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All Grocery articles – Page 485
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NewsBolland: green agenda must be as evocative as the 'American Dream'
Marks & Spencer chief executive Marc Bolland has called for the creation of a new way to engage consumers with the sustainability agenda.
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AnalysisTesco's Brasher leaves: What next for the business?
The timing of Richard Brasher’s resignation from the board of Tesco, if not the actual fact of his departure, came as a surprise.
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NewsTesco UK boss Brasher sensationally quits
Tesco UK chief executive Richard Brasher has stepped down from the troubled grocery giant’s board with immediate effect and leave in July.
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OpinionDebenhams’ winning formula
George MacDonald has written for Retail Week for more than 10 years, covering various sectors. He is a frequent TV and radio commentator on retail trends and issues.
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News
Walmart to consider China expansion
Walmart may consider acquiring local retailers in China as it expands into new regions. Walmart International chief financial officer Cathy Smith said: “There are whole provinces in China that we haven’t even begun to think about.”However, she added that acquisitions are generally Walmart’s least-preferred way of growing because they are ...
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AnalysisAnalysis: Morrisons boss Dalton Philips’ ‘killer concept’
Morrisons’ chief executive is sure the grocer’s biggest opportunities still lie ahead, he tells Alex Lawson.
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NewsOnline grocery shopping to get personal, says Ocado boss
Ocado chief executive Tim Steiner has said shoppers will expect an increasingly bespoke experience on retailer’s websites including targeted searches.
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NewsTesco forecast strongest growth against global retail rivals
Tesco is forecast to grow faster than its three main global rivals – Walmart, Metro and Carrefour – with a compound annual growth rate (CAGR) of 6.8% between 2011 and 2015, according to new research from IGD.
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News
Penny updates refurbishment plans
Grocer Rewe’s discount division Penny has updated refurbishment plans in its domestic market. The discount division hopes to convert 600 stores to the new model this year following the recent start of the programme in Berlin and Cologne. The revamp is expected to be completed by the end of 2014. ...
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News
Grocer Delhaize reports profit decrease
Grocer Delhaize reported underlying operating profit down 10.2% to E935m (£789m) for the full year 2011. According to the retailer, the decline was due to soft sales and price investment in the US partly offset by cost savings across the group. Net profit slipped 17.4% to E475m (£400m) primarily as ...
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News
Metro’s cash and carry operation to launch online shop
Metro’s cash and carry operation in China is to launch an online shop for local business customers later this year. The assortment will include mainly ambient products although the business also plans to add non-food ranges in the future. In addition, the retailer intends to open at least 10 cash-and-carries ...
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NewsKwiksave to return to the high street next month
Kwiksave is to return to the high street next month.
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NewsLeahy to raise $750m for Chinese shopping mall venture
Former Tesco chief executive Sir Terry Leahy plans to raise $750m to launch his Chinese shopping centre venture.
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NewsTesco considers raise in pension age
Tesco is considering raising the age its staff receive a full pension from 65 to 67.
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NewsSainsbury's becomes second largest online grocer
Sainsbury’s is now the second largest online grocer with an annualised turnover of £750m.
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NewsOddbins relaunches website with increased personalisation
Oddbins has relaunched its website with increased personalisation.
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NewsMalcolm Walker completes £1.45bn Iceland deal
Iceland Foods chief executive Malcolm Walker has completed the deal to buy back the retailer for £1.45bn.
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NewsJohn Lewis sales up 4.4% last week
John Lewis sales increased 4.4% to £56.8m last week as technology helped drive the department store’s strong performance.
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AnalysisEmerging markets drive profits growth at Casino
French grocery group Casino reported strong results for 2011 last week, boosted by overseas operations.
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NewsWhittard to expand after good Christmas
Tea and coffee specialist Whittard of Chelsea is to embark on an expansion drive at home and overseas following a strong Christmas performance.