All Grocery articles – Page 557
-
NewsSales up in July, but food volumes down, ONS says
Retail sales rose 2.9% by value and 2.4% by volume in July compared with the same month last year, according to the Office for National Statistics.
-
NewsOcado shares hit new low
Home shopping group Ocado’s shares hit a new low yesterday, and from today the stock can no longer be propped up by Goldman Sachs acting as a trading counterparty.
-
News
Delhaize reports mixed H1 results
Grocer Delhaize Group posted mixed first-half results. In Belgium revenues grew 5.5% to €2.34bn (£1.91bn), supported by 4.7% like-for-like growth and new store openings. Alfa Beta in Greece put in another strong performance with a 7.3% increase in revenues to €765m (£627m) and gained further market share.Operations in Romania and ...
-
News
Big C Q2 sales up 2.4%
Casino-owned Big C has announced that retail sales in the second quarter of 2010 were up 2.4% to Bt18.4bn (£370m) compared with the same period last year.Operating profit grew 12.7%, with net profit growing by 15.8% to reach Bt686m (£13.8m), compared with a net profit last year of Bt592m (£11.9m). ...
-
News
Netto plans European expansion
After selling its UK business, Netto plans to aggressively expand in other European markets with a focus on Germany and Poland.The retailer plans to open 20 to 25 stores a year with money earned from the sale of Netto’s business in the UK, which was bought by Asda for €620m ...
-
News
A&P to close 25 stores
Tengelmann-owned grocer A&P has announced that it will close 25 stores in five US states in a move to stabilise its ailing business.According to the German company, stores affected include “locations in close proximity to other company stores, those facing real estate and cost issues, and underperforming non-core stores”. This ...
-
NewsRetailers in Scotland suffer worst like-for-like slide in 10 years
Retail like-for-likes in Scotland suffered their worst fall in 10 years during July - with the exception of April this year because of Easter distortions - when they slipped 1.4% year on year. Total sales advanced 0.8% in the month - the weakest growth since April 1999.
-
NewsTesco and Asda continue to underperform
Tesco and Asda continued to underperform the market in the latest grocery figures from Kantar Worldpanel.
-
NewsAsda Q2 like-for-likes fall 0.4%
Asda like-for-like sales fell 0.4% in its second quarter to July 31 and total sales grew in the low single digits.
-
NewsOcado second warehouse site gets green light
The green light has been given to a 124-acre extension to Birch Coppice Business Park where etailer Ocado is expected to open its second warehouse.
-
NewsSainsbury’s and Nectar launch iPhone apps
Sainsbury’s and loyalty scheme Nectar have today launched mobile phone apps.
-
NewsRetailers urge Government to tackle petrol prices
Retailers are urging the coalition Government to urgently tackle the rising petrol prices.
-
NewsMarks & Spencer’s former Indian boss joins competitor
The former chief executive of Marks & Spencer’s Indian business, Mark Ashman, has jumped ship to run local rival Hypercity, which sells Waitrose products in the country.
-
NewsFood prices up 59% over last three years
Shoppers have been hit by grocery price rises of as much as 59% over the last three years, according to research from MySupermarket.co.uk.
-
NewsTesco data firm to pay £17.5m dividend
Data firm Dunnhumby, which helped set up Tesco’s Clubcard, is to pay a £17.5m dividend to be shared between Tesco and the husband and wife team that founded the business.
-
AnalysisNo retailer is an island
Island retailers face particular challenges, but these have helped them to head off the mainland multiples
-
GalleryDer Bäcker Ruetz, Kematen in Tirol, Austria
If you venture into the Austrian Tirol you can get a sense of the traditional baker that has more or less vanished at everywhere but the top end in the UK.
-
News
Rise in wheat price will be ‘manageable’, says analyst
Fears that the spike in global wheat prices could indicate an alarming upward trend in costs for food retailers have been downplayed.
-
News
Whole Foods Market reports net income rocketed 53.5% in Q3
Whole Foods Market reported net income rocketed 53.5% to $65.7m (£41.1m) for its third quarter. Total sales increased 15% to $2.2bn (£1.4bn), while like-for-likes were up 8.8%. Whole Foods also boosted sales through a focus on opening smaller stores. Co-chief executive Walter Robb said: “We know that the economy is ...
-
News
Grupo Pão de Açúca to roll out Extra Supermercado fascia
Grupo Pão de Açúcar is to convert 170 CompreBem and Sendas supermarkets to a new fascia Extra Supermercados, by the end of 2011. 16 stores have already been converted, comprising 10 CompreBem in São Paulo and six Sendas in Rio de Janeiro.The retailer plans to convert 61 stores by the ...
