All Supermarkets articles – Page 126
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Analysis
International news analysis: Safeway weighs up sale options in tough market
The US’s biggest grocers have had a rough time of late. Walmart’s fourth-quarter and full-year results last week left much to be desired, while Supervalu was forced to sell big chunks of its business last year.
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Analysis
Tesco’s UK turnaround strategy: What the analysts say
Tesco yesterday hosted investors and analysts to outline how it will accelerate its strategy to turnaround its UK arm. Retail Week rounds up the reaction.
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Analysis
In quotes: Tesco chiefs on the grocer’s accelerated turnaround plan
Tesco yesterday shed light on its plans to step up the pace of its UK turnaround. Retail Week picks out some key quotes from its bosses.
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News
The Co-operative Group considers sale of pharmacy and farms businesses
The Co-operative Group is expected to generate losses of more than £2bn and is considering selling its farming operations and its pharmacies.
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Opinion
Comment: Money in the tills is key for Morrisons
Arbitrage is the practice of taking advantage of a price difference between markets. It’s usually a City term, but is actually common in retail.
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News
Tesco reveals online grocery profits as it builds multichannel offer
Tesco has revealed it made £127m of trading profit in its UK online grocery arm last year, lifting a shadowy veil from one of the biggest unanswered questions in grocery.
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News
Asda invests extra £100m in price cuts as it battles discounters
Asda is to add to its pot of £200m set aside to invest in prices this year with an additional £100m cash injection.
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News
Tesco to further scale back new space growth
Tesco will today outline plans to cut back its investment in new space to no more than £2.5bn a year for the next three years.
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News
Tesco to accelerate turnaround as boss Philip Clarke admits 'a lot' of work to do
Tesco plans to ramp up its UK turnaround strategy as boss Philip Clarke admitted there is still “a lot” of work to do to rebuild the brand.
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News
Tesco expected to reset margins to woo more shoppers
Tesco is expected to reset its UK margins as it attempts to wrestle spend back and turn around its flagship business.
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News
Infographic: John Lewis sales rise as shoppers pick up wet weather gear
John Lewis sales jumped 6.4% as the rain and stormy conditions encouraged shoppers to snap up wet weather gear.
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Analysis
International news analysis: Leclerc in prime position to overtake Carrefour
Market leadership in France is poised to change hands for the first time in a generation. Independent operator Leclerc is poised to overtake rival Carrefour later this year.
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News
Planning rules stunt store expansion in 2013
The number of stores operated by multiple retailers edged up 0.71% to 102,095 last year after planning constraints stunted growth.
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News
Asda dubs rivals’ money-off vouchers ‘an admission of guilt’
Asda food boss Barry Williams has called rivals’ money off vouchers an “admission of guilt” that shoppers had been charged too much for their groceries.
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Opinion
Comment: Asda needs to promote quality to hit back at discounters
Asda’s sales have been under pressure from the discounters and it needs to work harder to win value shoppers.
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News
Asda sales growth slows as retail terrain transforms
Asda boss Andy Clarke is “under no illusions” that seismic changes in the food retail sector are permanent after the grocer’s sales edged down over Christmas but held up over the year.
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News
Joe Fresh unveils global expansion plans as it inks new partnerships
Joe Fresh, the Canadian clothing retailer, has revealed international expansion plans that will see it expand outside North America for the first time.
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News
Morrisons family in talks with banks on private equity financing deal
Morrisons family members are working with bankers on a debt financing package worth up to £5bn to back a potential sale of the grocer to private equity firms.
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News
Breakfast briefing: Retail news on Morrisons, Lovehoney and Smiggle
Retail news round-up on February 20, 2014: Banks lines up £5bn debt financing for Morrisons sale, Garden Centre Group hires promotional space firm, Lovehoney to star in TV series and Smiggle opens its first UK store.
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News
Breakfast briefing: Retail news on Aldi, SuperValu and Scottish retail sales
Retail news round-up on February 19, 2014: Discounter Aldi beats upmarket peers in Which? survey, SuperValu launches drive through click-and-collect number and Scottish retail sales rise.