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Headlines > Retail

Light at the end of the tunnel for Carrefour?

Carrefour posted its first quarterly sales increase in six quarters last week, despite a negative impact of 5.1 per cent related to exchange rates. Turnover...

Spar plunges deeper into the red

Restructuring costs at Spar, the German food retailer owned by France's Intermarché group, pushed the group further into the red in 2002. Net losses for...

CSM expands in UK

Dutch food group CSM has acquired UK-based Readi-bake from the US group Country Home Bakers for €28 million. With annual sales of approximately €22 million,...

Shoppers vote for Asda in Safeway takeover tussle

Four retail companies are currently fighting it out for the right to buy the Safeway supermarket group in the UK. According to a recent consumer...

'Satisfactory' Q1 for Big Food Group

The Big Food Group , which owns the Iceland and Booker food retail and wholesale chains, has reported 'satisfactory' results for the first quarter of 2003...

Safeway survives turbulent times

Safeway , the British food retailer, has spent the last six months in limbo while the regulators rule on which of five potential bidders will be...

Sustainability needs an ethical dimension

As European politicians make hesitant steps towards sustainable agriculture through reforms to the Common Agricultural Policy (CAP), scientists assert that the main focus of agricultural...

Ahold facing criminal charges

Ahold , the embattled Dutch retail chain, has said it will co-operate fully with the public prosecutor as it faces a criminal investigation in its home...

Thresher to sell food with booze

Thresher, the UK-based drinks retailer, is continuing its move upmarket with the acquisition of the gourmet meal business Leapingsalmon.com, which will allow it to sell...

Yoghurt industry body calls for changes

The US Food and Drug Administration announced that a petition has been filed by The National Yogurt Association (NYA) requesting that the agency revoke a...

Somerfield seeks to quicken pace of recovery

Somerfield , the UK supermarket group, is pleased with its recovery but wants to increase the pace of development for its new store formats to consolidate...

FoE turns its guns on Wal-Mart

Friends of the Earth (FoE), the UK-based lobby group, has been among the most vociferous critics of UK supermarket group Tesco as it extends its...

Further evidence of fraud at Ahold

Ahold , the Dutch retail group at the centre of a major accounting scandal, has completed its internal probe - and discovered yet more irregularities. The...

Understanding meat labels

Today marks the entry of strict EU rules on the labelling of meat-based products that aim to provide consumers with clearer information on the meat...

Colruyt beats profit forecasts

Belgian retail group Colruyt has reported profits up 22 per cent for 2002/03, well ahead of analysts expectations and despite continued troubles at its computer...

Eroski continues aggressive expansion

Basque retailer Eroski remains committed to expanding its business this year, despite the increasing levels of red tape which are slowing down new store development....

Diluted CAP gets the green light

The beginning of a new era? An historic moment? Or a plain old compromise? All have been used to describe yesterday's agreement by EU farm...

Regulators and market truth

Just two days after the UK Competition Commission announced that it was at the half way stage in its assessment of the various bids for...

Another Ahold executive resigns

The revelations of widespread accounting fraud at various subsidiaries of the Dutch retail group Ahold have not only done little to improve the company's standing,...

Telepizza quits restaurant business

Telepizza, the Spanish fast food pizza producer, has decided to play to its strengths and focus on its takeaway business, the company announced yesterday. The...

M&S first to use new eco packaging

Marks & Spencer is the first retailer in the UK and Ireland to use LeanCover by Ecolean for butter wraps. LeanCover is a new packaging...

Red hot alert

Emergency measures have been undertaken in the EU to stop the import into the EU of hot chilli products containing the known carcinogen Sudan red,...

WHO consults global food industry

Talks on solutions to combat the growing global incidence of chronic disease continued this week when officials from the World Health Organisation (WHO) met in...

Carrefour maintains European leadership

Carrefour has maintained its position as the leading grocer in Europe, with sales rising 4 per cent in 2002 to €58.7 billion, according to the...

Metro cans beer sales

Metro has become the latest German retail group to stop selling beer in non-recyclable containers after the government there introduced a new recycling law in...

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