FRANCE: Rogue shareholder Knight Vinke Asset Management has slammed Carrefour's recent performance as a "débâcle" and has demanded the French retail giant appoint a new independent chairman as soon as possible. Lars Olofsson is both chairman and...
Up to 100 Waitrose products will be hitting the shelves of a small New Zealand grocer called Nosh Food Market this Christmas. The two companies have signed a partnership deal that will bring Waitrose products to six Nosh stores.
Carrefour has slashed its full-year profits forecast as consumers continue to turn away from its hypermarkets. The supermarket giant said it expected 2011 operating profits to be down 20% compared with its previous forecast of a 15%...
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