British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday as a struggling general merchandise division dragged on growth in food sales.
Russian food retailer X5 beat profit forecasts on Tuesday as it presses on with cost cutting and streamlining after losing its market lead to closest competitor Magnit.
China's vegetable prices continued their downward spiral. By the end of Sunday trade, they had dropped 15 percent since April 23, official data showed.
Prices of dairy products such as Grade AA butter, cheddar cheese blocks and barrels, dry whey and nonfat dry milk were mixed in the U.S. Department of Agriculture’s May 15 National Dairy Products Sales Report.
Walmart has underperformed in first quarter of 2013, according to Stephen Springham, senior retail analyst at Planet Retail, a London, England-headquartered market research firm.
Published: May 17, 2013
By: Maria Kiselyova and Olga Sichkar
Russia's third-largest food retailer Dixy Group said on Thursday its revenue grew 24.8 percent in April, year-on-year, after a rise of 23.6 percent in March.
In an effort to channel funds into its struggling German home market, Metro Group is reportedly considering an exit from Egypt, Bulgaria, Kazakhstan and Japan, according to local reports.
The official wholesale price index for primary articles (base 2004-05 = 100) for the month of April 2013 rose by two per cent to 228.0 (provisional) from 223.6 (provisional) for the previous month.
Gains in the company’s egg and potato business helped offset softness in cheese and dairy, leading to a 52% increase in first-quarter earnings at Michael Foods, Inc.
U.S. taxpayers are footing the bill for overseas lobbying that promotes controversial biotech crops developed by U.S.-based Monsanto Co and other seed makers, a report issued on Tuesday said.
Major Australian supermarkets appear to be gradually moving towards new store formats that will offer additional services or attempt to create a more ‘market-style’ environment.
Australian supermarket Coles has announced that some popular Australian brands will among a list of 40 new products to be added to its ‘Down Down’ savings list.
Chinese controlled-New Zealand dairy company Synlait Milk Ltd is planning a public share offer to fund expansion and repay debt, the company said on Tuesday.
The owners of Slovenia's largest food retailer Mercator have received two bids for their majority stake in the company, the consortium of 12 local companies and banks that jointly control 53 percent said on Monday.
