World

Auchan to invest 1 billion euros in hypermarkets

Auchan to invest 1 billion euros in hypermarkets

Auchan plans to invest 1 billion euros in its French hypermarkets between 2015 and the end of 2017, says chairman Vianney Mulliez. Mr Mulliez made the comment at the opening of Auchan's latest hypermarke...

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Delhaize reports solid Q3 growth and says Ahold merger “on track”

Delhaize reports solid Q3 growth and says Ahold merger “on track”

Delhaize has reported solid sales and profit growth for its fiscal third quarter, helped by improved results in its home market. The group also said its merger plans with Ahold are proceeding well, and expec...

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Pernod Ricard beats estimates with Q1 growth

Pernod Ricard beats estimates with Q1 growth

Pernod Ricard has reported better-than-expected sales growth for its fiscal first quarter, continuing its recent run of improved results.  The world’s second-largest spirits group said sales were up 9...

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Auchan to launch new online marketplace

Auchan to launch new online marketplace

Auchan, the third largest food retailer in France, has announced it will increase its product lines and range. It does this by launching a new online marketplace. For now, Auchan will focus on two main categ...

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FINLAND: Tax on sweets and ice cream scrapped

FINLAND: Tax on sweets and ice cream scrapped

Having a sweet tooth could be a bit cheaper for Finns in future, after the government announced it will remove a tax on confectionery and ice cream from 2017. Finland imposed the tax of 95 cents (70p) per ki...

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Amazon.fr launches grocery sites

Amazon.fr launches grocery sites

Amazon.fr has launched two new sites - grocery, and beers, wines and spirits - which stock more than 34,000 products between them. The food site carries the majority of the products (30,000) across more than...

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GfK expands digital portfolio in Shopper research by investing in NORM Research & Consulting

GfK expands digital portfolio in Shopper research by investing in NORM Research & Consulting

GfK acquires NORM Research & Consulting AB, a Sweden-based market research company specialized in virtual shopper research. Their core product is a software that simulates shopping environments for vario...

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Tesco trials “try before you buy” and steps up service

Tesco trials “try before you buy” and steps up service

In a bid to showcase its quality credentials Tesco is trialling 'Try before you buy' at six London stores. The initiative comes as Tesco outlines plans for more head office staff to work on the shop flo...

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Online retail sales to reach 1.7 trillion dollars this year

Online retail sales to reach 1.7 trillion dollars this year

New data from Juniper Research has revealed that global online retail sales are expected to reach 1.7 trillion dollars this year, up by more than 17 per cent on 2014’s total. It argued that while recent grow...

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Moulin family becomes Carrefour’s largest shareholder

Moulin family becomes Carrefour’s largest shareholder

The Moulin Family has announced it has increased its stake in Carrefour Group over the 10% threshold, following a dividend payment option. The Moulin Family, owners of Galeries Lafayette, already owned 9...

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