(3 July 2009) In FY 2008/09, Danisco posted revenue of DKK 13.0 billion ($2.46 billion), up 6% year on year (4% organic growth). EBIT before share-based payments and special items came in at DKK 1,248 million, and group profit for the period closed at DKK 72 milli...
The board of Chilean department-store chain La Polar has rejected a proposed merger with local supermarkets chain Supermercados del Sur, operated by Latin American private equity fund Southern Cross, La Polar told the local securities regulator.
Intermarché Spain has signed an agreement with Bon Preu, a supermarket chain from Catalonia, to sell off its 52 supermarkets. The retailer has been present in Spain since 1988, but was never quite able to apply its operational model to Spain.
Following an announcement by the Competition Commission that it had started investigating major South African supermarket chains for possible contraventions of the country's Competition Act, supermarket group Spar announced that is has nothing to hide.
Wesfarmers Ltd, owner of Australian grocery chain Coles is transferring 45 supermarkets and eight Liquorland stores to the independent food and grocery retail group, FoodWorks.
Coles operates around 760 stores in Australia and the move is part of its broader plan to improve its overall network.
Tesco Personal Finance (TPF) and Fortis UK have announced that they are in exclusive discussions to form a new partnership to provide motor and household insurance.
Rewe Group has announced plans to reduce its annual CO2 emissions of 2.5 million tons by 30 per cent by 2015. Compared to the 2006 reference year, the CO2 emissions per square metre of sales floor area will thus be reduced from 320 kg to 224 kg.
