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Nestle CFO Martello said food giant was "upbeat"Quote, unquote: just-food's week in words

24 March 2014

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.

RUSSIA: Ukranian Roshen factory seized by police "without notice"

21 March 2014

Ukranian confectionery firm Roshen's chocolate factory in Lypetsk, Russia has been seized by police.

RUSSIA: X5 Retail Group "exits Ukraine"

20 March 2014

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.

RUSSIA: Metro Group puts cash-and-carry IPO on hold

19 March 2014

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.

GERMANY: Metro shares slide on earnings miss

11 February 2014

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.

BELARUS: Auchan plays down market entry talk

28 January 2014

French retailer Auchan has sought to play down speculation it is to open its first hypermarket in Belarus in 2015.

POLAND: Auchan ordered to sell batch of Polish real stores

22 January 2014

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.

RUSSIA: Metro to list Russian cash-and-carry stake

20 January 2014

Metro Group has announced plans to float part of its Russian cash-and-carry business in London.

TURKEY: Talks continue as Metro quashes Real deal rumours

14 January 2014

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.

GERMANY: Metro Group hails "solid" Q1 despite sales slide

13 January 2014

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: Metro forecasts FY profit jump

12 December 2013

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).

RUSSIA: Metro mulling "partial IPO" of Russian B2B unit

20 November 2013

Metro Group is considering various options to raise funding for its Russian cash-and-carry unit, including a "partial IPO".

RUSSIA: Auchan outlines expansion plans for 2014

19 November 2013

Auchan has outlined plans to open ten to 14 stores in Russia in 2014 across its three different formats.

GERMANY: Metro "confident" despite YTD sales decline

17 October 2013

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.

ROMANIA: Auchan looks to "double" Romania sales

17 October 2013

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: Booker sees H1 earnings jump

17 October 2013

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.

FMCG in Russia: Domestic, international grocers battle it out in Russia

30 September 2013

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.

UK: Booker sees sales boost from Makro acquisition

19 September 2013

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.

Best bits: Delhaize CEO appointment, Smithfield takeover in spotlight

9 September 2013

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.

Editor's choice: the highlights on just-food last week

9 September 2013

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.

Talking shop: Delhaize CEO appointment brings uncertainty

4 September 2013

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.

BELGIUM: Delhaize names former Metro exec Muller CEO

4 September 2013

Belgian retailer Delhaize Group has appointed former Metro Cash & Carry chief Frans Muller to the post of CEO.

TURKEY: Metro silent over Real sale talks with Begendik

2 September 2013

Metro Group has remained tight-lipped over reports it has held discussions to sell its Real operations in Turkey to local retailer Begendik.

GERMANY: Metro Group moves to H1 profit

1 August 2013

German retail giant Metro Group has moved to a net profit in the first half of the year.

UK: Booker reports "good" Q1 sales

10 July 2013

Booker CEO Charles Wilson said the UK wholesale and c-store retailer had made "good progress" in its first quarter.

CHINA: Metro eyes further China growth

29 May 2013

German retail giant Metro Group has said it will continue to invest in China this year.

UK: FY sales, profits up at retailer Booker

23 May 2013

UK wholesale and c-store retailer Booker today (23 May) reported higher annual sales and profits.

GERMANY: Metro appoints restructuring head for Egypt, Kazakhstan ops

15 May 2013

Metro Group has appointed a director of restructuring for its Egypt and Kazakhstan operations, countries the German retail group is reported to be looking to exit.

GERMANY: Q1 losses narrow at Metro Group

2 May 2013

German retail giant Metro Group's first-quarter losses narrowed thanks to an improved performance at its domestic supermarket and consumer electronic stores.

The week ahead - US retail conference; Kellogg, Kraft Q1s

29 April 2013

Wal-Mart, Kroger and Supervalu are among the US retailers presenting at a Barclays sector conference next week. The first-quarter results will continue to roll in, with Kellogg, Kraft Foods Group and Canadian retailer Loblaw part of a group of companies to publish numbers.

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