News Wal-Mart has lowered its full-year earnings forecast reflects more than the drag of store closures as it adjusts its international port...
Shares in Unilever fell this morning (1 October) in reaction to the consumer goods giant issuing a sales warning for the third quarter - on...
Canada's second-largest grocer Sobeys has swooped to buy the local business of US supermarket giant Safeway. Sobeys has paid a full price for Safeway's Canadian arm but, writes Dean Best, the market was broadly positive and agreed with the company's optimism. For Safeway, however, the sale does leave some questions.
In part two of just-food's management briefing on the globalisation of food retail, Glynn Davis looks at three markets where the trend, in different ways, has taken hold - China, India and the US.
A&P's descent into Chapter 11 protection has taken few in the US retail sector by surprise but what does the future hold for the historic grocer? And which competitors could benefit?
With its all-new Carrefour Planet hypermarket chain and with a target of 18% sales growth in five years, the French retail giant is clearly reaching for the stars. But will the French retail giant succeed?
US cereal giant Kellogg has indicated that it will remain focused on innovation in the face of global recession, with product launches expected to drive continued growth in 2009 and beyond. One major launch scheduled for the first half of this year is Kellogg’s debut in the UK muesli segment, with the introduction of a new brand – Kellogg’s Nature’s Pleasure. Katy Humphries caught up with brand manager Helen Giddings to find out more about Kellogg’s ambitions for the category.
PepsiCo chairman and CEO Indra Nooyi and Brian Cornell, the chairman and CEO of retailer Target Corp., have announced they are to co-chair an initiative in the US aimed at achieving 50/50 gender parity.
The chief information officer of US retailer Target Corp., which suffered a security breach said to have affected 70m customers, has resigned.
A costly data breach hit profits at US retail giant Target Corporation in the fourth quarter but also impacted consumer confidence and traffic.
Wal-Mart, the world's largest retailer, caused a stir when it lowered its full-year forecasts this week due to pressure on US sales. Retail sales in the country have entered an upward trajectory and close competitor Target Corp has been hit by a data breach scandal - but Wal-Mart has apparently failed to capitalise. Likewise, Kellogg missed market expectations when it reported fourth-quarter numbers due to an accelerating decline in North American revenues. Here are the highlights from just-food this week.
US retailer Target Corp has become the latest retailer to cut jobs, with the announcement it is laying off around 475 employees globally.
Former Toys "R" Us chief executive Jerry Storch has become chairman of US grocery retailer Supervalu Inc.
Target Corp has warned of larger losses than expected in its fourth-quarter as it revealed a data breach in December may now have affected 70m customers.
US retailer Target has trimmed its full-year earnings forecast after revealing a drop in third-quarter profits and slower-than-expected sales growth.
PepsiCo has launched a chocolate-covered crisp in the US - a product it claims will give consumers "an enjoyable sweet and savoury snacking experience".
US retailer Target Corp. has booked lower half-year profits on the back the cost of entering Canada, while competition in that market has also affected margins.
Lindt & Sprungli is rolling out its premium Hello chocolate collection in the US.
US food group B&G Foods plans to accelerate the growth rate of its snack business through its acquisition of Pirate Brands.
Bear Naked, a US cereal brand owned by Kellogg, has launched granola lines sold in pouches for consumers to eat on the go.
The CEO of US frozen-food firm Overhill Farms has said the sale of the business to peer Bellisio Foods is the best way to maximise value for shareholders.
US frozen-food Bellisio Foods has struck a deal to buy Overhill Farms to boost its stable of branded and own-label items.
Campbell Soup Co. has expanded its range of Prego pasta sauces in the US with a new line.
US retailer Target Corp. is expanding its presence in Canada with the opening of 22 stores in the west of the country.
US retailer Target Corp. has booked an increase in full-year profit and forecast higher earnings for the current fiscal year.
US retailer Target Corp. has booked a jump in third-quarter profits, which benefited from higher sales and one-off gains.
US retailer Target Corp. lifted its full-year profit guidance today (15 August) on the back of strong second-quarter results.
US retailer Target Corp. has raised its full-year earnings guidance after booking an increase in first-quarter profits, boosted by "better-than-expected" sales.
US retailer Target Corp. is to remodel 90 stores in a bid to expand its fresh food offering.
US retailer Target Corp. has named Jeffrey Jones as chief marketing officer and executive vice president.
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