All Retail articles – Page 533
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M&S closes stores and axes more than 1000 staff
Marks & Spencer (M&S) will cut 1,230 jobs and close 27 stores after reporting one of its worst Christmas trading performances ever.
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Sales down, jobs cut at M&S
The retailer has revealed that group sales dropped 1.2 per cent during the third quarter of 2008/09
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Food sales to remain steady in Austria
USDA report suggests increased demand for healthy products will push up sales despite anticipated economic slowdown
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Cup 'n Go opens first Dutch store
Convenience format dedicated specifically to potatoes and sweetcorn begins pilot scheme in the Netherlands following German roll-out
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Marks and Spencer to slash 1,000 jobs
The economic crisis has taken its toll on the UK-based retailer, which experienced "dire" Christmas trading, according to reports
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Supermarkets step into pound land
Morrisons, Sainsbury's and Tesco are to follow Asda into pound land and slash prices on fresh produce in a bid to regain custom from discounters.
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Aeon slows Chinese expansion
Japanese retailer Aeon has throttled back its expansion plans in China
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Modern retail out for the count in India
Modern retail has lost the 2008 round in India, according to the industry
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Walmart signals Russian intentions
The US-based giant has joined the Russian retail association, with officials indicating that the group is working on a project in the country
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A steady ship on rough seas
The fresh produce sector is well equipped to ride out the global economic storm, which looks set to continue raging well into 2009
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M&S food buoyant despite slump
Marks & Spencer has benefited from festive food treats, with consumers trading up to premium ranges, but the retailer is still expected to report its worst Christmas since its inception.
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BRC reports "poor" festive spending
The British Retail Consortium (BRC) has reported a “poor Christmas for retailers” ahead of its December figures, to be released next week.
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Asda rolls back to ignite price war
Asda has adopted pound shop tactics on more than 1000 products in a move which may light the touch-paper on a price war between the main supermarket giants.
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Waitrose enjoys Xmas sales surge
Waitrose has posted a sales surge for the week before Christmas, with a 3.5 per cent boost in like-for-like sales.
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Metro appoints new produce director
Metro, one of Canada’s largest retailers, has named Daniel Archambault as its new director of produce procurement for the Quebec region
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Reduced spending to shape US market
US consumers are eating more at home and trading down to cheaper retailers as they seek greater value for money, according to a new report published by Rabobank
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Tesco to ‘slow’ US expansion
The UK retailer is set to open fewer Fresh & Easy stores than planned in 2009 in the face the current economic downturn
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Wal-Mart offers D&S purchase
US retailer Wal-Mart has offered to buy Chile’s largest grocery retailer, Distribución y Servicio
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Sainsbury's invests £9m in self-sufficient waste
Sainsbury’s is making a bid to become the UK’s first retailer to manage all of its own waste, with a £9 million investment over the next two years to open five food recycling plants.