All Grocery articles – Page 21
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News
John Lewis to return to profit this year, chair Sharon White reveals
John Lewis Partnership chair Dame Sharon White has said that the retailer will return to profit this year.
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News
Competition watchdog investigates supermarket loyalty schemes
The Competition and Markets Authority has started a probe into grocers’ loyalty pricing schemes as part of its work to address cost-of-living pressures in food retail.
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Opinion
‘The Tories have a major problem with business and Walker’s defection proves it’
The Iceland boss’ damning indictment of the Conservatives and endorsement of Labour may be polarising in and of themselves, but it highlights the depth of the government’s business troubles as it limps into an election year.
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News
Poundland promises third-party deals in new general merchandise ranges
Poundland is looking to add new general merchandise ranges “much more regularly” as it continues its transformation.
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News
Morrisons takes stake in MFG as it offloads petrol stations
Morrisons and Motor Fuel Group (MFG) have entered an agreement whereby the former will take a £2.5bn minor stake and the latter will acquire 337 of the grocer’s petrol stations.
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News
Government ‘won’t turn away’ fruit and veg at Brexit border
With new Brexit checks on food imports to begin later this week, the government has been telling retailers it won’t turn away products over incomplete paperwork.
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News
Asda auditor EY quits in latest blow to Issa brothers
Grocery giant Asda’s auditor EY reportedly resigned last year, despite the exit not being disclosed, in the latest blow to co-owners Mohsin and Zuber Issa.
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Analysis
Last Christmas: What can the festive period tell us about the retail year to come?
With another golden quarter over, Retail Week unpicks the key trends surrounding Christmas 2023 and looks at what they might mean for the year ahead
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News
Lidl to invest £70m to support British veg farmers
Discount supermarket Lidl has revealed plans to invest £70m in long-term contracts as part of its commitment to support British vegetable farmers.
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News
UK fruit and veg prices set to rocket this spring
The price of fruit and vegetables in the UK is predicted to rise when new post-Brexit import controls are introduced in the spring.
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Interview
Discount Dragon: Meet the pureplay brand setting the value sector alight
Emerging as a new player in the value market, Discount Dragon is striving to guarantee Brits a bargain. Boss Martin Higginson is co-founder and CEO of parent company Huddled.
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News
Marks & Spencer names new digital and international bosses
Marks & Spencer has appointed two executive directors to lead its digital and overseas operations.
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Opinion
‘Walmart’s closing its tech incubation hub – and that might be a good sign’
On the face of it, shutting down a technology incubation unit, as Walmart is doing, looks a bit Jurassic Park in its thinking.
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News
Morrisons to sell petrol forecourts in £2.5bn deal
Grocery giant Morrisons is on the brink of sealing a £2.5bn deal with CD&R-owned Motor Fuel Group to sell its petrol forecourts.
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News
Lidl rewards hourly paid staff with pay hike
Lidl has announced a further £37m investment in staff pay, which will see 26,000 hourly paid colleagues receive the “highest rates of pay” in the sector.
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News
Morrisons scraps four-day week at head office
Supermarket chain Morrisons has scrapped its four-day working week following complaints from office staff forced to work at the weekend.
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News
Sainsbury’s and M&S unveil fresh price pushes
Grocery giants Sainsbury’s and Marks & Spencer have today unveiled fresh investments in price as the two look to build on strong food performance over Christmas.
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News
Virgin Wines hails ‘good Christmas’ as sales and profitability jump
Virgin Wines has hailed a strong Christmas trading period, reporting increases in both total revenues and profitability and maintaining its full-year profit guidance.
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News
Sainsbury’s boss backs law change to deal with spiralling retail crime
Sainsbury’s boss Simon Roberts has said that abuse and physical attacks on Sainsbury’s staff have “escalated through last year” and backed calls for changes in the law to protect shopworkers.
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News
John Lewis staff could face smaller pay rises
John Lewis staff have been informed they face the prospect of smaller pay rises under new proposals being considered to give the business more flexibility as its turnaround continues.