Retail archive – Page 415
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ArticleUFCW pension plan hits Kroger results
Despite reporting a net loss for the fourth quarter of the year, Kroger's chairman and CEO calls its full-year results 'outstanding'
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ArticleTesco pledges to create 20,000 jobs over two years
Tesco has pledged to create 20,000 new jobs in the UK over the next two years by investing in customer service, refreshing stores and opening new ones.
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ArticleTesco Lotus IPO generates US$602m
Strong interest in Tesco Lotus IPO makes it the largest listing in the country since 2006
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ArticleAeon invests in Vietnam
Aeon’s president and CEO has reiterated the retailer’s commitment to increasing its footprint in Vietnam
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ArticleAll-round success for Ahold
Fourth quarter and full-year income comes in higher for the Dutch retailer as it hits cost reduction targets
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ArticleInterest grows in Tesco's fresh plans
Company understood to be preparing new strategy which will see it focus on improving its reputation for fresh food
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Prince of Wales and Sainsbury's among investors in waste start-up
The Prince of Wales and Sainsbury’s are among those investing £65 million in a new start-up company that will turn organic waste into energy at plants in the UK.
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ArticleVégétable Forum looks at convenience
The growth of the convenience format will provide the centrepiece for April's Végétable Forum in Paris
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ArticleCo-op to source only Fairtrade bananas
UK retailer says move 'could be a blueprint for feeding the world’s growing population'
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ArticleAeon appoints top-level management
Aeon announces new roles for its current president and vice president
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ArticleCasino records growth
An increase in international sales, combined with a solid performance at home, led to a year of growth for the French retailer
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ArticleTarget reports Q4 profits slide
Aggressive promotions by fellow US retailers over the holiday period has contributed to decline in earnings for the company
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ArticleTesco opens hi-tech dotcom store in London
Tesco has opened a 115,000 square foot delivery packing dotcom store in north London that could send its share in the online food sector to over 50 per cent.
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ArticleBerries rank as star US performers
US sales of fresh produce were driven by the berry and pepper categories in 2011, while melons fell short of the mark
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ArticleWoolworths eyes online sales growth
Australian retailer Woolworths targets A$1bn in sales within two years
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ArticleJob losses as Co-op restructures food business
The Co-operative Group has confirmed it will be making redundancies, mainly at its headquarters in Manchester, as part of the restructuring of its food business.
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Article'Top-up' shoppers offer independent opportunity
Shoppers who watch their budgets by topping-up their cupboards rather than buying in bulk are helping the convenience sector continue grow faster than the total food and grocery sector in 2012.
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ArticlePrice-cutting is 'only factor driving UK growth'
A round up of research shows that price-cutting is all that is driving sales at the major retailers while shoppers seem to be getting used to the tough times and looking at quality and values again.
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ArticleInternational acquisitions aid Walmart
Netto and Massmart purchases help push US retail giant's net sales up 5.8 per cent in the fourth quarter
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Del Monte discusses UK facility future
Loss of a contract with UK retailer Morrisons threatens over 100 jobs at a Fresh Del Monte site