Bruno Monteyne news and analysis – Page 9
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News
Dave Lewis: ‘Tesco’s sense of humour is winning back shoppers’
Lewis believes having a light-hearted relationship with its customers is as important as restoring more competitive prices
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News
Tesco results – what the analysts say
Tesco today announced a sharp drop in first-half profits but also revealed a recovery in volumes. Here is what leading City and retail analysts had to say about the results
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News
Tesco trials new Price Promise amid scrapping rumours
Tesco told The Grocer today it was conducting trials at stores in Northern Ireland of a revamped version of Price Promise
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News
Tesco expected to reveal more profit downgrades
Profits at Tesco are predicted to have slumped by more than £500m in the first half, more profit downgrades expected by analysts.
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Analysis & Features
Sainsbury’s surprise signals substance to big four’s ‘green shoots’
The JS news sparked a frenzy of activity from analysts
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News
Potts has time to turnaround Morrisons but must improve offer, says retail analyst
Morrisons still has the weakest retail offer of its competitors and will need more time and money to win back shoppers, Bernstein has said.
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News
Tesco sells Homeplus to investors for £4.2bn
The sale marks another step in the scaling down of the global empire built by Sir Terry Leahy and Philip Clarke
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Analysis & Features
Tesco Project Reset: big bang or softly softly for next phase?
Sources suggest the chain is wary of alienating shoppers through implementing the SKU cull too quickly
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News
WH Smith shrugs off VAT row to upgrade earnings forecast
WH Smith has shrugged off the ongoing row about allegations that retailers are pocketing VAT savings
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News
Casino reports improved activity in Q2
French retailer Casino’s standout performance has come from its ecommerce business in the second quarter – with gross merchandise value up 25.8% at constant exchange rates.
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News
Carrefour shares rise as international growth pushes up sales
Shares in French supermarket giant Carrefour have risen 2.5% to €30.89 thanks to continued sales growth in its second quarter
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News
Ahold-Delhaize merger prompts Morrisons-Sainsbury's gossip
The mega-merger of European supermarket giants Ahold and Delhaize will shake up the grocery sector in Europe and the US…
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News
Morrisons just stays in FTSE 100 following share price surge
A mid-week share price surge was triggered by signs its trading performance is finally improving
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News
Tesco store staff 'could not cope' with boom in online orders
Announcing a £6.4bn loss, the largest in retail history, Lewis said he was encouraged by a reversal in the fortunes of its Extra stores
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News
Tesco analysts bullish about prospects despite profit forecasts
Analysts expect good news as well as bad in Wednesday’s results
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News
Media Bites 24 March: Morrisons, Tesco, Halfords
Morrisons has been accused by a leading City analyst of issuing a “stealth profit warning”
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News
Morrisons' loss illustrates scale of job for new CEO Potts
The scale of the task facing new Morrisons CEO David Potts was laid bare this wee…
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News
City Snapshot: SABMiller confident of winning solid growth in Africa
SABMiller MD Mark Bowman outlines the brewer’s African growth aspirations
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Analysis & Features
Morrisons-Dia link-up would 'cannibalise' sales says analyst
Analysts have dismissed the potential for Morrisons to launch a Netto-type tie-up with Spanish discounter Dia
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News
Tesco has '75% chance' of successful recovery, report claims
The report by Bernstein claims that the UK’s biggest retailer is in the “recovery on track zone”