All Grocery articles – Page 707
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News
Lord Sainsbury moves shares ahead of CGT change
Lord Sainsbury said last night that he had reshuffled his stake in the grocer founded by his family in advance of changes to capital gains tax (CGT) that come into effect on Saturday, according to The Guardian .
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News
M&S to take majority stake in India joint venture
Marks & Spencer is poised to take majority control of a joint venture to be created imminently with Indian powerhouse Reliance Retail.
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News
Tesco halts roll-out of Fresh & Easy
Tesco has halted the roll-out of its US convenience store chain Fresh & Easy, fuelling renewed speculation about its performance on the West Coast, according to The Sunday Telegraph .
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Opinion
Credit crunch won’t dampen grocers’ spirits
Retailers face their toughest year of trading since the early 1990s, as consumer confidence plummets, energy bills soar and house prices stagnate, but the UK's supermarkets do not seem to have read the script.
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News
Asda appoints head of estates team
Asda has hired Janet Bishopp as head of estates to develop and expand the grocer’s portfolio of 352 stores.
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News
Tesco eyes Russia, reports claim
Tesco is understood to be considering opening its first stores in Russia, according to Bloomberg .
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AnalysisAnthony Thompson: High targets for George
Head of Asda’s clothing business Anthony Thompson intends to make George the UK’s biggest clothing retailer by 2011. James Thompson learns how he plans to get back on track
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News
Top grocers hit out at Commission's plans
Asda and Morrisons have hit out at the Competition Commission for its proposed remedies on restrictive covenants and exclusivity agreements ahead of the Commission’s expected final report next month.
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Analysis
What does the downturn mean for retailers?
If any retailer remains doggedly optimistic about consumer spending, it’s time to think again. As Katie Kilgallen discovers, in an exclusive poll by ICM for Retail Week, the facts speak for themselves.
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News
Hiatus for retailers as generalists and food groups defy the gloom
Embattled retailers had a week out of the trenches as the market generally enjoyed some respite from financial turmoil.
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News
Sainsbury’s finance chief warns food prices will continue to rise
Sainsbury’s finance director Darren Shapland warned that food inflation showed no immediate sign of cooling as the grocer posted fourth-quarter growth and unveiled a property joint venture.
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News
Somerfield posts strong pre-Easter sales
Local grocery chain Somerfield has revealed strong like-for-like sales for the 12 weeks to Easter, as it continues its extensive store refurbishment programme.
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News
Thresher Group recruits marketing chief
Thresher Group has hired Superdrug marketer Vibha Hardaker as group marketing director.
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News
Tchenguiz and Apax divided over Somerfield sale
Property tycoon Robert Tchenguiz and private equity group Apax are thought to be at loggerheads over the sale of grocery chain Somerfield, which has attracted only one bid, according to The Times .
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News
Sainsbury’s reveals £1.2bn property deal as sales rise again
Sainsbury’s has posted its 13th consecutive quarter of like-for-like growth and created a 1.2 billion joint venture to develop and improve stores.
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News
Wintry Easter weather lifts shopping centre sales
The wintry weekend weather enticed shoppers into shopping centres and away from the high streets, garden centres and DIY stores this Easter holiday.
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News
Sainsbury’s launches £5 feed the family Jamie Oliver ads
Celebrity chef and serial campaigner Jamie Oliver has joined forces with Sainsbury’s for a drive to feed families of four for 5.
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Opinion
Sainsbury’s fingers in many pies
When Sainsbury’s updates on its fourth-quarter trading next Wednesday, the sector will be scrutinising its figures for more evidence of a wider slowdown in the grocery sector.
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News
Morrisons to open new Southeast distribution centre
Supermarket giant Morrisons is to open a new distribution centre at Sittingbourne in Kent, with the creation of 1,000 jobs.
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News
Retail sales driven by food
UK retail sales were unexpectedly robust for the three months to February, with a 1 per cent rise driven by strong food sales, according to the Office for National Statistics.