UK supermarket chain Sainsbury's has announced that it will work with Quantum Retail Technology in a bid to optimise its fashion and general merchandise inventory as well as its supply chain.
US retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by lower-income consumers intensified competition.
Despite possessing arable land the size of Germany, abundant water resources, and a favorable climate, the southern African country of Mozambique is still plagued by a food shortage.
Retail conglomerate China Resources Enterprise (CRE) said on Monday its first-quarter net profit fell 30.5 percent, hit by competition from e-commerce and a softer Chinese economy.
The United Arab Emirates and Egypt have awarded contracts to build two wheat silos in northern Egypt as part of an assistance package financed by the UAE, and more deals are expected soon
Sprouts Farmers Market Inc., one of Whole Foods Market Inc.’s fastest-growing competitors, is undercutting the prices of its larger rival by about 13 percent, according to analysis by Bloomberg Industries.
On March 21, 2014, the Japan Agricultural Exchange Council (JAEC) held an orientation seminar for 40 young Japanese agricultural trainees who will participate in a nineteen month-long farm training program in the United States.
U.S. food price inflation is expected to rise by 2.5 percent to 3.5 percent in 2014, higher than 2013 but roughly in line with long-term norms, the U.S. Department of Agriculture said on Friday.
Israeli investment group Mivtach Shamir Holdings is in talks with China's Bright Food Group Co on cooperating in the future as co-owners of Tnuva, Israel's biggest food company.
Tesco Plc CEO Philip Clarke and other top managers will miss out on their annual bonuses for a second year running after failing to reverse falling profit at Britain’s largest grocer.
Tesco, the biggest retailer in the United Kingdom, is to remove all sweets and chocolate from its checkouts after it transpired its customers would be greatly in favour of the move.