Retail archive – Page 430
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Aeon posts profit increase
Following the catastrophic events of 11 March, Japanese retailer Aeon has recorded a significant growth in profits
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Costco profit climbs 11 per cent
US warehouse retailer announces Q4 2011 sales up 17 per cent to US$27.59bn
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Asia performance boosts Tesco results
Retailer records strong sales in China and Thailand, despite subdued results in much of Europe
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Aldi turns an operating profit
Hard-discounting UK supermarket reports annual operating profit of £18.7m (€21.8m) and sales increase of almost 5 per cent
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Commercial director leaves Carrefour
The retailer suffered a further blow this week in its troubled French unit, with its commercial director leaving the company
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Modest growth for Sainsbury’s
British grocery retailer’s second quarter sales increase by 1.9 per cent on like-for-like basis
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Asda restarts banana price war
UK supermarket slashes cost of bananas by 15 per cent as rival begins Big Price Drop
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Marks & Spencer sells 'superbroccoli'
UK supermarket stocks shelves with anti-heart disease and anti-cancer broccoli developed by scientists
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BRC rams trade barriers
Trade association starts debate about "discriminatory" legislation it says is stopping UK retailers opening outlets in other EU countries and reducing benefits to consumers
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Aldi plans Australian expansion
Aldi is reinvesting nearly A$200m into its Australian operations and expanding its store numbers
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Downturn ‘hits’ Tesco sales
Six-month figures expected to show first sales drop for two decades, say analysts
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Walmart reshuffle results in new UK head
David Cheesewright has been named president and chief executive of a new regional management team
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Dixy drives forward in 2011
Russia's third-largest domestic retailer reports on big jump in January-August sales
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Budgens invests in price cuts
On the same day Tesco announced its Big Price Drop, Budgens pledged to invest in helping its own shoppers save money by lowering the prices on thousands of products, including fresh produce.
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Jimmy Doherty backs Co-op campaign
Farmer and television presenter Jimmy Doherty is helping to launch The Co-operative’s Green Schools Revolution.
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British blueberries strong at M&S
British blueberries have arrived in store in Marks & Spencer and the supermarket is lauding one of its largest growers.
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Andy Bond backs new online venture
Former Asda CEO Andy Bond has invested in new online retail venture farmison.com.
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Morrisons number one for RSA
The South African stonefruit sector has lauded the UK retailer for an exceptional winter performance
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Costco calls for melon safety boost
Company's head of food safety, Craig Wilson, tells US cantaloupe melon sector to get "more aggressive" on testing its fruit
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Supplier fears grow as Tesco slashes price tags
Suppliers have raised serious concerns over the deep cuts involved in Tesco’s Big Price Drop that kicked off on Monday.