The National Association of Supermarkets and Department Stores (ANTAD) announced that their partners' equal sales- sales in stores with more than a year of operation- fell 3.2 % in September.
French retail giant Auchan is understood to be anticipating a doubling of sales in Romania between 2012 and 2015 following the opening of its first rebranded Real store.
Wal-Mart's push for a foothold in east Africa hit a hurdle after Kenyan retailer Naivas said it was no longer selling a controlling stake to the U.S. company's South African subsidiary, Massmart.
Supervalu Inc's quarterly profit beat Wall Street estimates as the supermarket operator cut costs after selling a number of its underperforming chains earlier this year.
Wal-Mart Stores Inc. plans to open more small stores as it links them to its supercenters, which will serve as mini-warehouses for their smaller cousins.
Loblaw Companies, a Canada-based food retailer and owner of Joe Fresh brand, has announced that it will slash around 275 jobs as part of its restructuring program.
Wumart Stores Inc, a Chinese supermarket operator, announced on Tuesday that it is proposing to purchase outlets from retailer C.P. Lotus Corp through a share-swap deal valued at HK$2.89 billion ($372.7 million).
Quarterly sales at two of Europe's biggest retailers, Carrefour and Metro , showed turnaround efforts in their home markets starting to bear fruit and signs the region's long-suffering economy is at last on the mend.
Grupo Pão de Açúcar , Brazil's biggest retailer, beat analyst forecasts on Wednesday with a 70 percent jump in profit due to robust sales growth and streamlined operations.
Wal-Mart Stores here said Tuesday it expects net sales for the current fiscal year to fall within the range of $475 billion to $480 billion — an increase between 1.9% and 3%, compared with a 5% increase to $466.1 billion a year ago.
Tesco has today announced it will provide the equivalent of seven million meals a year to more than 1,000 charities across the UK by strengthening its partnership with food redistribution charity FareShare.
Unilever has been banned from running two Flora Pro-Active TV ads by the UK's Advertising Standards Authority [ASA], on the grounds that they make unjustified claims.
