All Supermarkets articles – Page 226
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NewsMorrisons leads big four, while Aldi reports all-time record share
Morrisons was the only one of the big four to grow market share in the latest Kantar figures, while Aldi was the winner overall with growth of nearly 25%.
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NewsMorrisons founder to pay £210,000 fine over share sales
Supermarket veteran Sir Ken Morrison is close to reaching a settlement with the FSA over non-disclosure of share sales.
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NewsAsda to create 7,000 Christmas jobs
Asda is to create 7,000 Christmas jobs as part of a £5m investment in customer service for the golden quarter.
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NewsSainsbury's trials branded price match in Northern Ireland
Sainsbury’s is to take on Asda and Tesco and launch its version of a price match trial in a trial in Northern Ireland.
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NewsAsda guns to open 250 smaller supermarkets
Asda is gunning to open 250 of its smaller supermarkets after racking up sales uplifts of more than 50% in its Netto converted stores.
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NewsAsda expands quality meat offering
Supermarket Asda is to roll-out its Butcher’s Selection range as it seeks to boost its quality offering.
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Grocer Publix reported sales increase
Grocer Publix reported sales rose 5.8% in the second quarter, up to $6.6bn (£4bn), and like-for-like sales up 4.2%. Net earnings rose 9.7% from the previous year to $382.4m (£233.9m).Chief executive Ed Crenshaw said: “I’m proud our good operating performance resulted in another increase in our stock price.I congratulate our ...
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NewsMorrisons appoints Credit Suisse as it mulls Iceland bid
Morrisons has appointed Credit Suisse as its investment banking advisor as the retailer mulls bidding for Iceland.
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NewsResilient retail stocks flagged up as stock markets plunge
Plunging stock markets have created buying opportunities among retailers and prompted brokers to seek out resilient stocks.
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NewsStore stocks bear up despite wave of riots
Despite the wave of rioting, including shop-burning and widespread looting, stores were down but outperformed other stocks in a week when the global markets were undermined by renewed financial fears.
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OpinionTime to stop the supermarket space race
As the realities of both the severity and the length of the uncomfortable squeeze on real incomes and retail sales become more evident, Mary Portas and David Cameron look increasingly like the leading players in a Murdoch-directed horror movie: we can only hope that it doesn’t become a disaster movie.
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AS Watson reports total revenue rise
AS Watson reported total revenue rose 17% to HK$67.23bn (£5.28bn) in the first half to June 30. The health and beauty, and grocery retailer reported EBIT increased 25% to HK$3.55bn ($456m), which the company attributed to the management’s strong commitment to improving operating efficiencies, reducing inventory levels, increasing centralised purchasing ...
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X5 Retail Group introduces new convenience store format.
X5 Retail Group has introduced a new concept of its Perekrestok Express convenience store format.The new stores have a smaller sales area, ranging from between 755 sq ft and 2,155 sq ft, and the product range includes ready meals, convenience food and fresh bakery products. X5 plans to introduce a ...
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NewsTesco closer to India move as Government set to withdraw ownership restrictions
The Indian finance minister has hinted that foreign supermarkets such as Tesco and Wal-Mart could soon set up shop in the country.
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GallerySuper fashion in supermarkets?
As Waitrose gets ready to sell clothing, how do the big supermarkets deal with the matter of selling fashion? John Ryan travels to Milton Keynes to find out
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Grocery retailer Casino announces sales growth
Grocery retailer Casino has announced its second-quarter and half-year results for 2011. The retailer reported that consolidated net sales for the quarter rose by 18.8% to E8.3bn (£7.2bn) – a 4.7% rise achieved in the first quarter.The growth reflected the consolidation of the Casas Bahia electronics chain in Brazil within ...
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Aldi Süd adds leading brands to product ranges
Hard discounter Aldi Süd has added a number of leading manufacturer brands to its private label dominated product ranges in Hungary.New products comprise soft drinks from Coca Cola, a baking product from Dr Oetker and Nutella hazelnut spread.Aldi Süd extended the brand offer in Hungary six months ago, including Heineken’s ...
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NewsCredit insurers pay out to Superquinn suppliers
Suppliers to Superquinn who lost out when it was placed in receivership last month are set to be recoup monies from credit insurance policies.
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Pick n Pay extends sale deadline by two months
South African retailer Pick n Pay has extended the deadline for the sale of its supermarket banner Franklins to Australia’s third-largest grocer, Metcash, by two months.The sale has been opposed by the the Australian Consumer and Competition Commission due to concerns it would lessen competition in Franklins’ operating region.
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Grocer Coles reports fourth quarter sales increase
Grocer Coles reported fourth quarter sales of Aus$6.2bn (£413.6bn), up 5.2% like-for-like. Store development and operations director Stuart Machin said continued rises in the cost of living have made customers watch how they spend their money more closely. “Our lower prices and our ‘down down’ campaign has been well received ...