Global retailers have continued to expand into emerging markets, in spite of the political and economic turbulence seen in many of these cou...
Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking...
Russia has been described as one of the most dynamically developing retail markets in the world. The advent of the recession, however, resulted in a slowdown in growth that Russia has not yet fully recovered from. While it is debatable whether Russia will fully re-establish the pace of growth it enjoyed before the credit crisis, the market is seen as an attractive one for FMCG companies.
The choice of Delhaize's new CEO failed to cheer the market last week as investors reacted coolly to the news. The potential takeover of Smithfield Foods, the world's largest pork processor, has also not won over all shareholders, with one claiming to have received rival interest.
Shares in Belgian retailer Delhaize Group slid in morning trade today (4 September) as investors responded to the appointment of former Metro Group executive Frans Muller as CEO. While Muller has extensive retail experience, he comes to Delhaize from Metro's cash and carry arm and, significantly, has no experience of operating in Delhaize's largest market, the US. Katy Askew reports.
The French retailer has become the latest multinational to enter India. We look at its new partnership with local player Max Hypermarket.
The rise of the discounters has been one of the year's key trends in grocery retailing. Shoppers, beset by concerns over the economy, have looked to the likes of Aldi and Lidl for greater value. In this month's just the answer interview, Daniel Lucht, senior analyst at retail watchers Verdict Research, tells Dean Best why the discounters should push on in 2009, despite growing competition on price from the likes of Tesco and Carrefour.
Vietnam, one of Asia’s fastest growing markets, has been dubbed ‘little India’ and ranked the world’s third most attractive market for international retailers this year. But this makes business in the WTO’s newest member sound all too easy, Uwe Hoelzer, managing director of Metro Cash & Carry Vietnam, tells Dominique Patton in an exclusive interview.
German food group Dr Oetker is locked in a dispute over price with local retailer Real, which has resulted in some of the manufacturer's products no longer being on sale.
The Consumer Analyst Group of Europe conference dominated news this week with updates from Kraft Foods Group, Glanbia and Nestle. Elsewhere GM was back in the spotlight with the UK Prime Minister's scientific advisers arguing the technology is safe. Also this week the political tensions in Russia and Ukraine saw Metro Group delay an IPO of its Russian cash-and-carry unit and Lidl announced the departure of chairman Karl-Heinz Holland.
Ukranian confectionery firm Roshen's chocolate factory in Lypetsk, Russia has been seized by police.
Russian retailer X5 Retail Group has reportedly sold its Ukraine stores to local rival Varus in a US$5-10m deal that sees the retail giant exit the country.
Metro Group has put plans for an IPO of its Russian Metro cash-and-carry unit on hold following the political crisis in the region.
German retailer Metro Group saw its share price slip in early trade today (11 February) after reporting a decline in first-quarter sales and operating earnings that missed market expectations.
French retailer Auchan has sought to play down speculation it is to open its first hypermarket in Belarus in 2015.
Poland's competition watchdog has ordered Auchan to sell a clutch of Real hypermarkets in the country as part of its approval for the French retail giant's acquisition of the business from Metro Group.
Metro Group has announced plans to float part of its Russian cash-and-carry business in London.
Metro Group has quashed reports it has agreed a deal to sell its Real hypermarkets in Turkey - but has admitted it is in talks with suitors over a possible sale.
German retailer Metro Group has said it is on track to meet expectations in 2014, despite booking lower first-quarter sales dented by currency exchange and "soft" Christmas trading.
Germany retail giant Metro Group has said it expects to report higher underlying profits in its new financial year, a forecast that sent its shares rising this morning (12 December).
Metro Group is considering various options to raise funding for its Russian cash-and-carry unit, including a "partial IPO".
Auchan has outlined plans to open ten to 14 stores in Russia in 2014 across its three different formats.
German retail giant Metro Group said it is "well-prepared" and "confident" for the Christmas trading period, despite booking a drop in year-to-date sales.
French retail giant Auchan is understood to be anticipating a doubling of sales in Romania between 2012 and 2015 following the opening of its first rebranded Real store.
UK wholesale and convenience retailer Booker Group has reported a jump in half-years profits thanks to higher sales and the benefit from synergies from its acquisition of Metro Group's local cash-and-carry chain.
UK wholesaler Booker Group has reported a jump in first-half sales, which were boosted by the contribution from Makro and like-for-like growth.
European retail giant Delhaize this week named its new CEO - ex-Metro executive Frans Muller - but his appointment, combined with the departure of its US boss, hit the company's shares. In the US, Mondelez International gave more detail on its plans to shake up its plant network and use fewer suppliers. And an investor in Smithfield Foods insisted it had received interest from rival suitors for the US pork giant that could be better value than the current agreed takeover bid from China's Shuanghui International.
Belgian retailer Delhaize Group has appointed former Metro Cash & Carry chief Frans Muller to the post of CEO.
Metro Group has remained tight-lipped over reports it has held discussions to sell its Real operations in Turkey to local retailer Begendik.
German retail giant Metro Group has moved to a net profit in the first half of the year.
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