Chile plans to grab a slice of the Gulf region’s lucrative halal food industry, which is estimated to be worth around $45 billion (Dh165bn), by exporting fresh meat products that have been prepared
Investment funds advised by Levant Capital Limited (Levant Capital) and Citi Venture Capital International (CVCI) have jointly acquired a controlling stake in Al-Raya For Foodstuff Company Limited (Al
Nigeria has the potential to become as big a retail market for South Africa's Shoprite as its home base, the head of the supermarket chain said on Tuesday, playing down concerns of rising poverty in A
Wal-Mart Stores Inc's price cuts hurt its fourth-quarter profit, reminding investors that steps the world's largest retailer is taking to bring back shoppers do come at a cost.
Al Meera Consumer Goods Co, which recently struck a deal to franchise French retailer Casino's Geant hypermarkets in the parts of the Gulf, will explore financing options to fund its expansion plans.
Coca-Cola Femsa SAB, the largest publicly traded Coke bottler, is in talks to buy control of the Coca-Cola Co’s unit in the Philippines in what would be its first acquisition outside Latin America.
Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world's largest retailer seeks new revenue sources to fend off rising competition in th
L'Oreal Chief Executive Jean-Paul Agon pledged to hand back half the stock options he received in 2010 and halt the French company's use of them altogether, a local newspaper reported.
India’s consumption will continue to grow at a slower pace before rebounding, said chief executives of Hindustan Unilever Ltd and PepsiCo India Holdings Pvt.
HJ Heinz Co posted higher-than-expected quarterly profit on Friday, helped by growth in emerging markets, and narrowed its full-year outlook, sending its shares up 2.5 per cent.
