All Supermarkets articles – Page 247
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NewsVideo: New Tesco boss Phil Clarke talks about taking up the top job
Tesco’s group chief executive Phil Clarke has sent out a video message on his first day in his new job.
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AnalysisThe start of a new era for Tesco
Phil Clarke has a hard act to follow succeeding Sir Terry Leahy. As he takes over the hottest seat in UK retail, Jennifer Creevy looks at the big issues he faces
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NewsTesco joint venture builds momentum in China
Tesco has signed a new joint venture to create three more Lifespace malls in China, an initiative welcomed by the City as evidence of building momentum in the country.
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NewsAsda hits back at Tesco as price check wars heat up
Asda has hit out against Tesco’s launch this week of an online price checker, arguing that it does not match the “independence and integrity” of the Asda Price Guarantee.
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NewsGrocers angry as UBS slams ‘unfair’ food hikes
Supermarkets could face a competition inquiry because of food price hikes according to investment bank UBS.
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OpinionIf Primark’s suffering, what about the rest?
Even during the worst of the recession, one thing that remained consistent was that Primark continued to power on as if nothing was wrong.
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News
Safeway rakes up £366m net income after loss last year
Grocery chain Safeway reported net income for the fiscal year ended January 1, 2011 amounted to $590m (£366m), compared with a net loss of $1.1bn (£682.4m) reported last year. Sales for the full year edged up 0.5% to $41.05bn (£25.5bn). Excluding fuel, identical store sales declined 2% while like-for-like sales ...
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News
Dansk total revenue up 3.5% to £6.7bn last year
Dansk Supermarked’s total revenue increased 3.5% to DKr59.3bn (£6.7bn) in 2010, while profit after tax amounted to DKr2.22bn (£254m). Turnover in Denmark rose 1.4% last year, and majority owner A P Møller-Mærsk Gruppen said the retailer increased its market share in groceries. Revenue outside Denmark experienced a growth of 8.3%, ...
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NewsSir Terry Leahy checks out
Sir Terry Leahy waved to staff as he left the Tesco head office in Cheshunt, Hertfordshire yesterday.
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NewsJamie Oliver returns in Sainsbury's Comic Relief ad
Celebrity chef Jamie Oliver will star in a new TV campaign for Sainsbury’s encouraging staff and shoppers to get into the Comic Relief spirit.
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NewsMorrisons poised for £1bn share buy-back
Morrisons is reported to be poised to return about £1bn to shareholders when it reveals its full-year results next week.
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NewsSainsbury's teams up with Gok Wan
Sainsbury’s has struck a deal with TV stylist Gok Wan which will see the celebrity design womenswear ranges for its Tu brand.
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NewsSainsbury's and Morrisons outperform, while Tesco and Asda lag
Sainsbury’s and Morrisons outperformed in the latest Kantar Worldpanel figures, while Tesco and Asda were slightly behind the market.
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NewsSupermarkets could face competition inquiry after unjustified price hikes, warns UBS
Supermarkets have been raising food prices faster than inflation in Britain and could face a competition inquiry, according to investment bank UBS.
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NewsSupermarket price comparison iPhone app launches
An iPhone app that allows consumers to compare supermarket deals has been launched by grocery shopping and comparison website My Supermarket.
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NewsTesco launches offensive against Asda
Tesco has today launched an offensive against rival Asda promising to pay shoppers “double the difference” on any products that are cheaper at the Walmart-owned grocer.
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NewsCo-op has store in every postcode with Strand opening
The Co-op now has a food store in every UK postal area after it opened its £1m flagship shop on the Strand, London.
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NewsSainsbury's aims to double Fairtrade business over next 5 years
Sainsbury’s plans to double its Fairtrade business to £500m in the next five years.
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NewsFocus offloads 6 stores to Asda
DIY chain Focus has offloaded six stores to supermarket Asda in a bid to raise funds.
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NewsOcado signs for new distribution spoke in Wimbledon
Online grocer Ocado has signed for a new distribution spoke in south west London with capacity for 14,200 orders per week.