Despite remaining the most popular supermarket chain in Ireland, Tesco's market share has taken a considerable hit over the past 12 weeks, falling from 27.5% to 26%.
Although the discounter has enjoyed a heavy presence throughout most of Europe's key market's for a number of years, including mainland Spain, Aldi has only just recently received approval to construct its very first store in Majorca.
Some of the biggest investors in British supermarket chain Morrisons have reportedly issued stern warnings to the company's senior management on foot of lowered profit forecasts which were announced last month.
Spanish retail group El Corte Ingles has revealed a 4% rise in annual profits from their supermarket brands, spurred by the policy over the past number of years to cut prices on thousands of FMCG products.
Lidl Spain’s turnover reached €2.5 billion in 2013, up 4% year-on-year, on the back of its push for fresh products, the expansion of product range and higher presence of local products, reported Spanish media.
Russia's biggest lender Sberbank said on Thursday it would lend Croatia's biggest food producer and retailer Agrokor 600 million Euro ($829.47 million) to help it refinance existing debts and provide funds for company development.
Britain's largest supermarket chain Tesco is set to announce a second successive year of falling profits when it releases its financial figures this coming Wednesday.
Dutch supermarket chains C1000 and Jumbo have until 1 July to confess to turnover fraud, in order to avoid additional fines being imposed by the national treasury.
Bharti Group, the owner of India's largest mobile operator by revenue and subscribers, is reportedly in advanced talks to form a cash-and-carry joint venture with French retailer Carrefour, having broken off its six-year strategic partnership with the wor
A rise in food and retail stocks, seen as "defensive" plays with investors worried by tensions in Ukraine, enabled Britain's top equity index to inch higher on Monday.
Inflation in India is expected to have edged up on higher food costs in March, snapping a three-month easing trend that will give the central bank less scope to support the economy amid fresh signs of slowdown.
Three of Holland's largest food service and retail operators have announced a new tie-up in order to try and synchronise their various logistics systems.
Latest figures from the Scotch Whisky Association show sizeable dips in export values, notably to some Asian markets despite an increase in overall export volume volumes.
