Source: retaildetail.euFiji: Supermarket chain posts $7mln profitThe RB Patel Group (RBG) recorded $7.6mln in its operating profits for the half year ending December 31, 2023 - an 11% increase over last year's $6.8mln. The company generated $90mln in turnover for the current period - a 7% increase compared to $84mln in the previous year. The announcement comes as the supermarket group opens its 1,000th UK store in Stevenage, amid the rapid expansion of its convenience business following its takeover by the Issa brothers and TDR Capital in 2021. Kareela Grocer is the third independent fruit and vegetable business in Sutherland Shire to close in the last six months. The Fresh Truck program retrofits buses and trucks into mobile grocery stores that provide food to residents in need across Boston.


Source:   The Guardian
March 04, 2024 12:59 UTC