Retail archive – Page 535
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Online sales boost for Asda
Asda has overtaken Sainsbury’s to become the second-biggest online grocer in the UK - for the first time ever.
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Rewe to expand Italian produce offer
Discounter says it will increase the range of fruit and vegetables it stocks at its Penny Market Ambiente stores in Italy
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German discounters grow sales
High energy prices and bleak economic forecasts help Aldi and Lidl notch up new sales rises
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Auchan faces watermelon price fine
In Hungary, the French retailer's operation is accused of undercutting watermelon prices
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Waitrose kicks off £2.2m charity scheme
As many as 7,000 local charities stand to benefit from a new community scheme unveiled by Waitrose.
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Auchan moves to expand in Spain
The French group has agreed a deal to purchase supermarket chain Galerias Primero
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Rewe looks to cut carbon emissions
The German retailer has joined the Product Carbon Footprint scheme to measure its carbon footprint
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Carrefour eyes swift Romanian expansion
The French retail giant will invest heavily in increasing its market share in the Eastern European country, a report has suggested
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Marks moves in on top four
The Co-op wants to muscle in on the UK supermarket sector’s top four, and turn it into a top five with the £1.57 billion acquisition of Somerfield.
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Discounters have record share of grocery market
Discounters have pounced on difficult financial times for consumers to snap up a record share of the UK grocery market.
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A&P announces improved results
Tengelmann’s US retail subsidiary shows an increase in year-on-year sales as integration of Pathmark stores nears completion
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Ocado shows competitive streak
After delivering first £1 billion of sales, food delivery service Ocado has expansion plans on the cards to combat new competition from one of its shareholders.
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Grocery ombudsman could be delayed
The government is being urged to introduce legislation to create a grocery ombudsman, if the UK’s top 10 grocers refuse to voluntarily accept the implementation of such a regulator, says The Independent.
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Produce bucks price trend
Supermarkets are using fresh produce price fluctuations strategically to incentivise increasingly disloyal shoppers, despite a background of rising costs and prices of other core items.
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Big four unveil weekend price cuts
The price war between the big four supermarkets is continuing to hot up, as the price on hundreds of lines is either halved or cut to 50p.
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Safeway cuts 2008 sales forecast
The retailer is feeling the squeeze as consumers turn to cheaper stores to save money
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Delhaize lowers profit expectations
The retailer has adjusted its 2008 forecast as consumers change spending behaviour amid higher food and fuel prices
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Couche-Tard endures "challenging" Q4
The US retailer has seen a fall in net earnings of over 50 per cent during the fourth quarter, but has said that expansion plans will continue regardless
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Co-op confirms Somerfield purchase
The deal will see the formation of the fifth-largest food retail group in the UK
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IGD hails 'biggest structural change' to retail market in years
The £1.57 billion merger of the The Co-operative Group and Somerfield is the “biggest structural change in the UK for five years”, international grocery analyst IGD has claimed.