French retail takes on Amazon

French retail takes on Amazon
French retailers Intermarché, Auchan and Carrefour are seeking to stave off the imminent threat of Amazon by facilitating access to their digital platforms and pick-up points for small independent retailers, […]
Thu 19/11/2020 by Richard Wilkinson

UK supermarket sales growth continues 

UK supermarket sales growth continues 
Supermarket sales in the UK were up 9.3% for the August-October period. However, unlike with the first lockdown, there is no evidence of consumer panic-buying at this stage, according to […]
Thu 19/11/2020 by Richard Wilkinson

New Asda owners sell off sizeable stake in group

New Asda owners sell off sizeable stake in group
New owners of Asda, Mohsin and Zuber Issa, have sold off significant stakes in EG Group to an Abu Dhabi sovereign investor and two Canadian pension funds, reported to be […]
Wed 18/11/2020 by Richard Wilkinson

Aldi’s banana price cut denounced

Aldi’s banana price cut denounced
Aldi’s decision to cut its banana buying price for 2021 has led to a backlash among producers. Costa Rica’s association of independent banana producers (Aproban) stated that the retailer’s actions […]
Wed 18/11/2020 by Richard Wilkinson

Tax breaks for UK’s supermarkets despite record sales

Tax breaks for UK’s supermarkets despite record sales
Despite record sales during the pandemic, the UK’s largest supermarkets are set to save nearly £2 billion in business rate tax breaks in 2020, according to a new report compiled […]
Mon 16/11/2020 by Richard Wilkinson

China’s food sales hit record high amidst fierce competition

China’s food sales hit record high amidst fierce competition
Despite the COVID-19 economic downturn in the first half of 2020, retail food sales have held up. In 2019, imports of consumer-oriented food products climbed to a record high of […]
Mon 16/11/2020 by Richard Wilkinson

UK retailers see surge in demand for organics

UK retailers see surge in demand for organics
UK retailers reported a surge in sales of organic food and drink during lockdown. Organic bananas, chicken, eggs and wine are among the main drivers of growth, according to Nielsen […]
Thu 12/11/2020 by Richard Wilkinson

Alibaba secures controlling stake in Sun Art

Alibaba secures controlling stake in Sun Art
Online retail giant Alibaba has acquired a controlling stake in leading Chinese hypermarket and supermarket operator Sun Art Retail Group. As Retail Gazette reports, the move, costing approximately US$3.6 billion, […]
Wed 28/10/2020 by Richard Wilkinson

Metro Group reports recovery 

Metro Group reports recovery 
Metro’s slight dip in like-for-like sales of 0.5% in the fourth quarter constitutes a strong recovery in performance from the previous quarters (sales declined 5% in the first nine months […]
Mon 26/10/2020 by Richard Wilkinson

Green trends in Russia

Green trends in Russia
Ecologically friendly trends have become common for consumers of different countries; and although there is no business motivation initiated by government, Russian food retail business is beginning to move this […]
Thu 22/10/2020 by Richard Wilkinson

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