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All Grocery articles – Page 472
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News
Multichannel to be centre of strategic plan for Leclerc
Hypermarket business Leclerc said multichannel would be at the centre of its strategic plan, ‘Leclerc 2015’.Stores will feature a specialist offer and organise products into departments to support its drive-in stores or pick-up locations. By 2015, Leclerc will develop new product offers: it forecast that non-food, in its present form, ...
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News
Grocer ITM reports like-for-like revenue growth
Grocery retailer ITM (Intermarché) has, after several years of struggling sales, reported like-for-like revenue growth of 3.1% to e19.2bn (£16.3bn) excluding fuel for the 2011 financial year. Like-for-like sales in the first four months of 2012 rose 7.9%.ITM’s hypermarkets outperformed its supermarkets in 2011, delivering a 3.9% uplift in sales, ...
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News
Grocer Migros to roll out self-scanners
Grocer Migros is to roll out self-scanning with mobile devices across the country next year. The retailer has been testing mobile scanning with technology from Motorola since 2011, as well as stationary self-checkouts.While mobile self-scanning has been tested at two stores, stationary self-checkouts have been installed at three; both options ...
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NewsThe Co-operative electrical sales rise sparked by revamp
The Co-operative’s electrical sales have rocketed after the mutual lowered prices and revamped a third of its departments.
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NewsSainsbury's sales driven by Jubilee spending
Sainsbury’s recorded a 1.4% uplift in like-for-like sales for the first quarter as Jubilee spending drove sales.
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NewsMorrisons trials Sainsbury's-style voucher scheme
Morrisons is trialling a coupon at till offer to rival Sainsbury’s Brand Match scheme.
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NewsNespresso reveals UK expansion plans
Premium coffee brand Nespresso is bolstering its business through store growth as it prepares to open two central London sites this summer which it said will put it “on the map”.
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OpinionComment: Can Tesco be micro-managed?
Although “retail is detail”, as the great John Sainsbury famously said in the 1970s, Phil Clarke’s tendency towards micro-management at Tesco is worrying.
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AnalysisTesco: What the analysts say
Tesco reported a 1.5% fall in UK like-for-like sales today, in line with market expectation. The City’s reaction was mixed.
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InterviewQ&A: Tesco chief executive Philip Clarke
Tesco recorded a “robust” first quarter as UK like-for-like sales declined for the fourth consecutive quarter and it battled struggling economies across the globe. Chief executive Philip Clarke was grilled by the press over the performance this morning.
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NewsTesco records first quarter UK sales fall
Tesco described its first quarter performance as “robust” after reporting a 1.5% decline in UK like-for-like sales.
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GalleryStore of the week: Whole Foods Market, Glasshouse Street
For years, people have scratched their heads about the Whole Foods Market on Kensington High Street.
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NewsJubilee footfall dampened by wet weather
Footfall fell 1.56% in total across the Jubilee bank holiday against the Whitsun bank holiday last year, as the wet weather on Sunday kept shoppers away from the high street.
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News
Carrefour to take control of discount supermarket chain Eki
Carrefour has got the green light from the Argentine competition authority for the acquisition of discount supermarket chain Eki. Carrefour will take control of the struggling Argentine retailer, which operates 120 stores across the country, while retaining its 2,300 employees. The transfer contract is expected to be signed before July ...
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NewsBolland and King take bonus cut
Retail supremos Marks & Spencer boss Marc Bolland and Sainsbury’s chief executive Justin King both took bonus cuts in the last financial year as executive pay in the sector comes under scrutiny.
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NewsWarm weather pushes retail like-for-likes up 1.3% in May
UK retail like-for-likes in May were up 1.3% as warm weather drove sales, according to British Retail Consortium (BRC) KPMG Retail Sales Monitor.
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NewsGrocers vie for market share in the Southeast
Tesco aims to “unlock London” as grocery spend in the Southeast becomes vital in the war for market share.
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NewsJubilee boost for retail as Brits get into party spirit
The Queen’s Diamond Jubilee provided retailers with a much-needed footfall boost as shoppers got into the party spirit.
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NewsDiamond Jubilee contributes to weekly footfall surge of 8.6%
Footfall surged 8.6% week-on-week in the seven days including the weekend of the Queen’s Diamond Jubilee, according to footfall data from Experian.
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News
Seven & launches recreational store format in Indonesia
Japanese grocer Seven & I has launched a recreational store format in the country. The shop blends a small supermarket with inexpensive ready-made food and seating. It is aimed at young people, with 24-hour opening, live bands and free Wi-Fi. The format is in line with the its efforts to ...