All Grocery articles – Page 554
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NewsProfits fall at Thorntons
Chocolates specialist Thorntons has posted a fall in full-year profits despite making market share gains.
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News
Penny to invest £12m in new Romanian stores
Germany-based Rewe Group’s discount division Penny is to invest €15m (£12m) opening 10 stores by the end of 2010.The retailer has opened nine stores so far in 2010, each covering between 10,765 sq ft and 14,000 sq ft. In total, Penny has 108 stores in Romania, six of which are ...
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News
Emperia Holding H1 revenues up 5.5%
Polish grocer Emperia Holding reported solid revenue growth of 5.5% to PLN2,832m (£600m) for the first half ended June 30.Net profit amounted to PLN32.4m (£6.9m), up 2.5%.The growth in revenue was driven by a strong performance at its retail stores, whereas revenues from its wholesale businesses grew only marginally. During ...
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NewsOcado sales up 30%, but shares fall in early trading
Ocado has revealed strong sales growth this morning in its first trading update as a quoted company, but its shares fell following the update.
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NewsLidl UK boss steps down
Lidl UK managing director Frank-Michael Mros is understood to have stepped down from his post.
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NewsSir Stuart Rose hints at TV career and defends his record at Marks & Spencer
Marks & Spencer chairman Sir Stuart Rose has hinted of his interest in fronting a Troubleshooter-style business TV show after he stands down from the retailer.
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NewsTesco to launch Nadine Coyle's debut solo album
Tesco has secured the exclusive launch of pop star Nadine Coyle’s debut solo album.
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NewsSainsbury’s Justin King to advise Prime Minister
Sainsbury’s chief executive Justin King is understood to be among the business leaders to become advisers to Prime Minister David Cameron.
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NewsM&S to raise £1m for Oxfam
Marks & Spencer has partnered with Oxfam to create a one day event where customers can donate unwanted clothing into M&S stores to raise £1m for the charity.
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NewsMorrisons considers online food launch
New Morrisons boss Dalton Philips is expected to signal a move into selling food online when he unveils elements of his strategy for the grocer at next week’s interim results.
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NewsMultichannel powers 12% rise in weekly sales at John Lewis
Department store chain John Lewis posted a sales rise of 12.2% to £57.8m last week, driven by a strong online and fashion performance.
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Opinion
Booze Britain
The Scottish government’s plans for a minimum price on alcohol are a useful contribution to the debate on alcohol
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AnalysisProfile: Peter Marks
The Co-op chief executive has been through tough times with the business. He tells George MacDonald about the retailer’s renaissance.
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NewsPromotions at a high as Co-op profits rise
About 40% of products on Co-operative Group’s food stores are on promotion at present - the highest level in recent times.
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GalleryTemma Cologne
Temma, in the southern part of Cologne, is the kind of food shop rarely encountered this side of the Channel.
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NewsTesco denies claims it let town centre decline to secure regeneration plans
Tesco has hit back at claims that it allowed a town centre to become derelict to give it a stronger case for securing approval for a development of its own.
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AnalysisHow the plus-size market is becoming a big deal
With mainstream retailers targeting plus-size and specialists ramping up their offers, how is this expanding market best exploited, asks Joanne Ellul
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OpinionTesco brings drive-though shopping across the Pond
Tesco’s drive-through shopping service comes as no surprise - Tesco is a great innovator (or very good at borrowing ideas from elsewhere) and we as a nation are following our chums across the Atlantic in expressing a liking for doing things in our cars.
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News
Ahold Q2 net sales up 10.8%
Food retailer Ahold saw net sales in the second quarter of 2010 climb 10.8% to €7.1bn (£5.8bn) compared with the same quarter last year, up 4.4% at constant exchange rates.This was positively impacted by business acquisitions in the first quarter, mainly Ukrop’s in the US.
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News
Couche-Tard Q1 profits up 42.2%
Convenience store operator Couche-Tard reported a 42.2% profit rise for the first quarter ending July 18.The retailer also announced it is to acquire 10 stores from US-based retailer Compac Food Stores. The profit rise was attributed to higher merchandise and service sales, strong petrol margins and good cost control.
