Sentences with phrase «weak grocery sales»

Not exact matches

With Albertsons contending with weak sales performance in the last two years, and struggling to keep up with whatever Amazon.com has planned with Whole Foods Market and all the investments Walmart is putting into grocery pickup, it's clear it needed a deal.

The battle for market share between the major grocery chains and independent retailers has led to the weakest supermarket sales growth in almost two years.

Supermarket and grocery store sales rose just 2.9 per cent - the weakest rate of growth since September 2013 and well below the six month trend - as Woolworths, Coles and independents supplied by Metcash cut prices to regain market share lost to Aldi.

Weaker sales in wholesale food, grocery and liquor were offset by higher sales from convenience, hardware and automotive supply, sending group revenue up 1 per cent to $ 6.6 billion in the six months ended October 31.

Woolworths stock has fallen 14 per cent this month, partly on the back of weaker - than - expected first quarter sales and warnings from analysts that food and grocery margins are unsustainable.

Sales were stronger in convenience, hardware and automotive supply but weak in food, grocery and the increasingly competitive liquor market.