All Grocery articles – Page 159
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NewsAsda full-year like-for-likes inch up as profits fall
Asda’s pre-tax profit shrank 10% last year despite an increase in like-for-likes.
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NewsMorrisons outgrows big four amid May heatwave
Morrisons outgrew its big four rivals during May as warm weather, the royal wedding and the FA Cup final boosted overall grocery sales.
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NewsM&S swerves FTSE 100 relegation as Ocado rises up
M&S has narrowly avoided being relegated from the FTSE 100 despite its share price tumbling after it unveiled a 66% profit drop and 100 store closures.
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NewsShop prices fall in May amid fierce competition
The price of non-food items declined 2.5% in May year-on-year as industry conditions remain challenging and retailers continue to compete on price.
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OpinionOpinion: Tesco should reverse its decision to quit BRC
As the retail industry is convulsed by radical change, it’s vital that it makes its voice heard in the corridors of power while it readjusts.
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AnalysisFailed in the UK: Overseas retailers that got it wrong
As Bunnings calls time on its disastrous attempt to crack the UK, we look at other international retailers that failed to make waves in Blighty.
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OpinionOpinion: Tesco is picking its battles by closing Direct
Thanks to the recent amazing interviews with various ex-Tesco senior directors by George MacDonald of this parish, we learned there is clearly little love lost between ex-boss Phil Clarke and a number of his former colleagues.
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NewsAgenda: B&M, Card Factory and consumer confidence data
Retail Week looks ahead to the next seven days, with updates from B&M and Card Factory, plus the latest consumer confidence figures, all on the agenda.
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NewsTesco terminates BRC membership following Booker merger
Tesco, the UK’s biggest retailer, is cancelling its membership of industry trade association the BRC.
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VideoThe Retail Week: Why couldn't Tesco make money online?
Tesco decided to ditch its Direct business after it saw “no route to profitability”. Why couldn’t the UK’s largest retailer make money online?
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NewsSainsbury’s ushers in new pay deal following consultation
Sainsbury’s has rubber-stamped plans to invest £110m in a new pay deal for staff following a consultation with workers.
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AnalysisMarks & Spencer: Has anything really changed?
Marks & Spencer revealed another year of flat sales and depleted profits this morning, which it intends to address through a nine-point transformation plan.
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OpinionNick Bubb: M&S Food – feeling bloated?
Long suffering Marks and Spencer shareholders may have thought that the Food business could be relied on to deliver the goods, while management got on with the never-ending task of turning around the Clothing business, but now the Food operation is under pressure as well.
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NewsM&S profits plunge as store closures hit bottom line
Marks & Spencer has recorded a slump in its full-year profits despite sales edging up due to costs associated with its store closure programme.
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OpinionOpinion: Ocado-Kroger is testament to UK tech talent
Ocado’s landmark deal with Kroger is testament to the vision of founder Tim Steiner and welcome evidence of the UK’s ability to create world-class digital businesses.
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NewsTesco to shut down non-food website Tesco Direct
Tesco is axing its standalone clothing and general merchandise website after concluding there was “no route to profitability” for the business.
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NewsMarks & Spencer reveals details of more store closures
Marks & Spencer has revealed plans to close another 14 clothing and home stores and cut back Simply Food openings.
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NewsMPs call on May to protect Sainsbury’s staff
A group of 100 MPs have called on prime minister Theresa May to intervene in changes Sainsbury’s is proposing to make to staff contracts.
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NewsTesco exec Hoggett returns to UK in new operations role
Tesco’s Asia boss Tony Hoggett is returning to the UK to take up the newly created role of chief operations officer.
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AnalysisAnalysis: Will Ocado’s US deal put it on the map?
The word “transformative” can sometimes be used loosely in today’s fast-moving retail landscape, but Ocado’s board could be forgiven for such language this week.
