All Supermarkets articles – Page 236
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AnalysisWalmart joins US grocers opening in ‘food deserts’
Walmart, Supervalu and Walgreens joined First Lady Michelle Obama to announce plans for the opening of hundreds of stores in neglected areas of the US known as ‘food deserts’.
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News
Carrefour Italy inaugurates first Carrefour Planet hypermarket
Carrefour in Italy has inaugurated its first Carrefour Planet hypermarket at Paderno Dugnano in Milan.The store covers an area of almost 140,000 sq ft and uses the concept already developed in France, Spain and Belgium.Together with lower prices, the new store features specialist offers organised by sector, and services including ...
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News
Rewe Group in negotiations with Conad
German grocer Rewe Group is negotiating with Conad about the disposal of large parts of its loss-making Billa supermarket and superstore division in Italy.Besides Conad, Rewe Group’s partner in the Coopernic buying alliance Coop Italia is also reported to be interested in the 190-store network.Billa in Italy recorded a sales ...
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News
Grocery chain Woolworths posts sales increase
Grocery chain Woolworths posted a 4.7% increase in net sales to AUD54.1bn (£36bn) for its financial year ended June 26.Excluding fuel, sales rose 4.1%.Food and alcohol sales increased 4.6% to AUD36.18bn (£24bn) or by 3% on a like-for-like basis.The company said that its price knockdown campaign contributed to this growth.In ...
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News
Indian government panel recommends easing restrictions
An Indian government panel is said to have recommended easing restrictions on Foreign Direct Investment in Indian retail, which could allow international companies to own as much as 51% of multichannel retailers if they invest a minimum of $100m (£61.3m). This would allow retailers such as Walmart and Carrefour access ...
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NewsMusgrave sets up €10m fund for Superquinn suppliers
Musgrave Group has set up a €10m fund to help suppliers who have experienced losses not covered by credit insurance as a result of the receivership of Superquinn.
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NewsTesco to launch £15 bundle Back to School deal
Tesco is to launch a bundle deal on its Back to School clothing for £15.
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NewsWaitrose to launch into fashion
Waitrose is to introduce fashion for the first time at its flagship Canary Wharf store in London.
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NewsSupermarket construction surges 42% since 2008
Supermarket construction has propped up the retail property sector as shopping centre construction contracts.
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NewsSuperquinn directors to be questioned
Superquinn directors may be questioned in the High Court today as the wrangling over the future of the grocer continues.
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AnalysisRetail Week On The Road: Wales and the Southwest
We visit Cardiff, Swansea, Newport and Bristol.
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OpinionThe party is over for the supermarkets
The past five years have been a story of almost unbroken growth for the big four supermarkets. Since the mid-decade recoveries at Sainsbury’s, Asda and Morrisons, general retailers have looked on in envy as the grocers appeared immune to fluctuations in the economy, while everything new that they tried seemed ...
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AnalysisSainsbury’s and Jamie Oliver
The grocer and the celebrity chef are to part company, but how will Sainsbury’s maintain its successful advertising?
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NewsSubdued trading and inflation hits grocers
The latest grocery industry data from Kantar and Nielsen showed inflation-powered sales growth at the expense of volumes.
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NewsNegative food volumes worry for Supermarkets
Grocers face negative like-for-like food volumes for the remainder of the year after a torrid first half when the only uptick came in April with the royal wedding and Easter.
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NewsMusgrave saves Irish grocer Superquinn
Musgrave Group will be catapulted into top spot in the Irish grocery market following its acquisition of Superquinn this week.
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OpinionPrivate equity still has an eye for retail
The £533m acquisition of Jimmy Choo by Labelux is the latest of a stream of retail M&A transactions to successfully complete since the credit markets reopened.
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News
Spar Australia launches new store concept
Spar Australia has launched a new store concept called Jardin Fresh Life. The format has a larger sales area than a traditional Spar, with a strong focus on fresh produce.The first Jardin Fresh Life store displays products in a market-style atmosphere in the 11,625 sq ft space. The shop also ...
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News
Auchan set to more than triple store count
French hypermarket operator Auchan has said that it plans to more than triple its store count in Russia within five years.The retailer aims to be operating up to 150 stores in Russia ranging between 107,640 sq ft and 215,280 sq ft. It said it would probably open more Radouga discount ...
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News
Casino’s board rejects planned merger
Casino’s board has rejected the planned merger of Brazilian hypermarket and supermarket operator Grupo Pão de Açúcar – in which the retailer has about a 40% stake – with French competitor Carrefour.On the back of the news, the Brazilian state development bank said it was pulling its $3bn (£1.9bn) investment ...