CENCOSUD evaluating IPO for its malls subsidiary
CEO Jaime Soler said in a conference with investors that the Chilean multi-format operator is working with investment bank BTG Pactual on a feasibility study, expected to be concluded in June
EROSKI pushes local sourcing in Galician outlets
Spanish grocery co-operative Eroski is to ramp up promotion of locally sourced produced at its 99 supermarkets and five hypermarkets in the region. Eroski purchases from more than 600 Galician suppliers, amounting to about EUR410 million in 2014 The campaign runs until April 29 and will be repeated in August..
AXEL JOHNSON invests in online business PinMeTo
D-ax, a collaboration between Axel Johnson AB and net entrepreneurs Recapex, is to invest in PinMeTo, a service enabling companies to build a local online presence and achieve higher digital marketing results for omni-channel campaigns..
Authorities rule against EDEKA KAISER’S TENGELMANN deal
After much speculation, German cartel authorities have prohibited the acquisition of Kaiser’s Tengelmann supermarket chain by the country’s biggest grocery retailer Edeka
PUBLIX introduces instore help for hard-of-hearing
Publix Supermarkets is equipping more than 1,000 of its stores -- including one on Longboat Key and two in Venice -- with new technology that will help customers with hearing loss to better navigate its aisles