All Grocery articles – Page 86
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NewsNaked Wines posts sales rise as business improvements bear fruit
Specialist retailer Naked Wines has posted an increase in full-year sales and expects results to be in line with expectations after it beat customer retention expectations.
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InterviewInterview: Farmison founder John Pallagi on bringing farm-to-fork meat to the people
Think of top-quality bread and Le Pain Quotidien might come to mind. When it comes to premium chocolate, Hotel Chocolat and its single-estate treats. But what springs to mind with beef?
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NewsOcado ex-worker ‘forced out’ for raising fire safety issues
Ocado has been ordered to pay a former employee £20,000 in damages after judges ruled his resignation amounted to constructive dismissal.
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NewsAsda finance chief resigns after less than a year
Asda’s chief financial officer John Fallon has quit less than a year after he was promoted by the grocer’s new owners.
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NewsSupermarket shares crash as Tesco’s warning takes effect
The share price of listed supermarkets plummeted yesterday after grocery giant Tesco issued a stark warning on the effects of the cost of living crisis.
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AnalysisAnalysis: How Tesco is tackling retail’s three most ‘significant uncertainties’
Tesco unveiled surging profits as it powered through the pandemic – but there was more than an air of caution as directors presented full-year results.
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NewsData: Inflation hits 30-year high of 7% as fuel and food prices soar
The annual rate of inflation recorded a rise to 7% in the 12 months to March as the cost of living continues to soar.
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NewsMarks & Spencer cuts prices of everyday foods as cost of living climbs
Marks & Spencer has reduced the prices of 60 staple foods in its Remarksable Value range as consumers’ cost of living soars.
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NewsAsda reignites ‘equal value’ row with pay offer to warehouse staff
Asda has reignited a long-running equal pay row after being accused of offering male staff a larger pay rise than female employees.
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NewsSainsbury’s becomes first major grocer to pay both real and London living wage
Sainsbury’s will increase pay for Sainsbury’s and Argos store employees in outer London, becoming the first major supermarket to pay the real living wage and London living wage to all its store workers.
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NewsMorrisons’ new owner offers to sell petrol stations to ease fuel price fears
The private equity owner of Morrisons has offered to sell several of its petrol stations following concerns from the competition watchdog that the takeover could lead to higher fuel prices.
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NewsCo-op targets 50% online growth in challenging year to come
The Co-op aims to notch up 50% online sales growth this year as it bolsters its multichannel operations.
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NewsTesco awards staff biggest pay rise in a decade
Tesco has revealed plans for significant investment in its workers, which will involve increasing hourly pay rates for store and warehouse staff by 5.8%.
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NewsCo-op profits plunge as supply chain disruption takes toll
The Co-operative Group has reported a steep fall in annual profits after its performance was hit by “food supply chain disruption during system transformation”.
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AnalysisDeep dive: How the cost-of-living crisis will hit retailers and their customers
Retail Week explores the impact of the current world crisis on each customer and business and asks what, if anything, can be done.
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NewsPaul Polman: Retailers that fail on climate change are ‘heading to the graveyard’
Former Unilever boss Paul Polman has urged retailers to escape “the rat race of quarterly reporting” in order to drive longer-term change on sustainability.
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Opinion‘After Morrisons’ gloomy update, Tesco will set tone for all of retail next week’
A downbeat trading update from grocer Morrisons raised questions over prospects for other grocers and the retail industry more widely.
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NewsMorrisons’ new owner to sell £500m of grocer’s property portfolio
Morrisons’ new owner Clayton Dubilier & Rice (CD&R) has given the green light to sell off a chunk of the supermarket’s property portfolio.
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OpinionLuke Jensen: ‘It’s time to change the 20th-century grocery model’
A radical rethink of the grocery value chain and long-term investment in labour productivity growth are essential. Tinkering at the margin won’t be enough, argues Ocado Solutions chief executive Luke Jensen.
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NewsExclusive: Sainsbury’s axes 300 roles as it steps up ‘save to invest’ programme
Sainsbury’s is axing hundreds of jobs across three store support centres as it ramps up its cost-cutting drive, Retail Week has learned.