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Carrefour To Buy 47 SuperCor Stores In Spain

Carrefour has reached an agreement with El Corte Inglés to buy 47 stores under the SuperCor banner in Spain, for an enterprise value of €60 mil...

French Supermarkets To Demand Food Groups Cut Prices By Up To 5%

Supermarket groups in France could demand price cuts of 2% to 5% from food manufacturers in upcoming annual negotiations, the head of retailer Les Mousquet...

FrieslandCampina Restructures Business To Boost Performance

Dutch dairy cooperative FrieslandCampina plans to reshape its business structure as it seeks to improve performance.

UK's Ocado Retail Keeps Outlook As Quarterly Sales Rise

British online supermarket Ocado Retail maintained its full-year outlook as it reported a step-up in revenue growth in its latest quarter, helped by a retu...

Irish Grocery Inflation Falls For Fourth Month In A Row, Kantar Says

Grocery price inflation in Ireland, which stands at 11.5% in the 12 weeks to 3 September, dropped for the fourth month in a row and reached its lowest leve...

UK's Mondi To Sell Russian Plant To Sezar Invest For About €770m

Mondi has agreed to sell its largest plant in Russia to a unit of Sezar Group, a Moscow-based real estate development firm, for RUB 80 billion (€770 m...

Coffee Firms Won't Be Ready To Comply With EU Deforestation Law: Report

Most global coffee firms will not be ready to comply with the European Union's new law preventing imports of commodities linked to deforestation, and small...

Russia's Magnit Fully Completes $507m Buyback Of Blocked Shares

Russian retailer Magnit said it had fully completed a deal to buy back blocked shares from Western investors at a 50% discount by purchasing shares held th...