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Couche-Tard

Issues at Asda, Couche-Tard M&A spree continues, Aeon eyes Myanmar – August retail round-up

Issues at Asda, Couche-Tard M&A spree continues, Aeon eyes Myanmar – August retail round-up

August saw the announcement of an eighth consecutive quarter of declining sales at Asda, the UK arm of Wal-Mart. Across the Atlantic, Canada's Couche-Tard continued its deal-making. In Europe, France's Casino outlined plans to launch the Leader Price banner in Italy. And in Asia, Japan's Aeon indicated it plans to enter Myanmar and India's Future Group set out an expansion programme for its Nilgiris supermarket chain.

Talking shop December 2015 – Lawson, Couche-Tard and Morrisons

Talking shop December 2015 – Lawson, Couche-Tard and Morrisons

December saw some significant developments in the convenience channel in a number of markets, with Japan's Lawson Inc plotting a strategic alliance with Three F, Couche-Tard acquiring an Irish operator, its Canadian rival Sobeys launching a convenience concept and Morrisons returning to the sector in the UK. In other news, it emerged Kroger plans to trial a store format in the US while Lidl is continuing the march of the discounters across Europe. Here is just-food's round up of the big news stories from the world of grocery retail last month. 

CANADA: Couche-Tard profits up despite Q2 sales fall

Canada-based retailer Couche-Tard has booked higher half-year profits, although sales fell in the second quarter. Couche-Tard reported first-half net earnings of US$484.8m for the 24 weeks to 13 October, up…

CANADA: Profits up but sales down at Metro Inc

Canadian retailer Metro Inc has reported an increase in annual profits but a fall in sales, citing, like rival Loblaw, fierce competition in the last three months. Metro booked a…

CANADA: Couche-Tard Q1 earnings double

Canadian c-store chain Couche-Tard its earnings double in the first quarter, boosted by robust merchandise sales. In the three months to the end of June, the retailer recorded a net…