Retail

SuperValu Parent Musgrave Group Reports Record Turnover In FY 2023

Musgrave Group has exceeded €5 billion in annual turnover, with profit after tax amounting to around €104 million in its financial year 2023.

Target Faces Muted Holiday Sales As Budget-Conscious Shoppers Prioritise Value

Target forecast holiday-quarter comparable sales and profit below estimates as value-conscious consumers shopped for low-priced essentials at rival retaile...

Edeka Group Announces Partnership With Payback

German retail group Edeka will join Payback loyalty programme from 1 January 2025.

Croatia’s Studenac Commences IPO Of Company Shares

Croatian food retailer Studenac will commence its initial public offering of the company’s shares today.

New Circana Report Shows Spain And Italy Propelling FMCG Growth

Circana, a leading advisor on the complexity of consumer behaviour, today launched its latest biannual FMCG Demand Signals study of the biggest consumer bu...

MC Reports Strong Q3 Performance Despite Market Challenges

Portuguese retail company MC Sonae reported strong operational and financial performance in the third quarter of 2024, surpassing expectations despite inte...

Uncertainty Clouds Holiday Shopping Season As Walmart, Target Issue Mixed Forecasts

Retailers are in for a mixed holiday season this year ahead of Black Friday and Christmas, marked by watchful consumers keeping big spending on a tight lea...