Netto Archives - Just Food
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

Netto

Talking shop: Sainsbury’s tries to shore up flank with Netto JV

Talking shop: Sainsbury’s tries to shore up flank with Netto JV

In a surprise move, Sainsbury's has reacted to the continued growth of discount retailers in the UK with a venture to bring the Netto banner back to the country. Sainsbury's and Netto owner Dansk Supermarked will launch a clutch of stores on a trial basis but Netto, which struggled on its previous visit to the UK, faces even stronger competitors now. Dean Best reports.

GERMANY: FY sales climb at retail giant Edeka

German retailer Edeka has booked an increase in full-year sales, with growth in each of its divisions. In the 12-month period, group sales grew by 3.8% to reach EUR44.8bn (US$58.6m),…

UK: Asda records rise in profits

UK retailer Asda has booked an increase in profit last year, despite a "challenging" period for the economy and despite its new chain of small stores incurring losses. In accounts…