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All Grocery articles – Page 480
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NewsThe People’s Supermarket narrows losses
Co-operatively run grocer The People’s Supermarket has narrowed losses from £175,000 to £100,000 in the year to April 4.
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NewsClarke: ‘Good enough’ is not good enough
Tesco chief executive Philip Clarke has pledged a return to retailing excellence at the grocery giant’s flagship UK business through renewed focus on the customer.
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InterviewQ&A: Philip Clarke, Tesco
Tesco chief executive Philip Clarke and group finance director Laurie McIlwee faced a grilling from the press as the grocer unveiled its £1bn turnaround plan for the UK business today. Clarke talks improving in-store experience, Richard Brasher and what went wrong. Alex Lawson reports.
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Walmart to focus on expanding existing operations
Walmart is to concentrate on expanding its operations in existing markets rather than entering new locations this year. However, the retailer is still looking at possibilities to enter new countries and acquire technology and other capabilities.Walmart highlighted it has no plans at present to enter Russia but said it would ...
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Cora plans click-and-collect service
Grocery retailer Louis Delhaize plans to launch a click-and-collect service for its Romanian hypermarket chain Cora. The new service will be called Cora Drive. The retailer already offers Cora Digital, a service that allows customers to pick up consumer electronics delivered from Cora hypermarkets to smaller stores in customers’ local ...
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Carrefor launches new loyalty programme
Carrefour has launched a new point-based loyalty programme in the United Arab Emirates called MyClub, an innovation within the hypermarket sector in the region.Members earn one point for every AED10 (£1.75) spent in the retailer’s stores, with extra points available on special offers. When 500 points are accumulated, a AED50 ...
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Intermarché given go-ahead for Altis takeover
Grocer Intermarché has received approval from competition authorities to take over 20 Altis stores operating under the Carrefour banner. Last year, Intermarché reached an agreement with Spanish grocer Eroski to acquire the Altis joint venture in southern France.Eroski had already purchased Carrefour’s 50% stake in Altis, which operated six Carrefour ...
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Bharti Walmart to establish online operations in India
Bharti Walmart is likely to set up an online operation in the country with the grocer reportedly looking to partner with domestic ecommerce companies. Online retailing is gaining ground in India with several companies such as Amazon’s Jungle.com coming to the market, an indirect entry owing to the current restrictions ...
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Seven & I Holdings posts 20% profit for year
Convenience store operator Seven & I Holdings has posted a 20% rise in operating profit to ¥292.1bn (£2.41bn) for the full year ended February 29, 2012. Net profit increased 16% to ¥129.8bn (£1.07bn), however net sales fell 11.4% to ¥4.01 trillion (£33.03bn) mainly due to a change in accounting methods ...
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OpinionWhy Tesco Hertford is the grocer's future
The trial store in Hertford may not address all of Tesco’s UK woes but it so goes a long way towards addressing many of the retailer’s perceived shortcomings.
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AnalysisTesco: What the analysts say
Tesco boss Phil Clarke unveiled his turnaround strategy for the UK this morning as full year trading profit dipped 1% in its home market. The analyst community has its say on his plans to revitalise the domestic business.
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GalleryIn pictures: Tesco's trial store in Hertford
The Hertfordshire county town plays host to the latest store thinking from Tesco, pointing the way for future refurbishments and store interiors.
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AnalysisAnalysis: What does Clarke's plan mean for Tesco?
Perhaps the most interesting place to be this morning is in the offices of Sainsbury’s chief executive Justin King and Andy Clarke and Dalton Philips, his counterparts at Asda and Morrisons.
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AnalysisWord Cloud: Philip Clarke on Tesco's results
A word cloud of Tesco CEO Philip Clarke and store manager Mark Pooley on Tesco’s results.
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NewsTesco invests £1bn in UK turnaround as like-for-likes dip
Tesco is to invest £1bn to turnaround its UK business this year as it squares up for an intense battle to win back grocery market share.
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NewsHotel Chocolat to enter the restaurant trade
Hotel Chocolat is to enter the UK restaurant business with a flagship eatery in London later this year.
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NewsAsda rolls out new in-store stocking tactic
Asda has rolled out a new top stocking system its chief operating officer Judith McKenna said is saving significant costs.
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OpinionWill wifi in shopping centres kill physical retail?
Shopping centre owner Land Securities’ new wifi initiative, revealed last week, seemed like a controversial move on first sight.
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NewsFood and clothing drives inflation rise in March
Inflation rose slightly in March to 3.5% driven by food and clothing.