Spartan Stores here Wednesday said the early Easter holiday and new wholesale accounts helped the company post sales gains and better-than-expected earnings in the fiscal fourth quarter.
The Guangdong Entry-Exit Inspection and Quarantine Bureau (GDCIQ) has suspended export of poultry products from certain areas to Hong Kong over a suspected case of H7 sub-type avian influenza (AI).
Sixty percent of food retailers surveyed said they had higher customer counts in 2012, according to a new report from Food Marketing Institute, although average sales growth was below inflation.
British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday as a struggling general merchandise division dragged on growth in food sales.
Russian food retailer X5 beat profit forecasts on Tuesday as it presses on with cost cutting and streamlining after losing its market lead to closest competitor Magnit.
China's vegetable prices continued their downward spiral. By the end of Sunday trade, they had dropped 15 percent since April 23, official data showed.
Two of the nation's biggest online food delivery businesses said they are merging in a deal that they hope will drive more orders, in more cities, through their platforms.
Retailer Tesco PLC plans to exit the US market and sell its Fresh & Easy retail chain. The company issued the news while reporting its preliminary earnings for fiscal year 2013.
Prices of dairy products such as Grade AA butter, cheddar cheese blocks and barrels, dry whey and nonfat dry milk were mixed in the U.S. Department of Agriculture’s May 15 National Dairy Products Sales Report.
Walmart has underperformed in first quarter of 2013, according to Stephen Springham, senior retail analyst at Planet Retail, a London, England-headquartered market research firm.
Published: May 17, 2013
By: Maria Kiselyova and Olga Sichkar
Russia's third-largest food retailer Dixy Group said on Thursday its revenue grew 24.8 percent in April, year-on-year, after a rise of 23.6 percent in March.
In an effort to channel funds into its struggling German home market, Metro Group is reportedly considering an exit from Egypt, Bulgaria, Kazakhstan and Japan, according to local reports.
The Innovation Center for U.S. Dairy, Rosemont, Ill., released two new resources to advance the industry’s ability to track, improve and communicate sustainability performance and progress across the supply chain.
Wind Point Partners, a Chicago-based private equity firm, announced plans to merge two of its portfolio companies—Hearthside Food Solutions and Ryt-way Industries.