Retail archive – Page 538
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M&S board prepare for shareholder wrath
Sir Stuart Rose and his M&S board face a fiery annual meeting on Wednesday, after an unexpected profit warning this week.
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ArticleACS sets out stall
The Association of Convenience Stores (ACS) is to focus on planning policy reform and the proposed retail ombudsman, as it continues its campaign for a fairer grocery market.
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ArticleBarack Obama urges Tesco union talks
The presidential candidate has emphasised the need for unionisation in order to give employees a voice
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Article
Carrefour ups Chinese JV stake
The French company has increased its share in Guangzhou Jiaguang Supermarket to 80 per cent following a CNY40m share purchase
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Article
Retailers sign Romanian deal
An agreement has been reached between retailers and producers over a government proposal to help keep food prices stable
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ArticleTesco lifts banana price
Tesco increased the retail price of its bananas this week to 77p a kilo on loose fruit - 10p higher than Sainsbury’s, Morrisons or Asda.
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Article
Wal-Mart and McDonald's pull tomatoes
Two of the biggest names in US food retailing have taken action to withdraw certain varieties of tomato following last week's Salmonella outbreak
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Article
M&S shares fall on second-quarter results
A fall in like-for-like sales during the second quarter of 2008 has led to a drop in share price for Marks & Spencer, and the removal of Steve Esom from his role as director of food
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Article
Asda wins environmental excellence award
The retailer has walked off with a highly sought-after prize at the 2008 Environmental Leadership Awards this week
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ArticleWal-Mart expands local sourcing programs
The retailer says it expects to sell around US$400m of regionally sourced produce this year
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Article
Aldi unveils expansion plans
German discount chain Aldi is planning to open a new store in the UK every week, following a 20 per cent rise in sales in the past month.
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ArticleSales slump at M&S
Sales at Marks & Spencer dropped 5.3 per cent in the last three months, the high street chain has revealed, with its food business particularly affected.
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ArticleTesco appeals against Competition Commission proposals
Tesco is launching a legal challenge to the Competition Commission’s proposal to introduce a piece of legislation preventing stores from opening in towns where they already operate a large market share.
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ArticleEdeka discount expansion gets green light
German authorities approve takeover of Plus, with integration of Netto now on the cards
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ArticleWal-Mart launches Marketside website
The US retail giant has unveiled the site for its new small-store format outlets, thought to be in competition with Tesco's Fresh & Easy stores
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ArticleHans Vet set to retire from Ahold
Fresh produce veteran retires after 46 years at Dutch food retailer
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ArticleSainsbury's fuels fresh takeover rumours
Sainsbury’s has refuelled takeover rumours, with a report saying the chain is looking at selling its pension scheme.
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ArticleTesco stops sourcing from Zimbabwe
Retailer cuts supply amid growing international pressure but says it remains committed to helping growers and exporters "by other means"
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ArticleCo-op prepares to clinch Somerfield deal
The Co-operative Group may buy supermarket chain Somerfield in a deal worth up to £2 billion from its private equity owners next week, the Sunday Express reported.
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ArticleTesco performs Zim produce u-turn
The UK’s number one supermarket turned its back on Zimbabwean farmers last night, by caving in to public pressure and agreeing to take the country’s food off its shelves.