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Walmart Improves Share Prices

admin — Fri, 18 May 2012 09:45:06 +0000

By Laura Elliott. Despite claims there has been bribery within the organisation, US retail behemoth Walmart has seen its quarterly profits and sales surpass expectations. More customers shopped at its US stores, and crucially, they spent more. The result is that the retailer’s shares have increased in value by 5%, despite an ongoing inquiry into [...]
International Supermarket News

Asda Launches Jubilee Charity T-Shirt

admin — Thu, 17 May 2012 09:36:56 +0000

By Laura Elliott. Walmart-owned retailer Asda, as part of its title as the retail partner for The Big Jubilee Lunch, is offerings its customers an official, limited edition, Big Jubilee Lunch T-shirt. The product has been designed by the supermarket’s clothing brand George, and made in Britain as part of the chain’s womens clothing range. [...]
International Supermarket News

Tesco Re-Launches Clubcard Exchange

admin — Wed, 16 May 2012 09:37:21 +0000

By Laura Elliott. The UK market leader Tesco has made the decision to bring back its Double Clubcard Exchange for one month only, in an attempt to win back some of its recently-lost customers. The promotion allows customers to exchange a £5 Clubcard voucher for a £10 token which they can spend on a range [...]
International Supermarket News

Sainsbury’s Looks for Charity Partners

admin — Tue, 15 May 2012 09:17:19 +0000

By Laura Elliott. The Newton Stewart branch of Sainsbury’s is currently searching for a new local charity partner, which would receive a year’s worth of fundraising support from the supermarket. The retail chain’s Local Charity Partner scheme is in its fourth year, and the new charity would receive Sainsbury’s help and support from the 20th [...]
International Supermarket News

Sainsbury’s Posts 5% Profit Rise and Begins Move Into China

admin — Mon, 14 May 2012 09:13:01 +0000

By Laura Elliott. UK retailer Sainsbury’s is on Wednesday expected to make public a 5% rise in its pre-tax profit to around an estimated £700 million for the last year up to March 17. These results are a reflection of a successful 12 months for the supermarket chain, which has gained market share in clothing. [...]
International Supermarket News

Tesco Changes International Management – Again

admin — Sun, 13 May 2012 08:58:24 +0000

By Laura Elliott. UK retail market leader Tesco has implemented new changes in senior management across its international business, following the departure of the chief executive for the supermarket’s Slovak operation. As reported by The Financial Times, Stefan De Loecker has “decided to leave Tesco to pursue other opportunities”, according to an internal memo from [...]
International Supermarket News

Sainsbury’s Posts Profits Rise

admin — Sat, 12 May 2012 08:47:29 +0000

By Laura Elliott. UK retailer Sainsbury’s has this week posted an unexpected rise in annual profits, scorning the latest investment plans of its rivals Waitrose and Tesco. The chain has also responded to criticism that it has been “cutting back” on its opening programme, by emphasising that more than one million square feet of new [...]
International Supermarket News

Morrisons Re-Launches Ice Cream and Frozen Desserts

admin — Fri, 11 May 2012 08:41:42 +0000

By Laura Elliott. UK retailer Morrisons is re-launching its own-label ice cream and frozen desserts ranges this week. The new range will feature improvements to its existing lines alongside a selection of brand new products. The new Mor range of ice creams is made up of nineteen flavours, eight of which are new. There are [...]
International Supermarket News

New Carrefour CEO Allows the Loss of Two Executives

admin — Thu, 10 May 2012 08:37:11 +0000

By Laura Elliott. Georges Plassat, who will next month take on responsibility as Carrefour’s chief executive, has allowed two of the retail giant’s senior executives to step down. Reportedly, Mr. Plassat has no plans to replace them, according to La Tribune. The new executive will take up his role on 10 June this year. He [...]
International Supermarket News

Asda to Launch Holograms In-Store?

admin — Wed, 09 May 2012 08:23:19 +0000

By Laura Elliott. Customers at Walmart-owned supermarket chain Asda could soon be in for a sci-fi shock, as the retailer may introduce ‘hologram’ sales staff to its stores, which will provide information on the latest products on offer. The UK’s second biggest supermarket is seriously considering the introduction of virtual store assistants into its outlets, [...]
International Supermarket News