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... michel edouard leclerc, the head of eponymous french retailer e ... in june, the french finance ministry published a wide ranging package of changes in consumer law that includes plans to shorten contracts and affiliations, as well as non-competition periods for food retailers transferring between fascias ... " the proposed legislation needs to clear the french parliament before the end of the year, otherwise it will be overtaken by the 2012 presidential elections
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... sun art retail group, the chinese venture of french retailer auchan, is looking to strengthen its position as the country's largest hypermarket operator ... the retailer said it had 197 hypermarkets across china ... the rest are part of the rt-mart chain, set up by the french firm's taiwanese partner ruentex group in 1998 ... auchan and ruentex first announced plans for the listing in december in order to take the chinese retailer "to the next stage of development", the hypermarket operator said
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... casino today (4 july) insisted that a proposal to merge brazil's largest retailer cbd with carrefour's local operations needed its support to go through ... the french retailer, one of cbd's two controlling shareholders, has publicly opposed the plan since it was announced last tuesday ... the french firm also insists the gama-led proposal can only go ahead with the approval of wilkes, which is the holding company it formed with diniz to own the brazilian retailer ... the retailer, diniz said, had "so far, dared, hastily and emotionally to condemn a transaction with no analysis" ... casino owns 43% of cbd after upping its stake in the retailer from 37% on thursday
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... brazilian businessman abilio diniz has asked casino, his co-shareholder in the country's largest retailer cbd, to examine the proposal to merge the business with the local operations of carrefour ... the plan has angered french retailer casino, which has labelled the idea as "illegal" and hostile" ... casino then responded by pointing to a 2006 deal with diniz and said no discussions on "strategic projects" for cbd, brazil's largest retailer, could be held without the french firm's agreement and involvement ... the french retailer now owns 43% of the brazilian company
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... elsewhere in europe, carrefour's french troubles continued, uk ice-cream maker r&r ice cream looked to expand across the channel and nestle was linked to spanish firm cacaolat ... france: carrefour forecasts 35% fall in french profits carrefour, the french retailer, has forecast a 35% fall in half-year profits from its troubled domestic unit ... france: r&r eyes 3a ice cream unit uk-based r&r ice cream is planning to acquire the ice cream division of maison boncolac, part of french dairy co-operative alliance agro alimentaire, or 3a coop
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... carrefour, the french retailer, has forecast a 35% fall in half-year profits from its troubled domestic unit ... the world's second-largest retailer, which yesterday (16 june) appointed a new executive to lead its french business, confirmed today that it expects its operating profit in the market to drop 35% in the first half of 2011 ... a spokesperson for carrefour said the retailer had suffered from price competition from rival french retailers ... " yesterday, carrefour named noël prioux as the new executive director of its french operations ... he said, however, that the retailer had not issued a public forecast for its french business
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... brazilian retailer cbd has denied speculation that it is in negotiations with carrefour to merge their operations in the latin american country ... in a notice to the brazilian stock market yesterday (25 may), the retailer, which is also known as grupo pao de acucar, said that its shareholders casino and abilio diniz denied any negotiations with carrefour ... french retailer casino said that it was "unaware" of any negotiations until disclosed by the press and "did not authorise any third party to represent its interests in such negotiations"
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... "the very encouraging results we are seeing from carrefour planet, our new hypermarket concept, and the continued execution of our transformation plan, underpin our confidence that we are on track to achieve our goals" - carrefour ceo lars olofsson insists the french retailer's turnaround plan will be successful
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... meanwhile, the uk recovered from the four-day hangover of the royal wedding and may bank holiday, a period, which retailer morrisons said provided it with its two largest trading days of the year so far ... "neither of these developments is positive in our view and once again brings into question management's strategy and ability to 'flawlessly execute' its turnaround plan" - espirito santo analysts on carrefour's domestic head james mccann's decision to leave the company and the french retailer's plans to delay the listing of 25% of its property business
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... french retailer intermarche has launched a new own label that aims to become the "freshest distribution brand", supporting sustainable development while also retaining a value positioning
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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