All Grocery articles – Page 716
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News
Morrisons: the city ciew
The Northern grocer last week hailed a “profit recovery on track” as interim operating profits surged 57 per cent to 247 million on turnover up 2.8 per cent to 6 billion.
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News
More mixed fortunes as grocers outshine ailing general market
A welter of trading updates brought mixed news. Although retailers such as Game and Dunelm impressed, general retailers remained unpopular.
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News
Co-op sets out to promote best of British as food sales shoot up
The Co-operative Group’s food division is to embark on a drive to push British food products, as it revealed profits and like-for-like sales up sharply for the 28 weeks to July 28.
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News
Former Safeway boss joins UBS
Carlos Criado-Perez, former boss of supermarket Safeway, has joined global investment banking business UBS.
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News
Reliance to lay off 1,000 as opposition to modern retail mounts
Indian giant Reliance Retail is to lay off 1,000 staff in the face of continuing protests by small business owners who fear that the emergence of modern retailers threatens their livelihoods.
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News
Delta Two to meet Sainsbury’s pension trustees
Confidentiality agreement signed as two parties plan information exchange
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News
Delta Two enters talks with Sainsbury's
Sainsbury’s pension trustees have entered into formal talks with Delta Two, the Qatari-backed investment vehicle
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News
Qatari takeover could net Sainsbury's boss £40m
If bid succeeds, Justin King could land mammoth sweetener to stay
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NewsSainsbury’s store managers stand to clean up in Delta Two deal
Sainsbury’s fears an exodus of store managers if it is taken private by the Qatari-backed investment fund Delta Two.
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News
Tesco in line to snap up Italian grocery chain?
City identifies UK giant as potential buyer, as Italian supermarket Esselunga put on market
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News
John Lewis and Waitrose sales still climbing
Own-brand womenswear, furnishings and electronics all strong at department store chain
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Opinion
Northern Rock fiasco a bad sign
The sight of scared consumers queuing up in their thousands to withdraw their cash from troubled Northern Rock might turn out to be almost as bad news for retailers as it was for the bank.Savers have withdrawn about£2 billion, fearful of losing everything despite reassuring statements from the Government and ...
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News
Auchan invests in Portugal as rival sells hypermarkets
Auchan is to plough €600 million ( 414 million) into its Portuguese retail arm amid speculation that it could acquire hypermarkets from rival Carrefour. The French food and general merchandise retailer is set to inject the cash over the next three years as part of a drive to expand its ...
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News
City fears Northern Rock fiasco will erode consumer confidence
Cold weather will be better news for fashion retailers that suffered during the wet summer, but fears mounted that the consumer climate may turn truly arctic. The Northern Rock crisis could be the catalyst for shoppers to snap their purses shut. That fear was reflected in the general retail sector’s ...
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News
Wal-Mart toughens up its toy testing policy
Wal-Mart has demanded that its toy suppliers resubmit testing documentation for existing toys amid the global storm over toys manufactured in China. With the Christmas season approaching, Wal-Mart has taken moves to reassure customers that it is doing everything possible to ensure that the toys it sells are safe. Its ...
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Opinion
Are US consumers ready for Tesco?
Careful planning and promotion will be key to the giant’s success