Food Retail & Distribution

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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.

Carrefour SA announces closure of its five stores in India

Monday, 7 Jul 2014 12:35pm EDT

Carrefour SA:Intents to close its five cash & carry stores in India, where Carrefour has operated since 2010.Closure of Carrefour`s business in India will be effective at end of Sept. 2014.Until that time, company will continue to be fully engaged with all its employees, suppliers, partners and customers to ensure a smooth transition.

POPLAR CO Ltd to dissolve and forgives debts for subsidiary

Friday, 4 Jul 2014 01:00am EDT

POPLAR CO Ltd:Says to dissolve a Hiroshima-based subsidiary, which has been engaged in operation of drug stores business, and the liquidation will be in September.To forgive debts of 470 million yen borrowed by the subsidiary, expected effective in September.

LIFE to merge with wholly owned subsidiary

Friday, 27 Jun 2014 02:00am EDT

LIFE CORP:To merge with wholly owned subsidiary NIHON FOOD CORPORATION, which has been engaged in production and sale of food in Tokyo, effective March 1, 2015.NIHON FOOD to be dissolved with the company as surviving company.

Carrefour SA to exit the India market-Business Standard

Thursday, 5 Jun 2014 10:22am EDT

Carrefour SA:Is exploring the option to exit the India market, following a slowing in its business at home and the new government's opposition to foreign investment in multi-brand retailing-Business Standard.The company has reportedly engaged KPMG for helping it sell the India assets.


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Provider: Bohai Securities Co.,Ltd.
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