Carrefour Marinopoulos is reportedly set to enter the wholesale market in an effort to enhance its position at a time when households are suffering from inflation. Carrefour has given this project the name   read more...

Wal-Mart is bidding against Carrefour, Finnish retailing giant Kesko, and Croatia's Agrokor Group, to buy Lenta, a privately held Russia-based chain of hypermarkets, in a deal that could cost around US$2   read more...

Kaufland in Bulgaria is further expanding its logistics site in Rakovski near Plovdiv. The hypermarket operator will invest BGN50 million (USD39.7 million) this year in an additional building close to the existing   read more...

X5 Retail Group has reviewed its initial approach towards rebranding of the acquired Karusel stores. It analysed brand awareness and customer loyalty to the Karusel brand and has decided to retain the   read more...

Idea, a subsidiary of the Croatian food concern Agrokor, is likely to receive a loan of EUR70 million (USD109 million) from EBRD. The total value of the project is EUR120 million (USD187 million). EBRD   read more...

In the first half year of 2008, Migros increased its deliveries via train by 6%, thereby reducing deliveries by road. Transport via train from non-food and near-food distribution centre Neuendorf (SO) has   read more...

Dutch dairy company Friesland_Foods said that net profit for the first half of the year dropped by 63% due to the rising cost of raw materials and falling dairy prices. Net profit dropped to EUR29m (US$43m)   read more...

US retail giant Wal-Mart has raised its full year earnings outlook after witnessing a surge in first half net sales. During the first six months of the fiscal, Wal-Mart saw sales rise a total of 10.3% to US$177.4bn   read more...

Retail giant Wal-Mart has announced plans to invest up to US$130m in its Argentina operations, with the opening of 12 to 15 new stores in the country during 2009.Wal-Mart anticipates that the new   read more...

The American food group Heinz announced Friday the completion of the acquisition of French manufacturer of table sauces, BÉNÉDICTA, for an undisclosed amount. On July 2nd, the company across the   read more...

Ketchup maker HJ Heinz has unveiled its new 'High Performance Plan' which aims to drive sales growth of 6% per annum during the next two years. Speaking at today's (13 August) AGM, Heinz chairman,   read more...

Cereal giant Kellogg has made a number of executive promotions within its global team.Brad Davidson, currently senior vice president of Kellogg Company and president of Kellogg US Snacks and Canada,   read more...

Ahold-owned Stop & Shop in the US has announced that they plan to stop selling some species of fish that are currently threatened by overfishing. Species of fish to be pulled from the retailer’s shelves   read more...

Pringles is launching a new bagged snack range in a bid to tap into the growing premium crisp market.Pringles Select are "smaller and rounder", the company said today (11 August) and are bagged in 150g   read more...

As revealed by Planet Retail, in the UK, Schwarz Group-owned discount operator Lidl is trialling a convenience-oriented discount store under a new banner name, Lidl Express. Covering an area   read more...

As reported in the Indonesian press, approximately 100 vendors were protesting against the opening of a Carrefour store in Jakarta's Blok M shopping area at the beginning of August. The vendors trade   read more...

Carrefour has announced that it is no longer the target of demonstrations in China where it plans to open 20 to 25 hypermarkets annually over the next few years. Last April, the retailer had been the target   read more...

According to local press reports, Carrefour is to open a hypermarket close to Tehran's Azadi sports stadium. The Carrefour hypermarket will be at the centre of a building also housing furniture and clothing   read more...

Tesco in the UK has announced plans to reduce the number of plastic bags handed out at its stores. The move will see single use plastic bags removed from view at Tesco’s larger Extra stores, with customers   read more...

Tesco introduced a new brand of Fresh n Lo semi-skimmed milk in a bid to help consumers on a "tight budget". Two litres of Fresh n Lo will cost GBP1.06 (US$2.03). The retail giant claims   read more...

At the opening of its seventh store in Point Loma, San Diego County, Tesco-owned Fresh & Easy yesterday announced plans to open a further five stores in the county. Fresh & Easy CEO Tim Mason said:   read more...

According to The Guardian, Tesco in the UK is coming under pressure after reports that consumers were finding it difficult to buy home grown produce at its online store. Tesco is now the only major retailer   read more...

Tesco has announced that it intends to develop a wholesale cash-and-carry business in India, with an initial investment of up to GBP60 million (USD118 million) in the first two years. The new wholesale   read more...