Retail archive – Page 519
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ArticleWalmart sales defy credit crunch
Retailer’s Mexican division repors double-digit growth in the second quarter, while sales in the US continue to defy Wall Street estimates
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ArticleCredit crunch hits Marks & Spencer sales
Group chairman Sir Stuart Rose has announced that domestic sales dropped by 6.1 per cent during the quarter ended 27 September
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ArticleCredit crunch to hit Spanish food retailers
Despite an almost 6 per cent rise in sales during 2007, turnover this year is likely to be impacted by the economic downturn
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D&S to enter Peru in 2009
The group will join fellow Chilean retailers Falabella and Cencosud by starting up operations in the country
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ArticleMetro Group defies credit crunch
The German group has reported year-on-year sales growth of 7.1 per cent during the first nine months of the year
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ArticleWalmart defies credit crunch in Q3
The retail giant has reported improved year-on-year sales and earnings for the third quarter of 2008
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Discounters benefit from economic woes
Aldi and Lidl are benefiting from the current financial squeeze on households and are increasing their marketshare in the UK, reveals new figures
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ArticleSupervalu hit by economic slowdown
The third-largest US supermarket group has reported lower year-on-year profit during the second quarter
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Mexican retailers hit by economic woes
Retail sales are expected to drop in 2008 as consumers are forced to cut back on spending
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ArticleWalmart to ride out economic storm
Executives at the US retailer expect the group to increase sales through the next 12 months, and have revealed a cutback in capital spending
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ArticleBharti Walmart expansion ignores economic woes
Bharti Walmart is continuing apace with its wholesale plans in India, despite a slowing economy
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ArticleEx-Sainsbury's man issues call to arms
Former Sainsbury’s food director Ian Merton has called on growers and marketing companies to support supermarkets through the economic slowdown, insisting they are facing the same pressures as the rest of the supply chain.
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CRS 2009 to focus on credit crunch
The Convenience Retailing Show (CRS) is set to return in 2009 offering crafty tips to help beat the credit crunch.
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City workers get green fingered
A report in British newspaper The Daily Telegraph last weekend suggests that City workers are turning to gardening as a source of income as the economic downtown threatens their jobs.
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Carrefour adds organic chicory range
The French retail group has elected to add chicory to its Carrefour Agir Bio range, as it continues to support organic farming in France
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Analysts expect Colruyt profit rise
The discounter will post higher profit and sales results for the first half of the year
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ArticleKroger tightens fresh market grip
The US supermarket group has opened its largest Fresh Fare store as consumers focus increasingly on eating at home during the credit crunch
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Tesco to sell 'monster' vegetable box
The UK retailer is taking advantage of the recent change in EU marketing regulations
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ArticleAsda announces food inflation fall
Asda has offered a nugget of hope for UK families, reporting a sharp drop in food inflation that may help counter a £10 a week disposable income fall in the last year.