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Food Retail & Distribution

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Russia's X5 says Q3 net retail sales up 25 pct y/y

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Russian food retailer X5 Retail Group NV says::Total net retail sales up 24.9 percent year-on-year in Q3 2017 to 317.1 billion roubles ($5.5 billion);​.Q3 like-for-like sales up ‍4.6 pct y-o-y with traffic up 2.5 percent and basket up 2.0 percent.​.

Ica gruppen says ‍store sales increased by 4.4% in September​

Monday, 9 Oct 2017

Oct 9 (Reuters) - Ica Gruppen Ab says::Sales in the Swedish ICA stores increased by 4.4 percent in September 2017 compared with the corresponding month last year..Says ‍sales in like-for-like stores increased by percent.​.

Wal-Mart- Commenced cash tender offer for up to $8.5 bln

Friday, 6 Oct 2017

Oct 6 (Reuters) - Wal-Mart Stores Inc :Wal-Mart Stores, Inc. announces cash tender offer for certain of its outstanding debt securities.Walmart - ‍ has commenced a cash tender offer for up to $8.5 billion aggregate purchase price​.Walmart - ‍tender offer will expire at 11:59 p.m., New York City time, on November 3, 2017​.

Sysco: CEO's FY2017 compensation $15.1 mln vs. $14.1 mln in FY2016

Friday, 6 Oct 2017

Oct 6 (Reuters) - Sysco Corp :Sysco Corp says CEO William Delaney‍​'s FY 2017 total compensation was $15.1 million versus $14.1 million in FY 2016 - SEC filing.Sysco Corp says COO Thomas Bené's FY 2017 total compensation was $5.8 million versus $5.4 million in FY 2016.Sysco Corp says CFO Joel Grade's FY 2017 total compensation was $4.2 million versus $4.1 million in FY 2016.

Tesco turnaround "firmly on track" - CEO

Wednesday, 4 Oct 2017

Oct 4 (Reuters) - Tesco :CEO says turnaround "is firmly on track".CEO says inflation in business "running at about 1 percent below peers".CEO says return of dividend a "significant milestone in recovery of business".CEO says does not expect inflationary situation in H2 to change from H1.CEO says "comfortable" with analysts' consensus profit forecasts for 2017-18 of about 1.5 billion stg.CEO "remains confident" Booker <<>> transaction "completely on track".CEO says "was shocked as anybody" by recent Two Sisters chicken food safety issue, says immediately investigated.Shares up 1.8 percent after 27 percent rise in H1 profit, return of dividend.

Sultan Center Food Products updates on co's plan to divest non-core assets

Sunday, 1 Oct 2017

Oct 1 (Reuters) - SULTAN CENTER FOOD PRODUCTS COMPANY ::RECEIVES PURCHASE OFFER FOR CO'S INVESTMENT IN AN OIL AND GAS ASSOCIATE CO, AS PART OF CO'S PLAN TO DIVEST NON-CORE ASSETS.SAYS BOARD APPROVES SALE OF INVESTMENT IN RIVIERA HOLDING.

Nishimoto announces listing on TSE

Friday, 29 Sep 2017

Sept 29(Reuters) - Nishimoto Co Ltd <9260.T>:Says its stock began listing on Tokyo Stock Exchange (TSE) First Section on Sept. 29.

Walmart says some facilities to close starting Sept 8 due to Hurricane Irma

Friday, 8 Sep 2017

Sept 8 (Reuters) - Wal-mart Stores Inc ::Walmart says ‍due to Hurricane Irma's impact on Florida, some facilities will close or adjust hours of operation starting Sept 8 and through weekend​.

Cec International says Coils Electronic Co and Good On Properties enter provisional agreement

Friday, 8 Sep 2017

Sept 8 (Reuters) - Cec International Holdings Ltd <0759.HK>:vendor and purchaser entered into provisional agreement on 6 september 2017 in relation to disposal for a consideration of hk$52 mln.Coils Electronic Co, Good On Properties enter provisional agreement on 6 sept in relation to disposal of an investment property.

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