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All Grocery articles – Page 566
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OpinionA nail-biting time for Ocado
Now the election is out of the way, chiefs of private retailers with an eye on a IPO - Ocado among them - will anxiously follow the political and economic weather reports and consider whether they can get their floats away.
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News
Trend towards frozen food lifts Heron profits
Frozen food retailer Heron Foods has recorded a rise in pre-tax profits and turnover for the year to December 26, 2009.
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NewsSainsbury’s performance buoyed by Nectar scheme
Sainsbury’s chief executive Justin King has said the grocer will continue to focus on “genuine promotions” on products bought frequently as it continues to exploit its Nectar loyalty scheme.
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NewsBrokers raise a glass to Majestic Wine
Wine specialist Majestic disclosed on Monday that full-year profits, scheduled to be reported next month, will be at the top end of City expectations.
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NewsPoll shows consumers want loyalty card from Asda
Almost half of consumers would be more likely to shop at Asda if it had a loyalty scheme - an initiative the retailer has consistently ruled out despite pressure from rivals that run such programmes.
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Morrisons in talks with former Asda director Darren Blackhurst over trading role
Darren Blackhurst, the former Asda trading director who exited the business suddenly at the start of the month, is understood to be having informal conversations about a role at rival grocer Morrisons.
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NewsTesco to roll out mobile app beyond iPhone
Tesco is to expand the services on its Clubcard mobile phone app as it sends out £119m of vouchers in its summer mailing this week.
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AnalysisAndy Clarke: turning Asda around?
Asda’s new chief executive will use his operational experience to try to turn round the grocer’s performance.
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NewsBoots to open Advantage Card to other retailers
Loyalty card tie-up aims to generate new growth through strategic partnerships
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NewsAsda to sell privately prescribed cancer treatment drugs
Asda is to sell privately prescribed cancer treatment drugs on a not-for-profit basis from Monday.
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NewsTesco stores escape worst of Thai unrest
Tesco’s stores in Thailand are thought to have escaped the worst of the violence that has engulfed the capital, Bangkok, over the last few days.
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News
Whole Foods Market sales increase of 13.1% in Q2
Whole Foods Market reported that sales rose 13.1% during its second quarter to reach $2.1bn (£1.4bn). Like-for-like sales rose 8.7%, while identical store sales, excluding four relocations, increased 7.7%. EBITDA rose 40% to $182.3m (£126.3m), while net income increased 91.3% to $67.4m (£46.7m).The retailer also announced that John Mackey will ...
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News
Walmart to accelerate its roll-out in India
Walmart plans to accelerate its roll-out of wholesale stores in India. Walmart India chief Raj Jain said the retailer plans to open 10 to 12 wholesale centres in India over the next two to three years, bringing forward an earlier target of five years.The move comes as real estate prices ...
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Tesco appoints chief executive officer of its Malaysian operations
Tesco has appointed Tjeerd Jegen as chief executive officer of its Malaysian operations. He replaces Chris Bush, who has taken over as chief executive of Tesco Thailand.Jegen will be responsible for all areas of the Tesco Malaysia business, from operations to marketing, finance and corporate affairs, across the division’s 33 ...
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NewsSainsbury's launches first TV ad for non-food website
Sainsbury’s has launched its first TV ad campaign for its non-food website.
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NewsIceland’s Malcolm Walker defends former Baugur boss Jóhannesson
Iceland chief executive Malcolm Walker spoken up for Baugur founder Jón Ásgeir Jóhannesson, who was forced to stand down as chair of the grocer yesterday.
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NewsAsda Q1 like-for-likes fall 0.3%
Asda’s like-for-like sales excluding VAT and petrol have fallen 0.3% in its first quarter and the grocer expects conditions to remain tough.
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NewsInflation hits 3.7% in April
Consumer price inflation (CPI) rose in the year to April to 3.7%, according to the Office for National Statistics.
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NewsAsda staff to pocket £47m
Asda staff are to pocket an estimated £47m following the maturity of a three-year Walmart sharesave scheme.