World

Carreour takes full control of Carcoop JV

Carreour takes full control of Carcoop JV

Carrefour has bought the remaining 50% stake in Carcoop, its joint venture with Coop Atlantique, Linéaires reports. This end the nearly three year soap-opera which ensued when Carrefour's former partner anno...

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30 Real refurbs completed

30 Real refurbs completed

After three months of work, Metro Group has completed the refurbishment of 30 of its Real hypermarkets in Germany, Lebensmittel Zeitung reports. The stores have been converted to its new concept along the li...

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Auchan dusts off Simply City

Auchan dusts off Simply City

Auchan is to open an urban supermarket dubbed Simply City, Linéaires reports. The 670 square metre store is to open in June in Marseille, southern France. While the banner was initially trialled in France as...

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Mars to buy P&G pet food brands for $2.9 billion in cash

Mars to buy P&G pet food brands for $2.9 billion in cash

Mars Inc., the closely held maker of M&M’s candies and Uncle Ben’s rice, agreed to buy three of Procter & Gamble Co.’s (PG) pet-food brands for $2.9 billion, making it a bigger challenger to Nestle S...

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EUROPE: Retail sales report February growth

EUROPE: Retail sales report February growth

Retail sales across Europe reported their second straight month of growth, although the results marked a slowdown from January. The growth was fuelled by increased demand for both food and non-food products,...

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Carrefour Q1 sales accelerate with Brazil, Spain

Carrefour Q1 sales accelerate with Brazil, Spain

Carrefour, Europe's biggest retailer, said underlying sales growth accelerated in the first quarter, driven by Brazil, the group's second largest market after France, while sales in austerity-hit Spain rose ...

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Arla Foods merges with Belgian rival EGM

Arla Foods merges with Belgian rival EGM

Two major European dairy cooperatives have announced their intention to merge. The boards of directors at Eupener Genossenschaftsmolkerei Walhorn (EGM Walhorn) and Arla Foods have circulated a proposal t...

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Auchan plans online mega-mall

Auchan plans online mega-mall

Two major French retailers are now looking to develop multi-channel capacities along with their real estate divisions. A few weeks after rival Casino’s similar announcement, Auchan’s Immochan is to launch a ...

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Further investment after a successful 2013 for Rewe

Further investment after a successful 2013 for Rewe

Rewe has announced its unaudited financial results for 2013, revealing Group sales increased by 2.9% to €50.6bn. In Germany, sales were up 2.9% to €36.2bn. Sales in Rewe’s international markets rose by 2.9% ...

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7-Eleven looking to expand into European market

7-Eleven looking to expand into European market

An executive member of the international convenience store chain 7-Eleven said that the company is currently carrying out feasibility studies regarding expansion into Europe. Speaking at the ACS summit in Bi...

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