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All Grocery articles – Page 534
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News
South African Massmart to exit Zimbabwe
South African Massmart - a 51% stake of which is expected to be acquired by Walmart in early 2011 - has announced that it is to exit Zimbabwe, selling its two stores in the country to local grocer OK Zimbabwe.In October this year, Massmart announced that it was likely to ...
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NewsNisa-Today launches first TV ad campaign
Symbol group Nisa-Today is to embark on its first TV advertising campaign as it guns to build its brand profile with consumers and sign up new retailer members.
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News
X5 Retail Group to acquire Kopeika
X5 Retail Group has announced that it has signed an agreement to acquire Kopeika in a transaction with a total enterprise value of RUR51.5bn (£1.05bn) including assumption of debt.X5 Retail Group has acquired a strong network of Kopeika price-oriented supermarkets which will be rebranded to the Pyaterochka banner. The transaction ...
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GalleryThe very best stores of 2010
Despite the tough economic climate, both overseas and homegrown retailers haven’t held back on innovative store designs.
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News
A&P files for Chapter 11 bankruptcy protection
US Tengelmann-controlled A&P has filed for Chapter 11 bankruptcy protection as it struggles with enormous debt and increased competition from low-priced peers.The retailer operates 395 stores around the Northeast under the A&P, Waldbaum’s, The Food Emporium, Super Fresh, Pathmark and Food Basics banners.
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NewsBooker boss Charles Wilson replaces Justin King as IGD president
Booker Group’s chief executive Charles Wilson has been appointed president of international food and grocery analysts IGD, replacing Sainsbury’s boss Justin King.
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NewsSales rise in November
Retail sales rose 3.6% by value and 1.8% by volume in November compared to the same month last year.
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NewsTesco's One Stop acquires 77 stores from Mills
Tesco’s convenience fascia One Stop has acquired 77 stores from Mills Group as part of its long term expansion plans.
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NewsTesco among last bidders for Poland's Zabka chain
Tesco and Carrefour are among the final four bidders for Poland’s Zabka retail chain, it is understood.
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NewsFood, fashion and furniture show record November price inflation
Food, clothing and furniture price inflation recorded record rises for November, helping drive the Consumer Prices Index up by 3.3% overall.
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NewsCo-op to create 7,000 jobs
The Co-operative Group is to create 7,000 jobs as it gears up to take on the big four grocers.
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NewsIceland in takeover talks
Iceland is reportedly in talks with Middle East investors over a potential sale of the chain for up to £1.5bn.
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NewsGrocers suspend Scotland orders due to snow
Tesco and Sainsbury’s have stopped taking orders on their websites from customers in Scotland, because of the bad weather.
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NewsMarks & Spencer extends Christmas opening hours at 200 shops
Marks & Spencer will extend opening hours until 10pm or later at 200 stores during Christmas week.
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NewsWaitrose beats snow to deliver 'busiest day ever'
Supermarket group Waitrose beat snowy conditions to end last week “on remarkable form” after generating a sales uplift of 4.7% to £106.3m.
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NewsAnger at Scottish Government's £30m raid on retailers' coffers
Scottish Government proposals to milk big retailers for additional cash have been condemned as a threat to jobs and economic recovery.
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OpinionThe heat is on to make up lost sales
A successful retail Christmas is all about planning, but even the best laid plans can’t take account of the extreme cold snap that has paralysed large parts of the country over the past fortnight.
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NewsRetail gets the thumbs up as it outperforms
Investors filled their shopping trolleys with general retail and food stocks alike. The former outperformed the market despite lacklustre BRC sales data for November but are still down year on year.
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NewsTesco’s share growing but Morrisons falters
Tesco is back in the driving seat with aggressive promotions leading to a market share gain for the first time since May, while rival Morrisons’ share has slipped for the first time since 2007.
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News
Massmart launches website for extended food offer
In the run-up to its expected acquisition by Walmart, South African retailer Massmart has launched a dedicated website for the extended food offer that has recently been piloted at a Game variety store in Cape Town. The site - at Foodco.co.za - describes Foodco as “a supermarket inside Game that ...