Retail archive – Page 471
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Bolland handed stunning pay package
Morrisons has released Marc Bolland six months early from his contract so he is free to join Marks & Spencer as chief executive on May 1 with a stunning pay package.
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Globus leads German fresh produce retailers
German hypermarket operator Globus has been voted as the leading fresh produce retailer in the country
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Tesco fresh produce directors move on
Two of Tesco’s fresh produce category directors are moving to different roles, one with Fresh & Easy in the US
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Tesco fresh directors depart
Two of Tesco’s most senior produce figures have left the UK’s largest supermarket, in a move which could have serious implications for the future of the retailer’s future development, The Grocer reports.
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Walmart realigns US operations
The move will help facilitate growth – as the company seeks to enter new markets and develop new segments across the US – and drive efficiencies by better leveraging resources
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Food retailers under greater scrutiny
Retail operators in both Russia and the UK face stricter regulation after new government controls are introduced this month
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Low prices push Colruyt sales
Belgian discounter has reported on an improved sales performance through the first nine months of 2009/10
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Markets currency mooted
Market managers across the UK have been urged to act with initiative and introduce measures such their own currency to put themselves at the fulcrum of communities and ensure long-term prosperity.
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'Super tomato' on sale at Tesco
The Moruno variety boasts higher levels of lycopene and vitamin C compared with other varieties
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Pink Lady teams with Harrods
Pink Lady apples are teaming up with premium retailer Harrods this Valentine’s Day to offer shoppers 2,000 unique apples, each with a heart-shaped mark on their skin.
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Subhiksha to reopen as franchise
Collapsed Indian supermarket chain Subhiksha looks likely to reopen stores under franchise agreements
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Sligro in slight profit increase
Dutch group posts improved yearly net profit, with 4.2 per cent growth to €74m
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Wal-Mart redefines sourcing strategy
The new approach to global sourcing is aimed at providing customers with an assortment of better quality products at lower prices
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French steer clear of discounters
A new study looking at consumers’ habits reveals that French shoppers are much happier in the supermarket than the discount store
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Retailer woe as high street slows
The UK high street reported a slight fall in year-on-year sales in early January, disappointing retailers' predictions and ending a three-month run of sales growth, according to the CBI.
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Waitrose tops UK retail survey
Which? customer satisfaction survey places discounters Aldi and Lidl above Asda, Morrisons, Sainsbury's and Tesco in the UK
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Great Atlantic appoints new CEO
Supermarket chain hands top job to former Borders chief executive Ron Marshall
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Malaysian retail giant opens DCs
GCH Retail, which operates the Giant hypermarket and Cold Storage supermarket chains in Malaysia, is investing heavily in new high-tech distribution centres
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Chinese food spending growth high
Chinese spending on food is increasing an average of 17 per cent a year, according to a new USDA report
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Profits up for Indian retailer
India’s largest retail group Pantaloon has recorded an increase in profits for the quarter ending 31 December