All articles by James Thompson – Page 14
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News
Thorntons tests formats to take image upmarket
Thorntons is to pilot 10 new-format stores before the end of June in an effort to enhance its premium-brand credentials.
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News
Sainsbury's unveils strong post-bid results
Sainsbury’s posted a rise in profits and sales for the 28 weeks to October 26 – its first results since Delta Two’s bid for the grocer collapsed last week.
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News
Majestic Wine profits up 17% in first half
Majestic Wine has posted strong profits and robust sales for the 26 weeks ending October 1.
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Opinion
Independents stare into the grocery abyss
It’s been a tumultuous week for three of the four big grocers. Tesco opened the doors on its Fresh & Easy stores in the US, Delta Two’s bid for Sainsbury’s collapsed and Asda posted disappointing profits in its 2006 accounts at Companies House.
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News
Supermarkets to face Turkey shortage
Bernard Matthews’ trade union members voted yesterday to hold their first one-day strike over pay on November 15 at the firm’s site in East Anglia .
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News
John Lewis posts disappointing sales
Department store John Lewis posted lacklustre sales in the week to November 3, in a further sign of a slowdown on the high street.
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News
Pressure on King after Qatar bid collapses
Sainsbury’s chief executive Justin King will have to raise employee morale if the grocer is to continue its strong sales momentum of the past three years, following the collapse of Delta Two’s bid for the grocer this week.
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News
John Lewis's sales slow
John Lewis department store posted a lacklustre set of sales for the week ending November 3, in a further sign of a growing slowdown of consumer spending on the high street.
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News
Asda green drive on target to land £120m cost savings
Asda has revealed that its sustainability programme is on track to deliver 120 million of costs saved or avoided over the next five years.
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News
M.Video float will give clear picture of Russia
M.Video has become the first electricals retailer to float on the Russian stock exchange and rivals are expected to follow.
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News
Comet launches online product demo videos
Comet launched online product demonstration videos last week to enhance customer service and improve conversion rates.
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News
Tchenguiz reaffirms commitment to Sainsbury's
Property tycoon Robert Tchenguiz has dismissed speculation that he could sell his 10 per cent stake in Sainsbury’s, despite suffering sizeable losses following the collapse of Delta Two’s bid for the grocer on Monday.
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News
Primark celebrates 20% profit-hike for year
Value fashion giant Primark has posted a sharp increase in profits and solid sales for the year ending September 15.
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News
Delta Two abandons Sainsbury's bid
Qatari investment vehicle Delta Two has abandoned its bid to acquire Sainsbury’s, leading to a sharp fall in the grocer’s share price in early trading this morning.
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News
Relief as competition probe clears grocers
The big four supermarkets breathed a sigh of relief after the Competition Commission failed to land any bruising punches in its provisional findings into the 120 billion grocery sector.
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Opinion
Grocery inquiry is food for thought for big four
A day after the dust has settled on the Competition Commission’s provisional findings report, retail executives at the big four supermarkets have a lot to think about.
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News
Delhaize chief says merger with Ahold has potential
The chief executive of Belgian supermarket group Delhaize has said he would consider a merger with Dutch grocery giant Ahold.
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Analysis
Power surge
Matt Tyson has seen B&Q through some highs and lows in his 20 years at the retailer. But, he tells James Thompson, the latest shake-up is the biggest he’s ever seen.
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News
Sainsbury’s hires buying director for clothes as it steps up non-food drive
Sainsbury’s has promoted a long-serving consultant to the strategically important role of buying and merchandising director for clothing as it seeks to push its non-food sales.