Wal-Mart Stores Inc.’s Greg Foran (pictured), a fast-rising executive at the retailer’s Asia operations, will take over as head of its US division for Bill Simon, who is leaving the company.
GPA SA , Brazil's biggest retailer, expects the gross profit margin of its food business to remain at the level seen in the second quarter, executives said on Thursday.
Stalled progress towards EU membership has shifted Turkey’s economic interest, and it is now looking for closer cooperation with Russia’s Customs Union, Economic Development Minister Aleksey Ulyukayev said.
Three Carrefour hypermarkets in Madrid, Spain, will pilot Proximus' solution to track shopping trolleys and baskets this autumn, according to a report in the RFID Journal.
UK waste management company Biffa and Sainsbury have unveiled an innovative facility that will allow the UK retail group’s Cannock store to run on power generated solely from the supermarket’s own food waste.
UK-based food producer Whitworths has selected global enterprise applications company IFS Applications 8 to improve manufacturing efficiency, stock control and supply chain forecasting.
Russia's biggest food retailer Magnit raised its full-year forecasts on Wednesday after it reported strong quarterly earnings, proving resilient to Russia's slowing economy.
According to the Rosselkhoznadzor Office for the Republic of Crimea and Sevastopol, the supply of all kinds of food from Ukraine to Crimea is implemented in full and without any delays from the Russian side
Harvesting of the 2014 early season’s potatoes and minor cereal crops of wheat and barley, is currently underway and will continue until the end of June.
Herbalife Ltd shares fell the most in three months yesterday after billionaire Bill Ackman vowed to show Enron Corp.-like fraud at the seller of supplements and weight-loss shakes.
Wal-Mart Stores Inc. plans to cut prices more aggressively during this year’s back-to-school season and will add inventory to its online store as the chain battles retailers for student spending.
Shinsegae Group, the nation’s largest retailer, is planning to expand in Korea’s crowded convenience store sector, aiming to open 1,000 With Me outlets by the end of this year.
The Philippine licensee of the 7-Eleven chain of convenience stores grew its profit by a fourth in the second quarter of the year on higher same-store sales.