All Grocery articles – Page 813
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Instability woes put investors off Russian market
Western retailers are avoiding investing in Russia in favour of other more attractive markets, according to the boss of one of the country's largest supermarket chains.
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Delhaize takes bite of US with Victory purchase
Belgian retailer Delhaize has strengthened its US presence with the acquisition of Victory Super Markets for US$175 million ( 96.5 million).
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Sainsbury's food store will serve new Milton Keynes development
Sainsbury's is to develop a city centre food store in Milton Keynes, Buckinghamshire, as part of a major development planned by English Partnerships to kick-start the new generation of development.
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Oxford St gets Simply Food
M&S Simply Food is to open on Oxford Street in London. It has taken three units totalling 2,900 sq ft (270 sq m) at the West One shopping centre above Bond Street tube station. Jones Lang LaSalle (JLL) is the letting agent on behalf of Orchard Street Investment Management. JLL ...
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False weights are threat to US consumers
US retail food product weights are outstripping the amount declared on labels by as much as 72 per cent, according to a study published by the American Dietetic Association.
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Ahold's Spanish retail division is sold to Permira
Following months of speculation, Ahold has sold its Spanish retail division to venture capitalist Permira Funds for EUR685 million ( 472.3 million).
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Lidl opens in Slovakia
German discounter Lidl has opened its first shop in Slovakia. The store is in the Bratislava borough of Petrzalka. Lidl, which operates 5,000 stores across Europe, has not revealed how many stores it plans in the country.
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Schwarz tops grocery growth list
German discounter Schwarz Group was the world’s fastest-growing grocery chain last year.
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Russian plans for Media Markt
Metro is considering taking its Media Markt electricals chain to Russia, and views the country as one of its five biggest priorities over the next few years.
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Ahold’s Euronext spat
Ahold expressed disagreement with a Euronext decision to give the Dutch retailer a serious written warning regarding violations of Euronext rules on press releases. The warning related to difficulties that emerged at Ahold early last year.
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Grocery giants push for single global RFID tagging standard
Tesco, Wal-Mart, Kraft, Nestle and a raft of other companies have launched the EPCglobal standard, designed to speed up the development of RFID.
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Sainsbury’s counts the cost of IT strategy in poor sales report
Sainsbury’s fourth-quarter trading statement gives an inkling of how its business transformation programme has taken hold so far.
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Carrefour joins Intel to push for RFID standard
Intel has signed three of Europe’s largest retailers - Metro, Tesco and Carrefour - to help it push through the Electronic Product Code (EPC) standards at the heart of RFID tagging across the continent.
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Monster supermarket to anchor MK Dons ground
Milton Keynes Council has granted planning permission for what is thought to be Britain’s largest supermarket.
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Sainsbury’s chief fleshes out 10-year Accenture IT agenda
In an exclusive interview with Retail Week, Sainsbury’s chief information officer Maggie Miller explained the reasons behind the three-year extension of the retailer’s outsourcing deal with Accenture to 10 years.
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Tesco heads east with Japanese c-store takeover
Tesco has pushed into the Japanese market by acquiring convenience store retailer C Two-Network for£139 million.
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Asda helps fund Milton Keynes stadium
Asda is to develop another 9,300 sq m Asda Wal-Mart supercentre in Denbigh, Milton Keynes. A planning application has been lodged as part of the Stadium MK project, which will include a 30,000 seat stadium to house the Wimbledon soccer franchise, which is relocating to Milton Keynes. In ...
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Asda grows portfolio by 10 stores
Asda plans to add 10 stores to its existing UK portfolio this year, through a mixture of new site acquisitions and redevelopments. The development programme is valued at £360 million.