Retail archive – Page 511
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Syria attracts UAE investors
As the Syrian government takes steps to open up its economy, UAE firms are looking to enter the country’s fledgling retail sector
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Dole completes flower business sale
Dole Food has sold most of its flower division and a number of banana properties in South America
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Charity speaks out on banana pricing
A development charity has slammed banana price-cutting tactics from Asda and Morrisons.
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Food holding its own, says CBI
Fresh produce continues to battle through as the recession broadens its bite across all sectors, with sales dropping and ‘weak’ prediction, according to the CBI.
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Waitrose tops Which? poll
Waitrose has come out as the favourite shop in Britain for the second year running in the Which? annual report.
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Auchan rebrands stores as Simply Market
France’s Auchan group is to convert all its stores in France, Spain, Poland and Italy to its new Simply Market discount format
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Lighter sentences in Ahold fraud appeal
The Amsterdam Appeals Court has handed down lighter sentences to three of the four executives found guilty of involvement in the company's 2003 accounting scandal
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Wallace joins forces with QV Foods
MasterChef presenter and judge, Gregg Wallace, has become the new face of QV Foods forthcoming range of Inspire pre-prepared, ready to cook vegetables.
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Carrefour gets foot in Indian door
Carrefour is in advanced talks with Future Group for an Indian supply-chain joint venture
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Asda to create 7,000 jobs in 2009
Wal-Mart subsidiary announces major recruitment programme to accompany new store openings and store extensions
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US retailers join forces with suppliers
The Food Marketing Institute and Grocery Manufacturers Association have signed a collaboration agreement to improve initiatives within the supply chain
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Metro posts record Q1 profit
Canada’s third-largest retailer Metro has bucked the trend during the economic downturn by recording a growth in both net earnings and sales during the first quarter of 2009
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Annual US retail sales to slide 0.5 per cent
Although the deep recession should give way to growth in the second half, the National Retail Federation predicts overall US retail sales will fall by 0.5 per cent in 2009
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Trader Joe’s recalls sliced apples
The supermarket operator has widened its peanut butter recall to sliced green apples with natural peanut butter as the salmonella scare continues in the US
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Food Lion axes 80 jobs
The Delhaize subsidiary has been forced to cut staff numbers at its flagship banner as well as its Harvey’s, Bottom Dollar and Bloom stores
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Delhaize trials discount format
Delhaize has launched Red Market, a new discount format for shoppers in its core Belgian market
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USDA makes COOL funding u-turn
The reversal of a decision to fund US country-of-origin-labeling initiatives with millions from the Specialty Crops Block Grant Program has been welcomed by industry leaders
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Retailers back waste reduction scheme
Top UK grocery retailers have committed themselves to reducing packaging and food wastage in fruit and vegetables
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Carrefour opens convenience store in Taiwan
The French retail giant has unveiled its first convenience store in Taiwan