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All Grocery articles – Page 348
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NewsRetail sales well above average in September despite grocery fall, says CBI
Retail sales were well above average for the time of year in September as department stores and furniture retailers performed strongly, according to the CBI
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NewsTesco turmoil may hit Christmas trading, City analysts fear
Tesco’s difficulties following Monday’s revelation of a £250m profit forecast overstatement may hit Christmas trading, City analysts fear.
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NewsSports Direct takes £43m put option on Tesco as leading investor cuts stake
Billionaire retail tycoon Mike Ashley’s Sports Direct has agreed a put option covering 23 million shares in troubled grocer Tesco.
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NewsBreakfast briefing: Retail news on Tesco, Zara and Dixons Carphone
Retail news round-up on September 25, 2014: Leading Tesco investor sells shares; Zara’s UK profits fall; Dixons Carphone appoints marketing communications director
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NewsTesco warned it must address damaging company culture
Tesco must address an oppressive company culture that is damaging its business, a source closely connected to the grocer’s leadership team has told Retail Week.
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AnalysisTimeline: Tesco's three months of turmoil
Tesco has had a torrid time in the last three months. Retail Week takes a look at the chain of events that led it to this week’s £250m profit forecast overstatement.
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AnalysisInnovation: What retail's robots of the future could look like
Robots may currently be the stuff of science fiction films but they could be set to revolutionise the retail industry.
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NewsBreakfast briefing: Retail news on Tesco
Retail news round-up on September 24, 2014: Tesco departing finance chief ‘absent’ since April; Auditors warn Tesco’s rivals of accounting fiasco.
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AnalysisAnalysis: Tesco’s Robin Terrell and Jason Tarry profiled
UPDATED: Tesco multichannel director Robin Terrell and clothing boss Jason Tarry have both been handed new roles as part of the grocer’s reshuffle, unveiled on Monday.
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AnalysisTesco in turmoil: Will the grocery ombudsman get involved?
Tesco shocked the City yesterday by revealing it had discovered pre-tax profits for the last six months have been overstated by £250m.
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NewsAsda maintains share growth as Tesco, Sainsbury's and Morrisons suffer declines
Asda remains the only one of the big four grocers to have grown its market share as Tesco, Morrisons and Sainsbury’s suffered falls.
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NewsTesco chairman under pressure after board rejected warnings from auditors
Tesco chairman Sir Richard Broadbent is facing further pressure after it has emerged the grocer’s board dismissed warnings from its own auditor about how it was accounting for commercial deals with suppliers.
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AnalysisTesco profits overstatement: what the analysts say
Tesco has revealed that its expected half-year profit has been overstated by £250m and has launched an investigation. The City has reaced with shock.
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NewsRobin Terrell assumes leadership of Tesco UK as profits investigation launched
Tesco multichannel director Robin Terrell has stepped in to run the flagship UK business as an investigation begins into a profits overstatement.
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NewsInfographic: John Lewis blames warm weather on weekly sales slump
John Lewis blamed the unseasonably warm weather for its sales fall last week, as Waitrose benefitted from it, recording an increase in sales.
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AnalysisAnalysis: 99p Stores targets convenience supermarkets with retail overhaul
The budget retailer 99p Stores is undergoing an overhaul and raising its ambitions, chief operating officer Tony Brown tells Retail Week.
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AnalysisFood hall review: Selfridges Vs John Lewis
Nick Ward, head of creative strategy at Cubo compares the luxuriant offerings of Selfridges and John Lewis’s respective Oxford Street food halls.
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NewsTech & Ecomm Summit: Lockers will become a big part of retail landscape, says Asda ecommerce boss
Asda’s ecommerce boss has predicted that collection lockers will come to prominence and revealed that improving its mobile site is one of its top priorities.
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OpinionComment: Dave Lewis must focus on strengthening the Tesco brand
Tesco’s chief executive Dave Lewis must both revise the basics for the struggling retailer and work out what modern superstores stand for today.
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NewsAugust retail sales increase 'reflects underlying growth' in sector
Retail sales volumes increased for the seventeenth consecutive month in August, rising 0.4% and reflecting “underlying growth” in the sector.