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All Grocery articles – Page 484
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News
Grocer Auchan plans offensive pricing strategy
Grocer Auchan plans to compete with rival Leclerc on pricing and promotions this year. The retailer will move towards an offensive pricing strategy throughout France, according to Auchan France managing director Vincent Mignot. The hypermarket format will remain the backbone of the retailer’s strategy.Auchan said 58 of its 120 French ...
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News
Grocer A&P completes financial restructuring
Grocer A&P has completed its financial restructuring and emerged from bankruptcy protection as a private company. It has obtained $490m (£308.3m) in financing from Yucaipa Cos – an investment vehicle for Burkle – Goldman Sachs Asset Management and Mount Kellett Capital Management an investor in distressed companies.According to the grocer, ...
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AnalysisAuchan pins hopes on China for future growth
French retailer Auchan hopes its Chinese operations will drive growth because sales in Western Europe are expected to remain flat.
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OpinionTesco boss Clarke faces tough challenges ahead
The tenure of Tesco chief executive Philip Clarke may be only a year old, but no one can fault it for a lack of drama.
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NewsOcado directors denied bonus and pay rise
Ocado directors Tim Steiner, Jason Gissing and Neill Abrams did not receive a bonus in 2011 due to poor performance.
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News
Metro Group’s Real hypermarkets to lose chief executive
Joël Saveuse, the chief executive of Metro Group’s Real hypermarkets business, has stepped down and will leave the business on March 31. Saveuse was reportedly considered for the group chief executive role when Dr Eckhard Cordes stepped down last October but then chief finance officer Olaf Koch was appointed.
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NewsFurther redundancies expected at The Co-operative
The Co-operative Group is to make further redundancies in its food division.
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NewsSainsbury's records 2.6% like-for-like sales uplift
Sainsbury’s has recorded a 2.6% increase in like-for-like sales excluding fuel for the fourth quarter.
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News
Carrefour launches transactional smartphone app
Carrefour has launched a transactional smartphone application in its home market. Using the My Carrefour shopping tool, customers can log in to their account on Carrefour.fr and select products either by using a keyword search or scanning the barcode on an item.Shoppers can choose whether they would like to have ...
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NewsInflation drops to 3.4% in February
February’s rate of CPI inflation dropped from 3.6% in Janaury to 3.4% in February, the lowest rate since November 2010, which could be welcome relief for the recovering economy.
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NewsMini Heston stars in Waitrose TV campaign
Waitrose is to feature a ‘mini Heston Blumenthal’ in its new TV advertising campaign.
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OpinionBrasher departure fuels retail rumour mill
Chris Brook-Carter is Editor-in-chief of Retail Week. Chris has covered the FMCG and retail industries for 15 years, in particular covering the food, drinks and clothing sectors.
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NewsMinimum wage frozen for young people, adult rate to increase 1.8%
The national minimum wage for 16 to 20 year olds will be frozen next year to stimulate job creation for young people as the adult rate rises 1.8%.
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NewsAsda names new marketing boss as Bendel turns focus to Walmart
Asda has appointed Stephen Smith as its new chief marketing officer replacing Rick Bendel.
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NewsSainsbury's closes Fresh Kitchen store
Sainsbury’s has closed its trial Fresh Kitchen sandwich store.
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News
Target plans fresh food addition to stores
Target plans to add fresh food to more than 100 stores this month. The remodels will result in a new 10,000 sq ft grocery department featuring fresh produce, fresh packaged meat and pre-packaged baked goods in addition to dry and frozen offerings. The revamps will be the first of three ...
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NewsSainsbury’s cheered by rise in online sales
Sainsbury’s claimed it has overtaken Asda to become the second- largest seller of online groceries, behind Tesco.
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OpinionIceland: Why I’ve bought the company back
Malcolm Walker is chief executive of Iceland. He began his career as a trainee manager at Woolworths.
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NewsTesco kiosks allow access to full range in store
Tesco has rolled out 147 kiosks to 120 shops that allow customers to access the grocer’s whole range for the first time in-store.
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NewsThe Co-operative appoints group brand director
The Co-operative Group has appointed former easyJet marketing director David Magliano as brand director.