Retail - Featured Post

Sonae's MC Arm Sees Sales Up 9.6% In Third Quarter

Portuguese retailer MC, which operates the Continente brand, saw sales rise 9.6% in the third quarter of its financial year, or 8.7% on a like-for-like bas...

Mars Set To Acquire Hotel Chocolat

Renowned chocolatier Hotel Chocolat has accepted a £534 million (€610 million) acquisition proposal from Mars Inc.

Poland's Eurocash Group Sees Total Revenues Up 8%

Polish retailer and wholesaler Eurocash Group has reported a 8% increase in revenue in the first nine months of its financial year, while consolidated EBIT...

Ahold Delhaize Trims 2023 Profit Target

Supermarket group Ahold Delhaize has trimmed its 2023 earnings guidance and flagged margin weakness in the United States, its main market.

UK Grocery Inflation In Single Digits For First Time This Year: Kantar

British grocery inflation has fallen below 10% for the first time since July 2022, industry data showed, providing some relief for consumers as they enter...

Mercadona Sees Sales Volume, Market Share Up In Spain

Mercadona is witnessing rapid growth in Spain, while the rest of the grocery sector is stagnating, the publication El Economista reported citing the latest...

Carrefour Completes Acquisition Of Cora In Romania

Carrefour has completed the acquisition of all activities of the Cora brand in Romania, including 10 hypermarkets and nine convenience stores.

British Consumers' Cost-Of-Living Crisis Habits Will Endure, Says Sainsbury's Boss

Changes to British consumers' behaviour that emerged during the ongoing cost-of-living crisis, such as more eating at home and increased purchases of own-b...