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All Grocery articles – Page 609
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NewsStrong Morrisons update met with caution
Morrisons has unveiled robust trading in its first quarter, with “sales growth well ahead of the market”, it claimed.
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News
X5 moots expansion into Ukraine
X5, the largest grocer in Russia, is considering expanding in Ukraine.Group chief executive Lev Khasis said X5 is looking at a “big” merger, which would lead to the issue of new shares. He said the initiative in the country is a “theoretical opportunity” and the retailer has not made any ...
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NewsFood prices continue to fall
Food prices fell for the second month in a row as promotional levels within the grocery sector soar.
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NewsPark Group profits soar
Christmas savings specialist Park Group has revealed robust full-year profits and said it is “holding firm” in a difficult climate.
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NewsTesco bank unveils new Edinburgh headquarters
Tesco has opened its retail bank’s new headquarters in Edinburgh, which was yesterday hailed as a vote of confidence for the embattled Scottish financial sector.
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NewsSainsbury’s freezes bonuses for executives
Sainsbury’s has imposed a bonus freeze on its executives as it was revealed that boss Justin King took home £5m last year.
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NewsWal-Mart designates Asda international centre of marketing excellence
Wal-Mart has designated Asda its international centre of marketing excellence. The UK retailer will act as a global marketing academy for Wal-Mart under the leadership of Rick Bendel.
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NewsDirectors take home less at Sainsbury's
Sainsbury’s chief executive Justin King’s total remuneration fell 6 per cent last year.
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NewsAsda kicks off schoolwear price war
George at Asda has kicked off a school uniform price war, offering a complete uniform for £4.75.
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NewsAuditor voices doubt over Threshers future
Auditor Ernst & Young has voiced doubts over the ability of off-licence chain Threshers to continue as a going concern as it responded to parent company First Quench’s annual report.
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NewsProduct of the Year logo recognised by half of UK consumers
The Product of the Year logo has experienced a “dramatic” rise in awareness levels among UK consumers.
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OpinionIs Andy Bond the man for M&S?
Andy Bond has proven at Asda that he has the skills and experience to take on the top spot at Marks & Spencer, but would he take the role?
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NewsMarks & Spencer directors miss out on bonuses
Marks & Spencer executive directors, including chairman and chief executive Sir Stuart Rose, all went without bonuses and pay rises last year after pre-tax profits at the retailer fell 40 per cent.
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NewsWarm weather brings mixed fortunes for John Lewis Partnership
John Lewis had a tough week last week as the warm weather hit footfall and sales at its stores.
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NewsMay like-for-like sales hold up
Retail sales dipped again in May, after growing in March and April.
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News
Lidl seeks sites in Romania
Discount chain Lidl is looking for store sites as it prepares to enter the Romanian market, according to local media.The German group wants plots ranging from between 43,000 and 86,000 sq ft in towns with 30,000 inhabitants or more. Lidl plans to open stores in Galati, Bistrita-Nasaud, Lasi, Medias and ...
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News
Shoprite and Pick ’n Pay welcome investigation
Africa’s two largest retailers – Shoprite and Pick ’n Pay – have said they have nothing to hide about their supplier relationships and would welcome an investigation by the Competition Commission.The National Agriculture Marketing Council is expected to recommend an investigation into retailers’ “dominating” role with South Africa’s food producers.Shoprite ...
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NewsWaitrose gives last-minute show of support for retail ombudsman
Upmarket grocery retailer Waitrose has given surprise backing to the campaign for a retail ombudsman.
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Opinion
Gearing up for green shoots
As someone old enough to have endured the last recession, I recall that consumption GDP and the retail sector recovered relatively quickly – it took a modest three years for consumption to reach its pre-recession peak after the 1990s slump.
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NewsSpar pushes new format for the UK as sales surge
Symbol group Spar opened its flagship Eurospar store in Broomhill, Sheffield, today as the company revealed gross sales in the year to April 30 jumped 11.6 per cent.