Supermarkets
Lulu Hypermarket hosts Thai cuisine festival.
From February 12 to 18, Lulu Hypermarket will entertain consumers around the Kingdom to an exhibition of Thailand’s popular and diverse food. On February 13, the festival was launched simultaneously in Riyadh and Jeddah....
Carrefour Brasil reports a 28% decline in adjusted net profit for the fourth quarter.
Carrefour Brasil said on Monday that its fourth-quarter adjusted net profit fell 28.2% from the previous year to 550 million reais ($106.19 million), owing to a double-digit increase in spending. Carrefour SA (CARR.PA), the...
Ebay acquires the AI business 3PM Shield.
Ebay announced the acquisition of 3PM Shield, a supplier of AI-based marketplace compliance solutions, on Monday, as the e-commerce giant seeks to ease policy compliance for sellers and maintain the site’s reputation as a...
Power and Media Markt merge in Sweden
The Nordic consumer electronics chain Power takes over Media Markt’s stores in Sweden. The parent company Media Markt Saturn will retain 20 percent. “This is a good move for both Power and Media Markt...
France relies on shops to assist consumers in dealing with rising food prices.
Feb. 13, Paris – The government is relying on food shops to agree to provide an anti-inflation basket of everyday essentials at deeply discounted rates, so the finance minister of France encouraged them to...
‘SPAR For You’ Is Launched By Colruyt Group For B2B Clients
The B2B clients of Belgian retailer Colruyt Group have been given priority in the introduction of a new food service called SPAR For You. SPAR For You now gives customers the choice of adding...
Dynamic pricing at Casino hypermarkets, more expensive products on Sundays
Casino hypermarkets are testing a so-called “dynamic” pricing system by offering more expensive products on Sundays. Consumer expert Olivier Dauvers has revealed this practice, which can see certain products increase by 15 to 40%...
Aldi will no longer be found in Danish market
Aldi, the supermarket operator, has sold a significant portion of its Danish locations to other businesses as it gets ready to exit the country’s market. The most recent news comes after Norwegian-owned supermarket Rema1000...
B&Q ends its partnership with Asda to concentrate on smaller-format stores.
B&Q has made the decision to sever its relationship with Asda and shut down eight concessions around the UK in order to concentrate on launching more compact, high street fascias. As B&Q concentrates on...
China- Carrefour tries a new community shopping approach.
Carrefour China, a subsidiary of Suning.com, intends to transform its dwindling hypermarkets into community shopping centers with family-friendly services and to modernize its supply chains after shutting several underperforming locations in certain cities around...