UK: 5 Predictions For Supermarket Industry In 2015
Natalie Berg, Global Research Director at Planet Retail, has offered her predictions of the key trends and issues in the UK supermarket industry in the year ahead.
UK: Tesco Suspends Another Executive As Part Investigation Into Profit Overstatement
Tesco is reported to have suspended a ninth person as part of the investigation into its recent £263m overstatement of profits.
UK: Seasonal Surge Drives Sales At Waitrose Up 7.3%
Sales at Waitrose grew 7.3% to £148.70m in the week to 13 December as shoppers stocked up on festive fare.
UK: Weetabix To Launch £5.5m Ad Campaign In The New Year
Weetabix is planning to launch a major multi-channel campaign in the New Year aimed at getting kids “excited” by the cereal brand.
US: Couche-Tard Pays $860m For Pantry Chain
Canada’s Alimentation Couche-Tard is to acquire US convenience store operator Pantry Inc in an all-cash transaction valued at around $860m, significantly boosting its operations in the US and making it one of the biggest c-store operators in the world.
FRANCE: FMCG Giants Fined €951m For Price Fixing
Some of the world’s largest consumer goods companies have been fined a total of €951m by the French competition authority having been found to have fixed prices on personal hygiene and cleaning products in the country’s supermarkets between 2003 and 2006.
the rest of today's retail industry news here