All Grocery articles – Page 703
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Analysis
Field of dreams
With his radical overhaul of Somerfield finally bearing fruit and a multibillion-pound sale in the pipeline, Paul Mason is on a high. James Thompson finds out why things are looking up for the grocer
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News
Tesco launches menswear online
Tesco has added menswear to its online clothing offer in an initiative that will turn the screws on its value fashion rivals.
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News
Emergency rate cut in US helps store groups outperform at last
The US Federal Reserve’s emergency rate cut – the biggest in 25 years – helped markets rise mid-week and gave store groups a lift.
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News
Selfridges to smash record as luxury market holds firm
The boss of luxury department store group Selfridges has said the business will ride out this year’s economic turmoil after enjoying a record year in 2007.
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News
M&S eyes Somerfield
Marks & Spencer is understood to have expressed an interest in acquiring some Somerfield shops.
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Opinion
Who wins in a Somerfield sale?
The auction of neighbourhood food retailer Somerfield superficially puts the retailer in a position of strength but, in reality, its situation is ambiguous.
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News
Morrisons to maintain pace with ads in 2008
Morrisons chief executive Marc Bolland promised there would be no let-up in ad spend in the next financial year as the Bradford-based grocer delivered market-beating Christmas trading figures.
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News
Sainsbury’s retail director takes sabbatical
Sainsbury’s retail director Ken McMeikan is taking a three-month sabbatical from the grocer.
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News
Carrefour looks forward to ‘breakthrough’ year
Carrefour expects 2008 to be a “breakthrough” year after posting strong sales growth for 2007.
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News
Planet Organic to expand in London
Organic food retailer Planet Organic has signed leases to open two stores in north London.
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News
Musgrave completes store divestment programme
Food group Musgrave has completed the sale of its company-owned UK stores to independent retailers.
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News
Asda backs Government food labelling plan
Asda has backed the Government’s call to introduce a single nutritional labelling system as part of the drive to tackle obesity.
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News
Government to force grocers to simplify food labelling
The Government was today expected to force supermarkets to unify their food-labelling systems in an effort to cut soaring obesity.
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News
Tesco to open department stores
Grocery giant Tesco plans to launch a high street assault with a chain of department store-type shops that would compete with retailers such as Debenhams and Marks & Spencer.
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News
Ahold mulls selling Schuitema stake to CVC
Dutch retailer Ahold is in talks to sell its majority stake in 443-store supermarket business Schuitema to private equity firm CVC.
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News
Asda's interest in Somerfield hots up
Asda is thought to have engaged investment bank Lazard to advise it on a potential 2.5 billion bid for Somerfield, according to The Times .
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News
Morrisons’ Christmas ahead of the pack
Morrisons trounced its supermarket competitors to report a bumper Christmas, when like-for-like sales advanced 9.5 per cent in the six weeks to January 6.
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Opinion
Somerfield bid will likely break it up
One of retail’s worst kept secrets was made official this week, when the private equity owners of Somerfield and investment bank Citi revealed that the grocery chain was being touted around the supermarket industry.
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News
Metro sells Extra chain
German retail and wholesale giant Metro Group has sold its Extra supermarket chain to Rewe Group for an undisclosed sum.