Convenience Stores & Gas Stations Industry News

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Russian retail chain X5 net sales up in first quarter

18 May 2012 | By RBR Staff Writer

Russian major food retailer X5 Retail Group has posted 4.1% rise in net sales to RUB117.14bn ($3.76bn), in rouble terms in the first quarter of 2012. In terms of US dollar, net sales grew 0.7% to $3.87bn from $3.84bn.
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Carrefour launches Mon Panier mobile shopping service

17 May 2012 | By RBR Staff Writer

French retail major Carrefour’s convenience store arm, Carrefour City, has launched a mobile grocery shopping service based on retail NFC and contactless specialist Airtag's Airshop solution.
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Convenience store chain Lawson plans China, Southeast Asian expasnion

16 May 2012 | By RBR Staff Writer

Japan-based convenience store chain Lawson plans to increase store count in China and intends to expand its retail footprint in other parts of Asian countries, especially in the Southeast.
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Discount retailer Aldi plans Houston foray with 30 new outlets

15 May 2012 | By RBR Staff Writer

Discount retailer Aldi plans Houston foray with 30 new stores over the next three years. The store openings are expected to bring 400 new jobs.
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Spartan Stores pilots Valu Land grocery stores in Michigan, US

09 May 2012 | By RBR Staff Writer

Michigan-based grocer Spartan Stores is piloting a new, small-format store called Valu Land, which may offer some competition to Save-A-Lot grocery shops.
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Calata Corporation to set up nationwide retail chain in Philippines

04 May 2012 | By RBR Staff Writer

Calata Corporation, a Philippines-based agricultural firm that distributes agro-chemicals, fertilizers, feeds, seeds and veterinary medicines, plans to set up a nationwide chain of one-stop convenience stores for agricultural products.
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Produce for Kids partners with 16 US grocery chains

02 May 2012 | By RBR Staff Writer

Produce for Kids, a US-based philanthropically based organization, has partnered with 16 supermarket grocery chains nationwide for its annual Get Healthy, Give Hope campaign to raise money for children’s hospitals.
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Kedai Rakyat 1Malaysia stores to open in Kuching, Malaysia

30 April 2012 | By RBR Staff Writer

Kedai Rakyat 1Malaysia (Kr1m) is set to open first two stores in Fifth Mile and Medan Hamidah in the city of Kuching, Malaysia by the end of June this year.
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Mexican retailer Soriana sales up in Q1

30 April 2012 | By RBR Staff Writer

Organizacion Soriana, a Mexico-based retailer, has reported a 10% increase in sales to MXN23.58bn ($1.82bn) in the first quarter (Q1), compared to the same period a year ago.
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Suburban Propane to buy Inergy retail propane operations

27 April 2012 | By RBR Staff Writer

New Jersey-based fuel distributor Suburban Propane Partners has reached a definitive agreement to acquire the retail propane business of Inergy for $1.8bn.
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Scotmid to expand despite fall in profits

26 April 2012 | By RBR Staff Writer

Scotmid, an Edinburgh-based co-operative with more than 330 retail outlets, plans expansion despite facing significant challenges in core trading areas - Scotland, Northern Ireland and the North of England.
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Russian food retailer O'Key revenue up in 2011

26 April 2012 | By RBR Staff Writer

Russian food retailer O'Key has reported a 12.7% growth in total revenue to RUB93.13bn ($3.17bn) in the year ended 31 December 2011, compared to RUB82.66bn ($2.81bn) in the previous year.
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Russian retailer Dixy revenue surges 93.1% in Q1

25 April 2012 | By RBR Staff Writer

Dixy Group, a Russia-based grocery chain, has reported a 93.1% growth in consolidated revenues to RUB34.7bn ($1.17bn) in the first quarter (Q1) of 2012, compared to the same period a year earlier.
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Russian grocer Magnit profit soars in first quarter

24 April 2012 | By RBR Staff Writer

Russian grocery store chain Magnit has reported a whopping 167.25% growth in net income to RUB4.77bn ($157.69m) in the first quarter of 2012, compared to RUB1.78bn ($61.01m) in the prior year quarter.
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Russian food retailer X5 sales up 32.6% fiscal 2011

20 April 2012 | By RBR Staff Writer

X5 Retail Group, a Russia-based major food retailer, has reported a 32.6% increase in fiscal 2011 net sales to RUB454.19bn or 37% in US dollar terms to $15.46m, compared to the previous fiscal year.
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