All Grocery articles – Page 515
-
NewsWeekly sales flat at John Lewis
Sales growth at department store chain John Lewis was flat last week, when revenues came in at £53.4m.
-
NewsSainsbury’s faces margin worries
Following last week’s annual results from Sainsbury’s, broker MF Global said it is concerned that the grocer’s operating margin is benefiting more from lower depreciation, lease and staff costs than productivity on higher sales growth.
-
AnalysisWalmart acquires stake in Chinese online grocer
As part of its commitment to grow online sales globally, Walmart has reached an agreement to acquire a minority stake in Yihaodian, an online supermarket in China.
-
NewsFounding family trust sells 1.5m Sainsbury's shares
Members of Sainsbury’s founding family yesterday sold 1.5m of their shares in the grocer, netting almost £5.3m.
-
NewsRoyal wedding and weather help retail sales soar
Warm weather and the Royal Wedding helped retail sales soar 5.2% by value and 2.7% by volume in April compared to the same month last year.
-
NewsHeron Foods sales rise but profits take a blow
Frozen food retailer Heron Foods has recorded a rise in sales but a drop in pre-tax profits, as higher operational costs hit the grocer.
-
NewsAsda promotes quality agenda amid flat sales
Asda has pledged to extend its investment in product quality, complementing its established credentials on price.
-
NewsAsda posts flat first-quarter
Grocery and general merchandise giant Asda has posted adjusted like-for-like growth of 0.8% in its first quarter.
-
NewsAsda invests a further £27m to bolster fresh food
Asda is to invest a further £27m in quality improvements across its fresh food business, with “market-leading quality specifications” introduced across all its fresh meat and produce categories as it seeks to further boost sales.
-
NewsLondon shops on high alert after bomb threat
Shopping centres and major retail destinations were on high alert this morning after Irish terrorists threatened to bomb London as the Queen visits Dublin today.
-
NewsM&S strengthens food team with creation of new trading boss role
Marks & Spencer has restructured its senior food team, promoting Andy Adcock to the newly created role of trading director for food.
-
Opinion
Sainsbury’s 'Feed your family for £50'
Sainsbury’s recently launched its ‘Feed your family for £50 a week’ promotion which, as well as being heavily promoted on television and in store, has a great online tool.
-
NewsAsda opens converted Netto stores
Asda opened its first two converted Netto stores on Tuesday in Wakefield and Worksop.
-
NewsLandsbanki committee appoints advisers for sale of Iceland Foods
The Landsbanki resolution committee has hired UBS, Bank of America and Merrill Lynch to advise on the possible sale of Iceland Foods.
-
NewsHaldanes and Co-op in legal battle over former Somerfield stores - UPDATED
Independent grocery retailer Haldanes has begun legal proceedings of its own against the Co-operative Group after the Co-op started an action to recover unpaid rent.
-
NewsSainsbury's profits up 9%
Sainsbury’s has reported underlying pre-tax profit up 9% to £665m in its full year, saying it “outperformed the market in a challenging environment”.
-
NewsOcado first half EBITDA up as sales growth slows
Online grocer Ocado said it is “encouraged by the progress of the business so far this year” as it revealed that EBITDA is expected to grow 12% in its first half.
-
NewsVideo: Phil Clarke explains his strategy
Tesco group chief executive Phil Clarke is continuing his policy of openness with a new video explaining his strategy on the grocer’s website.
-
NewsLike-for-like sales jump 5.2% in April, the BRC reports
Like-for-like sales leaped last month as sunny Easter weather and the royal wedding boosted sales.
-
NewsSainsbury's appoints new heads of clothing and GM
Sainsbury’s has raided Littlewoods and John Lewis for two key roles in its clothing and general merchandise teams.