Retail Gazette

JULY 17, 2023

Supermarket bosses will be facing energy secretary Grant Shapps after he warned he would hold retailers accountable if they continue to charge “sky high” petrol prices for customers. I will be telling them to do the right thing and immediately end any attempt to overcharge at the pumps.”

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Supermarket Wholesale Grocer Accounting 98

Inside Retail

MARCH 28, 2022

As of the end of 2021, Lotus’s had 2,618 stores in Thailand and 62 in Malaysia, divided among freestanding hypermarkets, supermarkets, mini-supermarkets, and hypermarket-anchored malls. Lotus’s at Yasothon is an example. At Asian hypermarkets, this rule is not always honoured.

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Supermarket Specialty Store Specialty Retailers Jewelry 130

365 Retail

JUNE 12, 2023

Lidl GB has announced that it will be incorporating Prevented Ocean Plastic into its water bottles – becoming the first UK supermarket to make this change. Lidl has been leading the way since 2020, when it became the first UK supermarket to introduce food packaging using Prevented Ocean Plastic.

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Supermarket Accounting ATS 119

Inside Retail

MARCH 26, 2024

The supermarket environment works so well for MCoBeauty, it has provided a loyal – and growing – customer base. MCoBeauty is the number one beauty brand at Woolworths and Big W, and I believe that we will be top sellers at [American supermarket chain] Kroger, too. SS: Not at this stage. SS: At the moment Australia.

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Marketing Supermarket Planning Accounting 246

Retail Gazette

JULY 25, 2023

Sales at UK supermarkets slowed throughout the past four weeks ending 15th July 2023, according to NIQ. The company revealed volume sales at the grocery multiples were down from -2% to -3.6%. The consumer intelligence company revealed total till sales were down to 8.9%, compared to 12.4%

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Supermarket Grocer Accounting Promotions 52

Retail Gazette

JANUARY 30, 2024

The supermarket’s revenues surged 8.1% in the 12 weeks to 21 January, accounting for 15.7% The supermarket’s CEO Simon Roberts said: “More customers are choosing to shop at Sainsbury’s, recognising our determined focus on value, product innovation and service.” of the total market, up 0.3% on last year.

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Supermarket ATS Grocer Accounting 67

Inside Retail

AUGUST 23, 2023

Australian retail giant Woolworths Group reported solid FY23 results on Wednesday , showcasing the supermarket sector’s resilience in the face of dropping consumer spend. Earnings before interest and tax (EBIT) from the company’s Australian supermarkets rose 19.1 per cent over the financial year to $2.8 per cent to $249 million.

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Supermarket Checkout Department Stores Management 246

Inside Retail

MAY 29, 2024

The booming retail business Aside from the retail properties, SM Investments also has a separate retail arm consisting of about 3850 department stores, supermarkets, hypermarkets and specialty stores. Same-store sales have been increasing at a rate above 6 per cent and twice that at its 74 department stores.

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Supermarket Department Stores Beauty and Health Specialty Store 147

Retail TouchPoints

JANUARY 30, 2023

The new supermarket concept Addie’s , a self-described “drive-up grocer,” has opened its first store in Norwood, Mass., At 22,000 square feet , this first Addie’s store stocks a wide selection of national brands and local favorites that will be regularly updated based on customer searches and requests. fueled by $10.1 of all U.S.

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Grocer Planning Supermarket Inventory Management 312

Inside Retail

FEBRUARY 22, 2024

The appointment of Amanda Bardwell as Woolworths Group’s next managing director and CEO, effective September 1, marks a historic moment for the parent company of Woolworths Supermarkets and Big W, which reported nearly $65 billion in sales last financial year. per cent of CEOs, 35.1 He announced his retirement just a few days later.

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Supermarket Promotions Management Accounting 264

Retail TouchPoints

MARCH 26, 2024

Cooperative food wholesaler Associated Wholesale Grocers (AWG) , which serves independently owned supermarkets, has expanded its partnership with Instacart to offer ecommerce and same-day delivery solutions as well as smart cart technology to its member retailers. An Instacart shopper will then pick and deliver the order.

Grocer 147

Grocer Wholesale Supermarket Shopping 147

A1 Retail

JULY 25, 2023

Total Till growth slowed in July following the unusually high growths in June, brought on by the heatwaves and peak inflation Discounts and promotions account for 22.5 NIQ data shows that volume sales at the Grocery Multiples also weakened to -3.6 This is the highest over the past 12 months except at Christmas and Easter.

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Supermarket Accounting Promotions Retailing Pricing 52

Retail Gazette

MAY 6, 2024

Waitrose has been accused of lowering redundancy payouts for warehouse workers already at risk of losing their jobs. The supermarket has come under fire for offering affected staff a reduced redundancy package after proposing a higher payout back in January. Click here to sign up to Retail Gazette‘s free daily email newsletter

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Supermarket Accounting Planning ATS 104

365 Retail

JANUARY 5, 2022

Households shunned pubs, restaurants and bars in December as the rise of the Omicron variant saw people spending near-record amounts in supermarkets and celebrating the festive period at home, according to new supermarket data. Researchers at Kantar found that sales hit £11.7 against 2020 and accounted for 12.2%

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Supermarket Accounting Marketing Management 64

Retail Gazette

MAY 20, 2024

The deal gave the supermarket chain a 20% minority stake in MFG and established commercial and supply agreements with the fuel group. At the time, Morrisons said it intended to use the cash proceeds of £1.8bn to strengthen its structure and help to repay some of its mounting debt pile.

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Planning Payment Services Supermarket Grocer 117

Retail Gazette

APRIL 11, 2024

Asda has been pressed to share a draft copy of its results with investors after its auditor failed to sign off in time on company accounts. According to The Telegraph , the supermarket’s bosses decided to share a private presentation with lenders late last month showing unaudited profits and sales.

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Supermarket Accounting Returns ATS 103

Inside Retail

SEPTEMBER 23, 2022

Earlier this week, supermarket player Coles announced it is selling its convenience arm Coles Express to long-time fuel partner Viva Energy for $300 million. If you look at what’s happened more recently, for all fuel operators the last few years, during the Covid-19 pandemic, have been challenging times,” Cain told the media on Wednesday.

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Supermarket Accounting Returns Marketing 246

Retail Gazette

MARCH 13, 2024

Accounts for the grocery giant’s parent company, Market Topco, revealed it fell to a pre-tax loss of £1.1bn for the year ended October, as its interest costs surged to £735m. Morrisons pulled in a £1bn loss last year, as debt interest payments related to its private equity takeover soared.

Payment Services 125

Payment Services Supermarket Finance Accounting 125

Inside Retail

MARCH 3, 2024

In Australia, the growing importance of loyalty programs could be seen in the half-year results of both Coles and Woolworths , the country’s leading supermarkets, which reported that the e-commerce, digital and loyalty aspects of the business were responsible for strong growth. million having purchased products at the members-only price.

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Supermarket Net Profit Department Stores Checkout 130

Retail Times

MARCH 5, 2024

Total Till sales at UK supermarkets slowed (+5.3%) in the last four weeks ending 24th February 2024, according to new data released today by NIQ. Retail Times publishes international & UK retail news covering products, data, tech, packaging, people, research, comment and more besides!

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Promotions Accounting Supermarket ATS 52

Retail TouchPoints

DECEMBER 14, 2023

More than 150,000 owners of select GE Appliances can now view seasonal recipes on their oven’s and range’s LCD screen and then seamlessly shop for the ingredients from supermarket giant Kroger. Touchscreens on the appliances will showcase a rotating selection of recipes from Kroger and strategic CPG brands including King Arthur Baking.

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Shopping Supermarket Accounting Consumer 224

Inside Retail

MAY 12, 2024

Additionally, 82 per cent of respondents are saving at least a portion of their monthly income, while 18 per cent are choosing not to save at all. The most popular savings methods were: Traditional savings accounts (71 per cent). High-interest savings accounts (28 per cent). Shares (24 per cent).

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Consumer Accounting ATS Supermarket 246

Retail Gazette

JANUARY 5, 2024

The move follows evidence given by both GMB Union and the grocer’s bosses at a committee session before Christmas, which Asda co-owner TDR Capital did not attend. GMB national officer Nadine Houghton said: “It’s right that MPs will finally get the chance to hold TDR Capital to account on their co-ownership of Asda.

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Supermarket Grocer Finance Accounting 123

Inside Retail

APRIL 15, 2024

Sydney-based entrepreneur, Julia Sakr, founded the luxury dog-bed brand, Barney, one of the brands that was “duped” recently by multinational supermarket Aldi. “I Inside Retail spoke to Sakr to understand the side effects of being duped on small businesses and what it signals for the state of the retail industry at large.

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Supermarket Consumer Advertising Accounting 277

Retail Gazette

APRIL 19, 2024

Asda co-owner Zuber Issa close to securing a deal to sell his £500m stake in the supermarket to its private equity backer TDR Capital. A search for a new CEO at Asda is already under way, with headhunters from Spencer Stuart conducting a search, according to people familiar with the matter. holding and TDR will own the rest.

Supermarket 104

Supermarket Grocer Accounting Returns 104

Retail TouchPoints

DECEMBER 7, 2021

With this new funding, Marketplacer has raised more than $85 million to date and now has more than 100 marketplaces on its platform globally, including major Australian supermarket chain Woolworths , lifestyle brand SurfStitch and fishing enthusiast app Fishbrain. Marketplacer launched in the U.S.

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Accounting Supermarket Marketing Management 270

Retail Gazette

JANUARY 3, 2024

The supermarket chain saw its sales jump 9.3% in the four weeks to 24 December, achieving its highest market share since December 2020 at 15.8%, according to analysts at Kantar. compared with last year to hit £790 million – accounting for 5.7% compared with last year to hit £790 million – accounting for 5.7%

Supermarket 125

Supermarket Accounting Promotions Consumer 125

Inside Retail

JUNE 17, 2021

The Fair Work Ombudsman today announced it has commenced legal action against supermarket giant Woolworths in regards to “ major underpayments ” of a number of its salaries managers. “Woolworths, for example, encompasses a thousand supermarkets and about 30 million customer transactions a week.

Payment Services 246

Payment Services Supermarket Accounting Management 246

Retail TouchPoints

AUGUST 16, 2021

Walgreens has introduced the myWalgreens Credit Card program, while supermarket chain Giant Eagle will start accepting PayPal and Venmo in-store as retailers continue expanding their payment options. Shoppers can apply for either Walgreens card in real time at checkout. Giant Eagle Seeks to Make In-Store Checkout Seamless.

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Payment Services Checkout Supermarket Accounting 257

Inside Retail

JUNE 28, 2023

Food for thought At IGA, supermarket sales rose 2.1 This echoes sentiments expressed by leadership at Coles and Woolworths, which have also seen customers trading down in order to avoid heightened prices caused by rising inflation. Both supermarket giants will release their full-year results in late August.

Supermarket 130

Supermarket Finance Accounting Management 130

Inside Retail

APRIL 27, 2021

According to WooliesX Managing Director Amanda Bardwell, e-commerce sales at the supermarket jumped 92 per cent from July to December 2020, and now account for eight per cent of total sales. The site is expected to begin construction in 2021, with an operational launch date in 2024.

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Planning Supermarket Fulfillment Accounting 243

Inside Retail

SEPTEMBER 19, 2022

Its marriage with Tesco Lotus virtually doubled it in importance, by making it the operator of nearly 2,700 hypermarkets, supermarkets, convenience stores and malls. The retail and wholesale businesses accounted for a roughly even split of the company’s 219.6 That was in October a year ago now. billion baht ($9.4

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Wholesale Supermarket Accounting Supply Chain Management 130

365 Retail

JULY 28, 2021

Their apps open, supermarket executives also enquire: “But who’ll own the data …?”. For example, since McDonald’s introduced kiosk ordering systems, sales have increased, in part due to reduced customer pressure at point of sale (POS). The post Why Amazon’s New “Just Walk Out” Supermarkets Will Change Everything.

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Supermarket Checkout Kiosk Grocer 59

Retail Gazette

FEBRUARY 4, 2024

Asda co-owner Zuber Issa is looking to sell his stake in the supermarket to focus on EG Group’s petrol station business. However, Price never had the supermarket as a client. Issa has approached buyout specialists and retailers as he looks to offload his 22.5% stake in the grocer, The Telegraph reported.

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Supermarket Grocer Accounting ATS 120

Inside Retail

JANUARY 27, 2024

“It’s still going to be challenging and a lot of hard work, but there is at least a realism in the goal of 50 per cent,” Par Stenmark, chief sustainability officer at Inter Ikea, told Reuters in an interview. Ikea’s use of raw materials such as wood accounts for the biggest share (45.9

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Accounting Planning ATS Supermarket 246

Retail Gazette

MAY 20, 2024

Zuber Issa is also understood to be seeking to sell his stake in Asda to private equity business TDR Capital, which currently co-owns the supermarket with the brothers. Revenue at the petrol station giant fell 5.4% The group posted a $1.4bn (£1.1bn) pre-tax profit for the year, up from a loss of $258m (£203m) in 2022.

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Returns Finance Supermarket Accounting 104

Retail TouchPoints

JULY 21, 2023

The supermarket retailer will roll out the smart carts at select St. Customers will be able to use their Schnucks Rewards account with the carts, providing them with access to clipped promotions and allowing them to view weekly circular deals as they browse the aisles. “We

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Checkout Promotions Supermarket Accounting 204