Food Retail

Supermarket Sales In Portugal Continue To Rise

Food retail sales in Portugal reached a total of €8.8 billion in the year to July, representing a 4.4% increase compared to the same period the previo...

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DIA Minority Shareholders Call On Board For Better Representation Of Interests

A coalition of minority shareholders at DIA has raised serious concerns about the company's lack of stakeholder engagement.

Romania’s La Cocos Gets New Majority Shareholders

The European Bank for Reconstruction and Development (EBRD), CEECAT Capital, and Morphosis Capital Fund II have become the new majority shareholders of Rom...

Sonae's First-Half Turnover Exceeds €4bn Boosted By MC, Worten

Sonae, which owns the food retail chain Continente, has reported consolidated turnover growth of 11%, to €4.3 billion, in the first half of its f...

Auchan Retail Appoints Patrice Moulin As Deputy Managing Director

Auchan Retail has appointed Patrice Moulin as its deputy managing director with responsibility for the management of international support services, effect...

Germany Sees 8.5% Increase In Fairtrade Sales In 2023

The sales of Fairtrade products in Germany amounted to €2.6 billion in 2023, marking an increase of 8.5% compared to the previous year.

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...