Latest Intelligence on Food and Drink Specialists

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Type Product title / description Pub Price
CommentWire
CommentWire

Woolworths: tricky times ahead as sales slide

The World Cup has led to many retailers suffering a blow as consumers stay indoors to watch matches as opposed to hitting the high street. However the football tournament also serves as a convenient excuse for retailers needing to explain weak trading figures.

Published By Datamonitor
16 Jun 2006
Expert View
Expert View

Woolworths Holdings: South African success lies ahead

A day after rival Pick 'n Pay, Woolworths Holdings has reported robust figures. The retailer has introduced a number of initiatives to strengthen its core grocery lines alongside a move to more low cost sourcing in clothing and homewares - initiatives which should enable the retailer to benefit in the long term.

Published By Datamonitor
25 Aug 2006
CommentWire
CommentWire

Woolworths and IGA: supermarkets go local

Independent grocery network IGA recently launched an advertising campaign emphasizing the local individualism of each of its 1,000 independent stores. The launch came days after Woolworths announced it would clearly label its range of Tasmanian produce. Supermarkets are increasingly tapping into the 'local' trend, driven by consumers' desire to support and feel part of their community.

Published By Datamonitor
30 Jul 2010
CommentWire
CommentWire

WM Morrison: time to shop around

WM Morrison's takeover of the Safeway chain in 2004 has proved more problematic than initially expected, raising concerns over the group's ability to integrate such a large acquisition. Finance director Martin Ackroyd is the victim of a boardroom shakeup that should see the supermarket group's management thrust into line with accepted corporate governance standards.

Published By Datamonitor
24 Mar 2005
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

Wm Morrison: premium lines key to momentum

Shares in Wm Morrison rose 6.9% yesterday to finish the day at 210.5p. It was the best day Morrison's has enjoyed on the FTSE 100 for sixteen months, and came on the back of better then expected Christmas sales. However while management may feel vindicated for putting the company back on track, Morrison's will still need to work hard to maintain the momentum.

Published By Datamonitor
23 Feb 2006
CommentWire
CommentWire

WM Morrison: good times coming to an end?

When WM Morrison [MRW.L] acquired Safeway last year, it must have hoped that the deal would kick-start further expansion of its market share. Despite somewhat disappointing festive sales figures, Morrison has nevertheless worked hard on its product range and its current slump may only be temporary. The end of 2005 may be a better time to assess the retailer's prospects.

Published By Datamonitor
12 Jan 2005
CommentWire
CommentWire

Wm Morrison: first loss may not be the last

Wm Morrison has announced its first ever full-year loss, a pre-tax figure of GBP313 million, following the troubled integration of the Safeway group. Although the newly converted Safeway stores are now delivering solid sales, growth could slow to that of the core Morrison stores where like-for-like sales rose by just 0.3% over the year.

Published By Datamonitor
24 Mar 2006
CommentWire
CommentWire

WM Morrison: completing Safeway merger

More than a year after Morrisons [MRW.L] announced its intention to merge with the Safeway chain, the retailer has finally completed the process. This is only the latest development in the ongoing rationalization of the food and drinks market.

Published By Datamonitor
12 Mar 2004
CommentWire
CommentWire

Whole Foods Market: Wild Oats merger on track

Whole Foods is offering Gregory Mays, Wild Oats' interim CEO, a $750,000 bonus to stay on until the sale is completed in April. The merger reinforces Whole Foods Market's dominant position in natural and organic food retailing in the US and enables the retailer to compete on a firm footing with its mass market rivals.

Published By Datamonitor
01 Mar 2007

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