All Supermarkets articles – Page 234
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AnalysisThe Co-operative’s big year
The Co-operative Group isn’t just facing the usual technology challenges this year – as well as running normal IT projects, it’s busy integrating its entire business with Somerfield, which it bought in 2008. Rebecca Thomson speaks to food retail IS director Mark Hale about his plans
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NewsWalmart China suffers double departure
Walmart’s China business has been hit by the sudden resignation of two senior executives.
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NewsWalmart to set up London team to look at acquisitions
US giant Walmart is to set up a London team to launch into Europe.
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NewsKing hits back at supermarket critics
Sainsbury’s chief executive Justin King last night hit back at critics who accuse supermarkets of damaging the UK high street, describing their criticisms as “tubthumping”
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NewsSainsbury’s faces margin worries
Following last week’s annual results from Sainsbury’s, broker MF Global said it is concerned that the grocer’s operating margin is benefiting more from lower depreciation, lease and staff costs than productivity on higher sales growth.
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NewsAsda promotes quality agenda amid flat sales
Asda has pledged to extend its investment in product quality, complementing its established credentials on price.
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NewsTesco Japan boss takes group strategy role
Tesco has appointed the chief executive of its Japan operations as its new group strategy director.
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Opinion
Sainsbury’s is great again: now what?
It wasn’t that long ago that Justin King was the plucky upstart of the grocery world. Now, after a year of upheaval at its rivals, he’s now the elder statesman.
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NewsTesco courts fashion brands
Grocer targets mainstream clothing brands to sell online as it seeks to build credibility in fashion
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NewsSainsbury’s to go ‘beyond food’ in search for growth
Chief executive Justin King pledges to almost double sales from services, non-food and new ventures
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NewsBrokers urge caution as retailers beat the market
Store stocks strongly outperformed the All-share index as the latest BRC data showed a sales surge in April, when grocers and some general retailers benefited from sunny weather and bank holidays.
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AnalysisEdeka pushes on with growth after sales rise
Leading German grocer Edeka’s sales reached E39.1bn (£34.2bn) in 2010, up 3.9% compared with 2009.
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Opinion
Sainsbury’s 'Feed your family for £50'
Sainsbury’s recently launched its ‘Feed your family for £50 a week’ promotion which, as well as being heavily promoted on television and in store, has a great online tool.
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NewsMorrisons' Pennycook gets £1.25m sweetener
Morrisons has gifted finance director Richard Pennycook £1.25m in shares to encourage him to stay at the grocer.
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NewsAsda opens converted Netto stores
Asda opened its first two converted Netto stores on Tuesday in Wakefield and Worksop.
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NewsLandsbanki committee appoints advisers for sale of Iceland Foods
The Landsbanki resolution committee has hired UBS, Bank of America and Merrill Lynch to advise on the possible sale of Iceland Foods.
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NewsTesco appoints Barclays' Sir Richard Broadbent as chairman
Tesco has appointed Barclays deputy chairman Sir Richard Broadbent as chairman as David Reid stands down.
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NewsSainsbury's profits up 9%
Sainsbury’s has reported underlying pre-tax profit up 9% to £665m in its full year, saying it “outperformed the market in a challenging environment”.
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NewsVideo: Phil Clarke explains his strategy
Tesco group chief executive Phil Clarke is continuing his policy of openness with a new video explaining his strategy on the grocer’s website.
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NewsSainsbury's appoints new heads of clothing and GM
Sainsbury’s has raided Littlewoods and John Lewis for two key roles in its clothing and general merchandise teams.