Walmart Canada said Tuesday that it plans to invest “nearly $500 million” in expansion in Canada in the coming year, which will include $376 million for new and expanded stores, $91 million for its distribution network and $31 million for e-commerce.
USDA left the U.S. ending stocks number for soybeans unchanged in its monthly World Agricultural Supply and Demand Estimates (WASDE) report, deflating hopes of what some market-watchers said could be a bullish jolt for that pit.
Russia's biggest food retailer Magnit said on Monday its sales rose by 25.2 percent in January, year-on-year, to 51.7 billion roubles ($1.5 billion), after a rise of 23 percent in the previous month.
Woolworths Limited on 6 February 2014 released its sales results for the first-half of the 2014 financial year (27 weeks to 5 January 2014) with key figures showing that group sales from continuing operations (excluding petrol) grew 5.8% to $28.2 billion.
Year-on-year growth in retail food sales is at its strongest since early 2010, according to a report from food manufacturing industry body the Australian Food and Grocery Council (AFGC) and packaging and distribution company CHEP.
Prices for New Zealand's main commodities rose 1.2 percent to a record high in January, driven by high prices for dairy products, wool, and logs, ANZ Bank's commodity price index showed on Tuesday.
Oil and metals prices rose this week but gains were capped by poorly-received data out of the United States and China, the world's two biggest economies.
The UK plans to ban retailers from selling alcohol at below-cost prices before the start of the FIFA World Cup finals this summer, in an attempt to limit excess drinking.
Dairylea Cooperative, a regional milk cooperative located in Syracuse, New York, has received approval from its members for the proposed merger with national milk marketing cooperative Dairy Farmers of America (DFA).
India's annual sugar production is likely to drop by around 4 percent in the 2013/14 season to around 24 million tonnes as cane yields fell in key producing states due to bad weather, industry and government officials said.
King Kullen Grocery Co. said it would open its natural/organic banner Wild by Nature later this year at a site previously occupied by its King Kullen conventional store.
After negotiations between workers from bottling plants in Spain, and Coca-Cola Iberian Partners (CCIP),it has emerged that workers who are to be made redundant will receive an package of 30 days for every year with the company.
Pernod Ricard has announced that it intends to broaden its existing program of QR codes used to fight the problem of counterfeit products, sending it into the African and South American Markets.
