Bloomberg Majid Al Futtaim Holding LLC, an operator of French retailer Carrefour SA outlets, plans to boost its presence in Kenya as it looks to expand into eastern and southern Africa. Growing the franchisee in Africa will boost competition for the likes of Shoprite Holdings Ltd, the continent’s biggest grocer, and Walmart Inc’s Massmart Holdings Ltd. Those companies are looking ...

Bloomberg Whole Foods Market says it will lower prices on hundreds of grocery items this week, the latest effort to reshape the grocer’s pricey image under Amazon.com Inc. The Seattle retail giant touted a round of price cuts immediately after buying Whole Foods in August 2017 and over the last year worked to roll out grocery delivery from store locations ...

Bloomberg Superdry Plc shares plunged as its board and top management resigned following a shareholder vote to bring back co-founder Julian Dunkerton at the helm of the UK apparel retailer. Chairman Peter Bamford, Chief Executive Officer Euan Sutherland and Chief Financial Officer Ed Barker will leave immediately, the company said. Dunkerton will take over as interim CEO and join the ...