Britain’s biggest retailer Tesco enjoyed a happier Christmas than Marks and Spencer, with sales up by nearly 2%, compared with sales down by the same amount at M&S. Online food sales were up by 18% on the same period last year. ...
Tags: Britain, retailer, Tesco, Marks and Spencer
Unsatisfactory online grocery experiences-especially on special occasions-are a sure-fire way to undermine brand loyalty,writes Andrew Don. A typical suburban family home last Christmas Eve:presents around the tree,table laid in ...
Tags: Asda, online service, online grocer Ocado, UK
More frugal consumers are evolving the way they shop in response to the austere economic environment, Sainsbury's CEO Justin King has suggested. Sainsbury's booked a 0.9% increase in third-quarter like-for-like sales excluding fuel this ...
Tags: Sainsbury, frugal consumers, CEO, Justin King
The week before Christmas was Sainsbury's strongest seven days of trading ever. The UK's number-three grocer served a record number of customers, with transactions exceeding 27 million. The supermarket also enjoyed its best Christmas ...
Tags: Sainsbury, grocer, food offering, company news
Sainsbury's today (9 January) reported that third-quarter like-for-like sales, excluding fuel, came in at 0.9%. While this represents a slow-down from the company's previous 31 consecutive quarters of growth, Sainsbury's was able to ...
Tags: food inflation, Sainsbury, sales, Retail Pack
UK supermarket group Morrisons has booked a "disappointing" set of results for the quarter to 30 December, with trading over the key Christmas period lagging the overall weak market. In its trading update, released this morning (7 ...
Tags: UK, supermarket group, Morrisons, sales
Morrisons today (7 January) hinted that an announcement regarding its long-awaited launch into online retail could be nearing. The supermarket operator, which earlier this morning booked a 2.5% drop in like-for-like sales in the quarter ...
Tags: Morrisons, announcement, online retail, supermarket operator
Morrisons has once again booked a decline in like-for-like sales worse than the overall market, as the group struggles to maintain its share in the face of a highly price-focused consumer. According to management, the "greatest headwinds" ...
Tags: Morrisons, headwinds, convenience offering, company news
IBM has unveiled a new experimental computer chip that it says mimics the human brain in that it perceives, acts and even thinks. It terms the machines built with these chips "cognitive computers", claiming that they are able to learn ...
Tags: IBM, computer chip, cognitive computers, Unveils Chips
UK retailer The Co-operative Group has appointed Kingfisher executive Euan Sutherland as its new CEO. Sutherland, 43, will take up the role in May next year, the UK's fifth largest grocer said today (19 December). Sutherland, COO at home ...
Tags: UK retailer, CEO, Kingfisher executive Euan Sutherland
It seems that not a day goes without an email popping in to my inbox from a supermarket or national chain advertising a toy sale. Of course, toys aren’t a grocer’s core market, and driving footfall via any temporary deal or ...
Tags: asda, disney, dominic sacco, grocers, retail, supermarkets, toynews blog
UK retailer Morrisons today (13 December) announced it would promote Trevor Strain to replace Richard Pennycook as finance director. Strain, who has worked in senior financial roles at Morrisons for three years, will succeed Pennycook, ...
Tags: Morrisons, Trevor Strainm, finance director
EAST CLEVELAND, Ohio — August 14, 2012 — (NYSE:GE) — Food City (Abingdon, Va.) operates 104 supermarket outlets in the tri-state regions of Southeast Kentucky, Southwest Virginia and Northeast Tennessee. Fed up with the ...
Tags: Ohio, high energy costs, LED lighting
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
US grocer The Fresh Market has upped its full-year profit forecast after an increase in first-half earnings. The retailer raised its full-year outlook to earnings of $1.33 to $1.38 per share with 5.5% to 6.5% same-store sales growth. That ...
Tags: profit forecast, grocer, Operating income, profit, earnings