Ahold, the Amsterdam-based Dutch retailer, today announced that it has successfully completed its acquisition of SPAR's business in the Czech Republic.
For all of the impressive work experience on his resume, Brian Cornell’s most important attribute may be what he doesn’t have: a career at Target Corp.
Russia's biggest food retailer Magnit said on Friday its board had recommended paying a dividend of 78.3 roubles ($2.19) per share on first-half 2014 results.
Carrefour, the world's second-largest retailer which reported higher first-half profits on Thursday, said it will slow down investment in Argentina in response to the country's second debt default in 13 years.
Two of Europe's top retailers, France's Carrefour and Germany's Metro , are making progress in their quests to revive performance in their home markets, with Metro rewarding its chief executive with a contract extension.
The latest grocery share figures from Kantar Worldpanel, for the 12 weeks ending 20 July 2014, show familiar trends of market polarisation bringing new records for Aldi and Lidl.
Portuguese retailer Jeronimo Martins on Tuesday posted a slightly steeper-than-expected 8 percent drop in second-quarter net profit due to tough price competition in its key market Poland.
Plans to impose a tax on supermarkets in England - in an effort to boost smaller community enterprises - are likely to be dismissed by decision makers in London, who fear any such taxation could increase food prices for the shopper.
Poundstretcher, one of the UK's largest discount chains, has announced that it is cutting prices across the board in order to compete with the big supermarkets, as well as rival discounters such as Aldi and Lidl.
Greencore announces its Q3 results tomorrow (July 29th), and Davy Stockbrokers has said that it expects the convenience food giant to post "sustained revenue progress" for the period.
Spain's discount supermarket group Dia squeezed costs in its second quarter to cope with aggressive price-cutting and low inflation in its home market and neighbouring Portugal, which together generate two-thirds of sales.
British supermarket chain Tesco should put innovation – in the form of data – back at the centre of its business, a leading FMCG marketing expert has told ESM.
Unilever reported second-quarter revenue growth that missed estimates as Asian emerging markets continued to slow and the struggling food business posted another sluggish result.
