Retail - Featured Post

Spar Becomes First International Retailer To Launch In Belarus

Spar International has announced that it is entering the retail market in Belarus, with plans to open 60 new stores by 2020. Spar is partnering with Alm...

Amazon Planning To Cut Prices At Whole Foods As Acquisition Closes

Amazon.com Inc. is wasting no time bringing its reputation for undercutting competitors to the grocery business through newly acquired Whole Foods Market I...

Sonae’s Food Retail Business Sees 7% Growth In Q2

Portuguese food retailer Sonae MC has reported a 7% annual increase in turnover during the second quarter of 2017, growing to €922 million. For the...

Amazon's Whole Foods Deal Wins Swift U.S. Antitrust Approval

Amazon.com Inc.’s proposed $13.7 billion purchase of Whole Foods Market Inc. won quick U.S. antitrust approval, showing that concerns in Washington a...

Metro Wholesale & Food Specialist Undergoes Name Change

Germany's Metro Wholesale & Food Specialist AG has changed its name to Metro AG, effective as of 18 August 2017. This move follows Metro Group's...

Axfood Sells Minority Stake In Eurocash To Norgesgruppen

Swedish retailer Axfood has announced that it is selling 49% of its shares in Eurocash to Norwegian retail group Norgesgruppen. The deal was approved by...

Asda Posts Best Quarterly Performance In Three Years

UK retailer Asda has reported that like-for-like sales were up by 1.8% in the second quarter of the year, following eleven consecutive quarters of sales de...

Coop Sweden Appoints Magnus Johansson As New CEO

The board of Coop Sweden has appointed Magnus Johansson as the new CEO of the retail company, succeeding Sonat Burman-Olsson, who has been president and CE...