Channels/Food-to-go & eating out/News

Food-to-go & eating out news

10 September 2015
Sales at John Lewis Partnership show a positive performance for the six months ended 1 August at +2.1%, driven by a stronger performance in the non-food business. Waitrose sales increased over the half by 1.1%, however LFL sales fell by 1.3%. By contrast, LFL sales were stronger in the John Lewis department stores, ahead by 3.6%. There was however a reduction in profits, particularly at John Lew...
09 September 2015
Morrisons has announced the sale of its 140-store convenience estate to new owner Greybull Capital. 140 stores sell for £25m Morrisons is selling its convenience estate at a loss, for £25m in cash, to investment firm Greybull Capital in a deal led by retail entrepreneur Mike Greene. Morrisons will retain five of its stores, which are either forecourts or large enough to be converted int...
02 September 2015
As acquisitions underpin first quarter sales growth of over 20%, we look at Couche-Tard’s prospects for the year ahead. US leading the way Couche-Tard’s merchandise and service revenues increased by 22.8% to $2.4bn in Q1, driven by the acquisition of The Pantry in the US. Sales in Europe and Canada fell by 20.4% and 10.8% respectively, although this was due to the impact of currency movem...
25 August 2015
In a bid to showcase its quality credentials Tesco is trialling 'Try before you buy' at six London stores. The initiative comes as Tesco outlines plans for more head office staff to work on the shop floor in the run up to Christmas. Focus on own brand food-to-go The scheme will only apply to selected own brand food-to-go items and is set to be heavily promoted through point of sale marketin...
24 August 2015
We take a look at how Target is aiming to deliver a more integrated food experience across the store. Testing three very different concepts As reported in USA Today , later this year Target is to start testing new food-to-go concepts in 14 of its stores. The retailer is partnering with three different companies, each of which reflects a unique approach to food-to-go. Nine of the sto...
20 August 2015
Switzerland-based Migros innovates with a new takeaway food concept called 'My Way' and confirms the formation of a joint venture with India's Future Group. 'My Way' launched in Bern The new food offer, 'My Way', offers customers a chance to personalise their order. W ith the food-to-go market growing in popularity in Switzerland, Migros hopes to compete and if 'My Way' is successful, ...
05 August 2015
In the second of our series showcasing some of our favourite new concepts that we’ve visited across Europe, we highlight MAD Cooperativet in Copenhagen. Market leader Coop Danmark opened this flagship store in Copenhagen's Central Station in March 2015 ‘to inspire Danes to achieve greater enjoyment of food’ . There are two adjacent MAD Cooperativet stores; a supermarket and convenience store ...
04 August 2015
Major UK food-to-go specialist, Pret a Manger is assessing the possibility of launching a vegetarian-only format, in response to the significant growth in demand for vegetarian products across its existing store portfolio.  Reviewing category performance within the Pret business has revealed that sales of meat free sandwich and salad options have grown by 12.5% within the last six months, well ah...
29 July 2015
Leading bakery-focused food-to-go specialist Greggs has reported highly encouraging interim results with strong sales growth and a pick-up in profits. Strong LFL growth boosted by product innovation Sales growth of 6.4% in the 26 weeks ending July 4th was primarily driven by a 5.9% increase in LFL sales at Greggs own stores, a considerable achievement against a fairly demanding comparative...
28 July 2015
Major national convenience retailer, McColl's Retail Group has announced interim results for the first half the 2014/15 financial year, revealing total sales up 3.4%, boosted by the expansion of its store network through the acquisition of 25 stores.  However, like-for-like sales fell by 1.9%, impacted by the ongoing deflation in the UK food and drink retail sector, and the highly competitive env...