Inside Retail

JUNE 28, 2023

Food for thought At IGA, supermarket sales rose 2.1 Both supermarket giants will release their full-year results in late August. Paying the price While supermarkets have been raising prices to cover additional costs in their supply chain, questions have been raised about the ethics of profiting off of charging people more to eat.

Supermarket 130

Supermarket Finance Accounting Management 130

Inside Retail

NOVEMBER 30, 2021

The CERT report will add a new level of transparency and accountability for Australia’s largest companies’ performance against their voluntary emissions reduction targets,” Taylor said. “It The post Coles signs up to Government’s voluntary emissions transparency report appeared first on Inside Retail.

Finance 162

Finance Accounting Planning Shopping 162

Retail Gazette

MARCH 27, 2024

The supermarket saw like-for-like sales, excluding fuel, soar 4.6% Earlier this month, 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. rise the year before. Total sales excluding fuel were up by 3.9%

Grocer 116

Grocer Payment Services Supermarket Wholesale 116

Inside Retail

JULY 13, 2023

Coles names new data manager By Dean Blake Supermarket chain Coles has announced the appointment of David Han as general manager for its digital engineering and data division. She has a background in marketing, finance and accounting which gained from her previous roles.

Finance 130

Finance Fashion Supermarket Accounting 130

Retail Gazette

MAY 20, 2024

.” The deal marks the latest move in the gradual separation of billionaire brothers Mohsin and Zuber Issa, who have spent the past two decades building their retail and petrol forecourt empire from a series of debt-financed acquisitions.

Returns 105

Returns Finance Supermarket Accounting 105

Retail Gazette

OCTOBER 18, 2023

Asda co-owners the Issa brother have denied taking money out of the supermarket as the pair defended the the retailer’s complex ownership structure. But from the available accounts, we can see that a ‘dividend’ of £1.8bn was made to Bellis Acquisition Co PLC.” He wrote: “During the evidence session, I asked about dividends.

Accounting 116

Accounting Finance Supermarket 116

Retail Gazette

SEPTEMBER 26, 2024

The retailer said it would concentrate its transformation efforts on 850 smaller sites, including petrol stations, smaller supermarkets, and Asda Express convenience stores over the golden quarter, rather than its larger stores where the bulk of its customers shop.

Grocer 105

Grocer Checkout Supermarket Finance 105

Retail Gazette

MAY 3, 2024

All loans have been fully disclosed in the EG Group accounts, and continue to be so. “These specific loans have been provided at rates comparable to the average commercial rate of interest, and that interest has been identified and recognised within EG Group’s finance income. These loans will be repaid in due course.”

Payment Services 105

Payment Services Finance Accounting Location 105

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.

Supermarket 69

Supermarket ATS Grocer Accounting 69

Retail Gazette

OCTOBER 5, 2023

Potts joined the supermarket in 2015 after almost four decades at Tesco, where he started on the shop floor aged 16 and rose through the ranks to run its Asian operations. Price was responsible for its alternative approach to loyalty, which saw the supermarket introduce free tea or coffee to its members.

Supermarket 111

Supermarket Department Stores Grocer Returns 111

Inside Retail

MAY 31, 2023

The long-awaited nationwide retail policy aims to facilitate smoother business operations by providing easier access to finance and infrastructure. Retail has been one of the engines driving the Indian economy, accounting for nearly 15 per cent of the country’s GDP in a population of 1.4 billion people.

Beauty and Health 130

Beauty and Health Finance Apparel Supermarket 130

365 Retail

JUNE 16, 2021

Coins and banknotes were used for 17% of all payments in the UK last year, while 27% of payments were contactless, UK Finance said. billion, UK Finance said. Cash remained the second most frequently used payment method, behind debit cards, UK Finance said. Contactless payments accounted for 9.6 Aaron Chown/PA).

Finance 52

Finance Supermarket Accounting Consumer 52

Inside Retail

NOVEMBER 1, 2022

According to point-of-sale data collected by Nikkei from supermarkets and other food retailers for more than 200 products, food prices are rising faster than the official government CPI as wholesale increases for most products are passed quickly through to consumers. On 8 October, Malaysia’s Finance Minister announced cash handouts of RM7.8

Wholesale 130

Wholesale Payment Services Finance Consumer 130

Inside Retail

APRIL 14, 2024

There have been other women trailblazers in major retail companies such as Dawn Robertson as Myer managing director, Clare Peters as Woolworths supermarkets MD and Launa Inman as Target MD, but never three in headline roles at the same time. The retail industry accounts for 9.8 per cent of the total Australian workforce with around 1.5

Management 130

Management Department Stores Finance Supermarket 130

Inside Retail

JUNE 15, 2022

Workers are set to see some pressure taken off of their own finances and put back onto businesses, with a 5.2 per cent, were also taken into account. The Fair Work Commission’s decision on Wednesday to increase the minimum wage has been met with a mix of celebration and frustration within the retail industry. per cent and 5.2

Finance 130

Finance Supermarket Accounting ATS 130

Retail Gazette

OCTOBER 2, 2023

Along with fellow discount rival Aldi, the grocers have stolen significant market share away from traditional supermarkets, with the pair accounting for £1 of every £5.50 Amid the cost of living crisis, even more shoppers have abandoned the previous ‘Big 4’ supermarkets as they look to keep basket spend at a minimum.

Planning 59

Planning Grocer Supermarket Finance 59

Inside Retail

OCTOBER 14, 2021

She has also held senior roles in supermarkets buying, marketing and replenishment. With qualifications in both law and accounting, her career has covered both disciplines, focusing on corporate finance, treasury and commercial transactions. Kathmandu names new director with ESG experience.

Fast Fashion 130

Fast Fashion Management Outdoor Finance 130

Retail Gazette

APRIL 23, 2024

Despite its grand expansion plans, last year Aldi UK boss Giles Hurley told The Telegraph he had been made to delay the grocer’s opening schedule as it faced a large number of planning objections from rival supermarkets. Meanwhile, the discounter’s share of supermarket sales fell from its 10.2% peak in September 2023 to 9.8%

Supermarket 72

Supermarket Grocer Planning Location 72

A1 Retail

MAY 10, 2022

per cent year-on-year, with nine in 10 concerned about the impact of rising household bills on their finances. Shopping at supermarkets and food and drink specialist stores grew 15.9 The proportion of Brits feeling concerned about the impact of higher household bills on their finances remained high at 90 per cent.

Consumer 75

Consumer Beauty and Health Finance Department Stores 75

365 Retail

JANUARY 8, 2024

A few ways to reduce your regular expenses include: Shopping at a cheaper supermarket Buying supermarket own-brand goods Buying in bulk Buying second-hand Cutting back on luxury items Walking/cycling instead of driving Cutting back on subscriptions Establish Financial Goals It is also important to establish financial goals.

Management 52

Management Finance Accounting Planning 52

A1 Retail

NOVEMBER 3, 2021

This latest report into consumer spending revealed that concerns over worker rights, fair trade, animal welfare and sustainable food sourcing now account for almost £14bn – a 12 per cent increase year on year. However, the low carbon spend within this accounts for only £33.6bn**. .

Accounting 52

Accounting Consumer Finance Supermarket 52

Nvidia

DECEMBER 7, 2021

In supermarkets and big-box stores, retailers will increase their use of intelligent video analytics and computer visions to create automated checkouts and autonomous or cashier-less shopping. They’ll become critical to enhancing fraud prevention and to mapping relationships to fight fraud more effectively.

Supply Chain Management 135

Supply Chain Management Management Telecommunications Checkout 135

Rangeme

JANUARY 11, 2022

Supermarket News. E-marketplaces accounted for 62% of global online retail sales, outpacing any other channel in e-commerce. Deliver diversity to physical and digital shelves Younger consumers are now more diverse than ever, as Millennials and Gen Z consumers account for 60% of the total U.S. Supermarket News.

Beauty and Health 52

Beauty and Health Consumer Returns Grocer 52

A1 Retail

APRIL 12, 2022

Nine in 10 consumers are concerned about the negative impact of rising household bills on their personal finances. Supermarkets saw a 16.9 The data has been adjusted to account for consumer spending being heavily impacted by the lockdowns in March 2020 and March 2021. per cent) and February (16.0

Consumer 40

Consumer Finance Outdoor Supermarket 40

Retalon

JUNE 10, 2020

may cover generic approaches to managing and optimizing price for any given product, but they don’t account for the most critical variables that determine your pricing success. Retailers who don’t account for these considerations often struggle with profitability. ultimately determine how profitable your business is.

Planning 41

Planning Markdowns Promotions Accounting 41

Rangeme

DECEMBER 7, 2021

Amazon, Walmart, Macy’s , and Bed Bath & Beyond recently added this form of installment financing. BNPL services, offered by companies like Klarna, Affirm, and Afterpay, account for 2.1% Supermarket News. Supermarket News. 7 Andriotis, AnnaMaria. Amazon Is Doing It. So Is Walmart. Why Retail Loves ‘Buy Now, Pay Later.’

Beauty and Health 52

Beauty and Health Consumer Grocer Shopping 52

Retail Gazette

APRIL 6, 2025

Britains largest supermarkets are set to be granted new powers to open more stores in areas where Aldi and Lidl dominate, as the Competition and Markets Authority (CMA) considers imposing new restrictions on the German discounters. Together, the two chains now account for nearly 20% of the UK grocery market.

Supermarket 115

Supermarket Grocer Finance Marketing 115