All Grocery articles – Page 424
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News
Morrisons invests £300m in overhauling '20th century systems'
Morrisons will have invested £310m by the end of this year in dramatically overhauling its systems, which chief executive Dalton Philips described as being “firmly stuck in the 20th century”.
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News
Sainsbury's convenience stores will overtake supermarkets for first time
Sainsbury’s convenience stores will overtake its number of supermarkets this year demonstrating the shift in focus in the sector.
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News
Departing Marks & Spencer veteran Steve Sharp backs Bolland despite clothing sales slide
Departing Marks & Spencer veteran Steve Sharp, who played a key role in defending the audacious attempt to take over the retailer in 2004, has publicly backed beleaguered boss Marc Bolland and the retailer’s management.
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Opinion
Nick Bubb’s Verdict: The Weather - Fairweather friend or foe?
It is easy to mock retailers’ excuses about the weather, but fair weather really can be their friend or foe at this time of year.
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Analysis
Marks & Spencer's first quarter: What the analysts say
Marks & Spencer has today reported a 0.3% rise in like-for-like sales for the 13 weeks to June 29. Retail Week summarises what the analysts say about the performance.
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Analysis
In numbers: Marks & Spencer's food bestsellers
Marks & Spencer food like-for-likes edged up 1.8% in its first quarter. Retail Week looks at its bestsellers within the food aisles.
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News
Marks & Spencer like-for-likes up 0.3% driven by food business
Marks & Spencer has recorded a 0.3% rise in like-for-like sales in its first quarter driven by food, while general merchandise made some progress.
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News
Tesco shareholders questions grocer about its Nigerian Guinness at its AGM
Last week Tesco chief executive Philip Clarke faced an unusual question at the grocer’s AGM between the more staid queries about doubts over pay and write-downs.
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Analysis
Analysis: SSP – the travel retail franchisee at a glance
As former WHSmith boss Kate Swann moves to SSP as chief executive, Retail Week takes a closer look at the travel food and beverage franchisee.
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News
Asda staff share record £61.7m as Sharesave scheme pays out
Over 19,0000 Asda staff will take a share of a record £61.7m after the grocer’s three-year Sharesave scheme matured.
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News
Tesco pays Leahy £8.5m since retirement as his legacy comes under fire
Former Tesco chief executive Sir Terry Leahy has taken home almost £8.5m in performance-based payouts since his departure.
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News
Retail finance directors to hold business rates summit
Finance directors from some of the UK’s largest retailers are set to hammer out proposals for an overhaul of the business rates system.
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News
Infographic: John Lewis revenue surges 6.7% as Sale shoppers grab a bargain
Department store group John Lewis’ sales jumped 6.7% to £80.7m in the week to June 29 as shoppers rushed to get a bargain in its summer Sale.
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Opinion
Comment: Iceland will not back down in the fight for GM-free food
Environment secretary Owen Paterson bows to trans-Atlantic pressure for genetic modification and urges consumers to embrace this marvellous new technology.
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Analysis
Independence Day: Seven ways America changed UK retail
As Americans get out their flags and fire up their barbeques in celebration of their independence, Retail Week looks at how the US has helped mould UK retail.
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Analysis
People: Retail's main job moves in June
The news that former Morrisons financial director Richard Pennycook was to make his retail return in the same role at The Co-operative Group came as a surprise.
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News
Aldi continues to swipe market share from big four
Discounter Aldi continued to swipe market share from the big four, the latest monthly data by market research firm Nielsen has revealed.
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Opinion
Nick Bubb’s Verdict: Ocado and Waitrose - A doomed marriage?
The increasingly unhappy marriage of Ocado and Waitrose seems set to end in the divorce courts, but can the two sides patch up their differences?
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News
June shop prices drop at fastest rate since 2007 due to summer Sales
June shop prices deflated at their fastest rate in six years, as non-food retailers slashed prices in the summer Sales.
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News
Ocado attracts overseas IP interest post-Morrisons deal
Ocado claims to have received lots of interest from overseas retailers following its tie-up with Morrisons as it seeks further growth as an IP provider.