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Tesco launches 'pound zones' in bid to compete with budget supermarkets

admin1 weeks ago (05-23)33
The nation’s biggest retailer has begun opening heavily-promoted 'pound shop' areas within its store…

Carrefour In Advanced Talks With Bharti To Form Indian JV

admin1 weeks ago (05-23)26
Carrefour In Advanced Talks With Bharti To Form Indian JV
Bharti Group, the owner of India's largest mobile operator by revenue and subscribers, is reportedly…

Metro AG Adds India Outlets As Country Targeted To Grow

admin1 weeks ago (05-23)28
Metro AG Adds India Outlets As Country Targeted To Grow
Metro AG will run 50 wholesale markets in India by 2020 as the German retailer makes the world’s sec…

Kesko to launch new food products in Finland

admin1 weeks ago (05-23)26
Finland-based retailer Kesko will unveil its new own-brand food products range, K-Menu, in April. T…

Rewe Extend CEO Caparros' Contract To End Of 2018

admin1 weeks ago (05-23)43
Germany's second largest retailer, the Rewe Group, has this morning announced that CEO Alain Caparro…

Wal-Mart Names China CEO To Head Asia As Regional Sales Slow

admin1 weeks ago (05-23)33
Wal-Mart Names China CEO To Head Asia As Regional Sales Slow
Wal-Mart Stores Inc. (WMT) named its top China executive to head its Asian operations amid store clo…

Delhaize To Open Nine New-Look Stores In Its Domestic Market

admin1 weeks ago (05-23)30
Delhaize To Open Nine New-Look Stores In Its Domestic Market
Belgium supermarket retailer Delhaize Group has announced it is opening nine new-look stores in its…

German retailer Metro cuts outlook for Media-Saturn

admin1 weeks ago (05-23)25
German retailer Metro AG cut its outlook for its consumer electronics division on Thursday after a d…

UK Supermarkets draw battle lines to ward off the German invasion

admin1 weeks ago (05-23)26
UK Supermarkets draw battle lines to ward off the German invasion
A price war has started between Britain’s leading supermarkets as they battle to see who can knock t…

German Acquisition Leads To Record Profits For Migros

admin1 weeks ago (05-23)25
Switzerland's largest retailer, Migros, posted a net profit of 771 million francs for the recent fin…