All Supermarkets articles – Page 114
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InterviewInterview: Aldi bosses on how the discounter is shaking up UK grocery
Aldi’s disruptive model has led to an historic structural shift in grocery. And it’s only just getting started.
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NewsSupermarkets face 'harsh reality' as spend drops 1.6%, Nielsen reports
Spend at the UK’s five biggest supermarkets fell 1.6% year on year in September as Tesco recorded the biggest fall in sales in the last 12 weeks, according to Nielsen.
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AnalysisAnalysis: Why Sainsbury's has cut prices and changed Brand Match
Sainsbury’s has stopped comparing branded goods prices with Tesco and slashed prices, but will it be enough to stop customers switching to Asda and discounters?
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NewsTesco former finance director McIlwee to get £1m payoff next week
Tesco’s former finance director Laurie McIlwee is to receive a £1m payoff next week despite an investigation into the £250m black hole in its profits.
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NewsSainsbury's cuts thousands of prices and focuses Brand Match on Asda
Sainsbury’s is lowering the prices of products across grocery, in the first move on price that new boss Mike Coupe has made since taking over.
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NewsTesco executives could be hauled before MPs over profit error
Tesco executives could be questioned by MPs about its overstated profit forecast, chairman of the Parliamentary Business Committee Adrian Bailey said.
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NewsSainsbury’s axes Tesco from Brand Match and targets Asda as “value benchmark"
Sainsbury’s is to remove Tesco from its Brand March price comparison scheme from next month as it targets its efforts against Asda instead.
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AnalysisInternational analysis: How Primark could build an American empire
The lucrative US market offers rich rewards for UK retailers that can crack it. Retail Week looks at whether Primark might be one of them
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NewsTesco warned it must address damaging company culture
Tesco must address an oppressive company culture that is damaging its business, a source closely connected to the grocer’s leadership team has told Retail Week.
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AnalysisTimeline: Tesco's three months of turmoil
Tesco has had a torrid time in the last three months. Retail Week takes a look at the chain of events that led it to this week’s £250m profit forecast overstatement.
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NewsBreakfast briefing: Retail news on Tesco
Retail news round-up on September 24, 2014: Tesco departing finance chief ‘absent’ since April; Auditors warn Tesco’s rivals of accounting fiasco.
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AnalysisAnalysis: Tesco’s Robin Terrell and Jason Tarry profiled
UPDATED: Tesco multichannel director Robin Terrell and clothing boss Jason Tarry have both been handed new roles as part of the grocer’s reshuffle, unveiled on Monday.
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AnalysisTesco in turmoil: Will the grocery ombudsman get involved?
Tesco shocked the City yesterday by revealing it had discovered pre-tax profits for the last six months have been overstated by £250m.
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NewsTesco chairman under pressure after board rejected warnings from auditors
Tesco chairman Sir Richard Broadbent is facing further pressure after it has emerged the grocer’s board dismissed warnings from its own auditor about how it was accounting for commercial deals with suppliers.
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NewsTesco persuades M&S to release CFO Alan Stewart early amid accounting crisis
Tesco’s new chief financial officer, Alan Stewart, will join the grocer today after a deal was struck with Marks & Spencer to terminate his contract early.
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NewsBreakfast briefing: Retail news on Tesco, M&S and Dixons Carphone
Retail news round-up on September 23, 2014: Tesco strikes deal with M&S to get Alan Stewart on board early, Sir Richard Broadbent undert pressure to quit as Tesco chairman, Dixons Carphone proceeds with plan to buy 50 to 100 Phones 4u stores.
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AnalysisInternational analysis: Click-and-collect finally gains momentum in US grocery
The click-and-collect trend is finally gaining momentum among America’s largest grocers.
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NewsAmazon beats Apple and Argos to top online retailer crown, says IMRG
Amazon fended off competition from Apple and Argos to claim the top spot in a ranking of the retailers with the most online traffic, according to figures from IMRG.
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NewsTesco discloses £250m overstatement of profit forecasts
Tesco has revealed that expected profit forecasts for the first half of this year have been overstated by £250m and has called in accountants and lawyers to investigate.
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NewsInfographic: John Lewis blames warm weather on weekly sales slump
John Lewis blamed the unseasonably warm weather for its sales fall last week, as Waitrose benefitted from it, recording an increase in sales.