Retail archive – Page 421
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Morrisons opening hundreds of local stores
Morrisons is planning to open hundreds of convenience stores over the next few years that will offer the same prices found in its supermarkets.
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Rewe plans Penny investment
Revamp of 800 stores and closure of 100 unprofitable outlets expected next year
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Ocado shares plunge as profit estimate revised
Shares in online supermarket Ocado have dropped by as much as 12 per cent since it has announced profits for the financial year are set to be lower than expected.
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Discounters top UK retail survey
Aldi and Lidl rated highly by UK consumers in supermarket satisfaction survey
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Makro offers fruit and veg at cost price
Egyptian arm of German-owned Metro's self-service wholesale subsidiary claims to offer "lowest prices on the market"
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Tesco C&C plans for India "on hold"
UK-based retail company reported to have delayed planned investments in new wholesale, cash-and-carry centres
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Waitrose tops satisfaction survey for third year
Waitrose has topped the Which? supermarket satisfaction survey for the third year running while Aldi and Lidl have come in second and third.
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Carrefour sees market share slide
French retailer's hypermarket market share slides 0.9 per cent, according to Kantar figures
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Tesco opens zero carbon store in Thailand
Retailer Tesco Lotus has opened its first zero carbon store in Thailand, the first of its kind in Asia
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Suppliers feeling Big Price Drop pressure
Tesco’s Big Price Drop is being dubbed the Big Price Flop as suppliers report the retailer has been asking for massive sums to help pay the cost of the promotion.
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Casino makes double Middle East move
Reports claim retailer has reached an agreement to develop store networks in Qatar and Oman
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Brand loyalty lacking for convenience retailers
Report by TNS finds that poor brand loyalty leaves UK convenience retailers vulnerable to major supermarkets
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Morrisons to create 7,000 jobs in 2012
Morrisons has announced it will create 7,000 new jobs next year by opening new stores and developing its manufacturing and logistics businesses.
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Carrefour set to make acquisition
The French retailer looks set to snap up Guyenne et Gascogne to strengthen its position in southwest France
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ICA To Go proving a hit
Swedish retailer set to open further store next year, and sees growth potential
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Waitrose enjoys sales surge
Waitrose has reported that total sales for the week to 3 December were 5.7 per cent higher than the same time last year.
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Russian retail market 'to exceed US$800bn'
Market recovering after recent downturn but will still fall short of expectations, according to new PMR report
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Produce sales value up 6 per cent in US
Latest Fresh Facts on Retail report shows demand for premium produce offerings spur increase in sales in third quarter
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English cranberries go on sale in Sainsbury's
Sainsbury’s has become the first supermarket to sell English-grown cranberries in its stores.
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N Ireland pressing ahead with large retailer tax
Northern Ireland is hoping to impose a tax on large retailers by April despite outcry that it is the “wrong levy at the wrong time”.