million deal
Tesco has taken full ownership of its Tesco Personal Finance (TPF) financial services, in a move that it says will generate 1 billion in profit from retailing services.
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News
Waitrose opens third market town store
Waitrose opened its latest market town store last week at Brackley in Northamptonshire.
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Opinion
Discounters have a chance to turn shoppers for good
Shoppers are voting with their feet and figures released this week show that consumer spend in discount supermarkets has reached record levels.
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Opinion
The Retail Week – July 25, 2008
The retail market may be volatile at the moment, but this doesn’t explain the extraordinary ups and downs in the official retail sales figures produced by the Office for National Statistics (ONS).
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News
Rose’s dual role under fire again
The backlash over Sir Stuart Rose’s dual role of chief executive and executive chairman at Marks & Spencer faces renewed opposition, this time from the Local Authority Pension Fund Forum (LAPFF).