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All Grocery articles – Page 557
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News
Makro plans 20 small-format stores
Cash and carry chain Makro, owned by Metro Group, plans to have 20 stores of the small-sized Makro Punct concept in the mid-term. Four stores are due to open within this year, according to Makro Poland managing director Uwe Hölzer.The stores are focused on fresh food and a higher private-label ...
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News
Ahold and Schwarz face Czech monopoly probe
Dutch retailer Ahold and Germany-based Schwarz Group are the subject of an investigation launched by the Czech anti-monopoly office UOHS into suspected abuse of market positions. UOHS said it was investigating whether the retailers abused their market power in the central European country, but gave no further details. Under Czech ...
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NewsShareholders pass all resolutions at Marks & Spencer AGM
All resolutions, including the controversial remuneration report, have been passed by the shareholders in the room at another high spirited M&S AGM.
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NewsThe Co-operative to roll out contactless payment
The Co-operative is set to become the first major grocery retailer to roll out contactless payment in its stores.
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NewsThorntons like-for-likes slump 6%
Thorntons has reported like-for-like sales are down 6% in its fourth quarter, which it said in part is due to higher than anticipated discounting of excess stock which it has now cleared.
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NewsHotel Chocolat raises £3.7m in chocolate bonds
Hotel Chocolat has raised £3.7m via its first Chocolate Bond offer, just shy of the £5m it originally targeted.
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NewsWorld Cup and sunny weather lifts retail sales in June
Retail sales grew 1.2% in June on a like-for-like basis with retailers benefitting from the hotter weather and the start of the World Cup.
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NewsOcado hits out against funding fear claims
Ocado advisers have hit out against suggestions that the etailer is facing funding problems.
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NewsOcado critic Philip Dorgan loses job
The analyst who was one of the most outspoken critics of Ocado’s IPO plans has lost his job.
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Opinion
Florence and the machine
Florence & Fred’s planned West End store will test whether the brand can stand on its own feet without the Tesco machine.
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NewsSainsbury's sets out tree pledge
Sainsbury’s has set itself the task of planting two million trees over the next five years, as it unveiled its 2010 corporate responsibility report.
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NewsOcado valued at 128p a share by independent analysis
Independent analysis by broker Collins Stewart values etailer Ocado at just 128p per share – 46% below the mid-point it has outlined in its IPO prospectus.
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NewsShares sale by Sainsbury’s chief dampens bid speculation
Speculation that Qataris investors are mulling a bid for supermarket group Sainsbury’s has been undermined by a share sale by chief executive Justin King.
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NewsJohn Lewis sales benefit from England’s World Cup exit
England’s exit from the World Cup is helping sales at department store chain John Lewis, which rose 11.4% last week to £67m.
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NewsTesco eyes West End for standalone F&F fashion shop
Grocery giant Tesco is looking for a standalone store for its clothing brand F&F in central London.
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OpinionDon’t be pilloried over pay
How striking that it is typically top-flight retailers that become embroiled in AGM fisticuffs.
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AnalysisPrice comparison claims
What powers does advertising watchdog the ASA have and what are the penalties for retailers that breach the UK Advertising Codes?
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OpinionWill Ocado’s IPO bubble burst?
The great dotcom bubble was based on ‘get large or get lost’, start-ups buying market share to get growth and then IPO-ing even if they had never made a profit. So is history repeating itself? Only time will tell.
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NewsNew look Morrisons opens in Bradford
Morrisons has opened its new look shop in Idle, Bradford, which features a concession for value fashion retailer Peacocks.
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OpinionThe best of both worlds
We could use some of the US’s ambition, but they can keep their food, says Malcolm Walker