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All Grocery articles – Page 629
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News
Redundancy fears at Fortnum & Mason as it consults staff
Iconic Piccadilly department store Fortnum & Mason is to enter in to a consultation period with its 530 staff as it anticipates a “particularly tough” 2009.
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News
Asda: UK households £4 a week worse off
UK households are 4 a week worse off than a year ago and further pressure is likely to be piled on throughout this year, according to Asda's income tracker.
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News
Spar prepares to launch Eurospar stores in Britain
Symbol group Spar is to bring its Eurospar format to mainland Britain after buying 11 Somerfield stores from the Co-op.
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Opinion
Morrisons takes the crown
Morrisons outperformed the industry over the Christmas period, but as we officially enter a recession, can it stay on top this year and continue to beat Tesco, Sainsbury's and Asda?
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News
UK in recession as ONS reports December retail sales value fall
The UK plunged into recession for the first time since the early 1990s, official figures confirmed this morning.
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News
Threshers confirms store sell-offs
First Quench Retailing – owner of Threshers, Wine Rack and The Local – has confirmed it is in negotiations with landlords to sell off unprofitable stores.
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News
Troubled retailers close more than two in five shops
Financially troubled retailers have been closing more than two in five stores as the economic gloom on the high street deepens.
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Analysis
Tesco: Knock on wood
Updated with video interview: Tesco has finally accomplished its goal of an eco-store blueprint that is innovative and green but cost-effective too. John Ryan visited the shop in Manchester’s Cheetham Hill on opening day
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News
Flurry of interest for Marks & Spencer stores
Marks & Spencer has received a flurry of interest from retailers wanting to take over the stores it has earmarked for disposal.
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News
Abel & Cole targets the big four
Organic online grocer Abel & Cole is to ramp up its marketing this year to push its price credentials in the face of fierce competition from the big four supermarkets.
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News
Sainsbury’s head office jobs to go in shake-up
Sainsbury’s has restructured its head office central support teams in a move that could lead to up to 300 jobs being axed.
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Opinion
John Richards: Think it's bad? You've seen nothing yet
Plan for lower sales in 2009 and 2010 and you won’t suffer too many unpleasant shocks. The severity of the financial crunch and the excesses that led to it mean that the adjustment process must not only be painful but protracted.
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News
Fund set up to back retailers of the future
A consortium of retail entrepreneurs has united to create an investment fund to support fledgling UK retail businesses.
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News
Sainsbury’s could suffer as price wars hit margins, analyst warns
Aggressive grocery promotions threaten food retailers’ margins, broker Blue Oar warned after conducting a price survey.
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News
Carrefour loses out to rivals with weak Q4 sales growth
Carrefour has posted its slowest quarterly sales growth in five years and been outperformed by its European counterparts.
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News
Harrods chief executive makes surprise exit
Harrods chief executive James McArthur has left the business after less than a year in the role.
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Analysis
NRF: Brave New World
After a year of financial turmoil a more humble and socially aware retail industry was on show at this year’s National Retail Federation convention last week. Joanna Perry reports from New York
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News
Short selling on retail stock doubles
Short selling positions on retail shares have almost doubled between November and January, as investors bet on further misery for the sector.
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News
Threshers considers 'hundreds' of store closures
The owner of Threshers is locked in talks with landlords about closing unprofitable stores.
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News
Morrisons enjoys strong Christmas
Morrisons has unveiled a market-beating Christmas sales performance, with like-for-like sales up 8.2 per cent excluding fuel in the six weeks to January 4.