All The Grocer articles in 14 December 2002
Previous issues.
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News
World News - 14th December 2002
Closure cost. Japanese supermarket operator Ito-Yokado said store closure costs had hit full-year profit, but sales at its 7-Eleven c-store operation had pushed up turnover. Ito-Yokado also incurred losses from its new financial services...
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News
World News - 14th December 2002
In fine spirits. French spirits group Pernod Ricard has posted a 15% rise in full year net profit boosted by its Seagram brands such as Martell cognac and Chivas Regal scotch, which it bought in December 2001. Pernod's other brands Jameson...
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News
World News - 14th December 2002
Cokejobs go. Coca-Cola is to cut 1,000 jobs following the merger of three divisions in North America. The soft drink giant said Coca-Cola North America, Coca-Cola Fountain and its Minute Maid juice operation would be united in a new business...
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News
World News - 14th December 2002
Contracting. Cash-strapped US grocer Kmart said it is to close 326 stores and a distribution centre and slash about 37,000 jobs in a bid to emerge from bankruptcy by the end of April earlier than expected. Kmart said it expected the move to...
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News
World News - 14th December 2002
HQ searched. Ahold's corporate headquarters were searched last week by the public prosecutor in Amsterdam. The prosecutor said the investigation related to the consolidation of a number of Ahold's global joint ventures. Ahold has been...
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News
World News - 14th December 2002
Softer sales. Unilever believes it has weathered the storm after a slump in sales of its ice cream brands this summer due to bad weather across Europe. Based on the first two months of the third quarter, it predicted it would sustain growth...
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News
World News - 14th December 2002
Tops trouble. Dutch multinational retailer Ahold has revealed further accounting irregularities, this time at its US grocery chain Tops Markets. Ahold said internal investigations had unearthed "intentional accounting irregularities involving...
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News
World News - 14th December 2002
German plan. Belgian retailer Delhaize has confirmed plans to move into the German market. The entry vehicles will be a supermarket in Aachen, possibly under the Super Delhaize fascia, in March followed by an inner city c-store in September. ...
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News
World News - 14th December 2002
Lidl chance. German discount chain Aldi has a clear advantage in Europe over its rival Lidl both in terms of store numbers and store performance, according to IGD. In a report on the grocery discount market IGD said number two chain Lidl stood...
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News
World News - 14th December 2002
Kroger gloom. US supermarket chain Kroger posted a 6.6% drop in third-quarter net earnings and said it expected zero profit growth next year. The Cincinnati retailer said it now expected 2003 earnings to be unchanged from 2002 rather than previous...
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News
World News - 14th December 2002
Mcc-store. McDonald's is testing a vending machine that could see it compete with c-stores in Washington DC. The Tik Tok Easy Shop, which accepts cash and debit and credit cards, is stocked with convenience products such as soft drinks, milk,...
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Reports
The Grocer's Review 2002
Here are The Grocer`s definitive, end-of-year grocery charts. This special 63-page feature kicks off with 56 pages detailing what`s hot and what`s not at the topselling end of grocery. Produced in partnership with Information Resources, everything from bagged snacks to toiletries is put under the microscope. Wherever possible, tables show ...
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News
Cellar 5 blames debts and multiple price cuts
Elaine Watson Discount booze and c-store chain Cellar 5 has called in the receivers, blaming mounting debts and relentless price slashing from the multiples. Over 330 stores under the Booze Buster off-licence banner, 60 Right Choice c-stores...
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Asda rolls back the basket price yet again
Asda took our Grocer 33 shopping basket to a new low again this week, when its Spondon store checked out the full list for £35.69. The store's new record, beat the all-time low of £35.90 which Asda in Havant produced last month. Tesco took...
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News
Cereal Partners appoints MD
Cereal Partners UK, the Nestlé-General Mills joint venture, has promoted Phil Ruebotham to MD, replacing Jeremy Preston who is retiring after 12 years at the top of the company. Ruebotham will oversee the company's growth in the breakfast cereal...
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Asda own label director quits for petcare retail
Rod Addy Asda's European director of own label, Catriona Land, is leaving the multiple to become trading director of Pets At Home, the company which took over Petsmart a year ago. Land said she was moving on to take up the fresh challenge of...
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News
Weetabix elbows aside Corn Flakes
The Grocer's annual Top Products Survey is published today, with a share of surprises. Not least among them is the displacement of Kellogg's Corn Flakes as the nation's favourite breakfast cereal, its perennial rival Weetabix now claiming top...
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A fleeting chance for Safeway
Safeway's latest opening in Elvetham Heath, Fleet, illustrates the challenge facedby the number four grocer in finding profitable locations for its new stores.While the store looks set to perform adequately, its location in an area already awash...
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Exports cheer
The outlook for British food and drink exports is looking up with a 2% rise on the same period last year. According to Food from Britain, total food exports will top the £8.5bn of 2001, thanks in part to increased business with Europe, which was up...
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News
This is not fair competition refer it!
from Leo Gillen, MD, Nisa Gillens Supermarkets, Hartlepool Sir; I was concerned by Lucy Neville-Rolfe's bizarre Saturday Essay (December 7). Was it tongue-in-cheek or a serious attempt to defend Tesco's move into the convenience sector ? A...