In a week when ConAgra Foods faced uncomfortable questions over its performance, Ben & Jerry's waded into the GMO-debate and the UK government revealed that it is looking at various ways to curb sugar consumption...
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.
Denmark-based retailer Dansk Supermarked, which is set to switch owners, has reported higher operating profit and sales for 2013.
Dansk Supermarked owner Maersk Holding has denied reports the company is looking to divest the Danish supermarket chain.
Sainsbury's chief executive Justin King has suggested investment in own label is a key weapon for mainstream grocers as discounters Aldi and Lidl continue to win sales in the UK.
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),…
French food retailer and manufacturer Les Mousquetaires saw its sales increase by more than 5% in 2012, with supermarket chain Intermarché gaining market share and higher revenues at its production…
German food retailer Edeka has divested its minority stake in discount chain Netto Stavenhagen. The group has sold its 25% stake in the chain to majority shareholder Dansk Supermarked, ending…
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…
Asda, the UK's second-largest retailer, has reported "market-leading growth" in early weeks of 2012. Analysts say Asda's focus on price has helped the retailer gain shoppers from the likes of…
The sale of Dansk Supermarked's Netto stores in the UK to Asda has hit profits at the Denmark-based retailer. Dansk Supermarked, which is owned by shipping giant A.P. Moller Maersk,…
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