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Morrisons Reports 1.8% Drop in Total Sales, 0.7% Increase in SSS in Q2

Thursday, May 5, 2016
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Morrisons reported a drop in total sales, excluding fuel, for its second quarter. While total sales decreased by 1.8% due to store closures, same-store sales increased for the second straight quarter to 0.7%. The positive results were helped by [...more]

Sales Increase 16% for Sprouts in Q1

Thursday, May 5, 2016
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Sprouts reported sales increased 16% in the first quarter to $993.2 million. Comparable store sales increased 4.8% during the period. The specialty grocer opened 11 new stores in Q1 and has opened 3 more stores so far in Q2. Sprouts expects to [...more]

Walmart Mexico Comp Sales Grow 8.9% in April

Thursday, May 5, 2016
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Walmart Mexico sales increased by 9.9% during the month of April reaching $33,803 million Mexican pesos ($1.9 billion USD). Walmart Mexico saw comp sales grow by 8.9% and opened 3 new stores, of which 1 Bodega [...more]

Walmart to Bring Back Store "Greeters"

Thursday, May 5, 2016
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Walmart has announced it will add door greeters back into most of its 5,000 US stores. The move comes as Walmart looks to improve customer service and prevent shoplifting. At Walmart's stores that are most prone to theft, the retailer will also [...more]

Sainsbury's Reports FY15 Sales Drop of 1.1%

Wednesday, May 4, 2016
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Sainsbury's reported its sales for FY15 have dropped 1.1% to £25.8 billion, while comps fell 0.9% for the period. The results were attributed to the growing competition in the UK price war from rival Big 4 grocers and German discounters Aldi [...more]

The Fresh Market to Close 13 Stores Nationwide

Wednesday, May 4, 2016
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Two months after The Fresh Market was acquired by a private equity firm, the retailer is planning its first series of closures. Thirteen stores across the US are set to [...more]

Analysts Speculate Kroger May Be Eyeing Cub Foods (SuperValu) for Potential Acquisition

Wednesday, May 4, 2016
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One month after Kroger invested in Lucky's Supermarkets, analysts are speculating that the country's largest grocer could be eyeing another acquisition. Kroger's recent [...more]

European Court of Justice Grants EU Permission to Outlaw Menthol Cigarettes from 2020 Onward

Wednesday, May 4, 2016
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The European Court of Justice has passed a measure that grants the EU the permission to outlaw menthol cigarettes from 2020 onwards. In addition, the Court of Justice also confirmed that stricter regulations regarding packaging are allowed, [...more]

Loblaw Reports 3.3% Increase in Retail Sales for Q1

Wednesday, May 4, 2016
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Loblaw reported a 3.3% increase in retail sales to CAD 10.2 billion for the first quarter of 2016. Comp sales for Loblaw's food segment increased 2.6%, excluding gas. Drug same-store sales rose 6.3% for the quarter, as pharmacy comps grew 4.2% [...more]

Target Enforces Tighter Deadlines with Its Supply Vendors

Wednesday, May 4, 2016
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Target is planning to speed up its supply chain by enforcing stricter delivery regulations with its vendors. The retailer is planning to tighten deadlines, hike fines for late deliveries, and may impose higher penalties for inaccurate product [...more]

Whole Foods Q2 Results: Sales Up 3%, Comps Down 3%

Wednesday, May 4, 2016
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Whole Foods announced a 3% increase in sales in Q2 to a record $3.7 billion. Despite the increase in total sales, comp sales were negative for the third consecutive quarter, decreasing 3% for the period. Year-to-date sales have increased 2.5% [...more]

Spar UK to Partner with Holland & Barrett to Offer Health Products in Select Northern Ireland Stores

Tuesday, May 3, 2016
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Spar UK is teaming up with Holland & Barrett, the UK's leading health retailer. The partnership will bring a range of skincare, vitamin, and mineral and food supplements in Spar's stores as the retailer looks to drive more health conscious [...more]

69% of Mexican, Chilean and Colombian Shoppers Plan to Purchase Mother's Day Gifts Online

Tuesday, May 3, 2016
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Groupon conducted a survey in Chile, Colombia and Mexico regarding consumers' shopping behavior for Mother's Day.

First Autonomous Truck Expected to Circulate in Brazil by 2025

Tuesday, May 3, 2016
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Mercedes-Benz has introduced the first model of an autonomous truck, which will be operated througn an autopilot system to generate greater security on the read and lower fuel consumption.

Under Armour To Open 50 New Stores in Latin America by 2020

Tuesday, May 3, 2016
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Under Armour sees a lot of growth potential in athletic apparel in Latin America, planning to open 50 new stores by 2020. 

Showing 1 – 15 of 12627