Jerónimo Martins informs that at the Extraordinary General Shareholders' Meeting held on December 18, 2013 the following proposals concerning the items on the Agenda were approved.
Spanish discount grocer Dia has revealed that talks regarding the purchase of supermarket chain El Árbol have ended with no agreement being reached, following reports that discussion of a deal was underway.
Spar further expanded its network of partners in the MENA region by signing a new Spar Licence Agreement for Oman with Khimji Ramdas on Monday December 16th in Muscat.
The latest grocery share figures from Kantar Worldpanel, published today for the 12 weeks ending 8 December 2013, show that, for the first time, over half the country shopped in either Aldi or Lidl during the past 12 weeks.
Britain's Tesco Plc is set to become the first foreign supermarket to venture into India's $500 billion retail sector after announcing on Tuesday it had applied to buy a 50 percent stake in Tata Group's Trent Hypermarket Ltd.
Brazil's biggest retailer, GPA , is gearing up for an aggressive price war in its food business, where it aims to maintain its operating profit margin by cutting expenses, according to a presentation to investors on Tuesday.
The Los Angeles-based cooperative reported gross billings of $3.743 billion and net sales of $3.692 billion, a decrease of 1.4% and 1.9% respectively compared to the prior fiscal year ended September 29, 2012.
A proposed $745 million tie-up between Wumart Stores and C.P. Lotus has fallen apart after the two sides failed to agree on final terms of the deal, both companies said Monday.
S. Korean retailers are competitively foraying overseas, seeking new sources for business growth to replace the much-saturated domestic market, but the latest industry data indicate they will have to wait before any meaningful profit.
has teamed up with online supermarket systems provider Myfoodlink to launch the first metropolitan FoodWorks online grocery store in the Melbourne suburb of East Ivanhoe.
Spanish discount grocer Dia is in preliminary talks to buy debt-burdened supermarket chain El Arbol, in a deal that would consolidate its position as Spain's third-largest retailer behind Mercadona and France-based Carrefour.
Carrefour is teaming up with investors to buy 127 shopping malls in which it runs stores, in a $2.8 billion deal that marks the French retailer's latest attempt to revive its struggling European hypermarkets.
Empire Co Ltd, owner of Canada's No. 2 grocer, reported an 84 percent jump in second-quarter earnings as cost controls helped to offset weaker margins.
Costco has revealed plans to scale down its new-store openings for the year, and said it continues to evaluate its fledgling online shopping offer, but has no major plans to expand the same.
Supermarket giant Coles has launched a new healthy eating campaign in conjunction with one of Australia’s best known marketers for fresh fruit and vegetables, Perfection Fresh.
