German retail giant Metro Group has sold its Real grocery chain in eastern Europe to French retailer Auchan for EUR1.1bn (US$1.4bn). The transaction, announced today (30 November), comprises Real's operational activities in Poland, ...
Tags: Auchan, Metro Group, chain in eastern Europe
Russian retailer Dixy has booked an increase in nine-month sales, boosted by its acquisition of rival Victoria. Group sales in the January to September period climbed 56.2% to RUR106.74bn (US$3.41bn), while like-for-like sales grew 5.35%. ...
Tags: retailer Dixy, Dixy, sales, hypermarket
X5 Retail Group has booked a 20.6% decline in first-half profits, with declining sales and margins hitting the bottom line and currency exchange dampening comparisons. The company said today (21 August) net profit slipped to US$135.2m in ...
Tags: retailer, net sale, report, X5 Retail Group
UK dairy farmers this week gathered at a summit in London to air their views on recent cuts in prices to liquid milk and the implications of the cuts. In the US, PepsiCo and Müller made the much-anticipated launch of their yoghurt ...
Tags: dairy, liquid milk, yoghurt, PepsiCo, dairy farmers