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South Africa's RCL Foods To Spin-Off And List Rainbow Chicken Business

South Africa's RCL will unbundle its Rainbow Chicken business and list it on the Johannesburg stock exchange as part of a strategic review, the food produc...

UK Supermarket Chain Asda Raises Pay For Store Workers By 8.4%

Britain's third-largest supermarket group Asda said it would give more than 120,000 store workers an 8.4% pay rise from 1 July, following a similar move by...

UK Retailer Sainsbury's Plans To Cut 1,500 Roles

British supermarket group Sainsbury's said it plans to cut about 1,500 roles, as it seeks cost savings to invest back into the business.

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What Walmart May Gain From FTC's Kroger-Albertsons Lawsuit

The Federal Trade Commission's bid to block grocer Kroger's $25 billion acquisition of Albertsons could benefit Walmart, a rival whose close relationships...

North Macedonia’s KAM To Boost Sustainability Efforts With €6m EBRD Loan

The European Bank for Reconstruction and Development (EBRD) has approved a €6-million loan for North Macedonia retailer KAM to support its expansion p...

US FTC To Block $25bn Kroger-Albertsons Supermarket Deal

The US Federal Trade Commission and eight states said they are suing to block supermarket chain Kroger's $24.6 billion deal to buy smaller rival Albertsons...

Italian Online Grocery Platform Everli Gets New Owner

Italian online grocery shopping platform Everli has been acquired by Palella Holdings.

France's CMA CGM Unit Raises Offer For UK's Wincanton

CEVA Logistics, a unit of French shipping firm CMA CGM, raised its offer to buy Wincanton to about £604.7 million ($766.2 million), hoping to fend of...