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Hypermarkets need to innovate to protect margins, says Datamonitor Retail

The reign of hypermarkets is under threat from a variety of sources and retailers urgently need to adapt and innovate to protect margins, finds Verdict’s global arm Datamonitor Retail.A new report by the independent retail analyst has revealed that...

Walmart to create 10,000 jobs in Chicago by 2015

Walmart has recently opened two new stores in Chicago; these stores will put the company well on its way in creating 10,000 jobs in the city by 2015. Chicago's Walmart Express stores will be less than 30,000 sq. ft...

Asda on expansion spree

Asda is set to open 168 stores in 2011, adding 1.8m sq ft of retail food space in, the largest single year of growth in its history. The additional space is a combination of planned organic growth and the...

ALDI debuts in New York

Discount supermarket chain ALDI has opened its first store in New York City at 61-11 Junction Blvd in Rego Park. “ALDI will continue to offer its same incredibly low prices every single day,” says Bruce Persohn, divisional vice-president for...

Fresh & Easy announces ten new California stores

Tesco-owned Fresh & Easy Neighborhood Market announced plans to open ten stores in southern California early next year, bringing fresh, wholesome food at affordable prices to even more neighbourhoods. The company expects to hire more than 210 employees for...

Supervalu sells Bristol Farms

Supervalu, one of the largest grocery retailers in the United States, has announced the sale of its Bristol Farms division (14 stores) to a company formed through a partnership with the Bristol Farms management team and Endeavour Capital, an...

Online Groceries Strike Back

Way back at the turn of the last century – 1999, to be exact – one of the hot topics in the U.S. supermarket industry was online grocery shopping. Peapod had recently expanded, Webvan had raised hundreds of millions...

Nuts ‘n’ Spices looks beyond Chennai

Chennai-based chain of grocery stores, Nuts 'n' Spices, is planning to launch its first store in Coimbatore post Diwali. This would be the retial chain's first store outside Chennai, where it currently operates 15 outlets. Confirming the development, Sunil...

NRF forecasts U.S. holiday sales rise of 2.3 per cent

After a ho-hum 2009 and a disastrous 2008, U.S. holiday retail sales are expected to increase a more moderate 2.3 per cent this year to $447.1 billion, according to the National Retail Federation. While that growth remains slightly lower...

Nutritional Tour De Force

As a nation, Americans are literally bursting at the seams. Obesity is a national health threat and, according to the Centers for Disease Control and Prevention (CDC), an increasing challenge to public health in the last decade. The Atlanta-based...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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