Topic filter : Food Retailer

Most trending topics in Business & Finance ( last 24 hours ):
Luxury Investigation Citroen Climate Change Pepsi Referendum Housing Market Asking Price Retailer For Sale Energy Bill Election Conservative Start-up Railway Train Ticket Fraud Apple Uber Stock Market Inflation Economy Wikipedia Airline Travel Lawsuit Faulty General Motors Euro London Property Mortgage Stake Living Cost Gold Inequality Share Price Centrica FTSE 100 Revenue First Quarter Share Value

Latest Finance News related to Food Retailer

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. ...
Aldi becomes UK's fifth largest supermarket image
Source : Guardian [Read Article] Tuesday 7th of February 2017 09:18:50 AM
....4%, well ahead of the market. Fraser McKevitt, the head of retail and consumer insight at Kantar Worldpanel, said: “Just a decade ago Aldi was the UK’s 10th largest food retailer, accounting for less than 2% of the grocery market. ...
A new stock market bubble? Neil Woodford may have a point image
Source : Guardian [Read Article] Thursday 12th of January 2017 03:21:32 PM
.... But, on a day that the FTSE 100 index edged to another record close, the basic point should be well understood: the market has been led by a narrowly concentrated collection of stocks, which makes it fragile. Once the Tesco supertanker turns, watch it plough through the flotilla of lesser food retailers, ran last year’s theory. ...
Jingle tills image
Source : BBC [Read Article] Thursday 12th of January 2017 01:08:49 PM
....Discounters Lidl and Aldi don't report their figures in quite the same way - they do not give like-for-like sales, which strip out the effect of new store openings and are therefore a better comparison - but both reported double-digit increases in Christmas sales, reflecting brisk business. It looks like we collectively loosened our belts at just the right time for the big food retailers. ...
Tesco hails turnaround as festive sales increase image
Source : Guardian [Read Article] Thursday 12th of January 2017 09:18:49 AM
....Lewis said Tesco had improved customer service and ranges, helping to boost sales of party food by 24%, premium wine by 20% and Free From specialist allergy-free foods by 18%. Britain’s biggest food retailer said it had achieved the sales growth despite deciding not to repeat last year’s loyalty card promotion, which it said had hit performance by 0. ...
Morrisons enjoys some 'remarkable' Christmas cheer image
Source : Guardian [Read Article] Tuesday 10th of January 2017 08:05:01 AM
....Bruno Monteyne, an analyst at Bernstein Research, said: “This strong result reflects good execution by Morrisons as customers lost over the past few years come back to stores. We also expect it to reflect an overall strong Christmas by UK food retailers with this result boding well for Sainsbury’s and Tesco results later this week. ...
Morrisons sees best Christmas performance for seven years image
Source : BBC [Read Article] Tuesday 10th of January 2017 07:29:30 AM
.... Most leading supermarkets will give updates this week. On Monday, discount food retailer Aldi reported record sales, and Marks and Spencer, Tesco and Sainsbury's are also due to give updates this week on their Christmas trading. ...
Richard Cousins makes shock departure from Tesco board of directors image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 06:26:50 PM
....4bn, one of the biggest in British corporate history. The company is scheduled to a publish a trading statement on the vital festive season – the busiest period of the year for food retailers – on 12 January. ...
Shoppers splash out on premium treats image
Source : BBC [Read Article] Tuesday 13th of December 2016 09:28:30 AM
....Sales of supermarkets' premium own-label brands are booming as shoppers decide to treat themselves. Figures from Kantar Worldpanel for the 12 weeks to 4 December show a 13% sales rise for the products, despite sluggish growth overall for food retailers. ...
Iceland v Iceland: retailer to visit Reykjavik to thaw trademark row image
Source : Guardian [Read Article] Tuesday 29th of November 2016 02:06:11 PM
. The frozen food retailer Iceland is sending a “high-level delegation” to Reykjavik this week in an attempt to thaw relations with the Icelandic government after it launched legal action against the chain over the use of its name. ...
From posh picnics to nylon knickers: readers on the best and worst of M&S image
Source : Guardian [Read Article] Tuesday 8th of November 2016 02:49:05 PM
.... Just don’t touch the children’s clothes, they are so good. M&S food products are brilliant and noticeably higher quality than many other food retailers for the most part. ...
Need a receipt? Tesco trials paperless till system image
Source : Guardian [Read Article] Tuesday 25th of October 2016 09:53:57 AM
.... Other retailers such as Argos offer to send receipts to a customer’s email. Tesco said it believed it was the first UK food retailer to experiment with the system. ...
Going upwards image
Source : BBC [Read Article] Friday 15th of July 2016 09:19:02 PM
...."Without the freedom of movement, the cost of producing food in the UK will come under further upward pressure," says Andrew Stevens. The fashion industry is even more dependent on imports than food retailers. ...
Asda replaces CEO with Walmart's China chief image
Source : Guardian [Read Article] Monday 13th of June 2016 11:11:27 AM
. Asda has replaced its chief executive in an attempt to reverse a long run of falling sales at the supermarket amid intense competition between food retailers. ...
British Gas lost 220,000 customers in first three months of 2016 image
Source : Guardian [Read Article] Monday 18th of April 2016 07:22:42 AM
.... He compared Conn to Marc Bolland, the departed chief executive of Marks & Spencer, arguing that Conn’s experience in the oil industry was not the right fit for Centrica. Bolland, a food retailer, failed to fix M&S’s clothing business when he was in charge. ...
Sainsbury's confirms £1.4bn Home Retail bid as Steinhoff pulls out image
Source : Guardian [Read Article] Friday 18th of March 2016 04:00:29 PM
....Sainsbury’s sees the acquisition of Argos as a way to accelerate its attempts to tap into the fast growing online market. Sainsbury’s said the merger would create “a leading food and non-food retailer of choice for customers, building on the strong heritage of both the Sainsbury’s and HRG businesses whose brands are renowned for trust, quality, value and customer service. ...
Walmart and Tesco won’t help India’s food security problems image
Source : Guardian [Read Article] Friday 11th of March 2016 02:05:00 PM
....Supposing that might change (as is happening in the restaurant market, where foreign fast-food brands are flourishing), there’s the issue of economic viability to consider. To turn a profit, large-scale food retailers are geared almost exclusively to middle and upper class urban consumers. ...
John Lewis and Waitrose bonus falls again with average payout of £1,585 image
Source : Guardian [Read Article] Thursday 10th of March 2016 10:25:39 AM
....He predicted that the supermarket would fare better than its rivals this year. “I expect this year that Waitrose will be one of the very few food retailers that will improve profitability,” he said. ...
Amazon to start selling fresh and frozen Morrisons food image
Source : Guardian [Read Article] Monday 29th of February 2016 01:36:59 PM
....”. Shares in Ocado slumped by 8% in reaction to the deal due to fears that the arrival of Amazon could hurt Britain’s biggest online-only food retailer. ...
Organic consumers avoiding processed and red meat, sales show image
Source : Guardian [Read Article] Tuesday 23rd of February 2016 03:12:24 PM
....4% share - sales of organic products have continued to outperform the non-organic grocery market which decreased by 0. 9% in the same period as mainstream food retailers struggled to retain market share in the grip of an ongoing price war. ...
Shares in Argos owner close 13% higher image
Source : BBC [Read Article] Monday 22nd of February 2016 01:31:39 PM
....2p on Monday. Mike Coupe, its chief executive, has said that combining Argos would create the UK's "food and non-food retailer of choice", with 2,000 stores. ...
Second bid tabled for Argos owner image
Source : BBC [Read Article] Friday 19th of February 2016 06:57:26 PM
.... . Chief executive Mike Coupe said if the takeover went ahead the combination of the two companies would create the UK's "food and non-food retailer of choice", with 2,000 stores. ...
South Africa's Steinhoff challenges Sainsbury's with rival £1.4bn bid for Argos owner  image
.... Supermarket boss Mike Coupe had struck the deal as a way of future-proofing Sainsbury’s for the digital era and giving consumers the opportunity to shop “wherever and whenever they want”. It would have also created the biggest non-food retailer in the UK, overtaking M&S and John Lewis. ...
Cold winds blow in shoppers to the high street image
Source : Telegraph [Read Article] Monday 15th of February 2016 06:00:10 AM
.... • Retail round-up of Christmas trading . The majority of non-food retailers endured a torrid festive trading season as the mildest December on record hit demand for typically more expensive heavy winter coats and woolly jumpers. ...
Sainsbury’s Argos takeover deal to spark merger surge image
Source : Daily Express [Read Article] Sunday 7th of February 2016 12:01:00 AM
. The cash and shares deal will create the country’s largest nonfood retailer and Sainsbury’s says that Argos will give it the delivery network, infrastructure, and technology necessary to be able to compete effectively with the likes of Amazon and John Lewis. ...
Old Mutual backs Sainsbury's £1.3bn Home Retail offer image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 10:56:15 AM
.... It is particularly attracted to Argos' online and same-day delivery operations. The deal will "bring together multi-channel capabilities including digital, store and delivery networks", according to Sainsbury's, creating "a food and non-food retailer of choice" for customers. ...
Sainsbury's returns with £1.3bn offer for Argos image
Source : Telegraph [Read Article] Tuesday 2nd of February 2016 08:07:53 AM
.... It is particularly attracted to Argos' online and same-day delivery operations. The deal will "bring together multi-channel capabilities including digital, store and delivery networks", Sainsbury's said today, creating "a food and non-food retailer of choice" for customers. ...
Sainsbury's agrees terms to buy Home Retail Group in £1.3bn deal image
Source : Guardian [Read Article] Tuesday 2nd of February 2016 08:05:14 AM
....Sainsbury’s has agreed terms to buy Home Retail Group, the owner of Argos, in a £1. 3bn deal which will create a combined food and non-food retailer that can take on Amazon and John Lewis. ...
McDonald's to roll out table service across the UK image
Source : Telegraph [Read Article] Monday 25th of January 2016 03:32:28 PM
.... . However, full-year group revenues at the fast food retailer fell by 7pc to $25. ...
Dividends hit new high in 2015 - but income now tipped to fall image
Source : Telegraph [Read Article] Monday 25th of January 2016 03:23:36 PM
.... . Cuts to dividends among some of the largest payers, including bank Standard Chartered , Centrica and some food retailers, held the total back. ...
Argos sales fall as Homebase enjoys a Christmas surge image
Source : Telegraph [Read Article] Thursday 14th of January 2016 07:15:08 AM
.... . “We are openly torn on this potential deal but it could be inspired, inject life into the UK food retailers and bring to an end a sustained period of sector attrition. ...
Very owner Shop Direct reports bumper Christmas sales image
Source : Guardian [Read Article] Wednesday 13th of January 2016 11:11:27 AM
....Shop Direct, the owner of Littlewoods, had a strong Christmas as mobile sales boomed at its main Very operation. Group sales increased 6% in the seven weeks to 25 December, beating the wider market for non-food retailers – where sales barely grew – as the company benefited from shoppers switching to the internet last year. ...
Questor share tip: Greggs shares tumble 14pc as growth slows image
Source : Telegraph [Read Article] Tuesday 12th of January 2016 06:32:05 PM
New year nightmare for traders as FTSE suffers worst week since August image
Source : Telegraph [Read Article] Friday 8th of January 2016 07:24:01 PM
.... Elsewhere, Tesco found support for a second time this week thanks to its recent share price underperformance. Barclays became the latest investment bank to back the food retailer, upgrading the FTSE 100 stock from “equal weight” to “overweight”, as it looks “attractive” at current levels. ...
Source : Reuters [Read Article] Wednesday 6th of January 2016 07:25:23 AM
...."We can expect the current levels of deflation across the retail industry to continue for the first half of 2016," Mike Watkins, head of retail and business insight at data company Nielsen, which collates the survey, said. "After the unseasonably mild autumn and early winter, many non-food retailers will use price cuts and targeted promotions early in the year. ...
Argos and its online delivery the main prize for Sainsbury’s image
Source : Telegraph [Read Article] Tuesday 5th of January 2016 08:31:18 PM
.... . Sainsbury’s currently shares the misery of its rival food retailers, who are finding it almost impossible to make money from groceries. ...
Tesco shares rally after Deutsche Bank’s change of heart image
Source : Telegraph [Read Article] Tuesday 5th of January 2016 06:06:08 PM
.... . The investment bank had a quick change of heart, revising its rating upwards, from “hold” to “buy”, as it believes the sector’s current underperformance provides a good entry point for investors to bulk up on UK-listed food retailers. ...
Sainsbury's bid could spell break up of Home Retail  image
Source : Telegraph [Read Article] Tuesday 5th of January 2016 01:08:07 PM
.... . Sainsbury’s, which is already trialling Argos stores in some of its larger supermarkets, said that a combination “would create a food and non-food retailer of choice for customers, building on the strong heritages of both businesses whose brands are renowned for trust, quality, value and customer service”. ...
Sainsbury's £1bn bid for Home Retail Group rejected image
Source : Guardian [Read Article] Tuesday 5th of January 2016 01:00:35 PM
....”. Sainsbury’s said a tie-up would “create a food and non-food retailer of choice”, with a strong presence in food, grocery, clothing, homewares, toys, stationery, electricals, furniture and other general merchandise. ...
The high cost of digital discrimination: why companies should care about web accessibility image
....In another landmark case, the DOJ alleged last year that Peapod – one of America’s largest online grocers – had discriminated against the disabled by offering insufficient access to people with vision loss, hearing loss and limited manual dexterity. Following negotiations with the DOJ, the food retailer agreed to make its website and mobile apps fully accessible so that technology such as Braille displays or programs to convert text to speech would be easy to use. ...
Ocado shares plunge as Amazon Pantry leaves supermarkets anxious image
Source : Guardian [Read Article] Wednesday 30th of December 2015 06:56:34 PM
....“It’s nearly the last day of the year and there’s been no deal and so some people are giving up saying it’s never going to happen,” said Bruno Monteyne at Bernstein Research. “Ocado is not priced as a food retailer. ...
Christmas dinner 'to cost less in 2015' image
Source : BBC [Read Article] Tuesday 22nd of December 2015 12:16:38 AM
.... . The findings, from price comparison site MySupermarket, are based on average prices across branded and unbranded goods in the major food retailers in the UK. ...
Risk of insolvency hangs over high street retailers after difficult run-up to Christmas image
....According to Begbies Traynor, the insolvency firm, 24,737 retailers across the country are now suffering “significant” financial distress, up from 24,251 a year ago. This includes a 11% rise in the number of food retailers under pressure to 4,226 as the supermarket price war and changing shopping habits squeeze businesses. ...
FTSE climbs for second day ahead of Fed but Arm falls on iPhone concerns image
Source : Guardian [Read Article] Wednesday 16th of December 2015 05:06:17 PM
....We do not believe that Bonmarche’s warning and disappointment will be the last to be recorded by British retailers with a high participation in the fourth quarter and the festive season. [Challenging] conditions mean that we await the January trading updates with increasing nervousness surrounding the robustness of present earnings forecasts for the non-food retailers. ...
Bonmarché shares slump on profits warning and boss's exit image
Source : Guardian [Read Article] Wednesday 16th of December 2015 01:03:26 PM
.... Black said the terrorist attacks in Paris may also have dampened trading in central London. “Such conditions mean that we await the January trading updates with increasing nervousness surrounding the robustness of present earnings forecasts for the non-food retailers,” he added. ...
Morrisons again turns to convenience stores with new brand launch image
Source : Guardian [Read Article] Monday 14th of December 2015 05:45:15 PM
.... Shoppers are moving away from buying their food in one weekly shop at a supermarket to buying groceries online, with the discounters Aldi and Lidl, and in convenience stores. The Bradford-based grocer, which is the country’s fourth biggest food retailer, saw its pre-tax profits fall by almost half in the opening six months of its financial year. ...
Markets in fragile mood as Federal Reserve prepares to raise interest rates image
....The Bank of England is expected to delay a rise in rates following a string of weak inflation figures. Official figures on Tuesday are expected to show that falling oil prices and intense competition among food retailers kept inflation near zero in November, adding to a year of flat average prices. ...
UK shop prices fall by record amount in November image
Source : Guardian [Read Article] Wednesday 2nd of December 2015 08:08:11 AM
....The head of retailer and business insight at Nielsen, Mike Watkins, said shoppers had enjoyed falling sales “for the best part of two years”. He added: “Falling prices across the high street and food retailers in November will be another welcome boost for shoppers as they plan their Christmas spending. ...
Source : Reuters [Read Article] Tuesday 1st of December 2015 07:13:03 AM
.... clearly shows that this date is likely to continue to be a permanent fixture in the online retail calendar in the UK, despite the lower-than-expected footfall in bricks and mortar stores," said James Miller, senior retail consultant at Experian Marketing Services. This year store groups, including household goods retailer Argos and clothing and food retailer Marks & Spencer, stretched Black Friday discounts over several days to smooth demand. ...
Morrisons staring at FTSE 100 relegation once again image
Source : Telegraph [Read Article] Monday 23rd of November 2015 02:15:17 PM
.... . A fierce supermarket price war has wreaked havoc across the entire sector, as German discounters Aldi and Lidl put UK food retailers under increased pressure to cut prices. ...
Tesco, Sainsbury's and the like should be afraid - Aldi and Lidl can only get bigger image
.... . Whereas for department store retailers such campaigns can often be about brand building and raising awareness of specific issues – John Lewis has partnered with Age UK this year for example – for the food retailers, it tends to be very specifically about product. ...
Tesco's shares jump after joint corporate broker Citigroup upgrades stock  image
Source : Telegraph [Read Article] Tuesday 17th of November 2015 04:34:56 PM
.... . Tesco is in recovery mode as it tries to stem falling sales and deal with the fallout from an accountancy scandal last year in which the food retailer overstated its half-year profits by around £250m as a result of incorrectly booking payments from suppliers. ...
What's so smart about smart meters? image
Source : BBC [Read Article] Tuesday 17th of November 2015 12:08:09 AM
.... . For example, a big food retailer running energy-hungry chiller and freezer cabinets can run them at a colder temperature at night when electricity is cheaper, then use them less intensively during the day when electricity is more expensive, knowing that there is enough stored coldness in the equipment to keep it running properly. ...
Waitrose adds a splash of fine wine to its Christmas discount list image
Source : Guardian [Read Article] Tuesday 10th of November 2015 02:07:53 PM
....”. Stevens said food retailers were likely to focus on price again this year but it was becoming increasingly difficult to make dramatic moves after 18 months of price cuts. ...
Source : Reuters [Read Article] Wednesday 4th of November 2015 07:27:10 AM
....Food and non-food prices fell last month at a slower rate, the BRC said, with clothing, books and DIY items experiencing the deepest levels of deflation. "With the all-important Christmas trading season arriving soon, non-food retailers will need to maintain these lower prices to drive footfall," Mike Watkins, head of retail and business insight at data company Nielsen, which collates the data, said. ...
Meet the fruit crisp maker taking on the potato chip image
Source : Telegraph [Read Article] Saturday 31st of October 2015 06:15:11 PM
.... . Now, just a fortnight after the factory opened, the company is in early-stage talks with healthy food retailer Holland & Barratt and is selling its wares through Whole Foods in Ireland, independent food website Yumbles, and Amazon. ...
Britons shop as if they're on holiday – little and often image
Source : Guardian [Read Article] Wednesday 21st of October 2015 05:00:05 AM
....Seismic changes in British shopping habits mean that half of us now buy our food as we do when on holiday – little and often, stocking up daily with fresh food for that evening’s meal, according to a study. In its annual barometer of consumer shopping and spending, the food retailer Waitrose found that three in 10 people now visit a supermarket three to four times a week, up from a quarter five years ago. ...
The chubby grocer's leap for Channel 4 shows he does have naked ambition after all image
.... . Under Mr Price’s leadership, Waitrose continued to grow sales and hold on to profits, making it a strange bedfellow of German discounters Aldi and Lidl as the only food retailer to increase sales. ...
Asda to slow investment in London and click and collect to cut costs image
Source : Telegraph [Read Article] Monday 19th of October 2015 12:08:17 PM
.... . Julie Palmer, partner and retail expert at Begbies Traynor, commented: “As the supermarket price war rages on and the rise of German discounters Aldi and Lidl shows no signs of slowing, standing still is not an option for the UK’s largest food retailers who must evolve to survive in what is an increasingly competitive grocery market. ...
Good corporate governance can improve a company's bottom line image
Source : Telegraph [Read Article] Sunday 11th of October 2015 07:08:12 PM
.... Importantly, it must also have enshrined in its corporate constitution a commitment to pursue broader social goals than simply profit for shareholders. If this sounds a bit too much like the sort of hippy idea you might find in a Jeremy Corbyn election manifesto, take note: my company, the upmarket frozen food retailer Cook, became one of the UK’s first certified B Corporations two years ago. ...
Source : Reuters [Read Article] Wednesday 7th of October 2015 06:22:10 AM
...."Within food retailing, there is still downward pressure on prices and this is expected to continue as supermarkets battle for the wallets of the Christmas shopper," Mike Watkins, head of retailer insight at survey compiler Nielsen, said. "On the high street, many non-food retailers are using strong, seasonal promotions to drive sales growth. ...
Tesco slashes payments terms to 14 days for small firms image
Source : Telegraph [Read Article] Tuesday 6th of October 2015 03:05:40 PM
.... Some 30pc of the 1,000 supermarket suppliers surveyed said that Tesco rarely complied with the Groceries Supply Code of Practice, while 4pc said that it never complied. Only frozen food retailer Iceland received a worse score from its suppliers. ...
Hot coffee sales and new meals keep Greggs on a roll image
Source : Telegraph [Read Article] Tuesday 6th of October 2015 07:08:07 AM
.... . Total sales for the food retailer were up 5pc during the three months to the end of September, while like-for-like sales in its own shops were similarly strong with a 4. ...
Supermarkets donate plastic bag proceeds to dementia fund image
Source : Guardian [Read Article] Monday 5th of October 2015 12:15:09 PM
.... The four retailers said the cash generated by bag sales had the potential to bridge much of the gap if other major retailers joined them. It is estimated that it could raise up to £20m a year for the four, depending on how customers react to the new charge, and they are urging other food retailers to sign up. ...
Tesco, Asda and Morrisons suffer sales slump despite price cuts image
Source : Guardian [Read Article] Tuesday 22nd of September 2015 10:30:48 AM
. Tesco, Asda and Morrisons were the worst performing food retailers in Britain in the last three months – despite committing hundreds of millions of pounds to price cuts. ...
Sainsbury’s outpaces supermarket rivals in grocery battle image
Source : Telegraph [Read Article] Tuesday 22nd of September 2015 09:20:17 AM
.... . There was also good news for frozen-food retailer Iceland, with sales up 3. ...
Minions and princesses drive tasty profit growth at Finsbury Food image
Source : Telegraph [Read Article] Monday 21st of September 2015 10:08:27 AM
.... . Finance director Stephen Boyd said traditional cakes such as carrot cake and lemon drizzle, which Finsbury sells through all UK food retailers bar M&S and Sainsbury's, flew off the shelves. ...
Morrisons closures and Waitrose decline underline food shopping's revolution image
Source : Guardian [Read Article] Thursday 10th of September 2015 05:07:15 PM
....Related: Morrisons' store closures threaten jobs as profits slide. The closure of the Morrisons stores puts 900 jobs at risk and was revealed as the food retailer reported that profits have almost halved in the last six months. ...
UK summer washout means mixed news for business image
Source : Guardian [Read Article] Thursday 3rd of September 2015 11:01:01 PM
.... The strength of the pound has encouraged Brits to spend more on holidays abroad rather than in the UK,” said Sophie Michael, head of retail at BDO. Cool temperatures and rainy skies were also bad news for food retailers – which have already been struggling as the supermarkets fought a price war and the cost of food commodities slumped. ...
Morrisons benefits from tycoon’s bullish view of sector image
Source : Telegraph [Read Article] Thursday 3rd of September 2015 05:42:24 PM
Morrisons shares higher amid takeover speculation image
Source : Guardian [Read Article] Thursday 3rd of September 2015 10:21:22 AM
....5p, more than 4% higher, to 170p amid the takeover talk and alongside an upgrade on the shares from brokers at UBS from sell to neutral. The shares of the UK’s fourth-largest food retailer were among the biggest risers in the FTSE 100 after the acquisitive South African businessman Christo Wiese appeared to raise the idea of an expansion of his Brait investment vehicle into the UK supermarket sector. ...
Co-operative Group profits rise as it says recovery is on track image
Source : Telegraph [Read Article] Thursday 3rd of September 2015 09:02:11 AM
.... The chief executive said that the group would fund the rest of its investment programme from its cash generation but said that net debt would also rise to around £900m by year end. He also warned that the nation's fifth largest food retailer would lose market share as it retrenched from larger stores. ...
There's really only one UK supermarket that Africa's bargain hunting billionaire could buy image
.... For a man with a listed investment vehicle, Wiese has not shied away from being linked with a future deal in the UK food market. He already owns Africa’s biggest food retailer ShopRite. ...

Page rendered in 2.1072 seconds.