China Resources Vanguard, a flagship operating supermarket chains of China Resources, plans to expand its retail network by opening 80 new stores by the end of 2016.
Chinese retail sales grew 12.9% in May 2013 compared to the same month a year ago, according to the data released by National Bureau of Statistics (NBS).
Scottish food and drink manufacturers have led the country’s manufacturing sector to achieve a record £21M of business efficiency savings in the past year, according to new figures from Scottish Enterprise.
Wal-Mart Stores Inc's board approved a $15 billion stock repurchase plan, its first in two years, the world's largest retailer announced at its annual meeting on Friday.
Wal-Mart Stores could accelerate the opening pace of its Neighborhood Market grocery stores, Bill Simon, the retailer’s U.S. chief executive officer, said here Thursday.
Russia's third-largest food retailer Dixy Group said on Thursday its first-quarter net profit rose 9 percent, year-on-year, to 386 million roubles ($12 million).
Global food prices were little changed in May, the United Nations' food agency said on Thursday, as declines in dairy and sugar costs were offset by rising maize prices.
Wal-Mart Stores has announced new sourcing, quality control and employee training strategies for its fresh produce, which is now backed by a 100% money-back guarantee.
China, the world’s biggest food and grocery market, is now valued at more than US$1tn and is forecast to be worth US$1.5tn in 2016, according to latest figures published by market researcher IGD.
Whole Foods Market is scheduled to open an inner-city store that will be smaller than the chain's norm, with lower prices and a larger selection of private-label items.
Nigerian stocks rise almost two percent, lifted by gains in its biggest listed firm Dangote Cement and heavy weight food group Nestle which both soared to new record highs.
That’s the philosophy behind food safety at Wal-Mart Stores, Inc., which in 2008 became the first national grocery chain to require suppliers to comply with Global Food Safety Initiative (GFSI) standards.