Tesco has held preliminary discussions with BC Partners about a merger of the two parties' Turkish supermarket assets, in a move that would reduce Tesco's exposure in Turkey.
Wal-Mart Stores Inc, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China.
Asda, the UK's second largest supermarket chain, saw comparable store sales fall 0.1% in the 13 weeks to January 3, leaving overall full-year sales 0.5% higher.
Thailand's top retailer Central Group said on Tuesday it plans to invest at least 44 billion baht ($1.36 billion) in 2014, mainly to open new stores at home and expand in Malaysia, Vietnam and Indonesia.
The German grocery market, long dominated by discounters such as Aldi ALDIEI.UL and Lidl, is undergoing a makeover as shoppers demand more upmarket products.
ITM, the privately-owned French retail symbol which operates the Intermaché and Netto grocery chains, generated turnover (excluding petrol) of €22.3 billion during 2013.
According to weekend reports, British hard discounter Poundland is expected to formally announce its intention to float on the London stock market this week.
Georges Plassat, chairman and CEO of Carrefour is coming to India to take stock of the company's performance after it entered the country four years ago.
Russia's No. 2 food retailer, X5 Retail Group, forecast on Friday that sales growth would accelerate in 2014, driven by new store openings and higher like-for-like sales.
Four big European supermarket chains, with a combined turnover of about 88 billion euros ($120 billion), have set up a strategic alliance to coordinate purchasing as they seek to drive down prices in a cut-throat retail climate.
