Retail archive – Page 518
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Tesco drops £1.9m libel suit
A Thai business journalist sued for £1.9 million of libel damages by Tesco Lotus has reached an agreement with the supermarket chain to end the suit, according to The Guardian newspaper.
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ArticleMorrisons unveils sales leap
Third-quarter sales at Morrisons rose by an impressive 8.1 per cent, the chain has revealed, thanks to its efforts to keep costs down for shoppers.
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ArticleTesco masterclass raises spud awareness
Tesco ran a potato masterclass hosted by Michelin Star-rated chefs for its staff last month, to raise awareness of the diversity of potatoes.
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Better outlook for Del Monte
Del Monte Foods Co shares rose nearly 18 per cent on a better 2009 income forecast than expected by analysts
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Waitrose presses forward with new plans
Waitrose is going ahead with its expansion plans despite the economic downturn, which has hit its market share hard.
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Colruyt's profit up 7.7 per cent
The Belgian discounter has announced that profit increased during the first half of the 2008/09 financial year
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ArticleKarsten Farms handed Tesco award
The South Africa-based grower has been named as Tesco's Southern Hemisphere grower of the year
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Article10-year high for Brazil's retail revenue
Increased investment, higher incomes and price adjustments have contributed to the jump
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ArticleDomestic sales slow at Tesco
The UK retailer has seen domestic sales growth slow to its lowest point since 1994 as customers turn to cheaper brands
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Chile’s D&S to enter Peru
Chilean supermarket operator D&S says it plans to make its Peruvian debut next year, with three new stores in Lima
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Wal-Mart Canada offers non-stop Xmas shopping
Many of Wal-Mart Canada stores are to open their doors around the clock in the run-up to Christmas, in a bid to beat the credit crunch
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Third quarter loss for X5
The Russian retailer has reported that results have been affected by exchange rate losses during the period
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Tesco to unveil sharp slowdown in growth this week
Tesco is due to unveil a sharp slowdown in third quarter like-for-like sales growth this week.
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ArticleInnovation with a human face
While the fresh produce supply chain has enjoyed improvements, innovation is rarely found in supermarkets' fruit and vegetable aisles
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Supermarkets to slash bag use
Four of the UK’s largest supermarkets are aiming to halve the estimated 13 billion free plastic bags given out each year by next April, according to BBC News.
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Seeds of change for premium suppliers
Consumers are increasingly turning to their own gardens as the global economic climate continues to slow
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ArticleSilver in some dark clouds
As consumers and businesses alike tighten their purse strings, some companies are ideally placed to benefit from the current economic climate
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Aeon considers European-style discounts
Japanese supermarket chain Aeon is looking to Europe for business models using cut-price own-brand goods
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X5 sales beat financial slowdown
The Russian food retailer reported an increase in like-for-like sales during the third quarter of the year