Retail - Featured Post

Jerónimo Martins Posts 7.2% Sales Increase In 2016

Portuguese retailer Jerónimo Martins has announced an increase of 7.2% in like-for-like sales for the year 2016. Group sales reached €14.6 b...

UK Retailer Asda Sees Sales Down 2.9% In Fourth Quarter

UK retailer Asda has posted a sales decline of 2.9% for the fourth quarter of the year, according to results posted by parent company Walmart International...

Steinhoff's Shoprite Talks End As Sides Fail To Agree Terms

Steinhoff International Holdings NV and Shoprite Holdings Ltd. ended talks to create Africa’s biggest retailer after negotiations with shareholders i...

Lidl Puts 'Express' Trial On Hold In Berlin

Lidl has said that it is putting the trial period for its new 'Lidl Express' click and collect format on hold in Germany. Planet Retail reports that the...

Lenta Announces 2017 And Long-Term Goals

Russian supermarket chain Lenta has announced its goals for 2017 and long-term targets for 2020. This year, it plans to open 30 hypermarkets, 50 new sup...

Waitrose Tops In Eyes Of UK Shoppers, Which? Study Says

A study by consumer group Which? has named Waitrose has the most popular store in the UK. The study of 7,004 people asked them to rate nine of the biggest...

Pakistani Chain Alpha Supermarkets To Stock Tesco Products

UK retailer Tesco has reached an agreement to stock its products at Pakistani chain Alpha Supermarkets, according to Reuters. The publication said that...

Lidl Speeds Up US Launch With Plans To Open Stores This Summer

German discounter Lidl has announced plans to open its first US stores this summer, according to German trade publication Lebensmittel Zeitung. Out...