All Supermarkets articles – Page 223
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OpinionRetailers hold firm as Tesco tailspins
George MacDonald has written for Retail Week for more than 10 years, covering various sectors. He is a frequent TV and radio commentator on retail trends and issues.
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News
Magnit reports revenue increase
Grocery retailer Magnit has reported that preliminary consolidated, unaudited net retail revenue increased 42.1% to RUB335.6bn (£6.9bn). The retailer reported strong like-for-like sales growth of 11.1% together with increases of 9.7% in basket and 1.3% in traffic. Supermarkets and neighbourhood stores outperformed hypermarkets with like-for-like growth of 11.6% and 6.7% ...
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NewsAsda boss calls for planning freedom
Asda chief executive Andy Clarke has called on government to simplify planning legislation quickly to create a “turning point” for UK growth.
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NewsMorrisons interest in Iceland fades
Morrisons’ interest in buying Iceland Foods in a £1.5bn bid is fading as the deadline for second round bids approaches.
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NewsTesco enters F&F partnership in Saudi Arabia
Tesco has created a new franchise model to enter Saudi Arabia as it looks to turn its F&F fashion label into a major global brand.
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NewsMorrisons hires White Stuff's Lancaster for key multichannel role
Morrisons has poached White Stuff multichannel boss Alison Lancaster to head up the marketing operation at its non-food online business.
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NewsTesco defends Robbins shares sale
Tesco has refuted allegations that its chief operating officer sold £202,000 of shares in the knowledge the retailer’s stock market value was set to plummet.
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News
Coop (Switzerland) announces preliminary sales
Coop (Switzerland) has announced preliminary sales for its 2011 financial year. Net sales rose 38.9% to CHF27.8bn (£18.90bn) thanks to the full acquisition in January 2011 of TransGourmet, the former 50:50 wholesale and food-service joint venture between Coop (Switzerland) and German Rewe Group. Sales at the retail division fell 0.9% ...
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AnalysisTesco's prospects: The City view
Tesco’s poor Christmas trading update wiped £5bn off the company’s stock market value yesterday in what is being dubbed a ‘Black Thursday’ for retail.
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NewsAsda outstrips rivals over festive period
A mix of advertising, promotions and vouchers brought success for Asda.
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NewsFood retailers slide as sentiment worsens
As the Christmas trading statements started to come thick and fast, general retailers just about held their own against the market.
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OpinionHard work begins as retail fortunes diverge
One “dazzling” week’s trade in December gave the impression that retailers’ Christmases had all come at once.
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AnalysisCo-op Big Deals within Easy Reach
January is always a time for the grocers to focus on deals, and the Co-op has become one of the most vocal this year in a bid to grab spend.
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AnalysisUS discounters turn up the heat in grocery sector
Last week, US-based discount retailer Family Dollar posted a 7.6% increase in net sales to $2.1bn (£1.36bn) on the back of strong growth in the consumables category.
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NewsTesco’s expansion into India undeterred by FDI uncertainty
Tesco has reiterated its commitment to expansion in India despite the false dawn of proposed changes to the rules on multi-brand Foreign Direct Investment (FDI).
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InterviewQ&A: Philip Clarke, Tesco
Tesco group finance director Laurie McIlwee and group chief executive Philip Clarke faced a grilling from the press after the grocer reported its worst Christmas trading for decades today. Clarke talks the Big Price Drop, a move away from large superstores and why the retailer is not crisis. Alex Lawson reports
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NewsFortnum & Mason enjoys record sales
Fortnum & Mason has reported record sales figures despite last year’s UK Uncut “tax avoidance” protests.
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AnalysisMargins: What do retailers need to know?
Many retailers started their Sales early during the Christmas period. What are the implications of discounting on retailers’ margins?
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NewsTesco to close 12 Fresh & Easy stores
Tesco is to temporarily close 12 of its Fresh & Easy stores in the US in the face of harsh of economic conditions.
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NewsSainsbury's reports 'record-breaking' Christmas
Sainsbury’s has reported a “record-breaking” Christmas with non-food and its online business proving particularly strong.