Retail archive – Page 485
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Carrefour makes Iran move
The French retail chain has just opened its first store in Iran, despite strained relations between the two countries
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Morrisons enjoys profits boost
UK supermarket operator Morrisons has experience a surge in sales and profits, which it says is down to a strong focus on value
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August boom for Russia's Magnit
The retailer has continued its fine first-half form by posting higher net revenues during August
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Morrisons records profit boost
Morrisons has recorded a 45 per cent rise in half-year pre-tax profits and a further improvement in like-for-like sales.
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Lianhua to buy Hualian Supermarkets
China’s Lianhua Supermarkets will buy rival Hualian Supermarkets following a boardroom vote
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Ahold nominates new board member
Lodewijk Hijmans van den Bergh is set to replace Peter Wakkie at the Dutch retailer on 1 December 2009
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BRC dampens recovery hope
The British Retail Consortium (BRC) has declared hopes of a recovery in the retail market “premature”, with lower food price inflation undermining improved sales in previously months.
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Supermarkets defend UK plum approach
UK supermarkets are defending their stance in the wake of criticism of UK plum pricing.
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Own-brand boom continues
Shoppers are opting for supermarket own-brand products in their droves, according to new research.
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Inquiry into Norwegian supermarkets
Norwegian supermarket chains face an inquiry into their margins, as food prices in the country remain high and producers struggle
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New supermarket chain launches
A brand-new supermarket chain is due to open its first store in Warrington next month.
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Authorities discussing French crisis
As France’s fruit and vegetables sector continues to suffer its worst crisis for many years, proposals are currently being thrashed out to try to tackle the problem
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Delhaize completes German sale
The retailer has offloaded its four German stores to Rewe for an undisclosed fee
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Auchan reports on profit drop
The French retailer saw first-half net profit fall, while revenues remained flat
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Carrefour prepares promotional push
Despite disappointing results, Carrefour intends to launch a big marketing campaign to mark its 50th anniversary
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Metro to acquire Les Supermarchés
The deal, which is expected to go through by the end of the month, is designed to strengthen Metro’s presence in eastern Quebec
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Seven & I cuts profit outlook
Japan's largest retailer said that full-year profit will be hit by weaker consumer spending and a cooler summer
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Net income tumbles at Carrefour
The group said it was hit by non-recurring charges during the first half of the year, while sales in key European markets fell
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3663 opens huge Kent depot
3663 First for Foodservice has merged its Kent operations to create a new £17.6 million super-depot at Paddock Wood to incorporate new technology and environmental gains.
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Casino announces flat H1 results
Operating profit and EBITDA both declined during the first half of the year, the French retailer revealed