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Russian food retail full of promise

Alongside the growing wealth of the average CEE consumer, the region's food retail sector is growing at an unprecedented rate, a recently published report finds. Fuelling that growth is the...

Cencosud pulls out of Disco takeover

Cencosud, the Chilean supermarket group, has ended its exclusive talks with Dutch retailer Ahold over the acquisition of the latter's Argentinian unit, Disco, after failing to reach an agreement.

Carrefour revamps Asia IT systems

Carrefour, the biggest European retail group and the world's second largest supermarket operator, is to begin a major overhaul of its supply chain IT systems with its Asian operations.

Beyond Safeway: the changing face of British retail

Nearly a year after it was first announced, the takeover of Safeway is now in its final phase following yesterday’s £3 billion updated offer for the chain by Morrisons. But...

Morrisons sweetens Safeway offer

The long-running saga of the takeover of British supermarket chain Safeway appears to have entered its final phase today with the announcement by rival Morrisons of a £3 billion offer...

CEE food retail flourishes

The economic transformation of Russia and the CEE region is still being led by the retail sector, according to a market report. For the food retail sector, growth has been...

Flexible pricing strategy keeps shoppers happy

An Every Day Low Pricing (EDLP) strategy is more popular with shoppers than one driven purely by promotions, according to a recent survey in the UK. But a combination of...

Budgens owner expands UK foothold

With the Safeway takeover bid dominating the headlines for nearly a year, the rest of the UK retail sector has been somewhat overlooked. But there has been plenty of activity...

Asda bidding to scupper Safeway takeover?

Just when the dust appeared to have settled on the Safeway takeover affair, leaving Morrisons as apparently the sole bidder, a report in the UK press today suggests that Asda...

Countdown begins for Safeway bid

Morrisons, the Bradford-based supermarket group, must make a bid for the Safeway chain within 21 days after the UK government yesterday accepted definitive undertakings from rival chains not to bid...

Geest reorganises to aid Asda focus

The relationship between suppliers and retailers can frequently be a difficult one, with the supermarkets traditionally being cast as the villain, squeezing every penny of profit out of their put-upon...

Ahold LatAm sell off continues with Peru

If the market is still waiting to see who emerges as potential buyers for Ahold's Spanish operations, put up for sale earlier this year as part of a major restructuring...

Safeway bid before Christmas?

Morrisons could make a new bid for the Safeway supermarket chain before Christmas, beginning the final leg of a sale process which has lasted nearly a year.

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...

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