All Supermarkets articles – Page 178
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News
Grocery retailer Metro to sell part stake in convenience store
Grocery retailer Metro plans to sell 48.2% of its stake in convenience store operator Couche-Tard to BMO Nesbitt Burns, National Bank Financial and TD Securities.Metro chief executive Eric La Flèche said the company made the decision “given the market value of our holdings in Couche-Tard relative to Metro’s total value”.Following ...
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NewsTesco delists horse meat supplier as it invests in DNA testing
Tesco has delisted the supplier at the heart of the horsemeat controversy as it revealed that it will introduce DNA testing checks to “set a new standard”.
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NewsAsda’s controversial 'sexist' Christmas ad cleared by advertising watchdog
Asda’s Christmas advert has been cleared of allegations of sexism by the Advertising Standards Authority (ASA) after viewers complained it depicted outdated stereotypes of women.
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NewsTesco fights back as sales growth outstrips rivals, Kantar reports
Tesco has matched the wider grocery market growth for the first time since June 2011 and has outmuscled archrival Sainsbury’s, according to Kantar Worldpanel data.
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OpinionComment: What Morrisons could do better
A visit to the refitted Morrisons in Camden on Saturday afternoon was revealing. One morning, in the autumn last year, the suits were out in force admiring the change that had been wrought in the store following a makeover.
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NewsMorrisons enters into new price negotiations with suppliers
Supermarket Morrisons is in negotiations with suppliers about securing better terms just six months after it called them in and asked for discounts.
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NewsTesco begins 'urgent' investigation after withdrawn burgers found on sale after horse meat scandal
Tesco has apologised and launched an urgent investigation after burgers that had been withdrawn from sale as a result of the horse meat scandal were sold to the public.
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NewsAsda income Tracker: Disposable income remains flat in December
The latest Asda Income Tracker has showed that families were no better off than a year ago in December with disposable income remaining flat.
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News
Eroski set to restructure debt
Grocery retailer Eroski has reached an agreement with a group of 22 banks to restructure its debt, postponing to January 2017 the maturity of loans worth e2.1bn (£1.76bn).The new accord will allow Eroski to consolidate its long-term financial position, ensuring stability for the development of future projects.
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AnalysisAnalysis: How retailers took a tumble in the horse meat crisis
The discovery of horse and pig DNA in beef burgers in the UK and Ireland has rocked food retailers. Alex Lawson looks at the checks on the industry and how well the grocers reacted.
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AnalysisAnalysis: Retail 2013 - The year to come in UK retail
Leading UK senior executives reveal their expectations for the next 12 months in our Retail 2013 report in association with Kurt Salmon.
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NewsRetail sales growth slows in January, CBI reports
Retail sales volumes increased at a better than expected rate in January driven by “strong” growth in the grocery sector, but the pace of growth slowed.
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News
Aeon opens first MaxValu supermarket in China
Japanese retailer Aeon has opened its first MaxValu supermarket in China. The new shop is in Guangzhou and Aeon plans to open 30 branches annually from 2014, to reach 200 by 2020.MaxValu supermarkets will primarily sell food and feature mostly local products, with only 5% imported from Japan.Aeon plans to ...
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AnalysisAnalysis: Five reasons why Christine Tacon may prove an astute appointment as Groceries Code Adjudicator
Former Co-operative farming boss Christine Tacon has today been appointed as the first Groceries Code Adjudicator to arbitrate disputes between large supermarkets and their direct suppliers. Retail Week takes a look at why Tacon may be the right woman for the job.
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NewsFormer Co-op farming boss Christine Tacon appointed first Groceries Code Adjudicator
The Government has appointed Christine Tacon, the former head of Co-operative Group’s farming business, to the newly-created role of independent Groceries Code Adjudicator (GCA).
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NewsDutch suppliers implicated in horse meat scandal
The Food Standards Agency of Ireland has implicated Dutch suppliers as the suspected cause of the contaminated beef burgers which contained horse meat sold in UK supermarkets.
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GalleryStore of the week: Food retailer Longo’s flagship, Toronto, Canada
Longo’s is a family owned grocer that operates 24 stores in the Greater Toronto area, and this one, in Maple Leaf Square in the city’s downtown area, is its flagship.
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GalleryStore gallery: Loblaws takes a fresh approach to food retailing
Canadian based retailer Loblaws has turned the conventional supermarket format on its head in its Toronto flagship. John Ryan investigates what they are doing differently.
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NewsAldi posts 'most successful' ever Christmas as sales surge 30%
Aldi has reported its “most successful Christmas” to date in the UK with total sales up 30.1% driven by a strong fresh produce offer.
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OpinionComment: Lessons from the horse meat controversy
The horsemeat controversy has highlighted how crucial it is for retailers to be ready for the unexpected. Here are nine ways to help ride storms successfully.