Published: Apr 27, 2013

North America-based food and drug retailer Safeway reported a 63% surge in profits for the first quarter ended 23 March 2013, aided by a tax benefit.

Published: Apr 26, 2013 By: News Editor

Finnish retailer Kesko reported a 17 percent fall in adjusted quarterly profit as cost cuts failed to make up for a slowdown in consumer spending.Kesko said first-quarter operating profit fell to 18.6

Published: Apr 26, 2013 By: News Editor

Retail sales in the UK dropped to its lowest level since August 2012 in April 2013, according to data from the Distributive Trades Survey by the Confederation of British Industry (CBI)The survey, whic

Published: Apr 26, 2013 By: News Editor

US-based grocery chain SuperValu has posted a 2.3% decline in net sales to $3.89bn in the fourth quarter ended 21 March 2013, compared to $3.98bn in the same quarter of last year.Retail food net sales

Published: Apr 26, 2013 By: News Editor

German retail major Metro Group has reported total sales of 2.51bn for the second quarter ended 6 March 2013, representing a 2.6% drop over 2012 figures.The decrease is primarily from the shift in the

Published: Apr 26, 2013 By: News Editor

CP All, formerly known as CP Seven Eleven and the local operator of 7-Eleven convenience stores in Thailand, has agreed to buy Siam Makro (Makro) for $6.6bn.Siam Makro opeartes membership based cash a

Published: Apr 25, 2013

Metro and other Canadian supermarket chains face stern competition from Target Corp, the U.S. discount retailer, which opened its first three Canadian stores last month and plans to have more than 100 by the end of this year.

Published: Apr 25, 2013 By: Andrei Khalip

Portuguese retailer Jeronimo Martins on Wednesday posted a 10 percent rise in first-quarter net profit, in line with expectations, led by a 22 percent increase in sales in its key market Poland.

Published: Apr 25, 2013 By: Jessica Wohl

Supermarket operator Supervalu Inc (SVU.N), trying to slim down its business, on Wednesday reported a wider quarterly loss mainly on weak sales at its retail food segment.

Published: Apr 25, 2013 By: Sara Webb

Dutch meat producer VION plans to sell its ingredients division, which derives products such as gelatine from the main meat processing business in a fresh attempt to cut its debt, the company said in a statement on Wednesday.

Published: Apr 25, 2013

Swedish private equity firm Altor said on Wednesday it had agreed to sell its stake in Danish food services firm Euro Cater to a group of reinvesting employees that have partnered with investment firm Intermediate Capital Group PLC.

Published: Apr 24, 2013

Tesco Ireland looks set to buy into business model changes as its parent company sees its first profit drop in 20 years.

Published: Apr 24, 2013

Supermarket giant Tesco will this week set out plans to retreat from its ill-fated foray into the United States as it ­prepares to book a £1 billion write-down on the value of its American business.

Published: Apr 24, 2013

Vegetable buyers from the large supermarket and retail chains are being urged to ensure a regular supply by purchasing from Westcountry farmers.

Published: Apr 24, 2013 By: Garima Goel

Chemicals maker DuPont forecast further strong growth in demand for its seeds and pesticides after it more than doubled quarterly profit, reinforcing a push into food and agriculture that has eased its dependence on paint pigments.

Published: Apr 24, 2013

Russia's Magnit reported a 28.4 percent rise in first-quarter net profit as it became the country's largest food retailer by sales.

Published: Apr 23, 2013

Private exporters reported to the U.S. Department of Agriculture export sales of 174,000 metric tons of soybeans for delivery to China during the 2013/2014 marketing year.

Published: Apr 23, 2013

The U.S. Department of Agriculture (USDA) today announced that it is accepting applications for 2014 funding for five export market development programs administered by the Foreign Agricultural Service (FAS).

Published: Apr 23, 2013

The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Published: Apr 23, 2013 By: Philip Blenkinsop and Mark Potter

Belgian grocer Delhaize posted a rise in operating profit for the first time in six quarters, raising hopes its cost cutting and investment drive are starting to boost both sales and margins.