Retail - Featured Post

Aldi To Close 32 Outlets In Denmark Following Full Year Losses

Discounter Aldi may be expanding rapidly in most European countries, however in Denmark, the retailer has announced that it is to close 32 stores, followin...

IGD, Consumer Goods Forum Reveal 'Grocery Store Of The Future' Vision

In a new report, international grocery-research organisation IGD and the Consumer Goods Forum (CGF) have sought to identify the ten areas on which grocery...

Fnac Darty Chief Executive 'Likely' To Be Named New Carrefour CEO: Reports

The current chief executive of French electronics and media retailer Fnac Darty, Alexandre Bompard, has emerged as the most likely candidate to succeed Geo...

Spain's Eroski Posts Pretax Profits Of €40m For FY 2016/17

Spanish retailer Eroski has posted pre-tax profits of €40 million for the full year to 31 January 2017, driven by the success of its 'Contigo' busines...

Costco Reports 8% Sales Increase In Latest Quarter

US retailer Costco has reported that its net sales increased by 8% to $28.22 billion for its third quarter ending 7 May 2017. Net sales for the first 36...

Edeka Lights Up the Summer Barbecue Season With 'Herren Des Feuers' Ad

Having taken a controversial approach to promoting healthy eating with its 'Eatkarus' campaign earlier this year, German retailer Edeka is back with a new...

Retailers Must Adapt As Consumers Move Online: Moody's

Profitability will decline for European retailers that fail to adapt their business models as consumers move online, according to a new report from Moody's...

U.K. Consumer Confidence Falls As Brexit Inflation Hits Services

U.K. consumer confidence slipped to its lowest level since immediately after the Brexit referendum as accelerating inflation unnerved households. An ind...