Lotte Shopping Co., South Korea's second-largest retailer, said Monday it will build four shopping malls across Indonesia by 2018 to meet rapidly-growing consumption potential.
Shares in Britain's B&M European Value Retail, chaired by former Tesco chief executive Terry Leahy, rose nearly 8 percent on their market debut, showing that investors remain enthusiastic about the discount sector of the retail industry.
Belgian supermarket chain Delhaize will cut up to 2,500 jobs at its Belgian operations over the next three years, about 15 percent of its workforce there, to restore margins hit by high wage costs and tough competition
British grocer J Sainsbury posted a second straight fall in quarterly underlying sales, highlighting the challenges facing its new CEO as the long-serving Justin King steps down amid subdued consumer demand and mounting competition.
Russia's biggest food retailer Magnit said on Tuesday its sales grew 28.7 percent in May year-on-year, moderating after a 30.5 percent jump in April that was caused by the early Easter holiday this year.
The World Cup is set to generate an estimated £508 million in supermarket sales if England succeeds in passing the group stage, according to a new survey.
Wal-Mart Stores Inc appointed Gregory Penner as vice chairman, showing again that the world's largest retailer is looking at younger executives to revive its fortunes.
The British Supermarket Chain Asda has announced that it will store 50,000 Golden Delicious apples within caves in the Italian Alps in an effort to reduce its carbon footprint.
Dutch retailer Royal Ahold NV said today it will cut 210 posts to streamline the functions at its head office as part of what it described as its "simplicity program".
FMI Connect 2014 is the new, annual FMI Show, where the entire food retail industry comes together - 15,000 retailers, wholesalers and suppliers from every channel of the food retail business.
