This week Tesco announced changes to its UK operations team in a move that reflects the changing priorities of the business away from big box retailing towards smaller proximity formats.
The China operating arm of U.S. retailer Wal-Mart Stores Inc said on Tuesday it planned to invest 580 million yuan ($92.99 million) to remodel 55 existing stores in China this year to enhance store operations and optimize customer experience.
An annual study carried out by Brand Finance, an independent intangible asset valuation consultancy, has reported that Carrefour is the ninth most valuable French brand.
Walmart Canada’s market share just keeps growing, but its drive to expand in a hypercompetitive retail sector weighed on the company’s quarterly results Thursday
A price war slashing the cost of products from broccoli to baby wipes is threatening the credit ratings of U.K. supermarkets as they battle to woo back customers from German discount chains Aldi and Lidl.
Russian food retailer Dixy Group said on Thursday its sales rose 25.1 percent in April, year-on-year, after an 19-percent increase in the previous month.
Supermarket chain Asda, the British arm of the world's biggest retailer Wal-Mart, said a strategy to cut prices had stemmed a loss of customers to discounters and attracted them from its three big rivals.
Wal-Mart Stores Inc forecast a profit for the current quarter that fell short of analyst expectations after quarterly sales grew at their slowest pace in nearly five years.
Wal-Mart has settled lawsuits with the families of 23 people who died from a 2011 listeria outbreak traced to cantaloupe grown at a Colorado farm and sold by the retailer, both sides said on Wednesday.
''Robuust, the Zero Waste Shop'' will open in Anvers at the end of June. It is the first Belgian supermarket 100% packaging-free (and the 5th of its kind in the world).
The Argentine government announced that it had fined supermarkets for almost 4 million dollars in the first quarter after they breached the agreement to mitigate price inflation.
