Two of the world’s largest retailers made waves this week, with Tesco‘s decision to quit Japan and Carrefour‘s profit warning – and its announcement of another attempt to turn around its domestic business – grabbing the headlines. Meanwhile, dairy giant Frieslandcampina and Australian food maker Goodman Fielder also revealed this week that earnings were under pressure. Click on the headlines for more.

Talking shop: Tesco’s Japan exit prompts more questions
It did not take Philip Clarke long to make his first serious mark as Tesco’s chief executive but the decision to quit Japan has led industry watchers to wonder if the UK retailer will leave other international markets.

In the spotlight: Is Carrefour’s latest game plan a winner?
You can take your pick of French apothegms: “Plus ça change, plus c’est la même chose,” or, more succinctly: “Déjà vu.” Either way, industry analysts casting their critical eye over Carrefour’s latest strategic revamp could be forgiven for thinking they’ve been here before, writes Richard Woodard

NETHERLANDS: European woes hit FrieslandCampina
Dutch dairy group FrieslandCampina has seen half-year profits fall as earnings in Europe slumped.

US: Wal-Mart, Delhaize stores remain closed in wake of Irene
Stores owned by retailers including Wal-Mart Stores and Delhaize remain closed in the wake of Hurricane Irene, which hit the US east coast on Saturday (27 August).

AUS: Goodman Fielder FY profits tumble
Goodman Fielder has reported a slump in annual profits after raw-material costs and lower sales hit earnings from the Australian food maker’s bakery and dairy divisions.

RUSSIA: PepsiCo, Danone trademark hearing postponed
The latest stage of the Russian trademark battle between Danone and PepsiCo has been postponed.

Talking tech: Food sites look to ride Groupon wave
The concept of group buying has grabbed the headlines in recent months, with sites like Groupon and LivingSocial providing consumers the opportunity to benefit from discounts on a range of products.

FRANCE: Lactalis plant to end speciality cheese production
Lactalis is to stop making speciality soft cheeses at its plant in eastern France from the start of next year.

US: CSPI blasts Fresh Del Monte’s salmonella legal challenge
US consumer watchdog The Center for Science in the Public Interest has issued a scathing response to Fresh Del Monte Produce’s move to take legal action against US health officials after the company was linked to a salmonella outbreak.

just the answer – Charles Woolley, Rectory Food Group
UK meat supplier Rectory Food Group is restructuring the way it runs its business. The company is moving to a holding structure, under which its separate divisions will operate.