All Grocery articles – Page 717
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News
Tesco invests £25m in sustainable consumption research
Findings to be shared with other retailers
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News
Thorntons posts a profits surge across all channels
Thorntons has reported a 36.5 per cent surge in pre-tax profits to£7.1 million with positive sales growth recorded across all channels in its full year to June 30. The chocolate retailer, which recorded a poor first quarter when like-for-likes sales dropped 3.5 per cent and online sales slumped by 5.1 ...
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Opinion
Are bread price rises a sign of things to come?
A decision by the big four supermarkets to lift the price of bread would not typically cause much of a stir. But last week’s decision by Tesco, Sainsbury’s, Morrisons and Asda to add up to 8p to their own-label and Hovis loaves has effectively fired the starting gun on price ...
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News
Asda hires Marks and Spencer chief to run George brand
Anthony Thompson to join as MD this month
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News
Morrisons hires marketing chief
Angus McIver to join from financial services company Prudential
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News
Whole Foods finally buys Wild Oats after trade row
Organic and healthy food giant Whole Foods Market has finally closed its US$565 million ( 282 million) acquisition of rival Wild Oats Markets this week, after months of delays as federal antitrust authorities sought to block the deal. Whole Foods chief executive and chairman John Mackey said: “We believe the ...
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News
Stores shares on the up as City readies for key updates
The whole stores sector – grocers and general merchandisers – was up last week and beat the All Share index, although general retailers continued to underperform against last year. The rise was driven partly by optimism about particular companies, such as Next (see opposite), as a raft of big retailers ...
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News
Sainsbury's gives Delta Two three weeks
Grocer wants takeover negotiations wrapped up before the end of the month
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News
Tesco outlines mission to up non-food estate
Tesco is gunning to more than double its number of Homeplus non-food stores in the UK. Tesco Homeplus operations director Alison Horner said the UK’s biggest supermarket will add 10 shops to its existing portfolio of seven Homeplus stores. She added that Tesco has identified six new sites, but a ...
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News
Netto sales rise as product and stores refreshed
Netto managing director Richard Lancaster has revealed the supermarket’s profits and like-for-like sales are substantially up this year, driven by enhancements made to its stores and product. Lancaster, who took the helm at Netto earlier this year, said: “Our improved sales performance has been driven by a combination of factors ...
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News
Bank holiday heatwave keeps shoppers off the high streets
The sunny bank holiday weekend delivered a boost to some food and general merchandise retailers, but fashion chains suffered as footfall tumbled on the high street. Garden centre Wyevale found the sunny weather a welcome relief after the deluges earlier in the summer. Chief executive Barry Stevenson said: “We were ...