PriceSmart's profits for the first quarter of 2014 climbed to US$21.432 million, the company said in a statement to the US Securities and Exchange Com

In recent years the duel between German discounters and supermarkets to attract customers has had no clear winner.

US retailer Walmart has announced that it is to cut staff numbers by 2,300. The news underlines the performance of the US retail industry in recent ti

The UK wheat harvest this year was even smaller than had been thought, falling below 12m tonnes for the first time in 12 years, officials said, highli

Russia, one of the biggest importers of Norwegian fish, partially banned imports starting from Wednesday.

American Business magnate and investor, Warren Buffett, sold around 115 million of his shares in Tesco over the past 12 months.

First it was ractopamine residues, lately it’s refrigerators that have Russia balking at allowing US pork imports from two subsidiaries of Smithfield

China’s fisheries output rose 15 percent last year in terms of value while rising 4.5 percent in volume terms, according to the agricultural ministry

For the past several months, Venezuela has experienced a fall in wheat flour production that reached critical levels over the holidays.

Morrisons is reported to be considering selling off up to 10% of its properties to appease shareholders after bad tidings over Christmas trading.