All Supermarkets articles – Page 234
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AnalysisCarrefour hurt as Greeks reduce their grocery bills
The deteriorating state of the Greek economy is exerting a huge impact on the country’s grocery retail scene with international players seeing mixed fortunes.
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NewsRetail bearing up but grocery volumes weak
Although retailers bore the brunt of last week’s riots, the sector kept its head above water despite lagging the All-share index.
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NewsTesco’s Amazon-style site due to launch in January
Tesco is gearing up for the launch in January of its Amazon-style online marketplace offer, which will target customers through previous buying habits and Clubcard data.
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OpinionGrocers must adjust to new consumer mindset
It would be easy to interpret this week’s news from the supermarket world as a sign that the powerhouses of UK retail are floundering.
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NewsOcado co-founder cuts stake in grocer
The co-founder of Ocado and his wife have sold some of its stake in the online grocer, despite shares trading at their lowest level since the group floated last July
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NewsSainsbury’s to trial price match at the till
Sainsbury’s is gunning to win back its least loyal swing shoppers with the trial of a price match on branded products.
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NewsCustomers recognise our quality is improving, says Asda’s Clarke
Asda chief executive Andy Clarke is confident that the grocer’s efforts on quality are being recognised by customers, despite the tough climate taking a toll on its growth.
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Walmart hires investment bank to advise on potential takeover
Walmart has hired investment bank UBS to advise on a potential takeover of Carrefour’s Brazilian subsidiaries, according to reports.Both Walmart and Carrefour have remained tight-lipped about the rumoured takeover, but it is understood that Walmart is assembling a team of expert advisers prior to making a bid.Talk of a takeover ...
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NewsAsda Q2 like-for-likes up 0.5%, but operating income declined due to Netto acquisition
Asda has reported like-for-like sales up 0.5% excluding VAT in its second quarter from April 1 to June 30.
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NewsMorrisons leads big four, while Aldi reports all-time record share
Morrisons was the only one of the big four to grow market share in the latest Kantar figures, while Aldi was the winner overall with growth of nearly 25%.
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NewsMorrisons founder to pay £210,000 fine over share sales
Supermarket veteran Sir Ken Morrison is close to reaching a settlement with the FSA over non-disclosure of share sales.
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NewsAsda to create 7,000 Christmas jobs
Asda is to create 7,000 Christmas jobs as part of a £5m investment in customer service for the golden quarter.
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NewsSainsbury's trials branded price match in Northern Ireland
Sainsbury’s is to take on Asda and Tesco and launch its version of a price match trial in a trial in Northern Ireland.
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NewsAsda guns to open 250 smaller supermarkets
Asda is gunning to open 250 of its smaller supermarkets after racking up sales uplifts of more than 50% in its Netto converted stores.
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NewsAsda expands quality meat offering
Supermarket Asda is to roll-out its Butcher’s Selection range as it seeks to boost its quality offering.
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Grocer Publix reported sales increase
Grocer Publix reported sales rose 5.8% in the second quarter, up to $6.6bn (£4bn), and like-for-like sales up 4.2%. Net earnings rose 9.7% from the previous year to $382.4m (£233.9m).Chief executive Ed Crenshaw said: “I’m proud our good operating performance resulted in another increase in our stock price.I congratulate our ...
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NewsMorrisons appoints Credit Suisse as it mulls Iceland bid
Morrisons has appointed Credit Suisse as its investment banking advisor as the retailer mulls bidding for Iceland.
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NewsResilient retail stocks flagged up as stock markets plunge
Plunging stock markets have created buying opportunities among retailers and prompted brokers to seek out resilient stocks.
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NewsStore stocks bear up despite wave of riots
Despite the wave of rioting, including shop-burning and widespread looting, stores were down but outperformed other stocks in a week when the global markets were undermined by renewed financial fears.
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OpinionTime to stop the supermarket space race
As the realities of both the severity and the length of the uncomfortable squeeze on real incomes and retail sales become more evident, Mary Portas and David Cameron look increasingly like the leading players in a Murdoch-directed horror movie: we can only hope that it doesn’t become a disaster movie.