Closing of Kroger, Albertsons, C&S Deal Postponed

[ad_1] The proposed merger of U.S. grocery giants Kroger and Albertsons, and sale of assets to C&S Wholesale Grocers, will be later than previously anticipated as the companies continues discussion…

Ocado Sees Further Revenue Growth Supported by Volumes

[ad_1] Ocado Group said it expects revenue to further increase in fiscal 2024 supported by volume growth after a record Christmas performance. The online grocer and retail-technology specialist on Tuesday…

Sainsbury’s Backs Guidance After Christmas Sales Boost

[ad_1] Updated Jan. 10, 2024 2:49 am ET J Sainsbury backed its guidance for fiscal 2024 after reporting robust growth in grocery sales during the Christmas period. The British grocer…

WSJ News Exclusive | PepsiCo, Grocery Giant Bicker Over Who Dumped Whom

[ad_1] A breakup over grocery prices got messier Monday when PepsiCo said that it, not supermarket chain Carrefour, initiated the split.  PepsiCo said that it had decided to stop supplying…

The Woman Shaking Up the $50 Billion Instant-Ramen Industry

[ad_1] Kim Jung-soo invented a super-spicy brand of noodles currently on the shelves of Walmart, Costco and major U.S. grocers. [ad_2] Source link

Supermarket Giant Drops Pepsi and Lay’s Over Price Increases

[ad_1] Updated Jan. 4, 2024 2:55 pm ET One of the world’s biggest supermarket chains said it would drop several PepsiCo products to protest what it called unacceptable price increases,…

Australian Food Retailers Face Inquiry Into Alleged Price Gouging

[ad_1] SYDNEY—Australia’s biggest food retailers are facing a parliamentary inquiry into alleged price gouging after the country’s center-left Labor government agreed on Sunday to an investigation amid an ongoing steep…

Casino Confirms It Has Received Expressions of Interest for the Sale of Stores

[ad_1] Casino Guichard-Perrachon said that it has received preliminary expressions of interest for the acquisition of hypermarket and supermarket stores. The company and a consortium led by EP Equity Investment…

X5 Retail Group Sales Grew on Business Expansion Strategy

[ad_1] Published: Oct. 17, 2023 at 4:12 a.m. ET By Najat Kantouar X5 Retail Group has reported strong third-quarter sales growth as it added more than 784 stores to its…

Tesco Lifts Views After Cost Cutting, Easing Inflation Boosts Performance

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