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All Grocery articles – Page 505
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NewsTesco to sell its Japan business
Tesco is to sell its business in Japan as it said it could not build a “sufficiently scalable” operation.
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NewsOcado urged to shelve plans for second fulfilment centre
Online grocer Ocado should abandon plans for a £210m second customer fulfilment centre until it proves that it has a viable business from its first, according to a leading broker.
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NewsCheese maker’s taste a bit of a blur
Blur bassist turned farmer Alex James has churned his hand at a range of cheese for Asda, but we suspect his years of partying may have taken their toll on his inventions.
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OpinionPoundland distances itself from Poundworld
Fixed pricing, pound retailing, the round pound – call it what you like, but it seems to be everywhere I turn.
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NewsTesco looks East for funds with 'dim sum' bond issue
Grocery giant Tesco has become the first international retailer to raise money in China with the issue of a ‘dim sum’ bond.
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NewsSales of tablets outstrip desktops for first time at John Lewis
Tablet computers outsold desktop PCs for the first time last week at department store chain John Lewis, which posted a total weekly sales rise of 2.6% to £53.4m.
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AnalysisRetail Week On The Road: Midlands
We visit Birmingham, Leicester, Derby, Market Harborough and Nottingham
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News
Sainsbury's gears up for Halloween
Sainsbury’s is gearing up for a spooky Halloween with the launch of nightmarish ice-cream developed by the winner of a national kids’ competition.
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GalleryIn pictures: Ocado's virtual shopping wall goes live
The integrated window display at London’s One New Change shopping centre allows shoppers to purchase groceries on their mobile phones, then have them delivered to their door.
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NewsCo-op profits and sales hit by tough climate
The Co-operative Group has suffered a fall in first-half profits and sales in retail conditions described by chief executive Peter Marks as “the worst I have seen in over 40 years”.
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NewsBusinesses set up further High Street Fund for riot hit retailers
A further nationwide High Street Fund has been set up to help small business affected by the riots that hit England this month.
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NewsTesco's Andrew Higginson to retire
Tesco chief executive of retailing services Andrew Higginson is to retire from the board and executive committee next year.
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News
7-Eleven expands its network of stores
Seven & I-owned convenience chain 7-Eleven is expanding its network of stores by acquiring 51 ExxonMobil Corp stores in Dallas, Texas. Financial terms of the deal are not available, though the transaction is expected to close towards the year end.Under the conditions of the pending deal, the stores will continue ...
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NewsTesco extends Irish market share lead
Irish grocery sales were flat in the 12 weeks to August 7 as shoppers kept a tight rein on spending.It was the first time in 12 months that there was no value growth in the market, Kantar Worldpanel data showed.Market leader Tesco consolidated its position, delivering sales growth of 1.7% ...
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NewsSainsbury's to exclusively launch Joan Collins book
Sainsbury’s is hoping some 1980s Dynasty glamour will bring shoppers to its stores when it exclusively launches actress Joan Collins’ upcoming book.
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NewsAsda launches mobile groceries site
Asda has launched a mobile optimised transactional site for its groceries offer.
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GalleryIn pictures: M&S unveils Westfield Stratford store
Marks & Spencer was handed the keys to its Westfield Stratford City store on Tuesday, when manager Lee Boon and his team moved in to prepare for the flagship mall’s opening on September 13.
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NewsOcado’s lack of update raises City eyebrows
Broker Panmure has questioned why Ocado has not updated the City after the online grocer’s joint broker Goldman Sachs slashed its operating profit forecasts for the next three years.
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NewsLondon footfall slumps amid riots
Footfall slumped in London last week as people stayed away from the high street to avoid the riots and retailers shut up shops.
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News
Walmart hires investment bank to advise on potential takeover
Walmart has hired investment bank UBS to advise on a potential takeover of Carrefour’s Brazilian subsidiaries, according to reports.Both Walmart and Carrefour have remained tight-lipped about the rumoured takeover, but it is understood that Walmart is assembling a team of expert advisers prior to making a bid.Talk of a takeover ...