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Carrefour's Spanish performance bodes well for French revival

Carrefour is Europe's largest food retailer and the world's second largest after Wal-Mart, with operations across the globe. But the one blot on its otherwise impressive copybook in recent years...

Spar denies Netto sale

Management at Spar, the Germany-based, French-owned retail group, has reacted angrily to reports in the press last week that it was considering selling off its discount chain Netto - and...

Discount chain is latest Spar disposal

Spar, the German retail group, is being forced to take drastic measures to haul itself out of the red. With operating losses of €65 million in the first half of...

No more than 10 fraudsters at Ahold

Ahold , the Dutch retail group, yesterday admitted for the first time that the 'accounting irregularities' announced earlier this year had in fact constituted fraud, and that it believed that no...

Spanish pricing debate reaches Parliament

Rodrigo Rato, Spain's finance minister, has added his voice to the debate over food prices which has pitched retailers against suppliers. He said that Spain's various regional governments should do...

Ahold losses deepen in year-to-date

The chances of Anders Moberg, the new chief executive of Ahold, achieving the bonus targets announced yesterday look increasingly unlikely as the Dutch supermarket group today announced a further slide...

More strong growth from Tesco

Britain's biggest supermarket group Tesco has today reported third quarter sales growth of 17.5 per cent, figures which beat all analysts' forecasts and showed once again the ever widening gulf...

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...

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