BRUSSELS — Executing its “New Game Plan” initiatives in a time of economic uncertainly has put Delhaize in “uncomfortable” position for the short term, Pierre-Oliver Beckers, Delhaize’s chief executive officer, told shareholders at the retailer’s annual meeting here Friday....More
EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market here has received a vote of confidence from the top executive at Tesco, its British-based parent company....More
NEW YORK — Walmart Mexico paid out millions of dollars in bribes to Mexican officials to facilitate the company’s rapid expansion there, according to a New York Times report....More
CHESHUNT, England — Despite reduced losses, Tesco here has pushed back the timeframe for reaching a break-even point for its Fresh & Easy Neighborhood Market chain in the U.S. until early 2014 rather than early 2013, the company said Wednesday....More
SALISBURY, N.C. — Bottom Dollar Food will celebrate the opening of its newest store in New Jersey this Friday by giving away a reusable bag filled with groceries to the first 200 shoppers in all of its eight New Jersey locations....More
EL SEGUNDO, Calif. — The parent of Fresh & Easy Neighborhood Market here last week reiterated its goal to break even at its U.S. operations by the end of its current fiscal year next February after investors questioned the wisdom of the company’s ongoing investment in the banner....More
EL SEGUNDO, Calif. — Fresh & Easy Neighborhood Market here said Tuesday it is in a closed period — pending release of year-end results next Tuesday — and consequently cannot comment on published reports that the challenges of parent company Tesco in the U.K. could affect its longevity in the U.S....More
PARIS — Carrefour said Monday that Georges Plassat will take over as chairman and chief executive officer of the company, Europe’s largest retailer....More
All sales include nonfood operations and are net sales in U.S. dollars based on full-year average exchange rates. Store counts include franchised or licensed locations and may include nonfood outlets; counts are based on PlanetRetail research, company reports and estimates. Source: PlanetRetail.
SN's Top 25 worldwide food retailers include sales for food, nonfood and wholesale operations; sales were based on current exchange rates. Store counts include franchised or licensed locations and may include nonfood outlets. All information based on company reports or SN estimates.
