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Russian discounter to open in Spain 

Russian budget retailer Mere, owned by the Svetofor Group, is to open stores across Spain this year. The firm claims that it will offer goods that are up to 20% cheaper than its rival supermarkets, with the range including everything from food and household goods to clothes and the latest gadgets.
lun 15/02/2021 by Richard Wilkinson

Edeka to purchase 44 Real stores

The break-up of retailer Real continues, with Edeka set to complete the takeover of 44 Real stores, according to Lebensmittel Zeitung. Edeka is also in negotiations to acquire a further […]
lun 15/02/2021 by Richard Wilkinson

Innovative compostable film packaging to extend shelf life

Compostable packaging producer TIPA and shelf-life extension specialist PerfoTec have teamed up to create laser micro-perforated compostable film packaging that can extend the shelf-life of fresh produce.
mer 10/02/2021 by Richard Wilkinson

Morrisons raises minimum wage to £10 an hour in UK 

Retailer Morrisons has announced it is to become the first supermarket in the UK to pay at least £10 an hour to all of its 120,000 staff, as from April 2021.
jeu 21/01/2021 by Richard Wilkinson

Tesco records surge in post-Christmas sales

UK retailer Tesco has seen a large bump in sales since Christmas, but costs associated with the pandemic continue to soar, as restrictions are strengthened.
jeu 21/01/2021 by Richard Wilkinson
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French government opposes take-over of Carrefour

France’s government has opposed the proposed €16.2 billion takeover of French supermarket chain Carrefour by Canadian convenience store group Couche-Tard, according to Reuters. Labour Minister Elisabeth Borne said Thursday on […]
mer 20/01/2021 by Richard Wilkinson

Leading Chinese fruit retailers to go public in 2021

For the first time, several of China's leading fruit retailers are going to be listed on the stock exchange. Among the retail leaders racing to be the first to go public in 2021 are Pagoda Fruit, Xianfeng Fruit and Hongjiu Fruit, according to a report by Simfruit.
mar 19/01/2021 by Richard Wilkinson

Jeronimo Martins posts solid 2020 results

Multi-market Portugal-based retail conglomerate Jeronimo Martins has reported its full-year 2020 results for the period ended 12 January 2021, according to Kantar Retail IQ. Biedronka led growth in the food […]
lun 18/01/2021 by Richard Wilkinson

Carrefour launched 157 new organic products in 2020

In total, the French supermarket chain has more than 400 organic farming and livestock references, sold under the Carrefour Bio brand. In 2020 alone, Carrefour Bio launched 157 new products. […]
mar 12/01/2021 by Richard Wilkinson
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