Britain's biggest retailer Tesco has been dealt a fresh blow today after a second ratings agency warned of a possible cut to its credit rating in the wake of its recent poor run.
Russian food retailer O'Key on Tuesday lowered its sales growth forecast for the year and pledged to reinforce project management to deliver on expansion plans.
Wal-Mart Stores Inc. (WMT) named its top China executive to head its Asian operations amid store closures and sluggish sales in the region that have hampered the retailer’s attempts to counter slowing growth in the U.S.
U.S. retailer Wal-Mart Stores Inc (WMT.N) has appointed a new chief executive for the China region, where the world's largest retailer is battling stiff competition from local rivals.
On 27th February, Lidl reached the milestone of 10 million fans on Facebook as verified in the study "Lidl Now #1 European Food Retailer on Facebook" recently published by the social media monitoring agency Socialbakers.
Consumer goods maker Unilever reported higher first-quarter underlying sales on Thursday, despite a later Easter holiday that pushed some food sales into the second quarter.
Russian food retailer Dixy Group said on Wednesday its sales rose 19 percent in March, year-on-year, after a 16.5-percent increase in the previous month.
OAO Magnit, one of the world’s most-profitable retailers, reported the first quarterly margin decline in a year as the Russian grocer used price cuts to gain shoppers in new regions including Moscow.
Associated British Foods Plc (ABF) said its Primark budget fashion chain will open its first stores in the US, driving growth at the unit that will help the company post similar annual earnings to 2013.
A relentless focus on everyday low prices helped Wal-Mart Stores Inc. (WMT) become the world’s largest retailer. The strategy hasn’t been working in Brazil.
The CEO of Lidl's parent company the Schwarz Group has revealed the German discount supermarket chain's expansion into the US market will not come until 2018.
The KUTERRA farm, the first land-based commercial Atlantic salmon farm in North America, marks Earth Day by bringing to market Canada's first Atlantic salmon raised on land.
American retailer The Kroger Co. is promoting a video series on how the company sources sustainable seafood, to coincide with Earth Day in the United States.
