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Tesco playing with the big boys

Tesco is now one of the top ten food retailers in the world, ranked number eight according to sales last year, and has grown faster...

Delhaize pleased despite tough first quarter

A first quarter period marred by declining exchange rates and exceptional charges relating to US store closures has taken its toll on Belgian retail group...

Continued recovery will increase Somerfield interest

Somerfield , the UK food retailer, has reported a slight upturn in like-for-like sales in the year to March, another step on the road to recovery...

Ahold accounting scandal worse than expected

Ahold , the troubled Dutch food retail group, has announced the results of an investigation of the accounts at its US Foodservice arm, and they do...

Safeway merger: supplier relations questioned

The UK Competition Commission has released an issues statement concerning its investigation into the proposed acquisition of the Safeway retail group. The Commission is currently...

Burning bridges...

Australian food ingredients company Burns Philp continued to slim down its newly acquired firm, Australian bakery giant Goodman Fielder, with the announcement on Tuesday that...

Introducing the non-drip lolly

The frustration of suffering the drip-drip effect of an ice lolly on a hot summer day may well be over as food ingredients giant Danisco...

First quarter confirms Jeronimo Martins recovery

After a turbulent few years and the wholesale sell off a number of businesses, Portugal's Jeronimo Martins retail group appears to be on the road...

Easter boost for French retailers

The Easter period - which this year fell in April - gave a major boost to sales at French supermarkets and hypermarkets, according to the...

The future of food retailing

Metro, the diversified German retail group, last week opened its first so-called Future Store near Duisburg, a move which it expects to be followed by...

Safeway rivals plead their causes

Four of the five potential bidders for UK supermarket chain Safeway have this week been presenting their cases to the Competition Commission. The heads of...

Metro gets off to a good start

Germany's retail group Metro has reported first quarter figures which show a clear improvement on the same period a year earlier, despite difficulties from exchange...

Ahold foreign sell off continues

Ahold, the troubled Dutch retailer which is facing a probe into accounting irregularities, has continued with the sale of its non-core foreign businesses. Early this...

Co-op sales boosted by ethical stance

At a period when trust in big business - especially in the food industry - is at an all-time low, companies which successfully promote themselves...

Somerfield rejects takeover offer

A proposed takeover bid for the UK retailer Somerfield was rejected yesterday by the company's board on the grounds that it undervalued the company. On...

Asda pledges support for British farmers

Asda, the UK's third largest food retail group, has unveiled a new programme designed to promote British food and drink products. The new Buy British...

Slight fall in sales for Casino

French retail group Casino has reported a slight decline in sales for the first quarter of 2003 to €5.3 billion, due mainly to a double...

Sales sweet for Corn Products

Sales for US food ingredients company Corn Products International were on target for the first quarter of 2003 ended 31 March 2003 with the company...

Local suppliers: meeting the challenge

UK retailer Marks & Spencer is looking to smaller, local producers for drinks that offer a point of difference from the range of beers available...

Mixed first quarter for Carrefour franchisees

The two leading franchise operators of Carrefour stores, Hyparlo and Guyenne & Gascogne, have reported contrasting first quarter sales. While G&G's turnover for the quarter...

Best-ever performance from Swiss Coop

Switzerland's Coop retail group posted its best ever financial results in 2002 - although the company as it is today was created only two years...

Safeway pays the price for uncertain future

The uncertainty over the future of the Safeway supermarket chain - the focus of an intense bidding war by all its main UK rivals -...

Somerfield next on the takeover list?

Safeway is not the only UK retail chain attracting interest from potential investors. Smaller rival Somerfield yesterday confirmed that it had received an approach from...

Metro restructures Extra unit

Metro, the German retail group, is to restructure its Extra Food Stores unit, decreasing the number of outlets and thereby increasing profitability across the business....

Migros shrugs off economic concerns with sales rise

Swiss co-operative group Migros has reported turnover in excess of SF20 billion (€13.4bn) for 2002, shrugging off poor economic conditions and lower sales from three...

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