Metro profits up and expansion likely
The Metro Group, the parent of Macro cash and carry stores and the world’s No.4 retailer, has seen its net profit more than double for the 2010 year, while its sales rose modestly. The Group is set to continue to look for growth in emerging markets across the world.
ACS launches 2011 achievement award
ACS is calling on the retail industry’s rising stars to compete for the 2011 Achievement Award and the opportunity to be mentored by two of the biggest names in the sector.
UK confectioners downsize to beat VAT increase
According to UK media reports, large confectionery manufacturers are cutting the size of chocolate bars to preserve profits in the face of the UK VAT increase and high ingredients costs.