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Morrisons' H1 Profits Slide

UK-based retailer Morrisons' underlying profits declined 10% year-on-year (y-o-y) to GBP401mn (US$634.14mn), while its pre-tax profits dropped 22% y-o-y to GBP344mn (US$544mn) in H113/14 ended August...

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Alcea Buys Walmex's Restaurant Business

If there is a US restaurant chain operating in Mexico, there is a good chance that it is run by Alcea. It has franchise agreements with Domino's Pizza and Burger King in fast food, P.F. Chang's China...

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Ahold Cuts Prices At Albert Heijn

Netherlands-based retailer Ahold has permanently reduced the prices of several products sold at its supermarket chain network Albert Heijn in an effort to attract customers who had switched to...

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