Russia's third-largest food retailer Dixy Group reported on Wednesday a 21 percent year-on-year rise in July sales after a 24 percent increase in the previous month.
Russian food retailer X5 Retail Group said on Tuesday its second-quarter net income rose 7 percent, year-on-year, to $74 million, beating market expectations.
Target is devoting incremental shelf space and endcap displays to premium chocolates geared to members of Generation Y, as part of an exclusive distribution arrangement with Lindt.
Harmons’ dietitians have analyzed the retailer’s inventory to find the healthiest items. Starting today, these products will carry a Dietitian’s Choice shelf tag.
Tesco Plc and China Resources Enterprise Limited (CRE) have entered into a memorandum of understanding on their plan to combine their Chinese retail operations to form the leading multi-format retailer in China.
Russian food retailer Magnit said on Friday its sales rose by 29.7 percent in July, year-on-year, to stand at 49.2 billion roubles ($1.5 billion), after a rise of 30 percent in June.
After nine years in China, British supermarket firm Tesco (TSCO.L) is to fold its unprofitable operation into a state-run company as a minority partner, becoming the latest foreign retailer to give up on trying to crack China on its own.
Wal-Mart Stores Inc is planning to bid for Hong Kong-based supermarket chain ParknShop, which has been put on the block by its owner A S Watson & Co, a firm controlled by Asia's richest man Li Ka-shing.
Tesco is to unveil its revamped Watford 'shopping and leisure destination' on Monday 12 August, following a massive renovation effort of the 80,000 sq. ft Extra store.
Tesco is hoping the allure of casual dining, coffees and even yoga will help tempt Britons back to its retail park stores as part of a 1 billion pound ($1.55 billion) push to revitalise business.
Waitrose has replaced its long-term marketing agency, Kitcatt Nohr Digitas with AIS London, who will take over the retailer's customer relationship management account later this this year.
