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All Grocery articles – Page 537
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NewsTesco's Brasher dismisses Clubcard concerns
Tesco’s incoming UK chief executive Richard Brasher has dismissed suggestions that its ramped-up loyalty programme is inflating UK sales.
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AnalysisMorrisons United
Retail transformation projects have a habit of causing disruption and falling short of their goals. Halfway through a radical four-year systems overhaul, how has Morrisons avoided the pitfalls? Tim Danaher speaks to the key players in the biggest transformation project in retail
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OpinionCooking up ways to connect
The most successful retailers are bringing their brands to life, says Mark Price
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AnalysisWalmart to take on big cities with small stores
Today, Walmart’s influence across America’s heartland is unmatched, and now it is looking to prove its competitors wrong once again by reaching out to a new, unconventional consumer: the city dweller.
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NewsTesco Asia trip shows grocer is realising global rewards
Analysts believe Tesco is “beginning to enjoy the benefits of its global scale” after the grocer ran an investor trip to Asia this week.
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NewsTesco predicts biggest ever Christmas
Tesco is predicting its biggest ever Christmas this year, backed by extended opening hours, expanded ranges and more services on offer.
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News
Metro profit rises 10.6% to #7bn
Grocery retailer Metro recorded a 10.6% increase in net earnings for the year ended September 25, on sales up 1.3% to CAD11.34bn (£7bn). Net earnings reached CAD392m (£241m) versus CAD354.4m (£218m) last year.During the fourth quarter earnings climbed to CAD93.4m (£57.5m) from CAD84.4m (£52m) a year ago, on sales up ...
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News
Loblaw like-for-like sales drop after acquisition
Grocer Loblaw has reported sales of CAD9.6bn (£5.9bn) in the 16 weeks ended October 9, up from CAD9.5bn (£5.95bn) in the previous year, helped by the acquisition of Asian supermarket chain T&T.Like-for-like sales declined 0.4%. Gross profit increased by CAD152m (£94m), or 7%, to CAD2.3bn (£1.4bn) in the third quarter. ...
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News
Falabella Q3 profit rockets 236.8%
Falabella has reported net profit of CLP81.9bn (£102m) for its third quarter, 236.8% above the figure for the same period last year.Revenues for the period rose by 21.6% to CLP1.08trn (£1.3bn). The company opened five supermarkets during the period, one in Chile and four in Peru. In Peru Falabella also ...
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News
Carrefour considers Dia sale
Carrefour is reportedly considering the sale of its discount business Dia. According to reports the retailer has entrusted French bank BNP Paribas with a “strategic audit” of its discount business worldwide. A member of the retailer’s executive committee was quoted as saying: “The sale of Dia had already been considered ...
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NewsGrocers' country of origin labelling to be expanded across supply chain
New guidelines on country of origin labelling have been published today which aim to roll out the approach taken by grocers across the entire food chain.
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NewsSuperquinn hires Andrew Street as chief executive
Irish grocer Superquinn has appointed former Dunnes Stores director Andrew Street as its chief executive.
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NewsAsda income tracker: average UK family had £4 a week less to spend in October compared to 2009
The average UK family had £4 a week less to spend in October compared to a year ago, according to the Asda Income Tracker.
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NewsNetto appoints new MD to lead Asda transition
Netto UK’s parent company has appointed the hard discounter’s property director as managing director to oversee the integration to Asda.
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NewsTesco to quadruple sales in China
Tesco plans to quadruple its sales in China to £4bn within five years.
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NewsTesco readies 'quad ploughs' to cope with expected heavy snowfall
Tesco has invested £1.3m to help its stores, dotcom operation and shoppers cope with the heavy snowfall expected this winter.
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NewsSainsbury's to open food colleges
Sainsbury’s is to open six food colleges across the UK and hire a further 500 staff.
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NewsTesco sales "strong" in Asia as analyst trip kicks off
Tesco said its performance in its Asian business continues to be “strong” as it kicked off an analyst event in the region yesterday.
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NewsMusgrave shuffles board roles
Musgrave Group has appointed Donal Horgan managing director of the GB operation, replacing Phil Smith who has resigned.