Sales by China’s largest chain stores rose 9.9 percent to 2.04 trillion yuan last year, marking the slowest growth since 1998, according to a recent report by the China Chain Store and Franchise Association (CCFA).
French retailer Auchan has revealed plans to open five commercial retail centres in Tunisia, with the intention of investing a total of €448.6 million.
Shufersal, Israel's largest supermarket chain, reported a 42 percent drop in quarterly net profit on Monday due to the timing of the Passover holiday, intensifying competition in the sector and a weakening Israeli economy.
The Association of European Banana Producers (APEB) has announced that it wishes to maintain the community's production, its acres and the producers' income until 2020.
Ireland-based grocery wholesaler the Musgrave Group has said that poor trading in the UK contributed to falling profits despite the fact that it 'out-performed' flat conditions in its home market.
Germany's Metro Group announced a 7.6% drop in turnover in the first quarter of their fiscal calendar because of competition from online rivals and a late Easter period.
Aldi, a grocer operating nearly 1,300 U.S. stores in 32 states, primarily from Kansas to the East coast, has launched a new gluten-free product line: LiveGfree.
Morrisons, the smallest of the UK’s four main supermarket chains, reported the steepest sales drop in recent history, illustrating why the grocer slashed prices last week in an effort to regain shoppers.
Ask Tesco Chief Executive Officer Philip Clarke how he plans to stop budget food stores from taking more of his customers and he’ll talk about Amazon.com Inc. and Apple Inc. instead.
The latest share figures from Kantar Worldpanel, published for the 12 weeks ending 27 April 2014, show British grocery market growth at just 1.9% – the lowest level for at least 11 years.
German retailer Metro AG cut its outlook for its consumer electronics division on Thursday after a disappointing first quarter as the unit struggled with competition from online rivals and a leadership crisis.
US retail giant Walmart spent more than USD 109 million in fiscal 2014 to enhance its global anti-corruption compliance programme and added personnel for the same in many countries, including India.
The nation’s biggest retailer has begun opening heavily-promoted 'pound shop' areas within its stores in a bid to take on thriving Poundland and other low-cost chains.
