UK retailer Waitrose has today (13 September) recorded an increase in first-half profits boosted, it said, by sales, increased efficiency and investment in convenience and online. In the six months ended 28 July, operating profit climbed ...
Tags: profits, retailer, sales, operating profit
Russian grocery retailer Magnit has booked a 142% jump in first-half profit, driven partly by higher sales. Magnit said today (24 July) its net profit for the six months to the end of June rose to US$339.6m. Sales increased by 33%, ...
Tags: Magnit, grocery, profit, company news, sales
Canadian retailer Loblaw will start using Guiding Stars nutrition labels in its stores this week. From Friday (10 August), Loblaw outlets in Ontario will put the Guiding Stars tags on shelves in stores to highlight products that meet ...
Tags: Nutrition Labels, Canadian retailer, scheme
US grocery retailer Harris Teeter has booked a mix set of figures in the third quarter, hit by its recent M&A activity. In the three months to the end of June, net earnings amounted to US$15.8m, a decline on $32.1m reported a year ...
Tags: Profits, margins up, Lowe's deal
Australian grocery retailer Coles has booked a jump in full-year sales despite a highly competitive retail environment and food price deflation. Wesfermers, the coal-to-grocery conglomerate that owns Coles, revealed today (26 July) that ...
Tags: grocery retailer, retail environment, deflationary environment
In an attempt to expand its non-food businesses, Morrisons, the fourth largest supermarket chain in the UK, is soon going to launch its maiden garment line called Nutmeg. The famous grocery retailer’s new apparel range will ...
Tags: supermarket chain, Morrisons, non-food businesses, maiden garment line
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