US regional retailer Ingles Markets has booked an increase in first-quarter profits, despite what it claims was a "very competitive" holiday season. In the three months ended 29 December, net profit amounted to US$11.6m, a 9.2% increase ...
Tags: retailer, Operating profit, grocery sales
Consumer products executives expect their highest growth to come from the warehouse club channel compared with any other retail sales channel over the next three years, including mass merchandise, grocery, and e-commerce, according to new ...
Higher sugar sales and strong growth at the Primark clothes retailer helped Associated British Foods to insulate itself against tough conditions in the UK food grocery market in its first fiscal quarter. For the 16 weeks to 5 January, ...
Tags: Foods, sugar sales, food grocery market
Worlds Apart has significantly boosted its sales team, hiring the former sales director of Golden Bear. Julie Taylor (pictured) will take on the role of head of grocery sales. She arrives at the firm following her 13-year career at ...
Tags: Worlds Apart, grocery sales, sales director
Rising sugar prices in Europe helped boost revenues and offset flat grocery sales for Associated British Foods in its third quarter. Group sales climbed 13% in the 16 weeks ended 23 June, the Ryvita maker said today (12 July). Sugar ...
Tags: sugar prices, grocery sales, Associated British Foods, third quarter
Expansion into Russia has hit profits from Finland-based retailer Kesko's food division in the first half of the year. Kesko, which is looking to open its first food stores in Russia, said operating profit excluding non-recurring items ...
Tags: Kesko, food division, food retailer, food industry
Ireland's grocery sales have seen their biggest fall for two years as shoppers reign in spending in the face of "tough" economic conditions, the latest figures from Kantar Worldpanel reveal. According to Kantar, the grocery market fell by ...
Tags: Own-label, sales rise, grocery market, Kantar
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
Irish grocery sales fell 0.9% in the 12 weeks to 5 August, according to the latest data from Kantar Worldpanel. The decline was not as steep as the 1.3% slide in the 12 weeks to 8 July but again demonstrated the pressure consumers in ...
Tags: grocery sales, latest data, Kantar Worldpanel, Kantar, Tesco, SuperValu
Grocery sales in Ireland remain under pressure, with the decline in sales accelerating, data from Kantar Worldpanel has shown. Sales fell 0.5% in the 12 weeks to 10 June, figures released yesterday (25 June) said. Last month, Kantar said ...
Tags: Grocery Sales, sales rise, Dunnes sales
Success in cutting costs quicker than expected, as well as an increase in underlying half-year sales and profits, helped drive Premier Foods plc's shares this morning (7 August). The UK food group said it now expects to cut costs by ...
Tags: cutting costs, UK food group, Premier Shares
Associated British Foods has said it expects "substantial" growth in full-year earnings after its first-half results benefited from a strong performance by its sugar division and Primark. For the six months to 3 March, pre-tax profits ...
Tags: ABF, substantial growth, sugar division, Primark
Branded food manufacturers are set to suffer further losses in market share as own-label products continue to grow in popularity,according to consumer market researcher,Kantar Worldpanel. In the soup:Tesco's decision to stock its ...
Tags: Branded food, own label products, market share, retailer
Ireland's grocery sales have increased in the last three months,Kantar Worldpanel has revealed,although the analyst firm remains cautious about the sector's prospects. Sales inched up 0.1%in the 12 weeks to 28 October,Kantar said today(12 ...
Upmarket UK retailer Waitrose achieved its biggest share of the country's grocery market in the last three months, according to the latest data from Kantar Worldpanel. Waitrose accounted for 4.7% of UK grocery sales in the 12 weeks to 30 ...
Tags: retailer, Waitrose, grocery market, increased