All Grocery articles – Page 529
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News
Rewe Group net turnover up 4% for 2010 to £45.2m
Rewe Group increased its net turnover for 2010 by 4%, up to about e53bn (£45.2m), based on preliminary figures. Sales for the National Full-Range Stores (Rewe supermarkets and Toom hypermarkets in Germany) grew 6.4% over the previous year up to e14.5bn (£12.4bn). The Penny discounters in Germany lost 1.2% in ...
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NewsSir Terry Leahy checks out
Sir Terry Leahy waved to staff as he left the Tesco head office in Cheshunt, Hertfordshire yesterday.
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NewsJamie Oliver returns in Sainsbury's Comic Relief ad
Celebrity chef Jamie Oliver will star in a new TV campaign for Sainsbury’s encouraging staff and shoppers to get into the Comic Relief spirit.
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NewsWoman smashes up shop because it ran out of her favourite cup cake
Police are investigating after a shop worker was attacked by a shopper after she was told that they had sold out of her favourite cup cake.
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NewsMorrisons poised for £1bn share buy-back
Morrisons is reported to be poised to return about £1bn to shareholders when it reveals its full-year results next week.
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NewsInflation boosting grocery sales, Nielsen reports
Grocery volumes have been subdued in recent weeks, when supermarket sales were helped by inflation.
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NewsSainsbury's and Morrisons outperform, while Tesco and Asda lag
Sainsbury’s and Morrisons outperformed in the latest Kantar Worldpanel figures, while Tesco and Asda were slightly behind the market.
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NewsSupermarkets could face competition inquiry after unjustified price hikes, warns UBS
Supermarkets have been raising food prices faster than inflation in Britain and could face a competition inquiry, according to investment bank UBS.
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NewsTesco launches offensive against Asda
Tesco has today launched an offensive against rival Asda promising to pay shoppers “double the difference” on any products that are cheaper at the Walmart-owned grocer.
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AnalysisJonathan Hart
The new chief executive of Thorntons has been drafted in to sweeten its retail sales, revamp the product offer and take a bite out of the competition.
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NewsOcado signs for new distribution spoke in Wimbledon
Online grocer Ocado has signed for a new distribution spoke in south west London with capacity for 14,200 orders per week.
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NewsIceland to pay £100m dividend
Frozen food specialist Iceland is expected to pay a dividend of £100m this year, its first for three years.
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NewsAsda Income Tracker: Family spending power fell by £9 a week in January
The average family’s spending power fell by £9 per week in January, the largest fall on record and the second record breaking month in a row.
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NewsMum’s gone to Iceland, Malcolm’s gone to Everest
Iceland boss Malcolm Walker is to follow the example of derring-do entrepreneur Richard Branson by climbing Everest to raise £1m for research into Alzheimer’s.
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NewsMorrisons to create ‘store of the future’ from pilot shops
Morrisons is to develop a new-build ‘store of the future’ taking in learnings from its three ‘lab’ shops.
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OpinionA different mountain to climb
I’ll climb Everest for charity or die in the attempt, says Iceland chief Malcolm Walker
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NewsCity lukewarm on the outlook for retail
As pressure continued to bear down on general retail stocks, Nomura and Espirito Santo issued notes assessing prospects.
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NewsMorrisons to double its female senior managers
Morrisons has committed to identifying future female business leaders and targeted to more than double its number of female senior managers by 2014.
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News
ICA operating profuit up 7.8% to £281.3m
Ahold’s Scandinavian division ICA’s full-year operating profit reached SEK2.92bn (£281.3m) in 2010, an increase of 7.8% on 2009. The retailer’s net sales for the full year amounted to SEK93.86bn (£9.04bn), down 0.8%. At constant exchange rates net sales rose 0.9%.In 2011, ICA will “have a laser-like focus” on its disappointing ...
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News
Woolworths H1 sales up 9.8%
Upmarket food and clothing retailer Woolworths reported group sales grew by 9.8% year-on-year in the first half ended December 26, 2010, along with positive margin development after more effective cost control. Pre-tax profit increased by 22.1% during the period. Food sales grew by 11.8%, while clothing sales were up 11.5%.In ...
