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Tesco's sales fall while Aldi and Lidl consolidate

UNITED KINGDOM
Wednesday, July 01, 2015, 03:40 (GMT + 9)

Britain's biggest supermarket chain Tesco reported a fall in sales amounting to 1.3 per cent in its first quarter, lower than expected, whereas Morrisons, Aldi and Lidl achieved growth in their sales. According to the sector sources consulted by FIS.com, Tesco´s outcome is attributed to lower prices, better product availability and improved customer service. The first-quarter decline in Tesco’s sales also marks an improvement on the 1.7 per cent fall recorded in the fourth quarter of its previous financial year, Reuters reported. "Whilst the market is still challenging and volatility is likely to remain a feature of short-term performance, these first-quarter results represent another step in the right direction," Chief Executive Dave Lewis said in a statement. "We do feel we are more in control than perhaps we were a year ago and this is ano... FULL STORY

Nicaragua
First Latin American shrimp producer attains four-star BAP status
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Seajoy Group is Latin America’s first company qualified to offer four-star Best Aquaculture Practices (B... FULL STORY
Chile
Camanchaca presents its first sustainability report
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Compañía Pesquera Camanchaca SA has published its first Salmon Sustainability Report in order to... FULL STORY
Worldwide
World-first transfer of early juvenile yellowfin tuna to sea cage
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Kinki University, the Inter-American Tropical Tuna Commission (IATTC), and the Autoridad de los Recursos Acu&a... FULL STORY
European Union
EUR 4 million granted for ocean research
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The European Commission (EC) has awarded a grant of almost EUR 4 million to the European research infrastructu... FULL STORY

Argentina
Alpesca reactivated and its exports once more managed
Jul 1, 02:40
Fishing firm Alpesca is in full recovery and has been operating with over 100 staff members since last Friday, announced the head of the Ministry of T... FULL STORY

Ecuador
Tuna price slump worries Ecuadorian exporters
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The collapse of tuna prices in the international market generates concern in the Ecuadorian export sector, even when entrepreneurs point out that, at ... FULL STORY

Russian Federation
Fishing industry maintains stable growth
Jul 1, 01:40
The Russian fishing industry has remained stable in the last three years, with catches amounting to around 4.3 million tonnes of fish annually, half o... FULL STORY
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Jul 1, 02:40 (GMT + 9):
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Jul 1, 02:40 (GMT + 9):
IN BRIEF - Seafood exports reached nearly 3 billion, down 16%
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Jul 1, 02:30 (GMT + 9):
IN BRIEF - Rises in key fish stocks welcomed by the Scottish Fishermen’s Federation
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Jul 1, 02:20 (GMT + 9):
IN BRIEF - Kinki University, IATTC, and Panama Report World-First Transfer of Early-Juvenile Yellowfin Tuna to Sea Cage
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Jul 1, 02:20 (GMT + 9):
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Jun 30, 21:50 (GMT + 9):
Seafood landings continue falling
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Jun 30, 04:10 (GMT + 9):
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Lenguaje
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