RETAIL CHAIN NEWS ON FASTMOVING

Mumbai - Britain's Tesco is set to become the first foreign supermarket to venture into India's $500bn retail sector after announcing it had applied to buy a 50% stake in Tata Group's Trent Hypermarket. read more

All 52 Tuskys supermarkets branches have been closed after employees downed their tools to protest at management's refusal to honour Collective Bargaining Agreement. - See more at: http://www.the-star.co.ke/news/article-147987/all-tuskys-supermarkets-closed#sthash.EmcTs6TJ.dpuf read more

Pick n Pay had appointed two new non-executive directors, Audrey Mothupi and David Friedland, the food retailer said yesterday.  read more

Giant retailer Nakumatt Holdings has invested Sh86 million on new customer service programmes among them a contact centre unveiled Friday. read more

According to Woolworths chief executive Ian Moir, the company always listens to what its shareholders say about executive remuneration, “especially those who have issues” with the subject. read more

London - Britain's Tesco, battling plunging profits in mainland Europe, is to sell off land around its stores in Poland for development to make the sites more attractive to shoppers.  read more

Uchumi supermarkets could grind to a halt next Wednesday if employees make good their threat to down their tools. The Kenya Union of Commercial Food and Allied Workers has issued a strike notice dated October 9 to pressurise the supermarket chain's management to meet workers' demands for higher pay. read more

Nakumatt is targeting new sales within the hospitality industry by offering select label products like furnishings, decorative accessories, bath towels, bed and table linen. according to the supermarket chain's business development manager Neel Shah. read more

VENTURES AFRICA – Nakumatt Holdings Ltd, a Kenyan supermarket chain, has began talks to sell almost a quarter of its shares to foreign investors to aide its expansion plans across East Africa. read more

Mr Delivery opts for three wheels, times 60 Mr Delivery has acquired 60 Mahindra three-wheeler vehicles, fitted with specially designed, lockable canopies, to service a new contract for the Pick n Pay Online Shopping delivery service, which operates from a number of hubs in the country.  read more

French retail giant Carrefour SA said Wednesday it has teamed up with African distribution company CFAO to expand its presence in Africa, as the grocer seeks to reinforce the global footprint of its name. read more

REDLANDS, Calif. -- Esri announces that Carrefour Group, the second-largest retailer in the world with nearly 10,000 stores around the globe, has implemented an enterprise-wide marketing solution from Esri partner Galigeo.  read more

Marks & Spencer Group Plc (MKS), the U.K.’s largest clothing retailer, said annual profit fell 5.8 percent as consumers spent less on its fashion goods, even as food sales increased.  read more

Kenya's Uchumi Supermarkets will open 13 new stores over the next year as East Africa's sole listed retailer prepares for a cash call and a cross listing of its shares, its chief executive said on Tuesday. read more

Johannesburg - Shares of South African retailer Massmart tumbled more than 3 percent on Monday, after the Walmart unit warned it may fall short of its profit target this year, squeezed by weak consumer spending. read more

South African grocery retail giant, Pick n Pay, has completed the takeover of OK Grocer at Keetmanshoop.  read more

WalMart’s Mexican unit used a current state governor there to facilitate $156 000 (R1.4 million) in bribes meant to help open stores, an ex-lawyer for the retailer told company officials in 2005, according to documents released by members of the US Congress. read more

Game Africa, a South African retail chain, is set to open its first outlet in Kenya, intensifying competition in the retail sector. read more

Retailer Pick n Pay opened its first supermarket in Kamfinsa, Zimbabwe, on Thursday.  read more

Nyon, Switzerland, 27 April 2012: UNI Global Union welcomed the signing of an historic first collective agreement at Carrefour Colombia that it says should serve as a new model for labour relations in the country. Along with the gains for Carrefour Colombia the workers, the agreement is notable for the fair and secure organising collective bargaining process that created it.  read more

The UK’s largest retailer Tesco has announced plans to expand on-line supplier collaboration in an effort to reduce supply chain carbon emissions  read more

UK retailer Marks & Spencer has been hit by stock shortages caused by what the group’s CEO referred to as ‘not perfect buying’ read more

Woolworths Australia has been in discussions with local retailer Pick n Pay with a view to buying a stake in the group, according to local sources. read more

Shprite Holdings , Africa’s largest food retailer, plans to use a substantial portion of the R8bn it is raising in a sale of stock and convertible bonds to repay debt.  read more