Retail - Featured Post

Russia's Magnit Announces 13% Increase In Revenue To Over 1Tr Rubles

Russian retailer Magnit has posted a 13% increase in revenue in full year 2016, to 1.07 trillion Rubles (about €20 billion). The group posted gross...

Merkel Takes On Starbucks In Bashing Over Unfair Tax Practices

Chancellor Angela Merkel decried unfair tax advantages for multinational corporations, singling out U.S. coffee chain Starbucks Corp. as a tax rogue that e...

Tesco’s Deal Shows How Supermarkets Must Evolve Or Perish

Tesco Plc’s 3.7 billion-pound ($4.6 billion) plan to buy Booker Group Plc shows how Britain’s supermarkets must adapt to survive in a grocery i...

Tesco To Merge With Wholesaler Booker In Major UK Deal

The UK’s largest retailer, Tesco, is to merge with the country's largest wholesaler, Booker, in what the two groups have said will create ‘the...

Russia's Dixy Group Announces New Management Board

Russian retailer Dixy Group has announced a new management board, with the departure of Pedro Pereira da Silva, Julio Marques Duarte and Juan Giralt Silva....

Investor Sentiment Likely To Be Affected By Carrefour Succession Confusion

Investor sentiment at retail giant Carrefour is likely to be affected, somewhat, by the ongoing questions over the identity of who will replace Georges Pla...