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All Grocery articles – Page 616
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NewsBRC demands credit insurance redress at Budget
Half of large retailers say the reduction or withdrawal of trade credit insurance has undermined their ability to trade.According to the British Retail Consortium’s Credit Conditions Survey, 40 per cent of small and medium-sized retailers also say the reduction or withdrawal has undermined their position.Two thirds of larger retailers believe ...
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OpinionFacing the fear factor
It is vital to encourage spending and stop consumer confidence sliding, says Andy Clarke
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NewsSpar to use eco-store elements in Nottingham Eurospar
Spar will use elements of its store of the future in Northern Ireland in the first Eurospar to open on the mainland next month.
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NewsFresh & Easy introduces review section to website
Tesco’s US Fresh & Easy operation has introduced a product review section on its website to increase interactivity with its customer base.When shoppers sample a product in stores through the US grocer’s Kitchen Table tasting area, they can then review it online.A Tesco spokesman said: “This launch forms part of ...
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AnalysisOcado ups ante as online food battle hots up
With soaring sales and a price campaign taking on Waitrose and Tesco, Ocado’s confidence is growing. Jennifer Creevy meets co-founder Jason Gissing
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NewsSainsbury's to lift PoS signage with new system
Sainsbury’s is to improve promotional signage and labelling in its stores with the consolidation of the systems it uses to produce point-of-sale material.The project, which will bring together multiple applications under a unified signage system provided by Episys, is part of a larger initiative called The Simple Programme, which has ...
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NewsCo-op server estate virtualisation almost complete
Co-operative Group is about three quarters of the way through a project to virtualise its server estate and improve the levels of service the IT function provides to the rest of the business. The project kicked off early last year.The new HP computing platform will also be suitable to move ...
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OpinionOcado has carved itself a niche
Ocado has had a tough first few years setting up and competing with the likes of Tesco and Sainsbury’s but the e-tailer is starting to see the light.
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NewsSainsbury’s to improve product availability with new supply chain systems
Sainsbury’s is to transform the management of its supply chain to improve stock availability through a five-year deal with IBM.IBM will introduce new systems to help Sainsbury’s and its 4,000 suppliers find smarter ways of managing the supply chain and support continued growth in the grocer’s business.Sainsbury’s will use an ...
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NewsJohn Lewis weekly sales hit by Easter comparatives
Sales at John Lewis have suffered from the calendar effect of the fall of Easter this year, slumping 6.7 per cent in the week to April 4.
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AnalysisWhat are you doing on Twitter?
The micro-blogging website is this year’s internet phenomenon, so can Twitter form part of a serious marketing and customer insight strategy for retailers? Joanna Perry investigates
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OpinionHunger for food stocks sated
General retailers’ popularity has been growing of late. At the end of last week some big names rose again, at the expense of the food giants.Although food stocks are often popular for their defensive qualities during tough times, the big grocers were not the flavour of the week. Last Friday ...
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AnalysisEvery little helps the nation’s favourite
Knocking Tesco can seem like a national sport but it remains top of shoppers’ lists. Charlotte Hardie considers why the UK’s biggest grocer continues to be Britain’s favourite retail brand
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Magnit profits double
Budget food retailer Magnit has reported that profits doubled last year.Sales at Magnit, which operates discounters and hypermarkets in the south and northeast of Russia, rocketed more than 40 per cent to $5.3bn (£3.79bn) from $3.7bn (£2.5bn). Magnit forecast that sales would increase 35 per cent this year.Chief executive Sergei ...
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Midcounties Co-op bucks trend with profits boost
The Midcounties Co-operative has bucked the economic downturn to report a 35 per cent uplift in full-year profits to £16.2m.
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Casino gains call option on ING stake in Super de Boer
An agreement with ING has given grocer Casino a call option on the bank’s stake in Dutch grocer Super de Boer.
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NewsTesco’s management incentives ‘best in class’
Tesco’s management incentive scheme is the most likely among those of the big grocers to encourage strong performance, broker Bernstein has concluded.The broker said executive compensation structures are broadly similar at all three quoted grocers, combining basic salary, bonus and various long-term incentives.However, at Tesco and Sainsbury’s there is a ...