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All Grocery articles – Page 387
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NewsOcado’s departing co-founder Jason Gissing sells shares worth £15m
Ocado’s departing co-founder and commercial director Jason Gissing sold three million shares in the online grocer the day he revealed his retirement.
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OpinionComment: Look beyond losses to see Ocado’s success
The ongoing scepticism from certain quarters about Ocado’s ability to turn a profit has become a familiar companion to the online grocer’s results.
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AnalysisInnovation watch: Tea Connection - the Argentinian retailer reinventing the simple cuppa
An Argentinian tea retailer seeks to elevate the simple cuppa and encourage their customers to explore and discover a rich and varied subject.
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OpinionComment: Overseas retailers join the race to float
While British retailers line up to float, overseas groups are also eyeing London listings.
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NewsSainsbury’s boss Justin King warns prices could rise in independent Scotland
Sainsbury’s outgoing chief executive Justin King has cautioned food prices could rise in an independent Scotland.
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AnalysisInternational analysis: Walmart lowers its sights after weak fourth quarter
Global colossus Walmart has unexpectedly lowered profit expectations for its final quarter.
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NewsBreakfast briefing: Retail news on Sainsbury's, BRC shop prices, Argos, Homebase and more
Retail news round-up on February 4, 2014: Kantar shows Sainsbury’s strongest performer over Christmas, BRC says shop prices down 1% in January, Argos and Homebase send supplier letters and more.
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OpinionNick Bubb's verdict: Ocado begins with 'O' but will it end with £1.8bn?
One wag famously once said Ocado begins with an ‘O’ and ends with a zero, but it seems to be very much alive and kicking.
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OpinionAnalysis: Ocado’s future lies in technology but only if it can be profitable
While Ocado’s deal with Morrisons goes a long way to validate its operating model, its potential will only be recognised fully if it can be consistently profitable.
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AnalysisOcado’s full-year results: What the analysts say
Ocado today reported full-year gross sales rose 17.2% to £843m last year, when pre-tax losses widened to £12.5m and that co-founder Jason Gissing is to retire. Retail Week rounds up analysts’ reaction.
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NewsOcado co-founder Gissing retires as full-year losses widen
Ocado co-founder Jason Gissing is to retire from the retailer it was revealed as the online grocer reported widening pre-tax losses.
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NewsBreakfast briefing: Retail news on Ocado, Game, Amazon, Sports Direct, Morrisons and more
Retail news round-up on February 4, 2014: Ocado co-founder Gissing retires and pre-tax losses widen, Activist investor Elliott revealed as Game backer, Amazon UK sales growth suffers slowdown and more.
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NewsRussian hypermarket Lenta to list in London
Russian hypermarket Lenta has revealed plans to list on the London Stock Exchange and then in Moscow as it hopes to raise an estimated $1bn.
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NewsWaitrose sales jump 6.8% in second half as online and service drive growth
Waitrose second-half sales excluding petrol grew 6.8% as the grocer’s myWaitrose loyalty scheme, online and “outstanding” customer service propelled growth.
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NewsConsumer confidence climbs to seven-year high in January
Consumer confidence in January rebounded to its best level for almost seven years.
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NewsBreakfast briefing: Retail news on Hobbs, John Lewis and Amazon
Retail news round-up on January 31, 2014: Hobbs’ owner 3i writes down investment value by 40%, John Lewis Partnership plans switch to hybrid salary pension scheme, UK consumer confidence surges in January, Amazon turnover jumps 20% in fourth quarter
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GalleryIn pictures: Outgoing Sainsbury’s boss Justin King’s greatest PR shots
Sainsbury’s boss Justin King’s skills as a communicator with the media have been praised as he steps down from his role.
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GalleryIn pictures: Booths' revamped Knutsford store
Upmarket northern grocer Booths has revamped its store in Knutsford, Cheshire to feature a new bakery and a wine sampling machine. Chairman Edwin Booth gave Retail Week a tour of the store.
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NewsVideo: Booths chairman Edwin Booth on its Christmas performance
Booths chairman Edwin Booth explains the changes the grocer has made in store to Retail Week senior reporter Alex Lawson.
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AnalysisAnalysis: How Booths is punching above its weight in grocery
The grocery industry has just endured what Sainsbury’s boss Justin King described as the worst Christmas in his 30 years of retailing.