The Office of Fair Trading (OFT) in the UK has decided to drop certain allegations against Tesco as part of its Dairy investigation, at the same time as agreeing a penalty discount in recognition of Tesco...

Last week Asda fired the final shot in the supermarket price wars with a worldwide first that harnesses the power of the internet to guarantee the lowest price to its shoppers. The Asda Price Guarantee...

US supermarket group Bi-Lo has indicated that it expects to emerge from Chapter 11 bankruptcy protection in May, after a South Carolina court approved its reorganisation plan.BI-Lo, which operates 207...

Woolworths Ltd lowered its full-year sales outlook last friday in the face of food deflation and weakening consumer sentiment, despite posting a 4.7% increase in third-quarter sales.For the three months...