Belgian food retailer and foodservice group Colruyt has announced its new CFO will be Marc Hofman, the current CEO of fellow Belgian food firm Ter Beke. Hofman will take up the role on 1 April, Colruyt said yesterday (7 January). He ...
Tags: food retailer, foodservice group, Colruyt, CFO, Marc Hofman, Ter Beke
Morrisons today (7 January) hinted that an announcement regarding its long-awaited launch into online retail could be nearing. The supermarket operator, which earlier this morning booked a 2.5% drop in like-for-like sales in the quarter ...
Tags: Morrisons, announcement, online retail, supermarket operator
The owners of Slovenian food retailer Mercator, including shareholder Pivovarna Lasko, have re-started an attempt to sell their joint 53.2% stake in the company. Investors in Mercator have been looking to offload shares in the retailer ...
Tags: Agriculture Food, Stake Sale, Mercator
UK-based frozen food retailer Iceland is recalling chicken biryani as some of the products have been incorrectly filled with prawn curry due to a packaging error, according to the Food Standards Agency (FSA). The affected product contains ...
Tags: frozen food, recalling, chicken biryani, packaging error, prawn curry, FSA
Bauer Performance Sports Ltd. announced the Board of Directors has unanimously appointed Bernard McDonell as Chairman, effective immediately. McDonell replaces W. Graeme Roustan, who resigned his position as Chairman, citing increased ...
Tags: Bauer Performance Sports Ltd, Bernard McDonell, lacrosse equipment
Magasins de jouets sans frontières? Do you remember the TV game show It’s A Knockout or the Peter Gabriel song Jeux Sans Frontières? Now it’s toy shops’ turn to expand beyond traditional frontiers. ...
Tags: jon salisbury, Toys, toy shop, dream toy
UK online food retailer Ocado has reported a slowdown in sales growth in the third quarter. The retailer today (20 September) reported a 9.9% increase in gross sales for the quarter to GBP162.6m (US$263.2m). However, this marks a ...
Tags: Ocado, online food retailer, slowdown, sales growth, Q3
Slovenian food retailer Mercator revealed yesterday (13 November) that it generated a loss in the first nine months of the year despite flat sales. Mercator booked a loss of EUR22m (US$27.96m) in the first nine months, down from a net ...
Tags: Mercator, flat sales, loss, company news
Expansion into Russia has hit profits from Finland-based retailer Kesko's food division in the first half of the year. Kesko, which is looking to open its first food stores in Russia, said operating profit excluding non-recurring items ...
Tags: Kesko, food division, food retailer, food industry
US food retailer Roundy's Inc has cut its full-year profits guidance after seeing weak consumer confidence lead to worse-than-expected sales in its fiscal first-half. For the 26 weeks to the end of June,Roundy's net sales rose by ...
Tags: Roundy's Inc, full-year profits, weak consumer confidence
UK retailer The Co-operative Group has added to its food management team with the appointment of executives from Tesco and Asda. Matt Hood will join the Co-op next month as head of commercial trading for dairy, chilled prepared foods and ...
Peter Marks, chief executive of UK retailer The Co-operative Group, is to retire next year, the company announced today (7 August). Marks plans to leave in May after six years as chief of The Co-op. He joined the UK's fifth-largest food ...
Tags: Retire, UK retailer, food retailer
Ahold today (4 September) admitted it is weighing up the options for its stake in ICA, the Sweden-based retailer. The Dutch retail giant owns 60% of ICA, which has stores in Sweden, Norway and the Baltic states. Ahold said it wanted to ...
Tags: Ahold, food retailer, food, food industry
Walmart, a leading food retailer in the US, has suspended a seafood supplier after an advocacy group for foreign workers released a report revealing poor working conditions at the site. According to the advocacy group, the National ...
Tags: Walmart, seafood supply, suspend, working condition
UK frozen food retailer Iceland Foods has reported a 14% increase in full-year profits as it reported a solid increase in sales despite fierce competition. Iceland booked net profit before tax of GBP147.5m (US$229.8m) for the 53 weeks to ...
Tags: UK, frozen food, Iceland Foods