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Stop & Shop Names Industry Vet as Chief Merchant

Retail TouchPoints

Lee Nicholson I am looking forward to returning to Stop & Shop, which is where I started with this organization, said Nicholson in a statement. He originally joined the supermarket retailer in 2004 as a grocery buyer and category manager: Its a brand I know well and look forward to caring for in my new role.

Shopping 265
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Asda CEO: Five runners and riders following Allan Leighton’s return

Retail Gazette

The longstanding, and so far unsuccessful search for Asda’s new CEO could receive a shot in the arm following the return of former chief Allan Leighton as its new executive chair this week. Retail Gazette looks at some of the possible candidates to be supermarket’s next chief executive.

Returns 116
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Woolworths profit falls 20.6 per cent amid strikes, changing consumer habits

Inside Retail

Woolworths Group booked lower profit in the first half, attributed to the 17-day industrial action impacting its supermarket business last December and a trend of customers seeking more value when shopping. The group’s net profit fell 20.6 per cent to $739 million after earnings before interest and taxes (EBIT) slid 14.2 per cent to $1.45

Consumer 243
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Asda chair admits supermarket’s problems are ‘self-inflicted’

Retail Gazette

Asda veteran Allan Leighton admitted the supermarket chains problems are self-inflicted as he looks to turnaround the business following his return as chairman last year. Leighton also admitted that why we are where we are is largely self-inflicted. fall over the golden quarter.

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Data: Asda’s market share plunges as Aldi and Lidl gain pace

Retail Gazette

Asda’s flagging fortunes have carried further into the new year, with sales at the supermarket falling 5% in the 12 weeks to 23 February. Related Story Asda tops list for supermarket substitutions, Which? The supermarket giant marked another month as the UK’s leading grocer, with market share up 0.6% from the 13.7%

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In pictures: Asda unveils £2m refurbished Greater Manchester supermarket

Retail Gazette

Asda has completed a 2m transformation of its Pilsworth store in Bury, marking the supermarket’s largest single-store investment in several years. The 61,000 sq ft store has been given a fresh modern look with new feature lighting and updated signage, including materials promoting the return of Rollback.

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Asda chair Allan Leighton’s four point game plan

Retail Gazette

Asda chair Allan Leighton has laid down his game plan for turning around the UK’s third biggest grocer and “ regaining customers trust” The supermarket chain saw its like-for-like sales slide 3.4% The supermarket has since invested 43m in store hours during the second half of last year.