Retail - Featured Post

Portugal's Sonae Rejects 'Wholly Erroneous' Decision By Portuguese Competition Authority

Portugal retail and telecommunications firm Sonae has rejected what it describes as an 'incomprehensible, surprising, wholly erroneous and legally nonconfo...

UK Consumer Spending Weakens With Sharp Slowdown In April

UK consumer-spending growth slowed in April and is forecast to remain weak in the coming months, according to a report from Visa. Its index showed spend...

M&S Names Archie Norman Chairman To Bolster Turnaround Efforts

Marks & Spencer Group Plc named former Asda supermarket boss Archie Norman as its new chairman, as the retailer aims to chart a course back to grow...

AmazonFresh Launches Online Supermarket In Berlin

AmazonFresh, the internet retailer's online grocery delivery service, has been launched in Berlin, Germany. "We are starting today with AmazonFresh...

Morrisons Sees Like-For-Like Sales Rise 3.4% In Q1

UK retailer Morrisons has posted a 3.4% increase in like-for-like sales in its first quarter, with group like-for-likes including fuel rising by 6.3%. T...

Sainsbury's Full Year Results - What The Analysts Said

UK retailer Sainsbury's posted a slight decrease in pre-tax profit in its full year results, however its food business "remains resilient in...

All Major UK Grocers In Growth For First Time In Over Three Years

The latest Kantar Worldpanel data for the 12 week period to 23 April has found that all ten major UK grocery retailers are in growth for the first time in...

Denmark's Dagrofa Announces Closure Of Kiwi Discount Chain

Danish retailer Dagrofa has announced it is to close its Kiwi discount chain in Denmark, as it feels it can 'no longer be turned into a profitable business...