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All Grocery articles – Page 535
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AnalysisBoxing Day trading
With Boxing Day falling on a Sunday this year, trading hours will be shorter. What impact will this have on retailers in-store and online?
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AnalysisWalmart to take Latin American lessons to Asia
In China, Walmart is launching compact hypermarkets as it aims to profitably penetrate the market, reaching more consumers in both rural and urban environments.
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NewsTesco set for strong Christmas after better-than-expected sales
Tesco reported that consumer sentiment is improving as it posted better-than-expected UK like-for-likes.
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News
ACCC to discuss Pick n Pay's sale of Franklins supermarket chain to Metcash
The Australian Competition and Consumer Commission (ACCC) has agreed to discuss Pick n Pay’s proposed sale of its Franklins supermarket chain to Australian Metcash at the national Federal Court. The ACCC announced that it was going to lodge the case by December 8, seeking an expedited hearing in early 2011.In ...
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News
Colruyt posts 7.9% revenue increase
Grocery retailer Colruyt posted a revenue increase of 7.9% for its first half, from E3.29bn (£2.79bn) to E3.55bn (£3bn). For the period ended September 30, gross profit jumped 9.1% to E900.4m (£763m) from E825.2m (£699.3m), which corresponds to a gross profit margin of 25.34% compared with 25.06% last year.
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News
X5 Retail Group to acquire Kopeika
X5 Retail Group has signed an agreement to acquire Kopeika in a transaction with a total enterprisevalue of RUR51.5bn (£106bn) including assumption of debt.As a result of the transaction, X5 will reinforce its number one position in the Russian retail market, mainly in Moscow and the Moscow region where Kopeika ...
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NewsDebenhams and Tesco top JP Morgan’s 2011 picks
Department store group Debenhams and leading grocer Tesco feature on broker JP Morgan Cazenove’s list of top stock picks for 2011, while fashion giant Next and supermarket group Sainsbury’s should be avoided.
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NewsTesco hit with complaints over voucher redemption
Tesco has been swamped with complaints over the way it has handled its Big Christmas Exchange Voucher campaign redemption.
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NewsShop price inflation dips in November as retailers ramp up promotions
Overall shop price inflation fell to 2% in November from 2.2% in October, outlining that retailers are running discounts and promotions in the highly competitive run up to Christmas.
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NewsCo-op trials city-centre home shopping service
The Co-operative Group is to trial a home delivery service to shoppers living and working in Manchester city centre.
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NewsMarks & Spencer and Waitrose gain food sales, Nielsen reports
Marks & Spencer and Waitrose both gained food market share their sales value growth has outpaced leading grocers, the latest data from market analyst Nielsen showed.
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NewsAsda director Doug Gurr to leave in January
Asda executive director Doug Gurr is to leave the business in January.
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NewsHolland & Barrett expands into Cyprus
Holland & Barrett has expanded into Cyprus via a franchise agreement.
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NewsShoppers plan to spend more on Christmas meal but rein in spend on presents
Three-quarters of shoppers are planning to spend more or the same on their Christmas meal this festive period compared to last year, according to the latest IGD ShopperTrack.
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NewsTesco reports improving UK sales as international remains strong
Tesco has reported improving sales in the UK in its third quarter, while its international markets delivered a “strong performance”.
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NewsWeak November retail sales leave Christmas 'delicately poised'
The crucial Christmas sales period got off to a slow start as snow at the end of November disrupted trading already under pressure as a result of a jittery consumer mood.
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NewsSainsbury's changes logo for Shrek film release
Sainsbury’s has altered its logo for a promotion advertising the film release of Shrek Forever After.
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NewsTesco sells canoes to promote its GB Canoeing sponsorship
Tesco is to sponsor GB Canoeing for the next two years in the run up to the London 2012 Olympics and will sell a range of canoes and kayaks to promote the sport.
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NewsTesco shop roof collapses in Scunthorpe under weight of snow
Part of the roof of a Tesco store in Scunthorpe has collapsed due to the snow.
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NewsGrocery spend will top £180bn by 2015
Consumers will spend £182.7bn in grocery retailers by 2015, an average annual growth of 3.9%, according to grocery research house IGD.