Sobeys has told suppliers of food and other merchandise they will have to shave their prices by 1 per cent, retroactive to Nov. 3 – a move that observers say could prompt rival grocers to follow suit.
Ljajić said in an interview for Tanjug that it is certain that Lidl will buy lots for its facilities in at least 15 cities and municipalities in Serbia by June.
Key regional UK supermarket chain, Booths has revealed like-for-like sales up 6% in the three key festive trading weeks from 15th December to 4th January.
Leading U.S. supermarket chain Walmart will close around 25 stores in China in 2014 and open many others in the years to come as it attempts to adapt to the changing desires of Chinese consumers.
A senior government official in Poland has called for a boycott of the British supermarket chain Tesco amid a war of words between David Cameron and the Polish prime minister Donald Tusk over immigration.
Waitrose has seen its most successful Christmas on record with total branch sales (excluding fuel) for the twelve trading days ending December 31st up 6.5% on last year and 4.1% on a like for like basis.
Tesco, the world's third biggest retailer, posted another heavy drop in underlying sales in its main British market in the Christmas trading period, adding to pressure on management to end a run of poor results.
Marks & Spencer helped Britain's FTSE 100 trade with small gains on Thursday as a positive performance at its foods business lifted the stock, bucking a string of gloomy Christmas updates in the retail sector.
Australian supermarket group Coles has announced 100 per cent of its Coles Brand fresh chicken will be RSPCA Approved, in a move it hopes will please its customers.
British grocer J Sainsbury eked out a tiny rise in underlying sales in its Christmas quarter, with its rate of growth slowing significantly in a tough overall market.
Supermarket giants Tesco and Sainsbury’s will kick off the retail sector’s festive trading updates this week amid concerns of a tough Christmas for the “big four” grocery chains.
Health-conscious customers hoping to start a new eating regime in the post-Christmas period will be have the choice of a new "Tesco Healthy Living" own brand range.