Multinational grocery retailers demonstrated a various different strategies to grow their sales and expand their consumer reach over the past month. Here is just-food's round-up of some of the major developments at your retail customers during...
Wal-Mart has announced a notable push into the US organic food category with plans to list a range of products under the recently-revived Wild Oats brand.
The convenience channel has become a source of growth for larger grocers in a number of markets. Even in the US, home of the big-box store, major players have tested the water, albeit with patchy success. The likes of Wal-Mart are upping their focus on smaller stores and, although they will not represent a short-term threat to America's 'Cokes and smokes' c-stores, indie operators need to be wary. Hannah Abdulla reports.
Tesco's US venture Fresh & Easy has filed for Chapter 11 bankruptcy as part of its agreement to sell part" of its business to investment fund Yucaipa.
Danone was this week under scrutiny in China amid claims local staff bribed hospitals to promote its baby food products in the country. The allegations are the latest blow to the reputation of Western firms in China following price fixing on formula and the Fonterra botulism saga. The stories will not harm the reputation of China's dairies and, this week, one processor, China Huishan Dairy Holdings Co., launched a successful IPO in Hong Kong.
Ron Burkle, the US billionaire investor who is to take on the bulk of Tesco's US Fresh & Easy arm, has said he believes the loss-making business gives his Yucaipa…
Tesco finally drew a line under its failure in the US with a deal to offload its Fresh & Easy business to investment fund Yucaipa. The detail of the agreement,…
Tesco grabbed the headlines last week after signing an agreement with Yucaipa for its US stores, bringing an end to its failed venture across the Atlantic. Amongst other retailers, Morrisons…
After six years of losses, there will be a sense of relief that Tesco has secured a deal to exit the US. However, the agreement with Yucaipa provides a suitable…
Tesco has confirmed it has agreed to sell a "substantive part" of its US Fresh & Easy business to investment fund Yucaipa. In an announcement late this afternoon, the UK…
Tesco is reportedly set to agree a deal to sell the bulk of its Fresh & Easy operations in the US to Yucaipa, the investment vehicle of billionaire Ron Burkle.…
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