All Grocery articles – Page 76
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Data
Data: Online sales slide for first time ever as grocers run into tough comparisons
Overall grocery sales slipped while year-on-year online grocery sales declined for the first time ever as grocers began to confront tough comparisons from last year.
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News
Ocado suffers second major warehouse fire in two years
Ocado has been forced to cancel thousands of orders and apologise to its customers following a fire at its largest warehouse in southeast London.
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Opinion
Move of the Week: It’s no surprise Amazon looked to UK for grocery leadership
Tony Hoggett’s decision to leave Tesco for Amazon is a seismic move that will reverberate throughout the UK grocery sector.
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Gallery
Store gallery: Aldi unveils ‘first of its kind’ new Corner Store format
The discount retailer has launched a “first of its kind” Corner Store small-format shop in Sydney, Australia, showcasing Aldi’s offerings in a new urban setting.
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News
Retailers ‘cautious’ on reopening despite final government guidance
Retailers are remaining cautious about lifting restrictions around face coverings and removing in-store safety measures following the publishing of government guidance around lifting restrictions from July 19.
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News
Exclusive: John Lewis and Waitrose poised to make 1,000 roles redundant
Department store group John Lewis and sister business Waitrose have proposed 1,000 redundancies in stores, Retail Week can reveal.
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Opinion
‘Amazon’s symbolic swoop for Hoggett might not be its last raid on Tesco’
There are some stories that take on a much broader significance than the column inches they comprise.
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News
Walmart-backed Flipkart raises $3.6bn to power growth
Indian online retail powerhouse Flipkart has completed a $3.6bn (£2.6bn) fundraising to ”accelerate the growth of the consumer internet ecosystem in India”.
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News
Hotel Chocolat profits to beat expectations as sales climb
Specialist retailer Hotel Chocolat’s full-year earnings will exceed expectations after annual sales rose strongly.
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Data
Data: UK retail enjoys best quarter on record as sales soar
UK retail sales for the second quarter of the year saw the best growth on record, with retailers enjoying a boost from Euro 2020.
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Video
Retail Question Time: Has Brexit been better or worse than expected for retail?
Six months in, the impact of the UK’s withdrawal from the EU has brought turbulence, but to what extent can the industry live with it?
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News
Union urges government to roll back on removing mask mandate
Usdaw has urged the government to roll back on removing the mask mandate in stores as some grocers have warned of rising staff absenteeism due to coronavirus.
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News
Morrisons chief Potts to meet Kwarteng next week over takeover plans
Morrisons chief executive David Potts is expected to meet business secretary Kwasi Kwarteng next week to brief him on the potential takeover of the grocer by private investment group Fortress.
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News
Deliveroo to create 400 tech roles in fresh growth drive
Deliveroo is planning to create 400 new tech jobs over the course of the next year as it targets further growth.
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News
Morrisons: Government seeks assurances over Fortress takeover bid
Ministers will push for a crunch meeting with Morrisons’ senior leadership to seek assurances over its potential acquisition by US private equity firm Fortress.
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Analysis
Analysis: Would Majestic owners Fortress be a good fit for Morrisons?
Since Fortress’s £6.3bn offer for Morrisons was recommended to shareholders on Saturday, the private investment giant has become the favourite to take over the grocer. Retail Week looks at what kind of owner Fortress would likely be.
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News
Sainsbury’s raises profit forecast as performance ‘better than expected’
Sainsbury’s has upgraded its profit outlook as it makes “good progress against the plan to put food back at its heart”.
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News
Ocado pens deal with Spanish grocer as sales soar
Ocado has announced a partnership with Spanish grocer Alcampo to develop its online business.
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Opinion
‘Morrisons chiefs would not turn their backs on principles to do a wrong deal’
As far as statements of intent by would-be buyers go, particularly private investors, Fortress’ words carried some big commitments about what sort of owner of Morrisons it would be.
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News
Asda poaches KFC executive as chief customer officer
Asda has hired KFC executive Meghan Farren as its new chief customer officer.