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Ahold chief's bonus package revealed

Shareholders in Ahold , the troubled Dutch retailer, will tomorrow have the chance to debate the proposed bonus package of the company's new CEO Anders Moberg - a package which almost...

FoE tackles retailers over fruit supplies

Friends of the Earth (FoE), the perennial thorn in the side of the leading British supermarket groups, has criticised the two biggest retailers, Tesco and Asda, over their fruit supply...

Safeway holds its own in uncertain times

In what is likely to be one of its last set of results before it becomes part of Morrisons, British supermarket group Safeway has highlighted...

New CEO as Sainsbury continues to underperform

Sainsbury , the UK supermarket group, has appointed Justin King - a former Marks & Spencer executive - as its new chief executive, replacing Sir Peter...

Ahold sell off continues with Argentina

Ahold , the troubled Dutch retailer, is to sell its Argentinian unit Disco to Cencosud, the company which recently bought Ahold's Chilean arm, Santa Isabel. The...

Ahold sells Polish stores

Dutch retailer Ahold last week sold two of its Polish hypermarkets to Carrefour - the latest move by the struggling group to refocus on growth...

Delhaize sells off Singapore interest

Belgian retailer Delhaize today confirmed that it has reached a binding agreement to sell its 49 per cent shareholding in the Singapore food retailer, Shop...

Black, the natural way

Facing up to the current challenging economic climate Danish ingredients company Chr Hansen last month lifted previous profit forecasts for the year on the back...

Asda sales continue to boost Wal-Mart

Wal-Mart has announced a significant jump in sales for the third quarter driven largely by its European and South American operations. In the UK the...

A glimpse of the FiE

The German town of Frankfurt will look on as 12 000 food and drink industry professionals hit the exhibition centre to eat up the latest...

Somerfield sales up

Kwik Save continues to weigh down the performance of UK retailer Somerfield, but second quarter and half yearly results reveal that the margins are closing....

Olive oil rules!

Measures to support the sustainable development of Europe's olive oil crops find their roots in reform to the EU's Common Agricultural Policy (CAP) cleared in...

Hungary gets hypermarket investment

In a transaction that aims to provide Hungarian shoppers with a wider variety and cheaper prices, the European Bank for Reconstruction and Development and Raiffeisen...

Moves to end 'discriminatory' HFCS tax

A protracted trade dispute over high fructose corn syrup and sugar between Mexico and the US could have cleared an impasse. In a speech to...

Tesco acquires Turkish chain

Tesco has announced that it has gained control of Kipa, a small Turkish hypermarket chain by acquiring the necessary majorities of the unlisted public shares...

Tesco Czech expansion hit by debt ruling

Tesco, the British retail group, has said it will appeal against a decision by a court in Prague which could seriously hamper its development there....

Spanish sell-off at heart of Ahold recovery plan

Nearly a year after Dutch retail group Ahold confirmed an accounting fraud at a number of its operating units, the company's new chief executive has...

Braille new world for Spanish shoppers

Spanish supermarket group Alcampo is to introduce labels in Braille on 60 of its own label products, the first retail group in Spain to cater...

Austrian zone continues non-GM quest

The regional parliament of Upper Austria announced on 4 November that it is to appeal against the European Commission's decision not to allow the region...

Sales growth leaves Delhaize confident

Belgian retail group Delhaize has raised its growth forecasts for fiscal 2003 after an excellent third quarter performance hampered only by adverse currency exchange rates....

BFG confirms burgeoning recovery

After years of dwindling market share, an often less-than-focused business strategy and a succession of profit warnings, the restructuring measures implemented in March last year...

Kerry, organic growth pivotal to success

Leading Irish food ingredients company Kerry brushed off currency fluctuations and testing market conditions to post a stable set of figures for the first six...

Good first half for Marks & Spencer

First half sales at UK retail group Marks & Spencer were 4.3 per cent ahead of the previous year at £3.3 billion, helped by gains...

Food driving Spanish retail growth

Retail sales in Spain grew by 6.6 per cent in September compared to the same month a year earlier, driven primarily by food sales, which...

Metro sees Chinese growth - report

With Ukraine and India under its belt this year, German retail and wholesale giant Metro is turning to China as its next main market for...

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