Food Retail | ESM Magazine

Simone Margulies To Succeed Klas Balkow As Axfood's New CEO And President

Swedish retailer Axfood has appointed Simone Margulies as its next chief executive officer and president, effective 15 August 2024.

Global Food Retail Market To Grow To $8.5trn By End Of Decade

The global food retail market is set to grow at a CAGR of 6.1% between now and the end of the decade, to be worth $8.54 trillion (€7.87 trillion) by 2...

Ahold Delhaize Appoints Alex Holt As Chief Sustainability Officer

Ahold Delhaize has appointed Alex Holt as its new chief sustainability officer and member of the executive committee, effective 1 June 2024.

Brazil's GPA Expects To Raise R$500m From Asset Sales In Coming Quarters

Brazilian retailer GPA expects to raise about 500 million reais (€93.7 million) from asset sales in coming quarters, chief financial officer Rafael Ru...

Colruyt Group Agrees To Acquire 57 Stores From Louis Delhaize

Colruyt Group has agreed to acquire 57 stores from Louis Delhaize in Belgium for an undisclosed amount.

Cost-Saving Measures Drive Co-op UK's Underlying Operating Profit Growth

UK retailer Co-op has reported underlying operating profit growth of £44 million (€50.9 million) in the first half of its financial year, from a...

Groupe Casino To Sell Some French Stores To Groupement Les Mousquetaires

Groupement Les Mousquetaires and Groupe Casino have signed a protocol which will see the latter selling some French stores to the former as both businesses...