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All Grocery articles – Page 594
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News
Aldi records £39m profit in Australia
Aldi’s discount store network in Australia delivered a profit of AUD72.6m (£39.19m) last year, on total Australian sales of AUD1.85bn (£998.6m).Aldi, which entered Australia in January 2001 and recently opened its 200th store there, has been profitable for the past three years. ”We have strong expansion plans for Australia ...
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NewsCo-op says it holds the key to ‘democratic consumerism’, not Asda
The Co-op has invited Asda to “come and see how it’s done” as it objects to its rival’s claims of leading the way in “democratic” business.
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NewsAsda installs webcams as it aims for company transparency
Asda has outlined a radical new strategy that it claims will make it the first genuinely transparent business that puts the customer at the heart of its decision-making process.
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NewsTesco retreats from Holmfirth superstore plan
Plans for a Tesco superstore in the West Yorkshire town of Holmfirth, home of the BBC comedy series Last of the Summer Wine, have been axed after a campaign by residents and local independent retailers.
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NewsMarks & Spencer second quarter beats expectations
Marks & Spencer delivered a better than expected second quarter performance, as UK like-for-like sales declined by just 0.5%, continuing the improving trend seen over the last three quarters.
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NewsAlcohol minimum price ‘would slash grocery bills’
Scrapping cut-price supermarket alcohol would mean families paying less for their groceries, according to a report in the the journal Clinical Medicine.
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NewsTesco ‘in talks to sell £400m property portfolio’
Tesco is reportedly in talks to sell a £400m portfolio of properties to a newly formed investment company seeking to take advantage of the opportunities of the recent falls in the value of UK commercial property.
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NewsRetailers to be hit by local car park tax
Retailers may be forced to pass on a new “shopping tax” to customers under new plans by local authorities to charge for parking spaces.
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OpinionShould Marks & Spencer be scared?
Waitrose is making a major play for convenience, stepping into prime Marks & Spencer territory. Should Marks & Spencer be scared, or is it confident of its position?
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NewsOnline grocery shopping yet to catch on
Many British adults have still to “click” with online grocery shopping in spite of its convenient image, according to new research.
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NewsRetail stock interest expected to continue
Stores rebounded after the recent bout of profit taking and outperformed the market, but food retail stocks remained mired ahead of results from Tesco and Sainsbury’s.
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NewsThreshers franchisees claim supply still lacking
Franchisees of Threshers, the off-licence chain owned by First Quench Retailing, have claimed that the lack of supply continues to hamper their businesses.
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NewsTesco promotes fresh food chief Colin Holmes
Tesco has promoted its fresh foods chief to the executive committee.
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News
Carrefour launches campaign
Carrefour has launched a campaign highlighting six menu ideas at less than e1 (86p) per person.Produced by Publicis, the campaign will run on TV and in the grocer’s 1,200 French stores.The menus, made using Carrefour own-branded products, are intended “to reduce the daily food bill while purchasing power is at ...
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AnalysisA chain that won’t break
After several years of investment and hard work, Sainsbury’s supply chain has overcome its availability problems. Charlotte Hardie reports
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News
Casino receives acquisition offer from Jumbo
Supermarket Super de Boer, owned by French retail group Casino, has received an acquisition offer from family-owned Dutch grocer Jumbo worth €482m.The board of Super de Boer are assessing the offer, while Casino, which owns about 57% of Super de Boer’s shares, supports the offer.If completed, the deal would represent ...
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NewsWaitrose chases convenience market and signs deal with Boots UK
Waitrose is to make a major play for the convenience market, and has embarked on a partnership with Boots UK to sell select product ranges in each others’ stores.
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NewsMorrisons joins BRC
Morrisons has become the final one of the UK’s top-ten food retailers to join the British Retail Consortium.
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NewsCBI: UK economy to emerge from recession in Q3
The UK economy is expected to emerge from recession through modest growth in the third and fourth quarters of this year, but constraints on demand will mean that growth in 2010 is fragile, according the CBI.
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NewsAsda report: UK families £8 a week better off last month
The average UK family was £8 a week better off last month compared to a year ago, thanks to inflation being at its lowest level since February 2005 and low interest rates on mortgages, according to data from Asda.