Supermarkets
Carrefour CEO eyes higher profits under core markets refocus
Retailer aims for 3.2% operating margin by 2028 and 3.5% by 2030
A family fights to keep control of 157-year-old firm in Japan
Nearly half of Japan’s listed companies are tied to a founding family, many of which no longer have enough equity to guarantee control
Australia to enforce new food pricing rules in crackdown on Coles and Woolworths
Both companies have said they have absorbed rising supplier costs and offered discounts to ease pressure on customers
Sheng Siong ends 6.5% higher at record closing price on improved Q3 earnings
The surge comes amid higher third-quarter net profit and its recent expansion moves
Hao Mart proposes settlement to Taste Orchard tenants, asks for details of unamortised unit fit-out costs
They will also have their security deposits refunded, and have been asked to provide estimated reinstatement amounts, with waivers subject to assessment
From mala to mall: 5 ways Singaporeans are swiping more in Johor
Transactions are up sharply even as the average ticket size dips, suggesting consumers are crossing the Causeway more often and buying more frequently
How FairPrice is making sustainability part of the shopping basket
It has a three-pillar strategy built on low-carbon operations, waste reduction and supplier enablement
Hao Mart’s Taste Orchard lease terminated by landlord OG; premises to be returned by Dec 31
Tenants at the food-focused mall say they were blindsided by the news, with some having up to two years left on their leases
Australian grocer Woolworths posts 19% drop in annual profit
AUSTRALIA’S Woolworths Group reported a 19 per cent drop in its full-year underlying profit on Wednesday, as lower spending by customers grappling with higher cost of living impacted its Australian Fo...
Kroger lays off 1,000 corporate workers in cost-cutting move
Supermarket operators have posted healthy sales in recent quarters as cash-strapped consumers prioritise groceries and essential goods while trimming discretionary purchases