International Grocery News
Walmart To Acquire The Rest Of Massmart
Walmart has signed an agreement to buy the 47% stake in South African retailer Massmart it does not own.
Earlier this week, Massmart revealed that...
Europe’s Largest Food Retailer Sees Shoppers Adopting Frugal Mindset
The Chief Executive of Carrefour has highlighted that cash-strapped consumers in France are ditching fish, buying cheaper meat and snubbing organic food to save...
Better Year For Estée Lauder, But Cautious On Outlook
Cosmetics giant Estée Lauder saw its organic net sales increase 8% to $17.74bn over the year to 30 June.
This was driven by double-digit growth...
Walmart Eases Profit Concerns Despite Having To Discount Stock To Attract...
Inflation-hit shoppers are continuing to buy groceries at Walmart, although the world’s largest retailer admitted that it was having to use steep discounts on...
SPAR Opens Its First Store In Latvia
Global symbol group SPAR has opened its first supermarket in Latvia. The outlet in the city of Saldus marks the start of a major...
Walmart’s Long-Lasting Challenge: Luring Budget Shoppers Back To Its Stores
Walmart could face an uphill battle to reclaim US shoppers who opted for the neighbourhood dollar store or Aldi rather than driving farther to...
Walmart Acquires Tech Firm To Optimise Product Assortment
Walmart has announced the acquisition of Volt Systems, a US technology company that focuses on giving suppliers greater visibility into merchandising resources.
The world’s largest...
Walmart Cutting Corporate Roles As Part Of Restructuring
Just days after issuing a profit warning, it has been revealed that Walmart is cutting hundreds of corporate roles as part of a restructuring...
Court Approves $1.4bn Bankruptcy Loan So Revlon Can Keep Trading
Embattled beauty giant Revlon has received a judge’s permission to proceed with a $1.4bn loan to help it continue trading after filing for Chapter...
Alcampo Snaps Up 235 DIA Stores
Auchan’s Spanish subsidiary Alcampo has agreed to acquire 235 supermarkets and a warehouse from the DIA Group.
The deal includes a warehouse in Villanubla and...
