Sainsbury's, the UK's third-largest grocer, today (9 May) reported a 7% increase in annual underlying profits, ahead of City forecasts. The company booked underlying pre-tax profits of GBP712m (US$1.15bn) for the 12 months to 17 March, a ...
Tags: profits, grocery market, grocery, sales
Canadian food manufacturer and grocer George Weston has recorded a decline in first-half profits thanks to costs from retail division Loblaw. In the six months ended 16 June, net profit dropped 7.1% to C$367m (US$366.4m) as higher costs ...
Tags: Net profit, Operating profit, Net sales
UK retailer Morrisons lost ground to its bigger rivals Asda and Sainsbury's, Kantar Worldpanel claimed today (11 September) as they issued their latest sales data on the country's grocery sector. The UK's fourth largest grocer saw its ...
Tags: grocery sector, ground, grocer, market share
Morrisons, the UK's fourth-largest grocer, has said it will bring in "larger and more consistent" unit pricing to help "restore trust" in prices. The company said "most products" will be labelled with the price per kilogram or price per ...
Tags: groce, Prices, unit price, food
US discount retailer Family Dollar Stores has hired Jocelyn Wong, an executive from larger grocer Safeway Inc, as chief marketing officer. Wong, who joined Safeway in 2010 from Procter & Gamble, will report to Family Dollar president and ...
Tags: discount retailer, Marketing Chief, grocers
Asda, the UK's second-largest grocer, has again increased the price it pays to milk farmers in its dedicated DairyLink scheme as protests over recent cuts in the industry continue. The company has offered its DairyLink farmers a two pence ...
Tags: milk, milk payment, milk farmers, dairy
UK retailer Asda has booked an increase in second-quarter sales but sales slowed in the most recent three months of its financial year. In the three months to the end of June, excluding fuel, net sales grew 3.2%. Comparable sales, ...
Tags: Asda, sales, financial year, Q2
Canada-based XL Foods has voluntarily recalled 260 additional beef products due to potential E.coli contamination risk,according to Canadian Food Inspection Agency. The affected products linked with the latest recall bear manufacturing ...
Posted by Jenni Spinner, Senior Editor -- Packaging Digest, 11/30/2012 7:10:00 AM Bob Evans Food Products introduces Breakfast Bakes, the simple goodness of breakfast in a hand-held hash brown, now available in the freezer section of ...
Tags: Breakfast Bakes, breakfast, hash brown, freezer
Novamex, a marketer of soft drinks, foods and Mexican brands in the US, has unveiled a new natural, sparkling, aloe vera beverage: Alova. Novamex has roped in specialty grocery retailer The Fresh Market to sell Alova line of aloe vera ...
Tags: Novamex, Sparkling Aloe Vera Drink, The Fresh Market Stores
Morrisons is offering shoppers that do not normally shop at the UK retailer discount cards in a bid to revitalise sales. The UK's fourth-largest grocer, which has seen sales come under pressure in recent months, is issuing cards that ...
US retailer Roundy's Inc said a "more challenging economic and competitive environment" affected results in the third quarter as profits fell. Earnings in the three months ended 1 October amounted to US$8.8m compared to $12.4m a year ...
Tags: retailer, competitive environment, profits fell, grocer
Barnes & Noble has removed PIN pad devices from all of its nearly 700 stores nationwide as a precaution after detecting evidence of tampering with the devices at 63 of its stores in eight states. It a statement Wednesday, the company ...
Tags: PIN pad devices, data breach, pad device, PIN pads
US discount retailer Family Dollar Stores has hired Jocelyn Wong,an executive from larger grocer Safeway Inc,as chief marketing officer. Wong,who joined Safeway in 2010 from Procter&Gamble,will report to Family Dollar president and COO ...
As grocery and food retailers continue to look for ways to increase profit margins by curbing costs, many are finding a solution in their refrigerated display cases. Replacing traditional fluorescent tubes in refrigerated display cases with ...
Tags: GE, LED Lighting