Empire Company Limited and its wholly-owned subsidiary Sobeys Inc. today announced that Sobeys has completed its purchase of substantially all of the assets of Canada Safeway.
Harris Teeter Supermarkets on Thursday reported sales increases for the fourth quarter and fiscal year, but said costs associated with its pending merger with Kroger led to a decline in earnings.
Poundland, the biggest single price store chain in the UK, is set to launch an initial public offering on the London stock market next year, expected to value the company at between £700 million and £800 million.
Dutch retailer RFS Holland Holding, which owns the wehkamp.nl online store, is to build what it says will be the world's largest automated online distribution centre, able to deliver 80,000 packages a day.
Jeronimo Martins saw its third-quarter net profit drop by a surprise 3.8% to €115m, a result it blamed on a tough trading environment in the key market of Poland.
Metro Cash & Carry India, which opened its first store in Bangalore precisely a decade ago, will shortly launch its third store in the southern metro that would steer in its new indigenous store format.
Annual growth in British retail sales unexpectedly ground to a halt over the past month, hit by the first big fall in supermarket sales since February.
Supermarket J Sainsbury (SBRY.L) will take its spat over price comparisons with Tesco (TSCO.L) to Britain's high court, challenging a ruling by the advertising watchdog in favor of its rival.
Salvadoran supermarket chain, Super Selectos, is making a diagnosis of the entire supply of fruit and vegetables in order to identify opportunities for local farmers to supply the chain stores.
Fresh & Easy Neighborhood Market Inc., the U.S. supermarket chain owned by Tesco Plc (TSCO), won court approval of procedures for a Nov. 19 auction with the lead bid from an affiliate of billionaire Ron Burkle’s Yucaipa Cos.
