China Resources Enterprise Ltd (CRE), the country's No.2 supermarket chain, said it will expand in smaller cities and lean on its joint venture with Tesco Corp to turn around a business that posted its lowest profit in nine years.
The United States has demanded that India submit information pertaining to its National Food Security Act to the World Trade Organisation (WTO) and questioned its effectiveness as far as food security is concerned.
Fresh fruit and vegetables exported from India to the European market will from next month onwards have to be routed through government recognized packhouses, amid concerns about the safety of some fresh produce items.
In its hometown of Bentonville, Arkansas, Wal-Mart opened the first Walmart to Go store this week, featuring fresh foods, prepared foods, frozen foods and coolers of refrigerated to-to foods.
Russian food retailer X5 is selling its stores in Ukraine to local rival Varus, the Ukrainian retailer said, the first Russian company to pull out of its neighbor amid a bitter political crisis.
The price war on meat products in Germany remained firmly in the focus of the country's national media over the weekend, as politicians and farmers' unions spoke out against Aldi's recent price-cuts.
