Food Retail & Distribution

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Dixy Group OAO updates on restructuring-Interfax

Friday, 10 Oct 2014 07:00am EDT

Dixy Group OAO:Dixy's consolidation of 100 percent of Victoria-Baltiya in Kaliningrad will cost 21.21 billion Russian rubles, show Dixy materials for an extraordinary shareholders meeting that will discuss the deal-Interfax.The nominal value of the stake is 31.1 million rubles.Dixy Group will sell the shares to CJSC Dixy Yug.Earlier as part of a program of optimization, Dixy reduced the number of companies in the group from 73 to 27 at the beginning of last year.This year the retailer plans to reduce further to 18 and merge operating companies responsible for the development of the Dixy chain and the Megamart division.

Kesko seeks more competitive multi-channel home and speciality goods trade

Wednesday, 24 Sep 2014 02:02am EDT

Kesko Oyj:Seeks more competitive multi-channel home and speciality goods trade.Plans combination of building and home improvement trade with home and speciality goods trade, as well as integration of non-food part of K-Citymarket chain into Kesko Food operations.Says changes will be planned in more detail and required cooperation negotiations will be conducted during rest of 2014.

Axfood Narlivs concentrates operations for independent convenience stores

Wednesday, 10 Sep 2014 08:10am EDT

Axfood AB:Says Axfood Narlivs concentrates operations for independent convenience stores.Says is to start negotiations regarding centralisation of the inside sales offices for independent convenience stores to Satra in Stockholm.Says centralization will involve phasing out the sales offices in Malmo, Trollhattan and Skelleftea.Says a total of 15 positions are affected.Says negotiations with the trade unions will start as soon as possible.

Axfood Snabbgross to move product supply

Tuesday, 2 Sep 2014 08:35am EDT

Axfood AB:Product supply for Axfood Snabbgross will be relocated from Orebro to Jordbro and Goteborg.Says additionally, store support for Axfood Snabbgross will be moved from Orebro to Jonkoping and Backa.Says operations in Orebro will be focused entirely on convenience retailing.Says the changes will affect 33 positions in Orebro.Says the affected employees will be offered employment at the new locations.Says, some natural attrition may occur.

Dixy Group OAO to liquidate some branches

Wednesday, 30 Jul 2014 10:42am EDT

Dixy Group OAO:Board of Directors of Dixy group decided liquidate branches of the company.Those branches are: Moscow region Branch, Sankt Petersburg Branch, Yaroslavl Branch, Chelyabinsk Branch, Ryazan Branch, Moscow Branch, Kaskad Branch.Date of this decision- July 30.

Mitsubishi Shokuhin Co Ltd to merge with subsidiary

Wednesday, 23 Jul 2014 03:00am EDT

Mitsubishi Shokuhin Co Ltd:To merge with wholly owned subsidiary, engaged in real estate management, based in Tokyo, effective Sep. 1.Subsidiary to be dissolved.

MINISTOP CO LTD to merge with wholly owned subsidiary

Friday, 18 Jul 2014 02:00am EDT

MINISTOP CO LTD:To merge with wholly owned subsidiary RECODS, engaged in health care station and life support station business, effective Sep. 1.RECODS to be dissolved.


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Provider: Bohai Securities Co.,Ltd.
Provider: Wright Reports
Provider: Wright Reports
Provider: GlobalData
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