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Suppliers persevere against extreme weather conditions Thursday, 28th March 2013
In a year which has seen bitterly cold weather and uncharacteristically high levels of snowfall, retailers and suppliers have been striving to ensure that British stores remain stocked with food. Grocery retail news website The Grocer was informed of multiple stories of suppliers and retailers going to great measures to ensure that consumers did not find themselves without the products they needed.
Ocado sales rise more than 14% year-on-year Thursday, 14th March 2013
Online grocery retailer Ocado has published its interim management statement for the 12 weeks leading to 24th February. The report shows that the company’s gross sales, average orders per week and average order size all increased. Gross sales totalled £185.5 million, an increase of 14.4 per cent over the previous year, average orders per week increased 12 per cent to 130,995.
Morrisons plans to sell food online before the end of 2013 Thursday, 14th March 2013
Supermarket chain Morrisons has announced its intention to begin online retail and delivery of food before the end of 2013. Morrisons is currently the fourth most powerful supermarket chain in the UK. All three of the supermarkets currently ranked above it (Sainsbury’s, Asda and the current leader Tesco) sell and deliver food through their respective websites.
Ocado reports 11% increase in online sales Thursday, 14th February 2013
Photo Credit: Ocado. The company’s total sales for last year equalled £716.2 million, an increase of just over 11% compared to the previous year's total of £642.8 million. 2012 was a year which saw a number of significant changes and upgrades at Ocado which contributed towards the company’s sales increase.
Ocado’s yearly losses decrease by almost £2 million Friday, 8th February 2013
Online grocery retailer Ocado has reduced its losses this year from £2.4 million to around £600,000. Although the company lost £600,000, it is still a far lower amount than was lost the previous year and this still be considered a step towards the company finally becoming profitable. The company’s sales rose to £716 million between December 2nd 2011 and the same date the following year.
Online food shopping to double in next five years Wednesday, 17th October 2012
Online food and grocery sales are expected to double by 2017, according to a new report from IGD. The food and grocery experts found the online food and grocery market is set to be worth £11.1 billion by 2017, almost double its current value of £5.6 billion. IGD research found nearly 44 per cent of respondents expected to use the internet to buy their groceries in the next five to 10 years, while 58 per cent of shoppers surveyed said technology helped to save them money.
Premier Foods appoints new boss to 'accelerate' division plans Wednesday, 3rd October 2012
The UK’s largest food producer has announced former Uniq boss Geoff Eaton will take the reins as chief operating officer, as plans to divide the company are revealed. According to a report by the Grocer, Premier Foods will split the company into the two divisions of grocery and bread in a bid to become “more focused and profitable”.
Comfort and convenience lead the way for growth in grocery Monday, 24th September 2012
The UK consumer is spending more money on comfort and convenience, innovation and health foods, despite price hikes sending till receipts soaring. A recent Snapshot Report from SymphonyIRI Group, an industry leader in FMCG market measurement, found consumers’ spending an increasing amount on groceries that offered convenience, innovation, new tastes and a health-focus.
Carrefour sees strong growth in Latin America offset European struggles Thursday, 12th April 2012
The world’s second largest retailer by revenue saw a slight increase for the first quarter, largely in thanks to strong growth in its Latin American markets. Carrefour on Thursday announced EUR 22.49 billion in sales from January to March, up 1.5 per cent from the same quarter a year before. An 8.1 per cent increase in revenue for Latin America may be a saving grace for the retailer, although sales on the continent only make up 20 per cent of Carrefour’s total revenue.
China overtakes US as world’s largest grocery market Wednesday, 4th April 2012
China’s grocery sector has tripled in value between 2006 and 2015 to become the largest in the world. According to a report released by British industry body IGD on Wednesday, the country overtook the US with a grocery sector worth £607 billion in 2011, and is now forecasted to reach nearly £1 trillion by 2015.