UK supermarket group Morrisons has announced that it is going to be permanently cheaper with price reductions on 1,200 everyday essentials, reinforcing its credentials as a fresh-led value grocer.
Belgian supermarket operator Delhaize posted a first-quarter core profit slightly below expectations as accelerating sales growth in the United States was undermined by a slowdown in its Belgian operations.
British grocer J Sainsbury (SBRY.L) said it was well-equipped to cope with the rise of discounters and price cuts by major rivals, even though a 5.3 percent increase in annual profit represented its weakest growth in nearly a decade.
Metro AG will run 50 wholesale markets in India by 2020 as the German retailer makes the world’s second most populous nation one of its main targets of growth.
On Sunday British supermarket chain Morrisons was forced to apologise after it provoked uproar for using the vast aeroplane wings of Antony Gormley’s famous landmark sulpture in Gateshead
PureCircle has announced that it has cut the carbon footprint of its products by 15 percent since last year and is now a quarter of the way to its 2020 carbon footprint intensity goal.
Kellogg Company has announced a new collaboration with Walmart to support the livelihoods of rice growers and sustainable rice growing practices around the world.
Whole Foods Market Inc on Tuesday cut its 2014 same-store sales and earnings forecast for the third time amid rising competition in the natural and organic grocery sector that it dominates, and shares tumbled almost 15 percent.
Safeway profit tumbled in the first quarter as the supermarket chain began to fully see the financial hit of selling hundreds of stores in Chicago and Canada.
According to the Ministry of Economy of Bolivia, the value of supermarket sales increased by 342% in the past eight years, from 99 million dollars in 2006 to 438 million in 2013.
IBISWorld said it expected revenue from the liquor retailing segment to increase by an annualised 3.3 per cent over the five years through 2013-14, to a total of $17.7 billion.
CarrefourSA, the Turkish joint venture between Carrefour and Sabanci Holding, said yesterday that its net profit rose 150% in the first quarter of this year compared with the same period of 2013.
This morning upmarket British supermarket chain Waitrose revealed that its sales rose by 6.5% in the first quarter, as it continued its trend of outperforming larger rivals.