All Grocery articles – Page 81
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NewsTesco full-year sales climb, profits dampened by rates relief return
Tesco boss Ken Murphy hailed the grocer’s “incredible strength” as it reported a rise in full-year sales and profits notwithstanding its business rates repayment.
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NewsSainsbury’s strikes new deals with Deliveroo and Uber Eats
Sainsbury’s has signed a two-year deal with delivery specialist Deliveroo to extend a trial to 100 stores and another with Uber Eats covering a further 78 stores.
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NewsGrocery powers retail sales rise in March
Retail sales climbed in March, but many categories remained in decline as grocery powered the increase.
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Opinion‘Grocers like the Co-op should not be vilified for holding on to rates relief’
Before making this point, let’s be perfectly clear: I was among those who expected the Co-op to repay its business rates relief this week.
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AnalysisAnalysis: Co-op’s business rates return refusal – prudent or a PR disaster?
Another impressive set of annual results for the Co-op has been overshadowed by its decision to keep business rates relief. Group chief executive Steve Murrells explains the decision and claims it has the full backing of members.
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NewsMorrisons becomes first UK grocer to remove plastic bags from stores
Supermarket giant Morrisons has become the first grocery chain in the UK to completely eliminate plastic bags from its stores, a move it says will save 3,200 tonnes of plastic a year.
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AnalysisWorldview: How Swarovski and Grocery Neighbour are reinventing the store
The Covid-19 pandemic is magnifying the need for retailers to rethink how physical space is used in the future.
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OpinionKen Murphy: ‘What Tesco is doing to tackle climate change now’
The food we eat – how it is produced, processed and transported, how much we eat or waste – has a significant impact on the environment. Food is responsible for nearly a third of global greenhouse gas emissions and almost 70% of global biodiversity loss on land.
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NewsAsda to partner with In The Style as it rules out George sale
Asda’s new owners the Issa brothers have committed to keeping the retailer’s George brand and unveiled plans to partner with third parties to attract younger customers.
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AnalysisAnalysis: Has private equity ownership done retail more harm than good?
Buy cheap, pile on debt, flog assets and extract the value, sell high to a new owner and pay yourself handsomely – that’s one characterisation of private equity, with recently collapsed department store group Debenhams seen as the poster child in critics’ eyes.
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Opinion‘As lockdown relaxes, retailers must pick up where they left off in 2019’
After a long, dark winter, Covid restrictions are at last beginning to be relaxed and retailers forced to shut during lockdown can look forward to reopening.
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NewsHeavy discounting in March as low demand plagues fashion and footwear
Shop prices continued to fall in March, as non-food retailers struggled to entice shoppers to buy during lockdown.
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DataData: Is the grocery pandemic uplift over?
After a year of extraordinary sales growth driven by the pandemic over 2020, new data shows that grocers are going to face strong comparables as the market annualises.
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NewsDeliveroo slashes share price amid investor fears over workers’ rights
Deliveroo is set to price its imminent float at the bottom of the range due to investor concerns over the pay and working conditions of its riders.
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AnalysisDeep dive: How much Amazon and Walmart are investing – and should you follow suit?
As retailers ramp up for the new normal, how are titans Inditex, Tesco, Walmart, Amazon and Walgreens investing?
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Retail VoiceRetail’s pandemic: reflections on a year since lockdown
It’s been a little over 12 months to the day since the UK entered lockdown. Conrad Digan, independent consultant at Objectivity, looks back at a year unlike any other for the retail industry.
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NewsRetail sales fall in February as online takes record share of spend
Retail sales registered a year-on-year decline in February as strong grocery sales failed to offset a 50% drop in fashion sales.
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DataData: How Covid-19 has reshaped the European grocery market
From the rise of online to a flight to value, new data produced by McKinsey shows the effect of the coronavirus crisis on the European grocery market.
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NewsCarrefour to buy Brazil’s Grupo Big from Walmart for €1.1bn
Carrefour has struck a deal to buy Brazil’s third-largest food retailer Grupo Big from Walmart for €1.1bn (£950m).
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NewsMcColl’s profits slide as Morrisons partnership extended
McColl’s has recorded a decline in profits as the pandemic altered its shoppers’ spending habits.