Wal-Mart has announced a significant jump in sales for the third
quarter driven largely by its European and South American
operations. In the UK the group's Asda division has continued its
success with strong store sales growth...
Carrefour is reported to have pulled out of the race to buy Ahold's
supermarket assets in Brazil, leaving Wal-Mart of the US and local
market leader CBD as the sole bidders. Carrefour will focus on
organic growth in the Brazilian...
The two franchise operators for the Carrefour retail group had
differing performances in the first half. Guyenne & Gascogne
showed solid growth during the six months, while Hyparlo's sales
suffered as a result of the disposal...
Not content with criticising UK market leader Tesco at every turn,
Friends of the Earth is now gunning for world number one Wal-Mart,
accusing it of exploiting planning loopholes to extend floorspace
at 40 Asda stores. But Asda has...
The uncertainty over the future of the Safeway supermarket chain -
the focus of an intense bidding war by all its main UK rivals - has
taken its toll on results at the company, which is now cutting back
on its store refit programme.
Store refits, expansions and openings at a cost of £360 million
were revealed yesterday by UK food retailer Asda. Included in the
revamp are the introduction of three new mezzanine floors in
exisiting Asda stores.
Britain's top two food retailers, Tesco and Sainsbury, are at the
centre of a row over customer loyalty, with Tesco accusing its
rival of trying to lure away customers by offering them money-off