Carrefour International Partnership and Nordic Coops: New commercial Partnership
Saudi grocer Othaim sales dip a year on from panic buying supermarket sweep
Saudi supermarket chain Abdullah Al Othaim Markets reported a 42% drop in first quarter profit, a year on from the early panic-buying days of the pandemic. Net profit fell to SR57.7mln ($15.4mln) for the first 3 months of the year from almost SR100mln a year earlier, the company said in a Tadawul filing. Sales fell 11.9% over the same period to about SR2.1bln.
Carrefour International Partnership signing a new partnership with Nordic Coops in northern Europe
Carrefour International Partnership and Nordic Coops are pleased to announce a new commercial Partnership which will focus on Private Labels. This Partnership will allow Nordic Coops to purchase Carrefour food and non food private labels, including French, Italian and Spanish food private labels, as well as developing common synergies for private label manufacturing. The g