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Dutch grocery giant Ahold has reported a 2.5% increase in third quarter sales to €6.9bn. Profits during the period rose 5.3% to €300m. It also performed particularly well in the US, where sales rose 8.5% to $5.8bn.
SAB Miller has announced new investments in Africa and Peru as it reported a 3% increase in half-year lager volumes. The brewer said it planned to invest $260m in increasing capacity at its subsidiaries in Uganda, Ghana, Zambia and Tanzania on the back of a 23% increase in half-year profits in its African operations.
Asda’s sales growth picked up pace slightly over the past three months, up 1.3% year-on-year. The figures, covering the period from 1 July to 30 September, mark an improvement on the 0.5% rise in like-for-like sales in the second quarter. The performance was described as “solid” by the supermarket’s US parent, Walmart.
You won’t miss it when you give it; but patients could miss it if you don’t.
The global grocery sector has few rivals when it comes to sheer size, growth rate and appetite. Here are the players leaving the rest of the competition behind
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