Opinion on Food and Drink Specialists

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Type Product title / description Pub Price
CommentWire
CommentWire

Kwik Save: reorganization continues

The announcement that Kwik Save has received more investment is another step towards getting the retailer back on track. However, there is still a long way to go for the budget grocery chain which in recent years has lurched from one problem to another.

Published By Datamonitor
16 Oct 2006
CommentWire
CommentWire

J Sainsbury: recovery on track

Sainsbury's second quarter announcement of 8% total sales uplift (excluding petrol), including a 6.6% like-for-like improvement, marks the seventh consecutive period of growth for the retailer and suggests Justin King's recovery plan is firmly on track. But with Tesco continuing to storm ahead and Asda and Morrison both trading significantly better, Sainsbury needs to remain on top of its game.

Published By Datamonitor
11 Oct 2006
CommentWire
CommentWire

Somerfield: new sales growth strategy may need greater investment

After almost a year focused on repaying debt since it was taken private by an Apax led consortium, Somerfield's new CEO, Paul Mason, has announced plans to reclaim lost market share from rivals. But with a tight store refurbishment budget and stronger competition from rivals, Somerfield will have its work cut out.

Published By Datamonitor
05 Oct 2006
CommentWire
CommentWire

Tesco: impressive performance set to continue

Despite tough market conditions and increasing competition, Tesco has reported a 12.7% uplift in group sales during the 26 comparable weeks to August 26, 2006. With all four dimensions of its growth strategy performing well, the retailer is on track to maintain momentum during its second half and into the foreseeable future.

Published By Datamonitor
03 Oct 2006
CommentWire
CommentWire

Coles Myer: too bold?

Coles Myer has gone on the defensive following an unwanted takeover bid from a private equity consortium and interest from a second. The company has ambitious plans to restructure the business, but may have been influenced by the desire to deter a takeover as much as its actual ability to hit the targets.

Published By Datamonitor
22 Sep 2006
CommentWire
CommentWire

Subway: seeking forecourt partners

US sandwich retailer Subway has announced plans to enter into a trial joint venture with UK supermarket Tesco to open concessions in Tesco Express stores, and is also seeking partners on UK forecourts. Interest in a relationship with Subway is likely to be high among fuel retailers, both because of the sandwich retailer's established brand and the growing demand for healthier on-the-go snacks.

Published By Datamonitor
21 Sep 2006
CommentWire
CommentWire

Wm Morrison: recovery on track

Morrison has released an impressive set of results for its first half of the year, demonstrating steady progress with its optimization plan. With the integration of the Safeway estate complete, investors will be pleased to see the retailer post profits of GBP134.2 million - against the losses of GBP82.1 million reported last year.

Published By Datamonitor
21 Sep 2006
CommentWire
CommentWire

Ahold/Delhaize: a merger of convenience

Dutch retailer Ahold and smaller rival Delhaize are in talks, with a merger between the two seen by many as the most plausible outcome. Ahold's and Delhaize's business operations may well be split along geographical lines, with Ahold running a future European division while Delhaize could affect the turnaround of Ahold's underperforming US arm.

Published By Datamonitor
21 Sep 2006
Expert View
Expert View

Tesco: heading for a Bangkok showdown

Tesco is under pressure from Thailand's commerce ministry to suspend all expansion activity until next year, jeopardizing plans to open three to four hypermarkets this year. This draconian move to protect the country's small independent shopkeepers is a clear move to secure votes before the country's general election in November.

Published By Datamonitor
15 Sep 2006
CommentWire
CommentWire

Thorntons: Burdon quits as profits slump

Thorntons' strategy needs overhauling. While sales via grocers are growing strongly, the company's high street shops and franchise operations continue to disappoint - despite numerous initiatives designed to improve their performance. Turning these shops around will be essential for delivering an enduring recovery at the business.

Published By Datamonitor
13 Sep 2006

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