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All Grocery articles – Page 529
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NewsAsda Income Tracker: average family's spending power suffered largest fall on record in December
The average family’s spending power fell by £8 per week in December, the largest fall on record since the Asda Income Tracker began in January 2007.
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NewsSainsbury's appoints non-exec from Google
Sainsbury’s has appointed Matt Brittin from Google as a non-executive director.
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NewsTesco to standardise stock management globally
Tesco is overhauling its stock reduction process as part of its ongoing bid to standardise IT across its business.
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NewsHaldanes readies hard discounter model Ugo
Independent food group Haldanes is to invest in a raft of initiatives to revitalise the hard discounter model when it launches its “Netto plus” chain at the end of April.
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NewsSainsbury's unveils Royal Wedding t-shirt
Sainsbury’s has been caught by Royal Wedding fever and has designed a celebratory t-shirt in honour of the couple.
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Ahold net sales up 4.4% to £25.2bn
During 2010, retail group Ahold’s consolidated net sales reached €29.5bn (£25.2bn), up 4.4% after adjustments or 5.7% on a non-adjusted basis. During the fourth quarter, consolidated net sales, which do not include the joint ventures ICA Group in Scandinavia and JMR, were €6.9bn (£5.9bn). This is an increase of 5.5% ...
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NewsTesco slashes laptops and clothing prices
Tesco is slashing prices on all laptops and adults’ clothing lines by 20%, which the grocer said gives customers a VAT-free deal.
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NewsSRC challenges Scottish levy
The Scottish Retail Consortium (SRC) has challenged Scottish finance secretary John Swinney to answer five key questions about the proposed retail levy when he appears at the Scottish Parliament later today.
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AnalysisWalmart pledges healthier food with no added extras
Walmart is to embark upon a five-year plan to make its food offering healthier.
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Delhaize Group revenue increases 4.6% to £17.7bn
Delhaize Group has reported revenues of E20.8bn (£17.7bn) for 2010. This represents an increase of 1% at identical exchange rates or 4.6% at actual exchange rates, due to the strengthening of the US dollar by 5.2% against the euro compared with 2009. Organic revenue growth was 0.9%.Delhaize Group added 68 ...
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Jerónimo Martins to open neigbourhood store chain
Portuguese retailer Jerónimo Martins is planning to open a new chain of small franchised neigbourhood stores over the coming months. The retailer will open two wholly owned stores under the new banner and will then work towards its expansion under a franchising scheme. The new business model will be developed ...
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Migros records £16.35bn in net sales
Supermarket chain Migros has reported preliminary group net sales of CHF25.03bn (£16.35bn) for 2010, representing a slight increase of 0.3% compared with 2009.Lower prices of Migros’ products, alongside a currency-related decline in sales in the travel business, affected Migros Group’s sales during the year. The retail segment of the group ...
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NewsLondon, Glasgow and Manchester best for town centre shopping
London, Glasgow, and Manchester offer the best town centre shopping experience, according to research from retail consultancy Verdict.
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NewsFood prices will continue to rise, warn scientists
Food prices will soar 50% over the next 40 years because of supply shortages, according to scientists.
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NewsThe Co-op launches new food range
The Co-operative has introduced a new product range to reflect the British seasons.
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News
Woolworths sales increase 9.8%
Food and clothing retailer Woolworths has announced that preliminary group sales increased 9.8% year on year for the 26 weeks to December 26.This compares with sector growth of 5.9% during the same period. Clothing sales grew by 11.5%, 2.3 percentage points higher than the average in comparable stores (9.2%).The retailer ...
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NewsHolland & Barrett like-for-likes up 2.3% in December
Holland & Barrett reported like-for-like sales up 2.3% in December as shoppers sought out health foods over the festive period.