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Headlines > Retail

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...

Food retailers embrace the electronic age

Companies across the food retailing sector are making good progress with their use of new technologies and demonstrating the importance of IT within their operations,...

Good start for Carrefour

Leading French food retailer Carrefour has reported an excellent start to 2003 with first quarter sales up 6 per cent on a constant basis to...

Undersupplies continue in Italian organic market

High volumes of organic meat imports are coming into the Italian market as domestic supplies continue to fall short of demand, according to a new...

Expansion paying off for Eroski

Spanish retail group Eroski has reported an 11 per cent increase in profits for 2002 to €89.4 million, driven by the expansion of both its...

EU twelve face court action over GM crops

Twelve out of the 15 European Union Member States could soon face court action should they continue to ignore EU legislation on genetically modified crops....

Supermarkets slammed for playing on health fears

Health conscious consumers are being misled by supermarkets capitalising on increasing interest in 'healthy' eating options, according to a British consumer association. The Consumers' Association...

Food sales boost M&S results

Sales at Marks & Spencer, the UK food and clothing retailer, increased by 2.4 per cent in the three months to 29 March 2003, helped...

Tesco goes from strength to strength

Tesco has tightened its grip on the leadership of the UK food retail market, announcing full year figures for 2002 which will, ironically, do little...

Embattled Ahold forced to sell South American business

How the mighty are fallen. When Dutch food retailer Ahold announced last autumn that it had dropped into the red for the first time in...

BRC warns about milking retail sector

The British Retail Consortium has warned the UK Treasury that the upcoming Budget must avoid overtaxing the retail sector - one of the few drivers...

Tesco expansion boosts Thai market growth

New research from retail analysts M+M Planet Retail reveals that, contrary to popular expectation, international retailers are not precipitating the closure of Thailand's small retail...

Food groups react angrily to Ahold link

Reports in last week's Wall Street Journal linking the troubled Ahold company US Foodservice with two of the biggest food companies in North America have...

Carrefour banner boosts Hyparlo results

The continued strength of the Carrefour fascia helped boost sales at Hyparlo, one of the main franchise operators of the French retail group, in 2002....

Sainsbury's on track to deliver cost savings

Sainsbury's, the UK's number two food retailer, has reported preliminary figures for the fourth quarter and full year 2002 which show that the company's programme...

Solid gains for Guyenne & Gascogne

French retail group Guyenne & Gascogne has reported a 4.7 per cent increase in sales for 2002 to €1.2 billion, pushing up operating profits by...

Kraft powder up for sale?

US food company Kraft Foods has put its powdered soft drink concentrate plant in Hyderabad, India up for sale, reports the Indian paper Financial Express....

Tesco rapped for organic advertising

Retailers in the UK are increasing their organic food offering all the time, especially as consumers become increasingly concerned about the safety of much of...

Metro bucks the trend with sales rise

German retail group Metro has reported a 4 per cent increase in sales for 2002 to €51.5 billion as it restructuring and expansion programme continued...

Hope for CAP

Decoupling would secure significant income gains for EU farmers, writes the European Commission this week. The comment on the link between production and subsidy -...

Metro launches new image campaign

Metro, the German group which is the world's fifth largest retailer, yesterday launched a new campaign designed to "sharpen the profile" of the company. The...

Light at the end of the tunnel for Jeronimo Martins

After a difficult few years involving the wholesale restructuring of the business, Portuguese supermarket retailer Jeronimo Martins appears to be on the road to recovery....

Safeway: four from five referred to Competition Commission

Four of the five bidders for the UK's fourth largest supermarket group have had their offers referred to the Competition Commission, it was revealed yesterday,...

Migros to add more brands

Migros, the Swiss co-operative retailer, has announced that it is to extend the range of branded food and non-food products it sells to include some...

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