All Grocery articles – Page 109
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News
Tesco chief financial officer to step down next year
Tesco’s “outstanding” finance boss Alan Stewart will retire from the grocer next year after six years in the role.
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News
Sainsbury’s new boss Roberts reshuffles senior leadership team
Sainsbury’s new boss Simon Roberts has reshuffled his senior leadership team on his first day at the helm.
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News
Pret a Manger to renegotiate rents as it prepares for post-pandemic world
Sandwich and coffee specialist Pret a Manger has drafted in advisers to renegotiate rents as it adapts to the effects of the coronavirus pandemic.
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News
B&M sales surge as DIY and gardening demand spikes in lockdown
B&M has posted a jump in sales during lockdown, driven by “exceptionally strong” performance in grocery, DIY and gardening categories.
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Video
Face time: Gousto CTO Shaun Pearce on why recipe boxes will 'stick around' post-pandemic
With the recipe box market thriving amid the coronavirus pandemic, Gousto has surfaced as one of the winners, securing an extra £33m in funding. Chief technical officer Shaun Pearce talks to Retail Week about the company’s plans and how he sees demand for recipe boxes growing post-lockdown as “online grocery habits stick around”.
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News
McColl’s appoints new chief financial officer as it bolsters board
McColl’s has made new appointments to its executive and non-executive board including Giles David as chief financial officer.
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Interview
Leaving in lockdown: Mike Coupe’s final interview
On the eve of his departure, Sainsbury’s boss Mike Coupe speaks exclusively to Retail Week about the merger that never was, dodging jail in Egypt and how the grocer has been transformed by Covid-19.
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News
Costcutter climbs into the black as it hails ‘one of its best-ever years’
Convenience store group Costcutter has seen its profits climb into the black on the back of a surge in sales of fresh produce in what it described as “one of its best-ever years”.
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Analysis
Analysis: Has coronavirus called a halt to Aldi’s growth?
The relentless rise of Aldi over recent years has been one of grocery retail’s enduring success stories. The value giant, like rival Lidl, ate into the market share of mainstream grocers as consumers gorged on its low prices and tightly curated range.
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Analysis
Retailer sentiment improves as store reopenings near
Retailers have become more optimistic about how long the coronavirus pandemic will disrupt business as they prepare to reopen stores at the start of next month.
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News
Grocery sales rise as online shopping gains ground
Sales of take-home groceries have surged and food retailers’ online growth reached new heights, the latest grocery market share data has shown.
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News
Morrisons to open first standalone clothing and homewares store
Supermarket chain Morrisons is set to open its first standalone clothing and homewares store in a bid to increase sales of its Nutmeg label.
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Opinion
Opinion: Will new direct-to-consumer wave outlast pandemic?
As the health emergency forced the world into lockdown, businesses adapted as fast as they could to cater for cooped-up customers and create alternative revenue streams.
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Opinion
Opinion: No-deal Brexit would be a greater challenge for grocers than coronavirus
UK grocers and the food supply chain have stood tall and fed the nation during the coronavirus pandemic, but a no-deal Brexit in January could be a crisis too far.
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Analysis
Deep dive: Can M&S become the nation’s favourite shop again?
Marks & Spencer is often referred to as the nation’s favourite retailer, a stalwart of the British high street that has clothed and fed families for generations. But M&S has been floundering for almost two decades as its clothing offer fell out of favour and it was usurped by younger, cheaper rivals such as Zara and H&M. The retailer has gone from turnaround plan to turnaround plan since 2000, but time is starting to run out.
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Video
Face time: Ocado’s Luke Jensen – how Covid-19 is shaping the future of ecommerce
Ocado Solutions chief executive Luke Jensen discusses how the business is “reinventing” how it works, its race to increase capacity and the future of online grocery shopping across the globe.
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News
Tesco, Sainsbury's and Co-op win ATM business rates legal dispute
A number of supermarkets including Tesco, Sainsbury’s and the Co-op have won a legal ruling on whether they should be liable for business rates on cash machines located on their premises.
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News
Marks & Spencer profits tumble as coronavirus hits bottom line
Marks & Spencer has reported falls in group sales and profit before tax, largely blaming the ongoing coronavirus pandemic for burying green shoots of promise.
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News
Fortnum & Mason to reopen food departments tomorrow
Landmark London store Fortnum & Mason is to begin a phased reopening tomorrow when it will come out of coronavirus lockdown.
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News
Asda sales jump during lockdown but profits dip
Asda has posted an increase in revenues during the first quarter of parent company Walmart’s financial year, driven by increased grocery sales during the coronavirus crisis.