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....Seattle offers a glimpse of the store of the future. Amazon’s experimental convenience store in the city has eliminated the entire checkout process – erasing the need for cashiers. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 09:00:35 AM
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Latest Finance News related to Convenience Store

End of the checkout line: the looming crisis for American cashiers image
Source : Guardian [Read Article] Wednesday 16th of August 2017 09:00:35 AM
....Seattle offers a glimpse of the store of the future. Amazon’s experimental convenience store in the city has eliminated the entire checkout process – erasing the need for cashiers. ...
Sainsbury's Nisa takeover talks paused after competition concerns image
Source : Guardian [Read Article] Monday 14th of August 2017 04:31:08 PM
....”. Nisa, which is owned by its shopkeeper members who must vote to approve any deal, hired bankers this year to advise on its strategic options in light of the proposed Tesco-Booker alliance, which marked a potential major shift in UK convenience store retailing. ...
Asda posts worst annual figures since Walmart takeover image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 01:21:34 PM
....All the “big four” grocers have suffered in recent years from seismic changes to the industry. Consumers have swapped their weekly shop for more frequent visits to smaller convenience stores as they seek to cut down on food waste at home. ...
Tesco faces in-depth investigation into £3.7bn Booker takeover image
Source : Guardian [Read Article] Wednesday 12th of July 2017 08:31:46 AM
....Tesco operates more than 3,000 stores across the UK, while Booker supplies more than 5,000 stores under the Premier, Londis, Budgens and Family Shopper brands. The proposed deal would turn Britain’s biggest retailer into a major supplier to small retailers, serving 125,000 independent convenience stores as well as 468,000 restaurants and pubs. ...
Lloyds and the FCA must give full story on HBOS Reading fraud | Nils Pratley image
.... The deal now looks smart. Would a purchase of convenience store operator Nisa also fit the bill? Coupe wouldn’t comment on the talks but the commercial logic looks fine. ...
Sainsbury's sales helped by hot weather image
Source : BBC [Read Article] Tuesday 4th of July 2017 07:07:05 AM
...." . Widespread media reports have suggested Sainsbury's is lining up Nisa, a convenience store chain and wholesaler, for its next acquisition. ...
Sainsbury's sales sizzle as shoppers snap up paddling pools image
Source : Guardian [Read Article] Tuesday 4th of July 2017 06:53:35 AM
....”. Online grocery sales rose by 8%, Sainsbury’s convenience store sales were up by 10% and clothing sales rose by 7. ...
Nisa denies staff annual bonuses despite hitting performance targets image
....25bn, Nisa has been catapulted into the limelight after Tesco’s £3. 7bn takeover of Booker, the wholesaler behind the Londis and Budgens chains, kickstarted consolidation in the convenience store sector. ...
Can you buy anything real with Bitcoin? On the streets of Bristol, it proves a hard sell image
....The dark economy is moving into the light. In a few scattered places, 40 or so in London, one in Manchester, another in Birmingham, Bitcoin ATM machines have appeared, issuing the cryptocurrency from an unlikely array of convenience stores, vaping outlets and barbershops. ...
Singhsbury’s store becomes Morrisinghs after legal threat image
Source : Guardian [Read Article] Tuesday 27th of June 2017 05:48:23 PM
....A shopkeeper has dealt with the threat of legal action from Sainsbury’s over his similarly named store by changing its name from Singhsbury’s to Morrisinghs. Jel Singh Nagra, 42, has changed the name of his convenience store in West Allotment, North Tyneside, after Sainsbury’s said its original name, Singhsbury’s, was too similar to its own branding. ...
Nisa members air discontent at prospect of Sainsbury's takeover image
Source : Guardian [Read Article] Friday 23rd of June 2017 06:07:36 PM
....Influential member groupings in the Midlands, Ireland and London, some of which are able to pool votes under a proxy voting system, are planning to oppose the Sainbury’s deal even though they are yet to see how the numbers stack up. The potential takeover by Sainsbury’s comes after Tesco’s takeover of Booker, the wholesaler behind the Londis and Budgens chains, raised expectations of a wave of consolidation in a market where about 80% of the UK’s 41,000-plus convenience stores are independent or belong to buying groups such as Nisa or Costcutter. ...
Tesco staff 'shocked' as call centre closure puts 1,100 jobs at risk image
Source : Guardian [Read Article] Wednesday 21st of June 2017 02:05:28 PM
....But the latest changes are part of a cost-cutting drive designed to improve the efficiency of Tesco before its £3. 7bn takeover of Booker, the cash and carry company behind the Londis and Budgens convenience store chains. ...
Sainsbury's poised to buy Nisa in response to Tesco swoop on Booker image
Source : Guardian [Read Article] Saturday 17th of June 2017 12:35:00 PM
.... It is understood that following talks with potential suitors, which included the Co-op and Morrisons, Nisa is poised to recommend Sainsbury’s to its members as its preferred bidder. Tesco’s takeover of Booker, the wholesaler behind the Londis and Budgens chains, has set a cat among the pigeons in a market where around 80% of the UK’s 41,000-plus convenience stores are still independent or belong to buying groups such as Nisa or Costcutter - known as the “symbol groups” in the industry. ...
As we wave goodbye to cash, ATMs have had to get a whole lot smarter image
Source : Guardian [Read Article] Saturday 10th of June 2017 05:59:18 AM
.... In Europe, the number of installed ATMs has been declining by 6% a year since 2010, while in Australia withdrawals have fallen by 22% over the past five years. Contactless cards have encouraged us to “wave and pay” on transport systems and at coffee shops, convenience stores etc, making cash almost entirely redundant for some. ...
Sir Stelios Haji-Ioannou pledges to give half of £2bn fortune to charity image
....Haji-Ioannou said he had signed up to the Giving Pledge, an organisation founded by Gates and fellow billionaire Warren Buffett, which asks the world’s wealthiest people to give away the majority of their money. The Cypriot-born magnate, who has stamped his orange-hued “easy” brand on everything from aeroplanes to cut-price convenience stores, was estimated to be worth £1. ...
M&S profits dive by nearly two-thirds as clothing sales slide image
Source : Guardian [Read Article] Wednesday 24th of May 2017 06:59:23 AM
....Rowe, who began his retail career aged 15 with a Saturday job at M&S’s Croydon store and took over as chief executive in April 2016, is seeking to revive the 132-year-old retailer’s declining profits. His biggest job is turning around its clothing arm, which under predecessor Marc Bolland relied on heavy discounting to attract shoppers, but he must also capitalise on the success of its foodhalls, which are in a sweet spot as Britons increasingly visit convenience stores rather than do a big weekly grocery shop. ...
Marlboro maker accused of using branded tins to sidestep plain packaging rules image
.... They will also no longer be allowed to stock packets of 10 cigarettes or smaller sizes of rolling tobacco, as part of a package of measures designed to limit the appeal of smoking. In the run-up to the change, Philip Morris has distributed tin containers, the same size as a 10-pack of cigarettes, to convenience stores around the country. ...
Morrisons sales jump as recovery continues image
Source : BBC [Read Article] Thursday 4th of May 2017 07:51:41 AM
.... . Changes have included pulling out of running smaller convenience stores under the M name, as well as a focus on cutting prices. ...
Sainsbury's weighs up franchise deals to boost Local network image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 05:08:00 PM
. Sainsbury’s is considering expanding its convenience store chain by offering franchise deals to independent retailers as it struggles to find suitable new sites. ...
Sainsbury’s warns over pay squeeze as profits slide image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 10:02:09 AM
....Coupe said the company had a three- to five-year plan to move towards “strong and steady” profits growth. While sales fell by 2% in Sainsbury’s core supermarkets amid heavy competition from the upstart discounters Aldi and Lidl and changing shopping habits, Coupe said the company was investing in growth areas including online groceries and convenience stores, where sales rose by more than 8% and 6% respectively over the year. ...
Sainsbury's warns of rising costs as profits fall 8.2% image
Source : BBC [Read Article] Wednesday 3rd of May 2017 06:27:59 AM
....Sainsbury's is also seeing a change in shopping habits, with customers making more trips to smaller stores, but spending less on each trip. Sales in Sainsbury's convenience stores grew more than 6%, while those in its big supermarkets fell 2%. ...
‘We will be forced to close’: Polish and Czech food stores post-Brexit image
....For Anish and Minal Shah, the jury is out. The couple first started selling east European foods at their south-west London convenience store in 2004. ...
Tesco to report a return to financial health image
Source : Guardian [Read Article] Sunday 9th of April 2017 04:14:41 PM
.... “We expect a beat and look for a confident outlook,” said Mahamkali. Last year Tesco made an operating profit of £944m but five years ago that figure was £4bn, which is why some investors are worried the purchase of Booker, the cash and carry company behind the Londis and Budgens convenience stores, will derail its recovery. ...
Thousands of Tesco jobs at risk under plan to axe some night shifts image
Source : Guardian [Read Article] Wednesday 5th of April 2017 04:55:52 PM
....The latest changes are part of a cost-cutting drive designed to improve the efficiency of Tesco stores before its controversial £3. 7bn takeover of Booker, the cash and carry company behind the Londis and Budgens convenience store chains. ...
Tobacco display ban hits sales at Budgens and Londis owner image
Source : Guardian [Read Article] Thursday 30th of March 2017 07:50:20 AM
. Booker, the wholesaler behind convenience store brands including Budgens and Londis, which is the target of a £3. ...
Sainsbury's sales fall but Argos growth strengthens image
Source : BBC [Read Article] Thursday 16th of March 2017 07:24:57 AM
....1% rise in like-for-like sales seen in the 15 weeks to 7 January. Sainsbury's convenience stores saw total sales growth of almost 7%, with 10 new outlets opening in the quarter. ...
Calls for ibuprofen sale restrictions after study finds cardiac arrest risk image
....He added: “The current message being sent to the public about NSAIDs is wrong. If you can buy these drugs in a convenience store then you probably think: ‘They must be safe for me. ...
Morrisons profit rises as recovery continues image
Source : BBC [Read Article] Thursday 9th of March 2017 07:36:42 AM
.... . Changes have included pulling out of running smaller convenience stores under the M name, as well as a focus on cutting prices. ...
How to save WH Smith from its 'godawful uniformity' image
Source : Guardian [Read Article] Tuesday 7th of March 2017 04:52:17 PM
.... “If it starts to refit and invest a lot of money, the only way that will be paid for is through increased prices. Onlookers might look down their nose and say it’s a bit soulless, but it has become a convenience store and it capitalises on that high footfall traffic. ...
Budgens closes 34 stores with loss of 815 jobs image
Source : Guardian [Read Article] Tuesday 7th of March 2017 10:04:23 AM
. More than 800 jobs will be lost with the closure of 34 Budgens convenience stores – about a fifth of the chain – after administrators failed to find a buyer. ...
Sainsbury's to cut 400 jobs in shakeup of operations image
Source : Guardian [Read Article] Friday 3rd of March 2017 06:56:36 PM
....Britain’s biggest four food retailers – Tesco, Sainsbury’s, Asda and Morrisons – are overhauling their business models in response to dramatic changes in how Britain buys its food. Supermarkets are losing market share to convenience stores, discounters and online shopping. ...
Tesco to replace 1,700 managers with lower-paid staff image
Source : BBC [Read Article] Monday 27th of February 2017 03:31:16 PM
. Tesco plans to replace 1,700 deputy managers in its chain of Express convenience stores. ...
Waitrose voted UK's best supermarket image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:01:26 AM
.... For the online ranking, shoppers were asked about relevance of substitutions for products, value for money and delivery service. The consumer group also asked more than 4,700 people about their experience of using convenience stores, with M&S Simply Food stores coming top and stalwarts Budgens, Nisa and Spar at the bottom. ...
Five reasons why Waitrose is closing stores image
Source : Guardian [Read Article] Thursday 9th of February 2017 02:57:04 PM
....Its not just the rise of Aldi and Lidl that has affected Waitrose. One of its biggest rivals, Marks & Spencer, has also been expanding fast in recent years, opening hundreds of its Simply Food convenience stores. ...
Hundreds of Waitrose jobs may go as retailer plans six store closures image
Source : Guardian [Read Article] Wednesday 8th of February 2017 08:17:54 PM
....3m as sales at established stores slid 1%. Rob Collins, the managing director of Waitrose who took over from Mark Price last year, plans to open just eight Waitrose stores this year – most of which will be convenience stores. ...
War of convenience as supermarket chains take on small stores image
Source : Guardian [Read Article] Saturday 4th of February 2017 04:00:33 PM
.... But over the past 15 years small shopkeepers like Patel, whose family moved to London from Kenya in the 60s, have found themselves in the front line of an escalating convenience-store war, as the big supermarkets moved into what had once been considered a retail backwater. Now the convenience store market is facing renewed scrutiny after Tesco pulled a rabbit out of the hat last month by announcing a £3. ...
Supermarket tycoon Sir Ken Morrison dies aged 85 image
Source : Guardian [Read Article] Wednesday 1st of February 2017 12:44:02 PM
....A proud Yorkshireman, Morrison was highly respected in the retail world for his no-nonsense approach to shopkeeping. Known for his stinging wit, he told former boss Dalton Philips, who stalled the business even as he modernised it by moving into convenience stores and the internet, that his strategy was “bullshit”. ...
Has Vodafone finally got the right Idea in India? image
Source : Guardian [Read Article] Monday 30th of January 2017 07:07:50 PM
.... With Tesco and Booker, the postcode pain threatens to be excruciating. The big idea in the takeover is that thousands of independent Premier, Londis and Budgens convenience stores – currently supplied by Booker – will be serviced in future by the company that owns thousands of competing Tesco Metros, Expresses and One-Stop convenience outlets plus the UK’s biggest traditional supermarket business. ...
After the Italian job, BT boss must make sure success doesn’t blow up in his face image
....But aside from opportunities to cut costs – and bringing together some of the brightest minds in retailing – it is difficult to see how Booker makes Tesco a better retailer and how Tesco makes Booker a better wholesaler. Given that Tesco is the UK’s largest retailer and Booker owns convenience store brands Premier, Budgens and Londis, the Competition and Markets Authority will almost certainly have a look at the deal. ...
Why is Tesco buying Budgens' owner – and will it affect shoppers? image
Source : Guardian [Read Article] Friday 27th of January 2017 02:12:27 PM
. Booker is a grocery wholesaler supplying 125,000 independent convenience stores as well as 468,000 restaurants, pubs and leisure facilities such as cinemas. ...
Tesco to buy Budgens and Londis owner Booker in £3.7bn deal image
Source : Guardian [Read Article] Friday 27th of January 2017 07:18:45 AM
....The deal is expected to be scrutinised by the competition authorities as Tesco is already the country’s biggest retailer, with more than 3,500 stores and control of close to 30% of the grocery market. The proposed acquisition would turn Tesco into a major supplier to small retailers, serving 125,000 independent convenience stores as well as 468,000 restaurants and pubs. ...
Link cash machines may start charging because of row about network fees image
Source : Guardian [Read Article] Wednesday 18th of January 2017 01:10:13 PM
.... This means the costs rise for those banks whose customers are heavy users of rivals’ cash machines. About 25% of the machines currently charge for withdrawals because they are operated by independent suppliers installed in locations such as convenience stores. ...
Record Christmas at Sainsbury’s 'shows logic of Argos takeover' image
Source : Guardian [Read Article] Wednesday 11th of January 2017 08:29:40 AM
....5% in the quarter compared with a 1% fall in the previous six months. Britain’s second largest supermarket chain said online groceries, convenience stores, clothing and other non-food performed strongly in the third quarter. ...
Sainsbury's reports record Christmas sales of more than £1bn image
Source : BBC [Read Article] Wednesday 11th of January 2017 07:30:30 AM
....The supermarket said clothing and general merchandise businesses had a strong quarter, up 10% and 3% respectively. Online and convenience store performance was also strong, with sales up more than 9% and 6%. ...
Morrisons sees best Christmas performance for seven years image
Source : BBC [Read Article] Tuesday 10th of January 2017 07:29:30 AM
.... . Changes have included pulling out of running smaller convenience stores under the M name, as well as a focus on cutting prices. ...
Retailer B&M reveals hearty Christmas trading period image
Source : Guardian [Read Article] Wednesday 4th of January 2017 02:19:57 PM
....The strong sales at B&M – which Arora bought in 2005 with his brother – bode well for discounters despite talk of a fightback by the major supermarket chains before Christmas. Strong sales from Nisa suggest the convenience store sector also had a good Christmas. ...
BP fills up with $1.3bn Australian petrol station deal image
Source : BBC [Read Article] Wednesday 28th of December 2016 02:46:00 PM
.... . The two firms will trial a convenience store business at 200 stations as part of the agreement. ...
Co-op Group planning 1,500 UK jobs with 100 new stores image
Source : BBC [Read Article] Wednesday 28th of December 2016 12:24:35 AM
....The company is entering the final stretch of a three-year turnaround programme following a period of turmoil mainly involving its banking group. Stuart Hookins, property portfolio and development director at the Co-op, said: "Whilst other retailers are scaling back their expansion plans, the Co-op continues to open new convenience stores. ...
Co-op convenience store sell-off to McColl's approved image
Source : BBC [Read Article] Tuesday 20th of December 2016 09:19:16 AM
....McColl's said it would begin to integrate the Co-op stores into its network by the end of January, with all conversions completed by August. The purchase means McColl's will now have around 1,300 convenience stores across the UK. ...
Flushing out name of new FTSE 100 player image
Source : Guardian [Read Article] Sunday 18th of December 2016 07:00:44 AM
....It reckons there were 32,722 general retailers that have one “red flag” against them in November, a rise of 8% from the same time last year. For food and drug retailers (which include things like convenience stores, pharmacies, grocery stores, supermarkets) the numbers with “red flags” have risen by 11% to 8,832. ...
Festive food shoppers brace for battle on ‘frenzied Friday’ image
Source : Guardian [Read Article] Sunday 18th of December 2016 12:04:36 AM
.... “I think this year shoppers will start buying their fresh produce from Wednesday onwards, to make sure it’s in tip-top condition,” said Joshua Bamfield, an analyst with CRR. “Friday is definitely going to be the busiest day and convenience stores will benefit from people ‘topping up’ at the last minute. ...
The future of shopping: drones, digital mannequins and leaving without paying image
Source : Guardian [Read Article] Saturday 10th of December 2016 03:59:02 PM
....The retailer claims the Amazon Go store is “the world’s most advanced shopping technology” but other businesses are also trialling shop-assistant-free concepts. The Näraffär convenience store based in an isolated village in Sweden, for example, relies on a mobile app which lets residents access the store, scan their shopping and then pay via a monthly invoice. ...
Amazon unveils plans for grocery shop with no checkouts image
Source : BBC [Read Article] Monday 5th of December 2016 06:29:02 PM
....This is not the first time a grocery retailer has attempted innovation in the US. Tesco disposed of its Fresh & Easy shops in 2013 after the small convenience stores focused on healthy foods proved unpopular with US shoppers more used to extensive choice. ...
Morrisons to revive Safeway brand name image
Source : BBC [Read Article] Tuesday 22nd of November 2016 01:44:18 PM
....The company is also going to pilot 10 more Morrisons Daily convenience shops in petrol garages. The move comes just a year after the supermarket group sold its struggling 140-strong convenience store chain, M Local. ...
Morrisons to revive 'much-liked' Safeway food and grocery brand image
Source : Guardian [Read Article] Tuesday 22nd of November 2016 12:51:25 PM
....Morrisons will begin distributing the range in the first half of next year, although the retailer has not confirmed whether it will be handling relations with independent stores directly or working with a distribution firm. The move could result in the Safeway brand competing for space on convenience store shelves with established wholesale brands such as Booker’s Happy Shopper and Nisa Today’s Heritage. ...
Asda sales slump puts chain at bottom of UK supermarket league image
Source : Guardian [Read Article] Thursday 17th of November 2016 01:13:32 PM
....Asda is trying to fight off heavy competition from the rise of discounters Aldi and Lidl, which have stolen its once strong position as the UK’s cheapest grocer. Asda only operates large outlets and has been unable to tap into the rise of convenience stores, unlike Tesco and Sainsbury’s. ...
Money for nothing image
Source : BBC [Read Article] Thursday 10th of November 2016 12:18:12 AM
.... . Ranchor, who owns a convenience store in western Mumbai, says he is accepting 500 and 1,000 rupee notes from customers desperate to rid themselves of the now-banned currency. ...
Sainsbury’s boss says suppliers should take hit over falling pound image
Source : Guardian [Read Article] Wednesday 9th of November 2016 09:08:09 AM
Monarch holidays protection extended image
Source : BBC [Read Article] Friday 30th of September 2016 07:16:17 PM
.... . Earlier this year Greybull bought a division of Tata Steel, as well as 140 M Local convenience stores from Morrisons, which subsequently went into administration. ...
Monarch airlines says flights operating as normal image
Source : BBC [Read Article] Monday 26th of September 2016 06:24:14 AM
....Monarch has been majority-owned by investment firm Greybull Capital since 2014, when it bought a 90% stake in the airline. Greybull also bought a division of Tata Steel this year, as well as 140 M Local convenience stores from Morrisons, which subsequently went into administration. ...
Co-op Group says it 'planned' for a 50% profits drop image
Source : BBC [Read Article] Friday 23rd of September 2016 09:32:18 AM
...."By 2018 we expect to give back £100m a year to our members and the local causes they care most about," said chairman Allan Leighton. The group said its food business expanded faster than many of its supermarket rivals as Britain's shoppers shifted towards more frequent shopping at convenience stores. ...
Morrisons and Amazon sign collection locker deal image
Source : BBC [Read Article] Sunday 11th of September 2016 01:50:10 PM
....Morrisons says it plans to install hundreds of Amazon lockers in its supermarkets this year. There are more than 1,000 Amazon Lockers in locations such as shopping centres, convenience stores, airports, train stations, and universities. ...

Worst ever police sketch? Shocking drawing mocked on Twitter 
 image
Source : Telegraph [Read Article] Friday 12th of August 2016 06:04:46 PM
....The sketch, released by the Cumru Township Police Department in Pennsylvania, has been mercilessly mocked online after it was shared by Fox 29. Local news channels report the man is wanted in connection with a convenience store robbery and the sketch is giving people nightmares. ...

Canada terror suspect dead after 'suicide attack thwarted'
 image
Source : Telegraph [Read Article] Thursday 11th of August 2016 04:28:13 AM
....A police operation continued well into Wednesday night in the southern Ontario town of Strathroy, about 140 miles southwest of Toronto. In Strathroy, resident Irene Lee said late on Wednesday that police had been camped out near her parents' convenience store since about 4. ...
Retailers caught selling e-cigarettes to under-18s image
Source : BBC [Read Article] Monday 8th of August 2016 11:16:08 PM
....High levels of sales were also found at "other" premises, which included independent pharmacies, specialist e-cigarette shops and discount stores. The fewest sales were made by national newsagents, petrol station kiosks and convenience stores, which are generally experienced in the sale of age restricted products and "specifically in the principle of challenging a young person about their age and asking for proof", the review said. ...
Retailers benefit as sunshine sends post-Brexit spending soaring image
Source : Guardian [Read Article] Monday 8th of August 2016 11:01:26 PM
.... If it does reach £9 then it will be one of the highest minimum wages in the developed world. To be fair, some of the organisations behind the letter represent small businesses, convenience stores, pubs and farms. ...

The rise of online-only shops: customers lured by free returns and low prices
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.... . Experts said online shopping is becoming more popular as online retailers make the returns process easier and cheaper, for example by letting customers pick up items from local convenience stores rather than being delivered to their homes. ...
Planning applications for new shops fell 9% in past year image
Source : Guardian [Read Article] Sunday 24th of July 2016 11:01:21 PM
.... EMW said that despite traditional retailers increasingly focusing on and expanding their online services, many are often failing to compete effectively with online-only retailers, such as Asos and Boohoo. It said the recent failures of traditional retailers BHS, Austin Reed, and convenience store chain My Local were partly caused by the continued success of online-only brands. ...
Asda boss departure reveals sweeping change among supermarkets image
Source : Guardian [Read Article] Monday 13th of June 2016 06:21:57 PM
.... The discounters Aldi and Lidl have taken market share at one end of the grocery market, with Waitrose and Marks & Spencer grabbing spending at the other. At the same time, online shopping and convenience stores are eating into the sales of out-of-town supermarkets. ...
Sainsbury's fighting challenging market  image
Source : Daily Express [Read Article] Thursday 9th of June 2016 12:03:00 AM
....Sainsbury’s grew clothing sales by nearly five per cent during the quarter, boosted by strong demand for its football-inspired Admiral menswear range ahead of the Euro 2016 tournament. Online grocery sales and takings at convenience stores grew by eight per cent and six per cent respectively. ...
City news: Marks & Spencer, Intu Properties, Gojimo and Co-op image
Source : Daily Express [Read Article] Sunday 22nd of May 2016 12:01:00 AM
....Co-operative Group is to offer regular customers discounts on its own-brand food, insurance and other products and services as part of its plans to boost membership numbers. The conglomerate will also reintroduce its iconic cloverleaf logo, replacing its current “The Co-operative” branding and will apply it to its supermarkets, convenience stores and a wide range of other services. ...
Morrisons records second quarter of sales growth image
Source : Guardian [Read Article] Thursday 5th of May 2016 09:24:42 AM
....Total sales fell 1. 8% over the first quarter as the retailer sold off its convenience store business and closed several unprofitable supermarkets. ...
Price war rules for Sainsbury’s as they cut prices even more image
Source : Daily Express [Read Article] Wednesday 4th of May 2016 11:00:00 PM
....5 per cent to just under £1billion. Online sales were up nearly 9 per cent and takings at its convenience stores increased by more than 9 per cent to over £2. ...
Sainsbury's sales and profits fall amid price cuts image
Source : Guardian [Read Article] Wednesday 4th of May 2016 05:46:30 PM
....The retailer was boosted by an 8. 5% rise in clothing sales and a near 9% rise in online sales, as well as more than 9% growth at its convenience stores as it opened 69 more Sainsbury’s Local outlets. ...
City news: Just Eat, Co-Op, HSBC and Aberdeen Asset Management  image
Source : Daily Express [Read Article] Wednesday 4th of May 2016 02:39:00 PM
....The Co-op will make a small profit on the disposal. Sales at its convenience stores open at least a year grew 3. ...
Supermarket giant’s healthy profits: Sainsbury’s set for £700m turnaround image
....On Thursday, Morrisons chief executive Dave Potts will present the supermarket’s first-quarter trading update, which is set to show that its like-for-like sales have been flat. Potts was parachuted into Morrisons in March 2015 to lead the turnaround of the group and as a part of his recovery plan, he has cut the firm’s head-office costs, reduced prices, improved its product range and sold off its convenience store division. ...
Highland Spring posts sparkling results as it ramps up production line investment  image
....”. New deals have been struck for HSG to distribute coconut-based drinks brand Go Coco and for Japanese-owned global beverages business Lucozade Ribena Suntory to open up new channels for Highland Spring in convenience stores and vending machines. ...
Tesco shares hit by warning on outlook image
Source : BBC [Read Article] Wednesday 13th of April 2016 06:21:45 AM
....Alongside its "big four" peers - Asda, Sainsbury's and Morrisons - Tesco has been hit by competition from discount rivals Lidl and Aldi. The UK has also seen a broad change in shopping habits, with many customers now preferring to shop little and often at small convenience stores, instead of doing a once-a-week "big shop". ...

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