SUBSCRIBE

Breaking News on Food Marketing and Retailing

Headlines > Financial

Carrefour meets its targets in 2002

Carrefour, the French retail giant which is second only to Wal-Mart in the global market, this week said it had met its three 2002 targets...

Investment pays off for Mercadona

Spanish supermarket group Mercadona saw its sales grow by 28 per cent in 2002 to €5.8 billion, a rise which also helped the company improve...

Tesco mulling Ahold acquisition?

Tesco, the leading UK supermarket group, could make major inroads into the Continental European market with the acquisition of part of the Ahold empire, according...

Leahy defends supermarket role

At a time when the UK supermarket sector is under increased scrutiny because of the plethora of bids for the number four player Safeway, the...

Ahold facing lawsuit over accounting fiasco

Leading Dutch food retailer Ahold announced earlier this week that it had uncovered accounting irregularities relating to its US Foodservice unit which effectively meant that...

And then there were five…

The six-horse race to take over the UK supermarket chain Safeway has been reduced to five, with the announcement yesterday that the investment firm Kohlberg...

Colruyt to buy French wholesalers

Colruyt, the Belgian retail group, has signed an agreement with the French food distribution companies Jean Didier and Harrydis which will see the two groups...

CAP pressure on UK farmers

Reform of the Common Agricultural Policy is just one of a host of pressures for change on British farmers, the president of the UK National...

How sweet is your coffee?

The sweetening system used in hot tea and coffee can have an influence on the overall taste profile of the drink, according to new research....

Solid increase for Auchan subsidiary

Supermercados Sabeco, the Spanish supermarket unit of France's Auchan group, has reported a 6.8 per cent increase in sales for 2002 to €868.3 million, a...

Asda unveils innovative store revamp

Question: how do you increase the selling space in a store without extending the store itself? Answer: put in a mezzanine. That, at least, is...

OFT takes long hard look at supermarket code

The UK Office of Fair Trading (OFT) is to conduct a review of the Supermarkets Code of Practice, just a year after it came into...

El Arbol sells local stores

Earlier this week we reported on plans by Spanish retailer El Arbol to sell a number of stores as part of its recovery plan. Carrefour...

Good performance from Nordic retailers

Two of the Nordic region's leading food retailers last week announced solid increases in sales for 2002. Finland's Kesko Group said its sales had risen...

EP supports ban on konjac in jelly sweets

The European Parliament yesterday voted with an overwhelming majority for a permanent ban on the use of the food additive E425, otherwise known as konjac,...

Naturally Rhodia

Rhodia Food, a business within the Food and Consumer Products division of the French speciality chemicals company Rhodia, has launched five new IC-Naturatex systems, containing...

Court backs Casino in Cora case

French supermarket group Casino has won its long-standing court case against compatriot Cora relating to the latter's decision to withdraw from the Opera central purchasing...

Supermarkets increase share of Spanish food sales

Spanish supermarkets accounted for 62 per cent of all the packaged food sales in that country in 2002, with revenues reaching €12,3 billion, according to...

El Arbol confident of bright new future

El Arbol, the Spanish supermarket group sold recently by Netherlands-based company Laurus, is forecasting operating profits of around €5.2 million for 2003, a major improvement...

Honesty the best policy on food labelling

Food manufacturers in the UK were criticised again this week over misleading food labels when the findings of a new report suggested that labels "are...

Hyparlo quits Italy to focus on France

Hyparlo, the French retail group which is one of the main franchise holders for Carrefour, has announced that it is to sell its operations in...

Organic food, asking the consumer

As Europe debates the anticipated changes to the Common Agricultural Policy (CAP), the European Commission suggested its commitment to organic farming with the announcement that...

Casino, Galeries Lafayette extend Monoprix agreement

Casino, the French food retailer, has revised and extended its agreement with the Galeries Lafayette department store group concerning the city centre supermarket chain, Monoprix....

French store sales rise in January

Sales at French hypermarkets and supermarkets increased in January, according to the latest data from the FCD, the French retail association. Hypermarket sales were up...

Colruyt confirms Laurus acquisition

Laurus, the Dutch retail group in which France's Casino group has a substantial stake, has continued to sell off its non-core operations in a bid...