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All Grocery articles – Page 559
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OpinionOcado investors should be in it for the long haul
“EBITDA should not be considered a substitute for gross profit/(loss), operating profit/(loss), profit/(loss) before tax.” Wise words from an unexpected place - none other than the very small print at the end of Ocado’s announcement of its intention to float, released last Thursday.
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AnalysisOcado moves to deliver on flotation
Ocado is bullish about its plans to float, but with the online grocer yet to make a pre-tax profit, is the IPO a good deal for investors
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NewsGrocers face muted growth, warns Bond
Asda chairman Andy Bond has cautioned that grocers face “two years of muted growth” as shoppers continue to tighten their belts in the tough climate.
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AnalysisThe customer knows best
OC&C’s customer research on a selection of retailers and their propositions will give the high street plenty to think about
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AnalysisCanada’s Sobeys benefits from innovative strategy
Sobeys’ results - although by no means spectacular - are thoroughly respectable in a Canadian grocery sector that is becoming ever more competitive.
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NewsMorrisons unveils revamped Bradford store
Morrisons has unveiled a new look for its store in Idle in Bradford, which features a concession for clothing retailer Peacocks.
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News
Mercator drops Merkur acquisition plan
Mercator, the country’s largest food retailer, has abandoned its plans to buy local rival Merkur due to issues with Merkur’s creditors. Last month Mercator signed a letter of intent to buy Merkur’s retail network, but Merkur’s bank creditors decided against the sale of any part of the company. Merkur, which ...
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NewsSainsbury’s ad celebrates British summer
Sainsbury’s today launched its latest advertising campaign with celebrity chef Jamie Oliver, with the first ad aired during breakfast show GMTV.
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NewsTesco under scrutiny over accounting policies
Tesco has come under scrutiny from a leading City analyst over its accounting policies.
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NewsTesco rapped over Asda price comparison ad
Supermarket giant Tesco has been censured by the Advertising Standards Authority (ASA) for the second time in a year for making “ambiguous and misleading” claims.
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NewsTesco sells log cabins
Tesco already sells most of anything shoppers could ever need and now it is adding flat-pack log cabins to its portfolio.
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NewsWalmart appoints new US head
Walmart has appointed Eduardo Castro-Wright to president and chief executive of Global.com and Global sourcing while Bill Simon is promoted to president and chief executive of Walmart US.
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NewsTesco to grow 50% by 2014, report predicts
Supermarket group Tesco is expected to grow by 50% to become a $146bn (£97bn) business by 2014, according to Planet Retail’s 2010 Global Retail rankings.
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NewsWarren Buffett increases stake in Tesco
Legendary investor Warren Buffett has increased his stake in supermarket group Tesco and now holds just over 3% of the grocer’s shares.
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NewsSainsbury’s shuffles management team
Sainsbury’s is to appoint a marketing director to report to newly promoted group commercial director Mike Coupe as part of the management reshuffle revealed this week.
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AnalysisGetting retail mergers right
Bringing two retailers together does not always ensure instant success or results. Mark Faithfull looks at the secrets of getting the process right
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DataICM Poll: The World Cup and retailing
In an exclusive poll for Retail Week, ICM Research interviewed a random selection of 2,039 adults aged 18 and over between June and 16, 2010 about the World Cup.
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DataICM Poll: The World Cup and retailing
In an exclusive poll for Retail Week, ICM Research interviewed a random selection of 2,039 adults aged 18 and over between June and 16, 2010 about the World Cup.
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NewsRetail recovery remains on course despite VAT rise
Leading retailers have reacted with relief to this week’s emergency Budget and are confident that it won’t derail the retail recovery.
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News‘Give customers a greater say,’ says Asda chairman
Asda chairman Andy Bond has said retailers need to revaluate how they engage shoppers of the future, hailing them as the “net generation”.