INDIA: Carrefour has landed properties of up to 100,000 sq ft apiece in New Delhi, Bangalore, Chennai and Hyderabad. The French retailer is also after a site in Mumbai and is expected to open five cash & carry stores before the end of 2010.
The first will open in New Delhi this July with a 20-year lease. Carrefour WC&C India will run the cash & carry businesses and Carrefour Master Franchise Co will handle the retail business.
US: Walmart plans to donate up to $2bn over the next five years in response to pleas from food banks struggling to meet demand. The money will go towards buying more food, with $250m set aside to help operational efforts such as buying refrigerated trucks to aid distribution. Hunger relief was now the retailer's main charitable focus, Walmart Foundation president Margaret McKenna said.
CANADA: Empire Company, Canada's second-largest grocer, plans to open eight discount food stores following the success of those opened by rival Loblaw over the past two years. The chain will be launched under the FreshCo banner, selling fresh produce and meat "at the lowest price", as well as ethnic products. It will also look to challenge Walmart Canada, which continues to cut prices on staple products.
SWITZERLAND: Kraft Foods World Travel Retail has been restructured to drive the combined growth of Kraft Foods World Travel Retail and Cadbury International Travel Retail. Andreas Fehr is the new MD of the combined business, having headed the Kraft arm since 1998.
Fehr has spent 16 years with Kraft and more than 20 years in the duty-free industry. Thomas Bodenmann joins him as director of WTR Europe, with Natalia Sanz as marketing manager. Joanne Willey remains on the WTR leadership team until a "later stage".
CANADA: George Weston, the food and retail conglomerate, posted a 2.2% rise in first-quarter sales to $7.2bn. EBITDA rose 78.8% to $438m. "The company is continuing to reduce costs and is focused on growing sales by optimising product mix and product innovation," it said.
The first will open in New Delhi this July with a 20-year lease. Carrefour WC&C India will run the cash & carry businesses and Carrefour Master Franchise Co will handle the retail business.
US: Walmart plans to donate up to $2bn over the next five years in response to pleas from food banks struggling to meet demand. The money will go towards buying more food, with $250m set aside to help operational efforts such as buying refrigerated trucks to aid distribution. Hunger relief was now the retailer's main charitable focus, Walmart Foundation president Margaret McKenna said.
CANADA: Empire Company, Canada's second-largest grocer, plans to open eight discount food stores following the success of those opened by rival Loblaw over the past two years. The chain will be launched under the FreshCo banner, selling fresh produce and meat "at the lowest price", as well as ethnic products. It will also look to challenge Walmart Canada, which continues to cut prices on staple products.
SWITZERLAND: Kraft Foods World Travel Retail has been restructured to drive the combined growth of Kraft Foods World Travel Retail and Cadbury International Travel Retail. Andreas Fehr is the new MD of the combined business, having headed the Kraft arm since 1998.
Fehr has spent 16 years with Kraft and more than 20 years in the duty-free industry. Thomas Bodenmann joins him as director of WTR Europe, with Natalia Sanz as marketing manager. Joanne Willey remains on the WTR leadership team until a "later stage".
CANADA: George Weston, the food and retail conglomerate, posted a 2.2% rise in first-quarter sales to $7.2bn. EBITDA rose 78.8% to $438m. "The company is continuing to reduce costs and is focused on growing sales by optimising product mix and product innovation," it said.
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