All Grocery articles – Page 41
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NewsAsda profits plummet as inflation costs and investing in prices hit bottom line
Supermarket giant Asda has reported plummeting profits as spiralling costs and investing in keeping prices lower for customers hammered its bottom line.
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DataConsumer pain increases as grocery inflation hits record high
Grocery price inflation reached a new high in March, with consumers now facing an £837 increase in their annual bills.
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NewsOcado sales and customer numbers rise but basket size falls
Online grocer Ocado Retail reported being “on track to restore sales momentum” after revenues climbed in its first quarter.
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NewsFood inflation surge drives shop prices to fresh highs
The highest levels of food inflation on record drove overall shop prices to fresh highs during the ongoing cost-of-living crisis in March.
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GalleryStore gallery: Fortnum & Mason’s new Food & Drink Studio
Fortnum & Mason has unveiled its revamped third floor, now dedicated to luxury food and drink.
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NewsEx-John Lewis boss Street: Staff ownership changes would be ‘a tragedy’
Ex-John Lewis boss Andy Street has urged the retailer not to change its staff ownership model, saying any move to take outside investment would be “a tragedy”.
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NewsIssa brothers eye £12bn merger of Asda and EG forecourt empire
The billionaire Issa brothers are reportedly racing to complete a merger of the Asda supermarket chain and their UK petrol stations in a bid to slash debt.
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AnalysisThe Disruptors: Three brands giving the value sector a run for its money
The latest instalment of Retail Week’s Disruptors series showcases the brands making waves in value and discount retail
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NewsJohn Lewis boss White speaks out on stake sale speculation
John Lewis Partnership chair Dame Sharon White has said she will always act “in the best interest of the partnership”.
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NewsTesco expands Whoosh rapid delivery to 1,000 stores
Tesco has expanded its Whoosh rapid delivery service to 1,000 stores, exceeding its rollout target by 25%.
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NewsTesco to slash the value of Clubcard points from the summer
Tesco is cutting the value of its Clubcard rewards scheme for members.
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NewsJust Eat to axe nearly 1,900 jobs after post-lockdown sales slump
Takeaway platform Just Eat is set to slash 1,870 jobs in the UK following a slump in sales post-lockdown.
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Opinion‘A stake sale would risk turning John Lewis into AN Other retailer’
Annual losses of £234m, no staff bonus, the spectre of more job losses looming – no wonder the John Lewis Partnership is considering whether its traditional way of doing things needs to change.
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NewsJohn Lewis considers end to 100% employee ownership
John Lewis Partnership (JLP), which is 100% owned by its staff, is looking at watering down its mutual structure, according to a report in The Sunday Times.
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NewsDeliveroo on ‘path to profitability’ as losses narrow
Deliveroo made a nearly £300m loss last year but remains adamant that it is making “excellent progress on the path to profitability”.
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AnalysisAfter ‘inflation hurricane’ hits, cost cutting is king at John Lewis
“Inflation has hit us like a hurricane” was the stark verdict from John Lewis Partnership chair Dame Sharon White as the retail institution slid to a £234m pre-tax loss.
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AnalysisNish Kankiwala – John Lewis’ first chief executive faces huge challenges
The appointment of a chief executive at John Lewis Partnership – the first time such a role has existed in the legendary retailer’s history – was a bolt from the blue.
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NewsCo-op expands autonomous robot delivery service to new region
The Co-op is rolling out robots for autonomous grocery deliveries to residents in Sale, Greater Manchester.
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NewsJohn Lewis Partnership appoints first-ever chief executive
John Lewis Partnership has appointed a chief executive for the first time in its history.
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NewsVirgin Wines profits wiped as Christmas trading impacted by operational issues
Virgin Wines profits and sales dropped in the first half, as the cost-of-living crisis exacerbated what the chief executive called “certain internal and operational challenges” over Christmas.