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BRICs and beyond: China's hypermarkets target provinces

28 Jul 2011

The flotation of China's largest hypermarket operator Sun Art Retail Group has highlighted the recent rapid growth in the sector and the potential that retailers believe the channel will continue to have. International chains have made their presence known in the country's main cities. Now, second- and third-tier cities are driving growth and becoming increasingly attractive targets for further expansion but, as Wang Fangqing reports, competition is fierce.

US: Wal-Mart opens first Chicago Express store

28 Jul 2011

Wal-Mart Stores has opened its first urban Wal-Mart Express store in the city of Chicago.

ASIA: Danone's Knudsen to join Wal-Mart as Asia CFO

28 Jul 2011

Wal-Mart Stores has appointed Morten Knudsen as CFO of its Asian operations as the company works to rebuild its executive team throughout the continent.

Online food retail - managing cost is central to success

27 Jul 2011

This month's exclusive just-food management briefing looks at online food retail, a growing sector but one that operators have found a tough nut to crack. In part one, Glynn Davis argues that the cost of running an online service has stymied a number of ventures and will be a key factor in determining where the channel flourishes.

UPDATE: INDIA: Aditya Birla backs plan to ease retail rules

25 Jul 2011

The chief executive of Indian retailer Aditya Birla Retail has said he supports the idea of opening the country's retail sector to more foreign investment.

INDIA: India closer to easing rules on retail investment

25 Jul 2011

India has come a step closer to opening up multi-brand retail to overseas operators after a key government committee approved an easing of rules on foreign investment.

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.

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

22 Jul 2011

The weak consumer climate was brought into sharp relief in the UK this week when data showed the steepest drop in food sales volumes for over 20 years. On the other side of the Irish Sea, retailer Superquinn moved into receivership and local rival Musgrave was lined up as a buyer, although the deal has met opposition. And, in the US, PepsiCo became the first of the major food makers to issue second-quarter results - with a promise to raise prices to offset commodity pressure. Click on the headlines for more.

US: Wal-Mart to share customer data with Nielsen

22 Jul 2011

Wal-Mart Stores has agreed to resume sharing consumer data with market research firm Nielsen.

US: Retailers commit to opening stores in food deserts

21 Jul 2011

Leading US retailers including Wal-Mart Stores, Supervalu Inc and Walgreens have committed to opening stores in low-income areas as part of an initiative with the Partnership for a Healthier America and First Lady Michelle Obama.

S AFRICA: Calls for government review of Wal-Mart deal

21 Jul 2011

Three South African government departments are seeking a review of the Competition Tribunal's decision to approve Wal-Mart's acquisition of a stake in local retailer Massmart.

MEXICO: Walmex Q2 profits down on store investment

20 Jul 2011

Wal-Mart Mexico and Central America has seen its second-quarter net income fall on the back of investment into developing new stores.

CHINA: Wal-Mart appoints top executives

15 Jul 2011

Wal-Mart Stores has appointed Sean Clarke as the COO of the retailer's Chinese division.

GERMANY: Tengelmann sees no future in A&P investment

14 Jul 2011

German retailer Tengelmann does not plan to be a shareholder in A&P when the US retailer emerges from Chapter 11 bankruptcy.

S AFRICA: Massmart confirms plans to acquire Fruitspot

12 Jul 2011

Massmart has confirmed plans to acquire South African fruit and vegetable supplier The Fruitspot.

US: Burton's Foods gains Wal-Mart distribution deal

11 Jul 2011

UK biscuit manufacturer Burton's Foods has struck a distribution deal with Wal-Mart Stores for its Cadbury Fingers biscuit line in the US and Mexico.

S AFRICA: Massmart posts rising FY sales

11 Jul 2011

South African grocery retailer Massmart has reported an 11.7% increase in full-year sales.

SOUTH AFRICA: Pick n Pay plans more than 3,000 redundancies

7 Jul 2011

South African retailer Pick n Pay has revealed plans to make more than 3,000 staff redundant.

CHINA: Auchan's Chinese venture outlines ambition

5 Jul 2011

Sun Art Retail Group, the Chinese venture of French retailer Auchan, is looking to strengthen its position as the country's largest hypermarket operator.

INDIA: Former Wal-Mart executives to join Reliance Retail

4 Jul 2011

Two former Wal-Mart Stores executives are to join Reliance Retail, India's largest retailer.

UK: Asda finance chief McKenna promoted to COO

1 Jul 2011

Asda finance chief Judith McKenna has been named as the UK retailer's COO.

NEPAL: Wal-Mart denies market entry plans

30 Jun 2011

Wal-Mart Stores today (30 June) denied speculation that it is looking to enter Nepal.

UK: Asda marketing director Owen quits

29 Jun 2011

Asda, the UK arm of Wal-Mart Stores, has seen another senior executive leave the business with the departure of marketing director Jon Owen.

GERMANY: Metro "considering options" over Real

28 Jun 2011

German retail giant Metro Group has confirmed to just-food that it is in talks with "potential interested parties" over the future of its Real hypermarket chain.

US: Wal-Mart Canada to assume leasehold of Zellers stores

27 Jun 2011

Target Corp. has signed an agreement to transfer the leasing rights for up to 39 Zellers stores in Canada to rival Wal-Mart Stores.

Editor's choice: highlights on just-food this week

24 Jun 2011

Fonterra confirmed plans this week that it is in talks over a joint venture in cheese and whey production in Europe. Meanwhile, ConAgra has affirmed that its sights are still firmly set on acquiring Ralcorp. Wal-Mart has continued to see its top executives leave, with the third executive leaving its Chinese unit, while its UK division, Asda, lost its COO Simon King. Click on the headlines for more.

UK: Asda hits GBP1bn local sales mark

22 Jun 2011

UK retailer Asda has clocked up GBP1bn (US$1.6bn) worth of local and ethnic food sales since 2001.

JAPAN: Wal-Mart's CEO in Japan next to depart

21 Jun 2011

Wal-Mart Stores has confirmed that the head of its business in Japan has left the retailer, the fourth senior executive to leave its Asian operations in a month.

UK: Asda COO King leaves company

20 Jun 2011

Asda has confirmed today (20 June) that chief operating officer Simon King has left the company.

CHINA: Third executive quits Wal-Mart's local unit

20 Jun 2011

A third executive has left Wal-Mart Stores' business in China, the world's largest retailer has confirmed.








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