All Grocery articles – Page 75
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NewsPret plans regional roll-out to reduce reliance on London
Pret a Manger is set to open franchises and stores in regional locations after its city centre sales were decimated by the working-from-home trend.
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NewsMcColl’s warns of profit headwinds as its seeks to raise capital
McColl’s has said it may struggle to meet management expectations for the full year if availability issues continue into the second half.
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NewsAsda trials shop-in-shops for new start-up investment Lean Kitchen Network
Grocery giant Asda has invested in digital food service start-up Lean Kitchen Network (LKN) and unveiled plans for a four-store shop-in-shop trial, the latest in a string of partnerships designed to repurpose space in its stores.
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NewsDeliveroo growth beats expectations as it raids Amazon for senior hire
Food delivery specialist Deliveroo has reported growth “materially ahead of expectations” in its first half, when performance proved resilient as Covid restrictions eased.
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OpinionJo Whitfield: ‘Shopping little and often is here to stay as sustainability rises up agenda’
This year has brought seismic shifts in the food sector, which continues to adjust to the major impacts in trading brought about by Covid and Brexit.
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DataData: Online sales drop eases in July but decline continues
Online retail sales in July continued their declining trend seen throughout the summer, although the drop eased somewhat compared with previous months.
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NewsFortress increases bid for Morrisons to £6.7bn
The consortium led by US private equity firm Fortress has increased its offer for Morrisons in a bid to fend off rival suitors.
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NewsAsda boss Roger Burnley steps down with immediate effect
Asda boss Roger Burnley has left the grocer with immediate effect, months before he had initially been due to step down – and with no successor in place.
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NewsTesco online director Rimal Patel quits to join Joules
Joules has poached Tesco’s online director Rimal Patel to spearhead its work with third-party businesses in the UK and overseas.
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NewsJohn Lewis and Waitrose raise drivers’ pay to combat shortage
John Lewis Partnership, owner of the eponymous department store business and grocer Waitrose, has become the latest retailer to increase drivers’ pay as the industry faces a shortage.
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NewsGreggs serves up better-than-expected profits as sales climb
Food-on-the-go specialist Greggs expects higher full-year profits than expected after rebuilding sales in the first half.
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NewsMorrisons suitor CD&R poised to kick off bidding war
Morrisons is bracing itself for a counter takeover offer this week as shareholder opposition mounts against Fortress’ £6.3bn bid.
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NewsTesco and Aldi hike driver pay as shortages hammer grocers
Tesco and Aldi have hiked the wages they pay to lorry drivers in a bid to overcome the HGV driver shortage and keep shelves stocked.
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NewsWalmart to sell tech and logistics services to third-party retailers
Walmart is to start selling its technology and logistics capabilities to smaller retailers as it seeks out fresh revenue streams in the wake of the Covid-19 pandemic.
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NewsMorrisons’ largest shareholder hits out at Fortress takeover bid
Morrisons’ largest shareholder Silchester International has refused to give its backing to a £6.3bn takeover by US private equity firm Fortress.
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NewsTesco Bank to close all customer current accounts later in the year
Tesco Bank is closing all of its customer current accounts from the end of November and will write to those affected in the next two weeks to advise them on what to do.
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NewsPingdemic hits fashion as stores forced to close
Fashion retailers are being forced to close shops and the opening of a new department store has been delayed as the ‘pingdemic’ forces workers to isolate.
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NewsSupermarkets struggle to stock shelves amid Covid app ‘pingdemic’
Supermarkets including Tesco, Waitrose and Iceland have all been hit with staff availability issues as the ‘pingdemic’ forces workers to isolate.
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AnalysisAnalysis: What will be this year’s Christmas bestsellers?
For Retail Week’s Christmas 2022 bestseller predictions, click here
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NewsPrivate equity battle for Morrisons set to intensify as CD&R mulls offer
The battle between private equity firms to take over grocery giant Morrisons is set to intensify, with reports that Clayton, Dubilier & Rice is working on another bid.