All Grocery articles – Page 92
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NewsGovernment appoints cost-of-living tsar as inflation climbs
The government has appointed Just Eat founder David Buttress to work with companies including grocers to support consumers as the cost-of-living crunch bites.
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DataRanking: Retailers leading in operational excellence, according to industry experts
Fifty UK senior retail professionals have named the brands they rate most highly for supply chain success in Retail Week’s Chain Reaction report.
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NewsMorrisons increases basic pay for all UK staff to £10.20 an hour
Morrisons has increased its base pay rates for frontline staff to £10.20 an hour across the whole UK, making it the highest-paying supermarket in the country.
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NewsPoundland parent’s sales and profits rise as UK shoppers rein in ‘essential’ spending
Poundland owner Pepco Group has said UK shoppers are “scaling back even on essential purchases” amid the cost-of-living crunch.
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NewsCD&R clears final hurdle for £7bn Morrisons acquisition
Clayton, Dubilier & Rice (CD&R) has been given the all-clear to complete its £7bn acquisition of Morrisons after the competition watchdog agreed to its offer to sell some petrol forecourts.
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DataPost-pandemic spending bubble bursts as shoppers rein in spending
Retail sales fell last month as consumers’ disposable income came under increased pressure, signalling an end to the post-pandemic boom enjoyed by some retailers.
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NewsPlatinum jubilee drives footfall bounce as grocers report strong trading
The extended platinum jubilee bank holiday was a boon for retail footfall, as some grocers reported strong sales in alcohol and commemorative food products despite the cost-of-living crisis.
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AnalysisAlex Russo: The man stepping into some of retail’s biggest shoes as B&M boss
Taking the helm of a business from an entrepreneurial founder is often a challenge. On top of that, new B&M chief executive Alex Russo is facing volatile market conditions that already mean profits this year are likely to be below last.
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Opinion‘Retailers must be on top form to ensure jubilee is not consumers’ last hurrah’
Retailers – grocers particularly – can probably look forward to a golden few days as the platinum jubilee celebrations take place.
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NewsB&M names new chief executive as profits come in flat
Value giant B&M has promoted chief financial officer Alex Russo to become chief executive and reported flat full-year profits.
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Retail VoiceResearch: how retailers are responding to the global supply chain crisis
Retailers see the global supply chain crisis as a long-term issue requiring long-term change, reveals TLT’s Perran Jervis.
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NewsSainsbury’s commits to £500m price investment as customer concerns grow
Sainsbury’s chief executive has committed the grocery giant to invest a further £500m in lowering prices as customer concern over the cost-of-living crisis increases.
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NewsM&S strikes healthy eating sponsorship deal with national football associations
Marks & Spencer has joined forces with the four UK home nations’ football associations to promote healthier eating.
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InterviewHow the Co-op’s Jo Whitfield is shaping a safer, more diverse sector
As Whitfield is named Retail Activist at the Retail Week Awards 2022, we take a look at her work to change the law around shopworkers’ safety and champion underrepresented voices
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InterviewFrom hotcakes to hoodies – how Roger Whiteside transformed Greggs
Retail Leader of the Year Roger Whiteside oversaw an impressive post-pandemic recovery at Greggs while ‘doing the right thing’ – and he leaves the chain well equipped to conquer London and beyond.
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NewsAsda sales slump against strong comparables as cost-of-living crunch bites
Asda has reported a slump in first-quarter sales against strong like-for-like comparables as the cost-of-living crunch begins to hit consumers.
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Opinion‘No bombast or self-proclaiming, but Steve Rowe leaves M&S transformed’
As Steve Rowe bowed out this week as Marks & Spencer chief executive, he left a business in one respect as he found it – in the midst of radical change.
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NewsWalmart unveils drone delivery scheme for 4 million US households
Walmart’s new drone delivery service, which will be rolled out to six US states, will be available to shoppers by the end of the year.
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NewsM&S ‘fundamentally changed’ as full-year profits climb and sales rise
Marks & Spencer has recorded a strong uplift in full-year profits bolstered by sales increases across both clothing and food, as outgoing chief executive Steve Rowe says the business has “the opportunity for substantial further growth”.
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NewsWorld ‘on the brink of food crisis’ warns IMF boss
The ongoing war in Ukraine and the unprecedented supply disruption has brought the world economy to the brink of a food crisis, warned the International Monetary Fund boss on the first day of the Economic Forum in Davos.