Dutch retailer and wholesaler Sligro Food Group has reported a fall in sales growth during the first quarter of the fiscal year as growing price competition looks to have taken its tole.
Spanish supermarket chain DIA has announced that it is to offer hundreds of staff the chance to buy into a longterm share incentive plan over the next two years.
Russia's biggest food retailer Magnit may increase its dividend payout in the second half of the year, Chief Executive Officer Sergei Galitsky said on Tuesday.
Britain's biggest retailer Tesco has launched another round of price cuts on basic food products and reduced online shopping charges as it attempts to stem a loss of market share to discounters Aldi and Lidl.
Saudi Arabia's Savola Group posted a 43 percent rise in first-quarter profit on Sunday, beating analysts' estimates as the food producer expanded its market share in the retail sector, revenue rose and financial charges fell.
Russian food retailer Lenta , fresh from a nearly $1-billion share sale, reported on Thursday a 37.3-percent rise in first-quarter sales from a year ago.
Canadian grocer Metro Inc (MRU.TO) posted a higher-than-expected quarterly profit as a reorganization of its Ontario operations boosted sales and the company raised its dividend.
Despite remaining the most popular supermarket chain in Ireland, Tesco's market share has taken a considerable hit over the past 12 weeks, falling from 27.5% to 26%.
Although the discounter has enjoyed a heavy presence throughout most of Europe's key market's for a number of years, including mainland Spain, Aldi has only just recently received approval to construct its very first store in Majorca.
Some of the biggest investors in British supermarket chain Morrisons have reportedly issued stern warnings to the company's senior management on foot of lowered profit forecasts which were announced last month.
Spanish retail group El Corte Ingles has revealed a 4% rise in annual profits from their supermarket brands, spurred by the policy over the past number of years to cut prices on thousands of FMCG products.
Lidl Spain’s turnover reached €2.5 billion in 2013, up 4% year-on-year, on the back of its push for fresh products, the expansion of product range and higher presence of local products, reported Spanish media.
