Opinion on Food and Drink Specialists

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Type Product title / description Pub Price
CommentWire
CommentWire

Tesco: announces price offensive

Tesco's announcement that it is cutting its prices by a total of GBP80 million represents the start of the latest round in the supermarket price wars. It will also put price higher on the grocers' PR agenda following 2006 when deflation across all grocers eased for the first time since 2003.

Published By Datamonitor
02 Jan 2007
CommentWire
CommentWire

Co-operative Group/ United Co-operatives: pursuit of scale

The two largest UK retail co-operatives, Co-operative Group and United Co-operatives, are considering a possible merger in a bid to compete more effectively with the Big Four supermarkets. Maximizing business synergies and capitalizing on scale economies is a step in the right direction but in light of Tesco and Sainsbury's aggressive business models, the co-operatives still need to do more.

Published By Datamonitor
12 Dec 2006
CommentWire
CommentWire

Morrison: Marie Melnyk resigns

Marie Melynk, who worked for 31 years at Morrison, has resigned as managing director due to ill health. Losing such an experienced director will be a blow to the retailer but it will enable new chief executive Marc Bolland to make more of an impact on the business.

Published By Datamonitor
08 Dec 2006
CommentWire
CommentWire

Kroger: service and quality strategy driving sales

US grocer Kroger has reported strong Q3 results, including underlying supermarket sales up 5.1%, excluding fuel. With the run up to the all important festive season underway, Kroger is confident that its strong emphasis on service and quality, alongside its favorable price positioning, should enable it to take full advantage of the final quarter and finish 2006 on a high.

Published By Datamonitor
07 Dec 2006
CommentWire
CommentWire

Tesco: juggernaut continues unabated

In a difficult retail market, the UK's largest retailer has delivered on each of the four components of its strategy, reporting group sales growth of 10.3% (excluding petrol). The good news for investors is that not only is Tesco showing no sign of slowing down, it is actually well placed to pick up further pace.

Published By Datamonitor
05 Dec 2006
CommentWire
CommentWire

Kwik Save: future in doubt?

Kwik Save's attempts to secure its second refinancing package in a little more than two months are an indication of the difficulties the retailer is currently experiencing. With availability and profitability issues, falling sales, and leadership problems, the retailer may be relying on this refinancing in order to stay afloat.

Published By Datamonitor
04 Dec 2006
CommentWire
CommentWire

Wal-Mart: entry into India secured

The venture between Wal-Mart and Bharti will begin with a focus on food & grocery, but could lead to a host of non-food products in the future. The scale of the opportunities means Wal-Mart cannot afford to fail in India. It needs to ensure that it is totally in touch with India's highly diverse and fickle consumers if it is to succeed.

Published By Datamonitor
28 Nov 2006
CommentWire
CommentWire

Asda: Q3 performance boosts recovery

Asda announced a far reaching recovery plan towards the end of 2005, following a disappointing year in which the retailer saw its lowest sales growth in over 10 years. The results of this plan are now beginning to show with a much improved performance in Q3 of 2006.

Published By Datamonitor
15 Nov 2006
CommentWire
CommentWire

J Sainsbury: corporate responsibility takes center stage

Interim results released by Sainsbury confirm the grocer's recovery is well on track, with group sales ahead 8.3% and underlying profit before tax up 60.2%. CEO Justin King was also keen to bring attention to the grocer's corporate responsibility initiatives, which could provide a sound way for the retailer to differentiate in an increasingly competitive market.

Published By Datamonitor
15 Nov 2006
CommentWire
CommentWire

Rewe: Czech consolidation continues

Rewe has bought 96 Delvita supermarkets from Delhaize for E100 million, turning it into the number one supermarket operator by outlet numbers in the country. This move is the latest in a string of market acquisitions and shows that the consolidation process in the Czech Republic is well afoot, but might also hint at Delhaize's strategy.

Published By Datamonitor
14 Nov 2006

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