Retail - Featured Post

Better Weather May Not Boost UK Retail Spending For Long

Much like British summer, the pickup in UK retail sales is probably going to prove fleeting. The volume of goods sold in stores and online rose 2.3 perc...

Lidl Announces US Store Locations, First Stores To Open In June

Lidl has announced the locations of its first 20 US outlets, with the opening process set to commence in June. The discounter made the announcement at a...

Booker Says Merger With Tesco To Be Completed Late 2017/Early 2018

UK wholesaler Booker has said that its planned merger with retail giant Tesco should be completed ‘in late 2017 / early 2018, subject to, amongst oth...

Spar International Posts Retail Sales Of €33.1 Billion For 2016

Retail group Spar International has posted sales of €33.1 billion for 2016, with growth driven by its global expansion programme. These figures rep...

Premier Foods Optimistic Despite Poor Performance In Fiscal Year 2016/17

British food manufacturer Premier Foods has reported a decrease in underlying sales, adjusted profit before tax and earnings per share in the year to date,...

Tesco Chief Executive Dave Lewis Takes 10% Pay Cut

Tesco chief executive Dave Lewis received a 10% cut in his annual pay last year, despite the retailer’s strong performance. The Financial Times re...

First MyAuchan Supermarket Opens In Italy

The first MyAuchan neighbourhood supermarket has opened in Italy, offering what the company says is a 'modern shopping experience in line with changing nee...

First 'Solidarity' Supermarket Opens In Milan

The first 'solidarity' supermarket, which offers free grocery shopping for families in financial trouble, has opened in Milan. According to Italian dail...