Retail archive – Page 530
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Whole Foods reaches FTC settlement
The agreement with the Federal Trade Commission regarding the retailer’s takeover of Wild Oats has been placed on public record for a 30-day comment
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Waitrose launches low-price range
Waitrose will become the latest major retailer to enter the price war today when it launches its new ‘essential Waitrose’ own-label range of goods, with more than 800 low-price lines.
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Korean apple yields return to normal
Production drops to normal levels this year following last year's bumper crop, as competition with other exotic fresh fruits increases
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Q4 profit down at Jeronimo Martins
Soaring costs hit the Portugal-based group in the fourth quarter, although yearly profit increased
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NSW produce prices set to soar
New South Wales needs heavy rainfall within the next few weeks if an increase in fresh produce prices is to be avoided
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D&S reports lower profit, higher sales
The Chilean retailer saw net profit fall by nearly a third during 2008
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Sainsbury's snaps up Co-op stores
The UK-retailer has invested €93.1m in acquiring 24 stores from the Co-operative group
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Sainsbury's to invest £83m in Co-op sites
Sainsbury’s is to buy 24 stores from The Co-operative Group in a deal worth £83 million.
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Tesco wins competition test appeal
Tesco’s battle to overturn plans to introduce a “competition test” for supermarkets turned into a victory for the UK’s number-one retailer today.
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Royal Ahold reports solid 2008 results
A strong fourth quarter rounded off a profitable year for Netherlands-based retailer Ahold
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UK market share drops for Tesco
A report into the UK grocery retail scene has noted a shift in market share for a number of different companies
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Yearly profit growth for Super de Boer
Net result tripled to just under €30m during 2008, the group has reported
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Asda grabs record share
Asda has the highest year-on-year growth rate of the top four, according to the latest TNS Worldpanel grocery market share figures, as its low-price positioning pays off.
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Tesco stands by graduate schemes
Tesco is targeting its graduate programmes to energise its businesses, insisting its career prospects remain strong, despite the Association of Graduate Recruiters reporting a salary freeze among graduates and a predicted 5.4 per cent decrease in graduate vacancies in 2009.
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Casino pushes fresh produce
As a mark of its commitment to nutritional food, Casino is adopting new strategies to increase the visibility of fruit and vegetables
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Zespri forecasts kiwi price squeeze
The group is looking to maintain high sales by shipping fruit to market earlier than the previous season
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Mexican retail sector feeling pinch
Although the credit crunch is making its mark south of the border, the USDA claims Mexico’s young and increasing population points to a brighter future
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Co-op's Somerfield deal completes
The Co-operative Group has completed its £1.565 billion acquisition of the Somerfield supermarket chain.
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Lille welcomes “freshness” concept
A new shopping concept created by two former Auchan employees is due to open in Lille, France
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Lowhub harnesses supply chain impetus
Sustainable produce transport pioneer Lowhub is using its two environmental awards, scooped at a recent London ceremony, to drive the supply chain towards sensible transport options.