27 November 2013
Wal-Mart continues to put expansion in India on hold as, in the wake of bribery allegations, it seeks to ensure applications for new store locations meet local regulations.
27 November 2013
Asda has named former Tesco executive Alex Russo as it new CFO.
14 November 2013
Asda has claimed it will spend GBP1bn on lowering prices in a bid to "widen the gap" with its big three rivals, Tesco, Sainsbury's and Morrisons.
31 October 2013
India is a country of markets within markets, involving numerous languages, varying tastes and cultural preferences - posing challenges to nationwide advertising and marketing and hindering pan-Indian distribution. Such problems are hindering growth but, as Raghavendra Verma writes from New Delhi, there are solutions for FMCG companies.
24 October 2013
Wal-Mart Stores has outlined plans to open stores and distribution centres in China over the next three years - after saying last week some existing outlets in the country would close.
17 October 2013
Wal-Mart Stores outlined its strategy for the coming fiscal year at its annual investment community meeting yesterday (16 October). The world's largest retailer raised its capital expenditure forecast in the US while scaling back its international investment plans. Significantly, the company said it would close under performing stores in Brazil and China and reduce store openings in Mexico and India - possibly reflecting concerns over the growth outlook in emerging markets. Katy Askew reports.
16 October 2013
Increasing comparable store sales in the US, improving international returns and reducing expenses are the key strategic objectives for retail giant Wal-Mart Stores, investors have been told.
11 October 2013
They were partners but Wal-Mart Stores and Indian conglomerate Bharti Enterprises appear better able to take advantage of the potential opportunities in the country's high-growth food retail sector alone. Raghavendra Verma reports.
9 October 2013
Wal-Mart Stores is to buy out Indian venture partner Bharti Enterprises, ending the speculation over the future of the business.
8 October 2013
The remains "a lot of potential" in Brazil if retailers are willing to invest, according to the country's largest retailer, CBD.
1 October 2013
Shares in Unilever fell this morning (1 October) in reaction to the consumer goods giant issuing a sales warning for the third quarter - on the back of a slowdown in emerging markets. City analysts said it was a blow for Unilever. However, some were more concerned about the company's performance in developed markets - and insisted emerging markets, in the long term, still present potential for FMCG companies.
16 September 2013
Albertson's LLC has had a transformative year. The private-equity owned company is investing in trying to elevating its growth trajectory. A significant step in this direction was made when the group acquired the remaining Albertsons stores - and rights to the Albertsons name - from SuperValu, along with the Jewel-Osco, Acme, Shaw's and Star Market chains. Last week's acquisition of United Supermarkets builds on that foundation and comes as further evidence the firm, and its financial backers, are committed to driving growth through M&A. Katy Askew reports.
9 September 2013
Wal-Mart has insisted it is "optimistic" about growing its business in India amid speculation it is preparing to bring its wholesale partnership with Bharti Enterprises to an end.
30 August 2013
Brazil has become an exciting investment prospect for both domestic and foreign FMCG firms looking to offset weakness in other markets. Here we offer quotes from a number of firms commenting on Brazil in their recent second-quarter results.
22 August 2013
An increased contribution from less-profitable food sales and higher expenses hit Massmart's first-half earnings, although the South African retailer grew sales during the six-month period.
19 August 2013
The first-round bids have reportedly been made for Hong Kong supermarket chain ParknShop - with regional retailers and private-equity firms said to have tabled offers.
19 August 2013
Fonterra again dominated the headlines as it grappled with the fall-out of the botulism scare. Import bans mounted and a senior executive resigned. Elsewhere, Heinz announced its first cuts since the takeover of the business, Campbell Soup Co. announced talks to sell a clutch of European assets and US group Pinnacle Foods snapped up Unilever's Wish-Bone dressings business.
16 August 2013
Wal-Mart Stores said that US customers are responding positively to its focus on fresh food, particularly produce, as it looks to reverse weak domestic traffic trends and declining comparable store sales.
15 August 2013
Wal-Mart has booked an increase in first-half earnings but lowered its full-year sales and profit guidance on the back of a "challenging" operating environment.
15 August 2013
Asda saw its like-for-like sales growth slow in its second quarter in what the UK retailer said was a "tough" market.
9 August 2013
Dean Foods has said its efforts to reduce costs and drive efficiencies, along with new business wins, will enable the US dairy firm to further extend its "competitive advantage".
7 August 2013
US retail giant Wal-Mart has remained tight-lipped over reports it is considering placing a bid for one of Hong Kong's leading supermarket chains ParknShop.
12 July 2013
UK baker Walkers Shortbread generates over 40% of its sales outside its domestic market. The family-owned biscuit firm's largest export market is the US. Dean Best spoke to Steve Dawson, CEO of Walkers Shortbread's US arm, about the company's business across the Atlantic and plans for growth.
9 July 2013
Wal-Mart Stores has confirmed plans to expand its Sam's Club store network in China as it looks to "speed up" the development of the format in the country.
4 July 2013
UK private-equity firm BC Partners has hired JPMorgan and Bank of America for advice on its options for it stake in Turkish retailer Migros Ticaret.
20 June 2013
Pepperidge Farm, the baked snack unit of Campbell Soup Co., has extended its range of Goldfish crackers with the addition of a Mac & Cheese line.
14 June 2013
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.
11 June 2013
French retail giant Carrefour has announced plans to expand further into Africa through a joint venture with consumer goods distributor CFAO. The deal will see it develop stores across eight countries and represents a new signal of intent from the world's second largest retailer as it looks to place an early marker down in what is becoming a fast growing emerging market. Michelle Russell takes a closer look.
10 June 2013
US food group B&G Foods plans to accelerate the growth rate of its snack business through its acquisition of Pirate Brands.
28 May 2013
Bear Naked, a US cereal brand owned by Kellogg, has launched granola lines sold in pouches for consumers to eat on the go.