Despite the lingering market pessimism which may last through 2013 and bring even greater challenges to LED lighting companies, the anticipation of a growing market share for LED lighting gives reason for optimism. Bridgelux The market ...
Tags: LED lighting, optimism, Bridgelux, Everlight
Looking behind the headlines is just-food's signature dish and this year we looked at the major stories in-depth, including the possible suitors for United Biscuits' salty snacks business; the work ahead for China's Bright Food after it ...
Tags: Agriculture Food, Just Food, Bright Food, Kraft Foods
Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
Major retail hypermarket chain REAL, part of Metro Group, worked with IBM to launch a new electronic coupon system throughout its 320 German stores. This first-of-a-kind digital coupon system, developed with IBM Research scientists, ...
Carrefour announces the signing of an agreement with the Chilean group Cencosud for the sale of its operations in Colombia for an enterprise value of € 2.0 billion. This transaction is in line with Carrefour's new strategy of focusing ...
Tags: Colombia, Cencosud, leading position
Russian grocery retailer Magnit has booked a 142% jump in first-half profit, driven partly by higher sales. Magnit said today (24 July) its net profit for the six months to the end of June rose to US$339.6m. Sales increased by 33%, ...
Tags: grocery retailer, Magnit, first-half profit, higher sales, net profit
Russian retailer X5 Retail Group's bottom line improved in the third quarter year-on-year - but its sales slid and operating profit fell. X5 booked a net profit of US$12.1m for the three months to the end of September, compared to a ...
Tags: X5 Retail, sales, operating profit, bottom line
Russian grocery retailer Magnit has booked a 142% jump in first-half profit, driven partly by higher sales. Magnit said today (24 July) its net profit for the six months to the end of June rose to US$339.6m. Sales increased by 33%, ...
Tags: Magnit, grocery, profit, company news, sales
Pan-Asian retailer Dairy Farm International Holdings has posted a rise in half-year profits, boosted by recent acquisitions and new store openings. Profit attributable to shareholders increased 8% to US$245m for the first six months of ...
Tags: Profits, Dairy Farm, International Holdings
Pan-Asian retailer Dairy Farm International Holdings has said it is trading ahead of last year, with growth recorded across the majority of its business. The company said sales and earnings increased in the period from 1 July to 6 ...
Tags: Dairy Farm, food trading, food industry, company news
Turkish retailer Migros Ticaret has booked an increase in first-half profits after "strong" same-store sales. In the six months to the end of June, EBITDA totalled TRY196m (US$107.1m), a 10% increase on the prior-year period. Gross profit ...
The week's two major stories broke within hours of each other on Wednesday - Tesco admitted it was "likely" to leave the US and Germany's Intersnack snapped up United Biscuits' salty snacks business. Elsewhere, ex-Tesco CEO Terry Leahy led ...
Tags: salty snacks, Intersnack, Hula Hoops, McCoy's, Skips, dairy, pork sector
French retail giant Carrefour has sold its Malaysian operations to Japanese giant Aeon. The sale, announced today (31 October), was made for an enterprise value of EUR250m (US$324.1m). The transaction, Carrefour said, is part of its ...
Tags: Carrefour, retail giant, Aeon, transaction
Carrefour today (30 August) reported a fall in half-year profits but shares in the French retail giant rose as analysts had expected a steeper decline. The French retail giant booked recurring operating income of EUR769m (US$965.3m), down ...
Tags: Carrefour, retail giant, operating income, profit drop
Carrefour today (11 October) claimed its domestic business is improving after reporting an increase in third-quarter French revenues, although underlying sales were down. Sales in France "showed an improvement", the retailer said, ...