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just-food's 2014 outlook: International retailers continue to bring focus home

30 Jan 2014

The world of international food retail has undoubtedly got a little less international in recent years and 2014 looks likely to see the big guns continue to take an empire-building breather and sort out their troubled home markets while undertaking only modest overseas activities. Glynn Davis reports.

On the move: the challenge of revitalising Wal-Mart

4 Dec 2013

Doug McMillon may have followed Mike Duke's path at Wal-Mart with the move from head of international to the CEO's office and, in some ways, he has some foundations on which to build the next stage of the retailer's growth. But he faces some significant challenges ahead.

S AFRICA: Massmart reports jump in FY profits

23 Aug 2012

South African retailer Massmart has booked an increase in annual profits on the back of improved sales.

S AFRICA: Retailer Massmart reports FY sales increase

5 Jul 2012

South African retailer Massmart Holdings has posted a near 16% increase in annual sales on the back of robust underlying sales and the acquisition of stores owned by local cash-and-carry rival Rhino.

SOUTH AFRICA: Massmart shares hit as sales disappoint

9 May 2012

Shares in Massmart Holdings continued their descent today (9 May) after sales gains in the first nine months of the South African retailer's financial year missed expectations and it announced a slew of management changes.

S AFRICA: Retailer Massmart reports higher H1 profits

22 Feb 2012

Massmart, the South African retailer in which Wal-Mart Stores owns a 51% stake, has posted higher half-year profits.

S AFRICA: Retailer Massmart H1 sales up 15%

13 Jan 2012

South African retailer Massmart has reported a 15% increase in half-year revenue, with sales up across its formats.

S AFRICA: Wal-Mart deal costs hit Massmart profits

25 Aug 2011

South African grocery retailer Massmart has posted a drop in first-half profits on the back of costs from the sale of a majority stake in the business to Wal-Mart Stores.

S AFRICA: Pick n Pay appoints van Rensburg to lead "transformation"

17 Aug 2011

South African retailer Pick n Pay has named Richard van Rensburg deputy CEO as the retailer looks to transform itself into a "world-class retailer".

S AFRICA: Date set for court appeal over Wal-Mart's Massmart deal

4 Aug 2011

The South African government and labour unions are to voice their concerns over Wal-Mart Stores' purchase of a majority stake in Massmart, through an appeal court hearing in October.

S AFRICA/US: Wal-Mart to stock Oceanfresh hake fillets

25 Jul 2011

South African seafood processor Oceanfresh has announced that its hake fillets will be sold in some Wal-Mart Stores outlets in the US from October.

Best bits: Business victims as E. coli mistakes rock consumers

6 Jun 2011

So, now it appears that bean sprouts are the cause behind the E. coli outbreak that has rocked Europe's produce sector and killed - at the latest count - 22 people.

Best bits: Wal-Mart's US woes set to continue

16 May 2011

The publication of first-quarter numbers rumbles on this week, with eyes turning to the latest financial performance at Wal-Mart, the world's largest retailer.

Quote, unquote: just-food's week in words

25 Feb 2011

Aside from the soundbites from the CAGNY investment conference in Florida this week, the last five days have been rounded out with results from Wal-Mart Stores, Kerry Group and Safeway Inc.

SOUTH AFRICA: Unions threaten Wal-Mart purchase of Massmart stake

17 Jan 2011

A global coalition of labour unions led a demonstration outside a Massmart shareholder meeting today (17 January), opposing plans to sell a majority stake in the South African retailer to Wal-Mart Stores.

SOUTH AFRICA: Massmart H1 sales rise

13 Jan 2011

Massmart Holdings, the South African retailer being pursued by Wal-Mart Stores, the world's largest retailer, has posted a 7% rise in half-year sales.

The just-food management briefing - M&A in 2010 - a timeline, part II

20 Dec 2010

As we headed into September, there was uncertainty about the prospects for M&A activity, with analysts at KPMG suggesting the value of deals in the food, drink and consumer goods space in the second quarter stood at just under US$19bn - down from the $49bn of deals recorded in the first three months of the year. However, the last months of 2010 saw a number of key pieces of M&A - notably the merger of Greencore and Northern Foods - and deals signed to see PepsiCo buy Wimm-Bill-Dann and a private-equity consortium by Del Monte Foods.

EUROPE: Food retail sector set for consolidation - analyst

12 Oct 2010

Europe's food retail industry is set to see the return of mergers and acquisitions, analysts at J.P.Morgan Cazenove said today (12 October) as they started their coverage of the sector.

Best bits: M&A spotlight shines on McVitie's, Pringles and Yoplait

27 Sep 2010

The battle to buy United Biscuits apparently now has an Eastern flavour.



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