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Egypt named one of ‘10 emerging markets of the future’

By Richard Whitehead

An influential new report has identified Egypt as one of the “10 emerging markets of the future” though its food industry is predicted to see a dramatic change in fortunes as part of an overall predicted slump in its primary industries over the next five...

Ahold sales fall again

Ahold sales fall again

Ahold's management remains stoically bullish about the Dutch
retailer's chances of recovering from the double whammy of fraud
and poor performance, but the company's latest set of results show
that the journey is likely...

Growth slows at Casino

Growth slows at Casino

French retailer Casino saw a slight downturn in growth in the
second quarter of the year, impacted by fewer shopping days and the
cost of revamping its convenience business. But a solid performance
from the discount business in France...

Delhaize to quit Singapore?

Delhaize to quit Singapore?

Belgian retailer Delhaize is considering the sale of its stake in
Singapore's Stop N Save chain after receiving an offer from an
unnamed bidder. Could this be Delhaize's solution to the problem of
reducing its massive debt...

New store boost for Carrefour

New store boost for Carrefour

Carrefour, the world's number two retailer, has made no secret of
its ambitious expansion programme, and with new stores giving a
significant boost to third quarter sales, the company's strategy
cannot be faulted - especially...

Profit plunge for Lonza

Profit plunge for Lonza

Higher raw material and energy costs, matched against a weak US
currency, sent sales for Swiss fine chemicals producer down 3.7 per
cent with operating profit plunging by 16.5 per cent.

Ahold encouraged by sales rise

Ahold encouraged by sales rise

Last year was a difficult one for Dutch retail group Ahold, at the
profit level at least, but the final sales figures for 2002 were
nonetheless encouraging. But with organic growth rates slowing
considerably compared to 2001, there...

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