All Grocery articles – Page 104
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News
Sainsbury’s full-year profits dip, coronavirus prompts grocery sales surge
Sainsbury’s has reported a decline in underlying full-year profits as it plans to incur £500m in additional costs due to coronavirus in the coming financial year.
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News
Waitrose appoints former Sainsbury’s executive as new food boss
Waitrose has appointed a former Sainsbury’s executive to head up its food operation and steer it through the ongoing coronavirus crisis.
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News
Coronavirus: Online grocery shopping to receive huge boost this year due to lockdown
As a result of the ongoing coronavirus pandemic online grocery shopping is expected to grow by more than 30%, according to new research.
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News
Coronavirus: Shop prices plummet at sharpest rate since 2017
Shop prices fell in April at their steepest rate in over three years, exacerbated by non-food, as retailers grappled with the impact of economic uncertainty on consumer confidence and discretionary spending triggered by coronavirus.
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News
Grocery sales soar in April as consumers acclimatise to lockdown
Supermarket sales grew in April as customers spent an extra £524m on groceries compared with last year as the UK settled into life in lockdown.
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News
Ocado opens first Sobeys warehouse as online grocery demand soars
Ocado has opened its first automated warehouse in North America as the online grocer-cum-technology provider presses ahead with progress on its overseas partnerships.
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News
Marks & Spencer secures fresh funding and warns of ‘subdued’ trading
Marks & Spencer has secured fresh funding as it moves to shore up its balance sheet during the coronavirus crisis.
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Analysis
Data: Grocery supply chains stretched by a second wave of stockpiling
As the UK enters its sixth week of lockdown, evidence has emerged of a second phase of consumers stocking up on essential items that may have run low over the last month.
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News
Sunday trading hours to be reviewed to smooth food shopping
Business secretary Alok Sharma has begun a review of Sunday trading restrictions to enable grocers to operate more effectively during the coronavirus outbreak and its aftermath.
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Video
Has retail changed forever? Inside the mind of the post-coronavirus consumer
The coronavirus pandemic has already sparked a seismic shift in the way people behave and shop, but what longer-lasting effects will it have on the retail industry and its customers?
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Analysis
Analysis: How coronavirus forced the Co-op to fix what wasn’t broken
Buoyed by six consecutive years of like-for-like growth, the Co-op could have justly looked forward to another bumper year in 2020. But the coronavirus has forced it to fundamentally rethink a strategy that was reaping rewards.
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News
Sharpest decline in retail sales on record as store closures bite
The Office for National Statistics (ONS) has recorded the steepest decline in retail sales in March since the tracker was launched in 1996.
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News
Co-op warns of £200m coronavirus costs as profits rise
The Co-op has warned that it faces additional costs of more than £200m associated with the coronavirus crisis as it ramps up efforts to “feed the nation”.
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News
Unilever boss: Coronavirus to spark ‘inflection point’ for ecommerce
The boss of consumer goods giant Unilever has warned that the coronavirus crisis will spark an “inflection point” for online food shopping.
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Analysis
The Big Question: Are retailers failing their suppliers if they don’t pay for cancelled orders?
As Asda comes under fire for cancelling clothing orders with suppliers and Primark pledges a further £370m in its supplier support package, are fashion retailers doing enough to support their wholesale partners? Retail Week asks industry experts for their views.
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News
Morrisons offers suppliers discount as thank you for ‘feeding the nation’
Supermarket chain Morrisons has announced it will be giving its farmers a discount on grocery purchases as a thank you gesture for their help “feeding the nation”.
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Analysis
Analysis: Are subscription businesses the big coronavirus winner?
As recipe box business Gousto secures £33m in new funding following a coronavirus-prompted sales boost, Retail Week looks into whether all parts of the subscription market have benefited and whether it will leave a lasting impact on how consumer buy goods
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Opinion
Opinion: Amazon-Deliveroo CMA verdict must spark more collaboration
It was a judgement that should have been reached a long time ago, but one that, given its timing, could carry far greater significance for retail.
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News
Coronavirus: John Lewis Partnership braces for full-year sales slump
The John Lewis Partnership has forecast that its full-year sales decline could double at John Lewis and slide at Waitrose despite the current coronavirus-induced surge in grocery sales.
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Opinion
Opinion: Coronavirus crisis is the time to change supply chain for the better
Ethical Trading Initiative executive director Peter McAllister argues that the coronavirus pandemic shows it is in retailers’ self-interest to ensure high standards throughout their supply chains.