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All Grocery articles – Page 448
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News
Aldi Nord experiences significant profit decrease
Discounter Aldi Nord experienced a significant drop in profit in 2011, according to annual accounts from 18 of its 35 regional divisions.While sales increased slightly, cumulated profits were E55m (£44.6m) down on the previous year. Aldi blamed a weak non-food business and stiff competition in Germany.
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News
Ahold extends cost-savings programme
Grocery retailer Ahold has extended its cost-savings programme from E350m (£283.9m) to E600m (£486.8m).Ahold said it will include sourcing and promotional costs to invest in creating a better offer and value for customers.Next year, the grocer plans to convert many of its 82 Dutch C1000/Jumbo Supermarkten stores to Albert Heijn. ...
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OpinionComment: Not Tesco's finest hour, but possibly not its worst
So, Tesco’s Fresh & Easy misadventure in the US is drawing to a close.
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OpinionComment: Tesco needs to use technology to engage customers
Tesco needs to focus on using its huge wealth of technological innovation to engage customers and avoid focusing on gimmicks.
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NewsOcado launches Facebook tie-up
Ocado is allowing shoppers use their Facebook profiles to shop the retailer’s site and will ultimately look to sell products through the social media site.
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NewsFood price inflation rises to nine-month high
Food price inflation jumped for the second month in a row to 4.6% in November, hitting its highest rate in nine months.
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OpinionComment: Tesco boss Philip Clarke blogs on the Fresh & Easy strategic review
Today I’ve announced Tesco’s decision to begin a strategic review of Fresh & Easy, our business in the US.
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NewsTesco likely to exit US business as Tim Mason departs
Tesco chief executive Philip Clarke is considering exiting the US as he conducts a strategic review of the business.
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NewsAldi continues sales surge as Morrisons pressure mounts
Aldi has continued to record strong double-digit sales growth “unabated” while Morrisons trails the pack in a fiercely competitive grocery market.
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AnalysisSir Terry Leahy: Career highlights
Sir Terry Leahy is to take on the role of chairman at value retailer B&M Bargains, his first retail role since stepping down from Tesco. Having spent all his retail career at Tesco, here are his career highlights.
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NewsRetail like-for-likes edge up 0.4% in November
UK retail like-for-likes edged up 0.4% year on year in November signalling a nervous wait for retailers ahead of Christmas.
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AnalysisAlcohol multi-buys: What do retailers need to know?
The Government is investigating multi-buy promotions on alcohol as it looks to cut both crime rates and the level of health problems. Tiffany Holland reports.
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AnalysisAnalysis: What do the OFT promotion principles mean for retailers?
The Office of Fair Trading (OFT) has moved to curb misleading promotions with a new set of principles today. Retail Week takes a look at the implications.
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OpinionComment: Why did the OFT's decision on promotions take so long?
The OFT’s announcement that eight retailers have agreed to a set of principles over special offers and promotions is a welcome move.
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NewsSupermarkets take action to tackle price-cut concerns through OFT initiative
Tesco, Sainsbury’s and Morrisons are among a group of supermarkets that have committed themselves to tackling concerns over food and drink promotions through an initiative with the Office of Fair Trading (OFT).
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AnalysisSites: Waitrose Vs Sainsbury's
Dominic Monkhouse, managing director of PEER 1 Hosting, shares his view of good and bad apps.
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NewsWaitrose to extend Christmas opening hours
Waitrose will add 4,700 extra hours to its store opening times this Christmas and has upped the number of online delivery slots.
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AnalysisInternational analysis: Carrefour could lose out through franchise deal
Carrefour has reorganised its partnership in Indonesia with CT Corp into an exclusive franchise agreement.
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News
Poundland extends food offer
Variety single-price retailer Poundland has extended its food offer by adding 100 new grocery lines, increasing competition for the grocers.
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NewsNovember retail sales jump to highest level since June
November retail sales rose at their fastest pace since June this year, data from the CBI Distributive Trades Survey shows.