Morrisons' head of tax and group treasurer Paul Coyle is under investigation by the UK's Financial Conduct Authority (FCA) in connection with alleged insider dealing before the Ocado tie-up.
The Chairman of the Basque cooperative group Mondragón, Txema Gisasola, has resigned citing "personal reasons" in the wake of the massive debt problems incurred by the group's supermarket chain Eroski.
Wal-Mart Stores Inc joined a program on Thursday promoted by workers' rights groups that aims to improve pay and working conditions for Florida farmworkers who pick tomatoes sold to grocery store and restaurant chains.
Switzerland's largest employer and supermarket chain, Migros, announced that net sales for 2013 rose by 6.9% thanks to organic growth and its 2012 acquisition of German retailer Tegut.
esmmagazine.com publishes a weekly stats review entitled 'The Week In Numbers', which to reflect the latest achievements of those involved in the European supermarket and retail industries.
The U.S. Federal Trade Commission has approved the $2.5 billion purchase of regional grocer Harris Teeter Supermarkets Inc by Kroger Co , deciding the transaction does not violate anti-trust law, the companies said on Friday.
Sales at UK online supermarket Ocado in the six weeks to 5 January grew 21.3% to £111.1 million, which the company says reflected extra capacity and strong trading in the run up to Christmas.
Carrefour said sales in austerity-hit Spain returned to growth in the fourth quarter for the first time since 2008, while French hypermarkets further improved though at a slower pace than the previous quarter.
Dutch grocer Ahold reported a steeper-than-expected decline in fourth-quarter sales, as the U.S. food market contracted and customers in the Netherlands spent less per visit to its shops.
Despite tough economic conditions, revenues for the world’s 250 largest retailers reached $4.3 trillion in the last fiscal year (June 2012 through June 2013).
Jeronimo Martins, the owner of the biggest retail chains in Poland and Portugal, has reported a sales increase for its financial year, helped once again by the performance of the Biedronka discount chain.
Lidl is removing all sweets, chocolates and crisps from checkouts at its 600 UK stores in favor of healthier alternatives in what is being seen as a move against obesity.
J Sainsbury was the only grocer among Britain's "big four" to hold onto its market share in the Christmas trading period, resisting pressure from discounters and upmarket rivals, industry data showed on Tuesday.
The number of Sainsbury’s Local convenience stores will this week overtake the number of supermarkets run by the company, reflecting the changing habits of consumers in the UK.
Wal-Mart's finance chief for the international division, Cathy Smith, will leave at the end of this month to take a "leadership position" at an unidentified company.
German retailer Metro Group has reported a sales drop of over 3% after being damaged by weak trading over the Christmas, as well as currency fluctuations.
