Retail archive – Page 560
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ArticleThe Co-op confirms Somerfield takeover
The Co-operative Group today confirmed that it has entered into an agreement to acquire Somerfield for £1.565 billion, in a move that will act as “rocket fuel” for its three-year growth plan.
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Migros launches consumer watch initiative
Swiss retailer Migros has revealed a new scheme to keep prices competitive by enlisting the help of watchful consumers
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ArticlePhoto Gallery | UK price promotions
Price is one of the more important features of the fresh fruit and vegetable category in the UK this summer
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ArticleWoolworths mulls Indian expansion
India may be next on Woolworths agenda, according to a financial analyst, as the retailer must expand abroad to maintain its profit growth
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ArticleShopper loyalty hits new low
UK consumers are more disloyal than ever in their choice of retailer, a new study has found.
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ArticleTesco set to drive down standard own-brand prices
Tesco is set to introduce a new range of own-brand products, it has been reported.
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ArticleDo Asian giants provide a safe haven?
The market potential of countries such as India and China provide welcome relief from the retail struggles in the western world
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Ocado to tackle food waste with receipts
Ocado is to put the use-by dates of food on its website and on shopping receipts in a bid to cut food waste at home.
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ArticleAsda attracts affluent shoppers
Affluent shoppers are hitting the aisles at Asda, with the retailer reporting a 6.5 per cent boost in AB consumers coming through its doors in the 12 weeks to June 15, compared to the year-earlier period, as reported on Marketing Week.
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Wesfarmers: Coles needs five years
“Chronic underinvestment” in Coles Group means it will take five years to turnaround struggling retailer, says Wesfarmers chief executive
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Co-op agrees Somerfield deal
A £1.6m deal has been struck between the retail groups, according to weekend media reports in the UK
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Waitrose to revamp image
Waitrose’s 190 stores are to be revamped in a £6 million project this summer, according to The Times.
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Somerfield takeover imminent
The Co-operative Group is expected to announce a £1.5-1.6 billion takeover of Somerfield this week - £300 million less than the supermarket chain had been after when it went on the market a year ago.
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Fresh food leading retail price inflation
Retail prices have risen less than overall inflation, it was confirmed this week.
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MIS improves service
The industry owned supermarket-monitoring service Market Intelligence Services (MIS) has increased the coverage and frequency of its collections.
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Delhaize looks towards Eastern Europe
Group CEO Pierre-Olivier Beckers has highlighted possible buying opportunities
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Second quarter sales up for Casino
Solid sales in the French group's domestic market coupled with international growth has contributed to a positive Q2
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ArticleMurraymania serves up berry boost
Tennis star Andy Murray’s strong performance at Wimbledon served up good news for Tesco and Scottish strawberry supplier Angus Soft Fruits (ASF), as his run appeared to give strawberry sales a boost.
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Rose gets shareholder backing
Marks & Spencer executive chairman Stuart Rose has been reappointed, despite nearly one in four shareholders refusing to lend him their support.
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Carrefour posts strong sales growth
The French retailer has recorded strong second-quarter results both domestically and internationally