Morrisons has launched an efficiency drive which will see the retailer removing a layer of management from its organizational structure, according to reports.
A bankruptcy judge gave Belle Foods, the Birmingham-based grocery chain, permission to sell as many as 44 of its 57 stores operating under the banners of Bruno’s, Food World and Belle Foods, early Wednesday.
Japan's Aeon Co Ltd and State-owned China Resources Enterprise Ltd are among the suitors considering bids for the Hong Kong supermarket business being sold by billionaire Li Ka-shing, according to Reuters' sources.
The Food and Drug Administration released two proposed rules as part of the Food Safety Modernization Act that deal with food imported into the United States.
Weis Markets here on Friday said it increased net earnings by 4.2% in the fiscal second quarter, but sales were down as the company cycled grand openings in the year-ago period.
Transformation is on track for Unilever P.L.C., which maintained growth momentum during the second quarter, but a slowdown in emerging markets and soft results in ice cream and spreads continue to challenge the company.
Ahold's online consumer goods banner bol.com has launched a temporary virtual store at Rotterdam Centraal metro station in collaboration with Rotterdam's public transport company RET and Shop2Mobi.
Russia's third-largest food retailer Dixy Group (DIXY.MM) said on Wednesday its same-store sales growth slowed in the second quarter as competition increased.
Russian retailer Magnit said on Tuesday its second-quarter net profit jumped 45.5 percent, year-on-year, beating forecasts, as it continued to gain market share by opening new stores.
Loblaw last week opened the first location of its new Provigo Le Marché banner, a small-box format focused on local products, specialty items and fresh merchandising.
U.S. food distributors Spartan Stores Inc and Nash Finch Co said they will merge in an all-stock deal valued at $1.30 billion including debt to expand their geographic reach.
