Walmart Stores pledged to stock more 'Made in the US' products and to spend an additional $250 billion by the year 2040 to bring manufacturing back to the US.
Sainsbury's new CEO Mike Coupe said the UK’s third-largest grocer plans to keep its price positioning even as competition from Aldi and Lidl force rivals to discount.
After a decade at the helm, Justin King stepped down as CEO of Sainsbury's on Wednesday, with its chairman reassuring the grocer's investors that a tough market and the rise of discounters wouldn't stop it prospering under his successor.
Russia's biggest food retailer Magnit said on Wednesday its sales grew 32.8 percent in June year-on-year, accelerating from a 28.7 percent rise in the previous month.
European stocks were little changed, after the Stoxx Europe 600 Index fell the most in almost two weeks, as investors assessed equity valuations before earnings reports.
Italian families' grocery shopping habits are increasingly beginning to resemble what they were 10 years ago, as less money is spent on average per month, and less meat is purchased.
British retailers saw the biggest annual decline in prices since at least 2006 in June, with cheaper furniture, electricals and clothes as well as a supermarket price war all contributing, an industry group said on Wednesday.
Big retailers are taking a calculated hit to margins to invest in online grocery operations, in the hope they can persuade consumers to add more profitable items like clothes and computers to their orders of fruit and vegetables.
This summer, France has produced an extraordinarily large volume of fruit and vegetables, and Carrefour is set to capitalise on the spoils the weather has afforded farmers.
Research by Diabetes UK, which was funded in part by Tesco, has revealed that more than 700 people in the UK are diagnosed with diabetes each day (280,000 per annum).
According to the latest figures from Kantar Worldpanel Irish grocery sales grew by 2 per cent in the 12 weeks to 22 June, which is the fastest rate since March 2013.
The UK grocery market is set to be worth £203 billion by 2019 increasing by 16% from its current value of £175 billion, according to the latest forecasts by IGD.
It seems to be good news all round for Poundland in the UK at the moment, with share prices, profits and sales increasing, not to mention their new store openings.
Spanish retailer Eroski has presented its latest innovation in private label, Faccile', its new own-brand which offers a variety of fresh produce that is "ready to cook".
The supermarket group Asda is terminating 1,360 jobs as it "radically" reorganises its store-management in the face of the ongoing movement towards online grocery-shopping.
