Jan Fuchs has become the latest senior executive to leave Russian retailer X5 Retail Group. Fuchs, the head of X5's hypermarket operations, had "decided to leave the company", X5 said in a statement yesterday evening (28 August). The ...
Tags: Jan Fuchs, senior executive, X5 Retail Group
South African retailer Shoprite Holdings has booked an increase in full-year like-for-like sales. In the 12 months to the end of June, the group saw like-for-like sales climb 8.5%. Total turnover increased 14.4% to ZAR82.7bn (US$10.04bn). ...
Tags: Shoprite Holdings, South African, increase
Shares in Ocado surged this morning(19 November)as the UK online retailer said it had extended its debt facility and would raise GBP35.8m(US$57m)in a placing to fund expansion of the business. In an announcement today,the retailer said ...
Tags: Ocado, fund expansion, expenditure facility
South African supermarket operator Pick n Pay has booked an increase in first-half sales. In the six months to the end of August, group sales were up 5.9%, with like-for-like sales growth of 3.2%. The company said that although new ...
Tags: Pick n Pay, sales increase, first-half sales
Featured reports from the just-food research store include innovation trends in sauces, and functional food marketing in Asia Pacific. CONSUMERS Consumer and Innovation Trends in Sauces, Dressings, and Condiments Growth in home ...
Tags: sauces, functional food marketing, Asia Pacific, food industry
Finnish retailer S Group has booked higher half-year profits on the back of improved sales. S Group today (16 August) reported a 2.9% increase in first-half profit to EUR80.6m (US$99.6m). Retail sales were up 5.8% to EUR5.84bn. The ...
Tags: S Group, half year profits, sales, food company
US retailer Stater Bros. has reported a drop in third-quarter profits as an increase in costs offset higher sales. Stater Bros., which runs over 160 stores in California, booked net income of US$7.2m for the 13 weeks to 24 June. A year ...
Tags: Bros, third quarter profits, sales, food company
Sainsbury's this morning (14 November) reported an increase in half-year profits, a period in which the UK retailer said it had "outperformed" its competitors. Pre-tax profits were up 2.5% to GBP405m in the 28 weeks to 29 September. ...
Tags: Sainsbury's, half year profits, increase, food industry
The UK government has announced it is recommending a standardised, hybrid approach to front-of-pack (FOP) nutritional labelling. The labels outlined will incorporate a combination of guideline daily amounts (GDAs), colour coding and ...
Tags: FOP, nutritional labelling, GDAs, FDF
Online supermarket Ocado has extended its price offensive against Tesco with the nationwide roll out of its Low Price Promise campaign. The campaign, an extension of its existing 'Tesco Price Match' scheme, pledges to beat the price of ...
Tags: Ocado, Online supermarket, label products
Shares in Ocado surged this morning (19 November) as the UK online retailer said it had extended its debt facility and would raise GBP35.8m (US$57m) in a placing to fund expansion of the business. In an announcement today, the retailer ...
Tags: Ocado, online retailer, gross sales
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 ...
If you asked for three words to sum up Britain in the 21st century, a pessimist might come up with 'lonely', 'busy' and 'aging'. Government figures indicate the number of single-person households is increasing by more than 160,000 a year, ...
Tags: popular format, single-serve, snacking trend
Eight of the UK's major grocers have agreed to sign up to a set of "principles" on special offers and promotions on food and drink products. Tesco, Sainsbury's, Morrisons and The Co-operative Group are among retailers to have agreed to ...
Tags: grocers, food, drink products, Tesco, OFT
US firm Land O'Lakes has launched Saute Starter, a seasoned butter and olive oil product that can be used to both cook and flavour meats. The company said that the product is aimed at "moms with growing families", providing a quick and ...
Tags: Land O'Lakes, butter, olive oil product, food industry