All Supermarkets articles – Page 258
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NewsTesco and Asda market share slips during World Cup
Tesco and Asda’s market share slipped during the World Cup, despite aggressive promotions and an increase in sales growth since June.
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NewsOcado secures 80% of orders for IPO shares
Ocado is understood to have secured orders for about 80% of the shares it is seeking to sell in its flotation.
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NewsOcado hits out against funding fear claims
Ocado advisers have hit out against suggestions that the etailer is facing funding problems.
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NewsSainsbury's sets out tree pledge
Sainsbury’s has set itself the task of planting two million trees over the next five years, as it unveiled its 2010 corporate responsibility report.
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NewsOcado valued at 128p a share by independent analysis
Independent analysis by broker Collins Stewart values etailer Ocado at just 128p per share – 46% below the mid-point it has outlined in its IPO prospectus.
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NewsVuvuzela warning sounded
Shops in the UK selling vuvuzelas could face serious financial consequences because of question marks over the name.
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NewsOcado outlines target depot and delivery efficiencies
Ocado has outlined the delivery and depot efficiencies it is aiming to reach at its Hatfield depot in a bid to maximise profitability.
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NewsHeston Blumenthal to launch new food range for Waitrose
Celebrity chef Heston Blumenthal has developed a range of food for Waitrose customers allowing them to try some of his more eccentric offerings.
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NewsTesco understood to be interested in Carrefour’s Asian operations
Tesco is understood to be among the leading supermarket chains interested in parts of French giant Carrefour’s assets in Singapore, Thailand and Malaysia.
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NewsOcado expects £1.18bn IPO valuation
Home shopping group Ocado has set a price range of between 200p to 275p per share for its IPO and expects a market capitalisation of about £1.18bn.
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NewsOcado to publish prospectus and start roadshow
Ocado is poised to publish its prospectus tomorrow and press ahead with a valuation of £900m-£1bn for its IPO.
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NewsTesco survives shareholder rebellion
Tesco faced rebellion over the pay and bonus packages it allocates to directors at its annual general meeting today with over 37% voting against the approval of the grocer’s remuneration report.
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NewsMorrisons unveils revamped Bradford store
Morrisons has unveiled a new look for its store in Idle in Bradford, which features a concession for clothing retailer Peacocks.
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NewsSainsbury’s ad celebrates British summer
Sainsbury’s today launched its latest advertising campaign with celebrity chef Jamie Oliver, with the first ad aired during breakfast show GMTV.
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NewsTesco under scrutiny over accounting policies
Tesco has come under scrutiny from a leading City analyst over its accounting policies.
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NewsTesco sells log cabins
Tesco already sells most of anything shoppers could ever need and now it is adding flat-pack log cabins to its portfolio.
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NewsAldi invests in solar energy project
Aldi has installed a set of solar panels on the roof of its West Oxford store in a partnership with West Oxford Community Renewables Ltd (WOCR) and solar technology supplier Joju.
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News
Kroger’s profits decline
Grocery retailer Kroger’s net profit declined 14.1% to $373.7m (£251.6m) in the first quarter to May 22. Total sales, including fuel, rose 8.7% to $24.8bn (£16.7bn), while sales excluding fuel increased 3.1%. Like-for-like supermarket sales, without fuel, were up 2.4%. Kroger’s chairman and chief executive David Dillon said: “The total ...
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NewsOne Stop invests in Galleria merchandising system
Tesco-owned convenience chain One Stop is to optimise selling space in its stores using a merchandising system from Galleria.
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NewsSainsbury’s eyes China after management changes
Sainsbury’s is considering entering the Chinese market after revealing its management shake-up.