Retail archive – Page 513
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Sweetbay plans store closures
Delhaize's US banner will shut outlets and relocate many of the 700 employees affected
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Q4 revenue jumps 41 per cent for X5
New store openings and the purchase of Carousel helped the Russian group enjoy a good fourth quarter of 2008
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Edeka to create 8,000 jobs in 2009
The German discounter is set to defy the slowing economy with further expansion this year
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Not so Sweet for M&S in China
The UK-based retailer has parted company with China MD Richard Sweet as part of a reduction in head office staff
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Holiday price rises in South Korea
Apple and onion prices have risen in South Korea in the run-up to the Chinese New Year, despite government efforts
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New Chinese stores for Carrefour
Carrefour is planning further expansion in China, despite the lacklustre sales results announced last week
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Co-op takeover on course
The Co-operative Group is on track to sell the 133 stores the Office of Fair Trading (OFT) requires it to following its acquisition of Somerfield, with 90 already sold.
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Retail prices set for fall
Falling oil and raw material prices as well as pressure from discounters will lead to a significant easing in grocery prices throughout Europe in 2009.
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Kroger reveals US$75m investment
The US-based group will undergo an expansion project in Indiana that will create 250 new jobs
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2008 exceeds expectations for Migros
The Swiss-based retail group has reported strong preliminary net sales for the full-year period
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Q4 sales up 12.9 per cent at Ahold
Solid sales in the Netherlands and the US helped push net sales up to €6.6bn during the fourth quarter
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Report: Fresh produce demand set to grow
A new study has predicted that demand for fruit and vegetables will increase in the long term
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Waitrose expansion creates 2,500 jobs
Waitrose has hit the ground running in 2009 creating more than 2,500 jobs this year in a new expansion project.
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Malaysian retail market set to grow
Malaysia’s food and beverage market is expected to grow strongly in the next few years, according to the USDA
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Slow sales growth for Carrefour
Carrefour has posted a 2008 Q4 profit rise of just 0.7 per cent, and predicts more of the same
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Taste of the Mediterranean at Sainsbury's
The Greenery's new tomato variety will be available at the UK retailer until April
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Asian retail markets to ride out crisis
A new report has predicted retailers from developing countries will weather the economic crisis well
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Casino delivers "satisfactory" Q4
The French group saw growth of 3.9 per cent in the fourth quarter of 2008, with full year sales up 14.9 per cent
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Sainsbury's exec becomes IGD president
Justin King, chief executive, Sainsbury’s, has become the president of the international food and grocery expert IGD with Charles Wilson, chief executive of Booker Group plc set to become vice-president.
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US expansion for Aldi
The discount retailer is aiming to expand its presence across the country, to meet increasing customer demand