Walmart launches fresh produce initiative
05/06/2013 - 08:17
Bentonville, Ark. – Wal-Mart is launching an initiative to increase the amount of fresh produce on its shelves. The effort includes buying produce directly from growers for immediate shipment to stores, performing independent weekly fresh produce checks at stores and providing fresh produce training for associates.
Tesco quarterly sales expected to decline
04/06/2013 - 08:09
London - Britain's biggest retailer, Tesco , is expected to slip back to an underlying sales decline when it publishes first-quarter trading figures on Wednesday, raising doubts about a costly recovery plan for its home market.
Costco Q3 profit climbs 19%; to open nine clubs by September
31/05/2013 - 09:48
Issaquah, Wash. -- Costco Corp. reported Thursday that net income for the quarter ended May 12 increased a higher-than-expected 19% on increased sales and member fees. The wholesale club operator earned $459 million in the third quarter, up from $386 million in the year-ago period.
Massmart to focus on store growth in Africa
30/05/2013 - 10:33
VENTURES AFRICA. JSE-listed general retailer, Massmart, on Wednesday said it will start paying more attention to store growth in South Africa and sub-Saharan Africa.
Textile companies to fund Bangladesh measures
16/05/2013 - 10:24
Madrid - At least 24 retail companies, including Hennes & Mauritz and Inditex, have agreed to improve safety at Bangladeshi textile factories by contributing up to 2.5 million dollars each towards that goal.