Coronavirus

ESM COVID-19 Update – Wednesday 20 May

COVID-19 Update, from ESM: European Supermarket Magazine, is a series that examines how retailers and consumer goods firms across Europe and further afield...

Asda's First-Quarter Sales Boosted By Coronavirus Stocking-Up

Asda, the British supermarket arm of the world's biggest retailer Walmart, said its first-quarter comparable sales rose 3.5%, boosted by consumers stocking...

Massmart's Sales Hit By South Africa's Coronavirus Lockdown

South African retailer Massmart said that sales in the 19 weeks to 10 May fell 11.9%, hit by a five-week coronavirus lockdown that prevented the company fr...

Greencore Sees Revenue Growth In H1, Updates On COVID-19 Response

Convenience foods operator Greencore has posted a 1.6% increase in group revenue in the first half of its financial year, to £712.7 million (€79...

Imperial Brands To Cut Dividend, Sees Bigger COVID-19 Hit In H2

Tobacco group Imperial Brands Plc has said it plans to cut its dividend by a third as it seeks to save cash and pay down debt during the COVID-19 pandemic,...

Amazon's French Warehouses To Reopen With 30% Staff: Unions

Amazon's French warehouses are set to reopen today (19 May) with about 30% of employees, three union officials said, ending a month-long dispute over wheth...