Friday 22 May 2015
 
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supermarket

UK supermarket Sainsbury sees 17pc drop in profit

British supermarket Sainsbury's is expected to post its first annual profit fall since 2005, hurt by an industry price war that shows no sign of abating. Sainsbury's, along with rivals Tesco, Asda and Morrisons, is grappli

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UK supermarkets hit by fierce price war

Britain's fourth biggest supermarket Morrisons is expected to report its lowest annual profit in eight years, hurt by a fierce industry price war, and is likely to signal lower dividend payouts going forward. Last week Morriso

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Turkish group to buy supermarket chain Migros

Turkey's Anadolu Group has offered to buy a 40.25 per cent stake in supermarket chain Migros, marking a new growth area for the conglomerate. Migros said in a statement to the Istanbul stock exchange that Anadolu had offered p

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Turkish retail chain Kiler unveils big Qatar plans

Turkey's Kiler Holding has signed a MoU with Qatar-based Al Rayyan to open and operate Kiler supermarkets in Doha, the Turkish company's finance chief told Reuters in an interview. Under the agreement, Kiler and al Rayhan

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Bahrain's stores vow to keep prices down in Ramadan

At least 50 of Bahrain's top supermarkets and food distributors have signed a pledge to keep prices down during Ramadan.   The memorandum of understanding (MoU) is a commitment not to raise prices and actuall

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Choithrams to offer 1,000 Tesco products

Choithrams, a leading UAE based supermarket chain, will introduce over 1,000 Tesco products, following an exclusive agreement with Mena Holdings Group, Tesco’s exclusive distributor of private label for the Middle East and North A

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Spinneys to set up distribution centre at Kizad

Leading supermarket chain Spinneys has signed an agreement with Khalifa Industrial Zone Abu Dhabi (Kizad) to open a distribution centre with a dedicated cold storage facility at its logistics cluster. Kizad is a 418 sq km industri

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Spinneys to set up distribution centre at Kizad

Leading supermarket chain Spinneys has signed an agreement with Khalifa Industrial Zone Abu Dhabi (Kizad) to open a distribution centre with a dedicated cold storage facility at its logistics cluster. Kizad is a 418 sq km industri

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Spinneys to set up distribution centre at Kizad

Leading supermarket chain Spinneys has signed an agreement with Khalifa Industrial Zone Abu Dhabi (Kizad) to open a distribution centre with a dedicated cold storage facility at its logistics cluster. Kizad is a 418 sq km industri

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Jawad Group to take over 2 Waitrose stores

Two former Waitrose stores in Bahrain will reopen as Jawad-branded supermarkets by the end of this month, it has been revealed. The high-end supermarket's former outlets in The Centre in Nuwaidrat and Jawad Dome in Barbar will

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