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Latest News
FRASERS TAKES OVER HARVEY NICHOLS AS LUXURY RETAILER FACES TOUGH TURNAROUND
Frasers Group has acquired Harvey Nichols out of administration, taking control of the iconic British luxury retailer and more than 1,000 employees. The acquisition, completed on 13 August, gives Frasers control of Harvey Nichols’...
ALGERIA AND IRAQ: THE HIGHEST FOOD DEFICITS RELATIVE TO GDP
By Riad Beladi The world’s biggest food-importing countries are not necessarily the countries most dependent on imported food. A ranking based on net food exports minus imports, excluding fish, shows China with by far...
WHO BUYS THE MOST FOOD? THE COUNTRIES MOST DEPENDENT ON GLOBAL FOOD MARKETS
The global food trade is increasingly shaped not only by the countries that produce the most food, but by the countries that have to buy it from the rest of the world. A new...
ELECTRONIC SHELF LABELS GO MAINSTREAM: FROM PRICE TAGS TO THE DIGITAL BRAIN OF THE SUPERMARKET
Electronic shelf labels are moving rapidly from a technology trial to a core part of supermarket infrastructure. Across Europe, major retailers are replacing millions of paper price tags with connected digital labels that can...
UK Supermarkets Absorb Costs as Competition Pushes Margins to the Limit
Britain’s supermarket price war is doing something that would have seemed unlikely only a few years ago: retailers are absorbing more of their rising costs rather than passing the full increase on to shoppers....
CARREFOUR’S ROMANIAN BUSINESS HITS RECORD FRESH-PRODUCE DEMAND AS LOCAL FOOD TAKES CENTRE STAGE
Carrefour Romania is seeing a powerful shift in consumer demand, with sales of Romanian-grown fruit and vegetables from its partner cooperatives jumping 60% in the first half of 2026. The result is significant because...
ALIBABA’S HEMA SUPERMARKET RETREAT: CHINA’S HIGH-TECH GROCERY DREAM FACES A MAJOR RESEt
Alibaba is pulling back further from physical supermarket retail as its Hema operation faces another wave of closures, highlighting the brutal reality of China’s grocery market. A report published on 12 August 2026 says...
GROCERY OUTLET RESULTS: IS THE DISCOUNT SUPERMARKET HEADING FOR ANOTHER SHOCK?
Grocery Outlet reports its second-quarter 2026 results after the market closes today — and the numbers could reveal whether the struggling discount retailer is finally turning the corner or heading into another difficult period....
THE $32 MILLION FOOD SCANDAL: TAYLOR FARMS EXECUTIVE ACCUSED OF MASSIVE THEFT
One of America’s biggest fresh-food suppliers is facing a serious corporate scandal after a former senior executive was accused of diverting more than $32 million from the company. The allegations centre on Brian Thure,...
HOMEPLUS CRISIS: 67 SUPERMARKETS REOPEN AS SOUTH KOREAN RETAILER FIGHTS FOR SURVIVAL
Homeplus is reopening 67 supermarkets in South Korea tomorrow after a dramatic month-long shutdown — but the retailer is far from out of danger. The country’s second-largest hypermarket chain temporarily closed the 67 stores...