Retail - Featured Post

Like-for-Like Sales Up 1.6% At UK Retailer Morrisons in Q3

UK retailer Morrisons has announced a 1.6% increase in like-for-like sales in the 13 weeks to 30 October, a 3.4% increase including fuel. Total sales we...

Frozen-Food Retailer Iceland Posts Like-For-Like Sales Increase In Q2

UK-based frozen-food retailer Iceland has announced a like-for-like sales increase of 0.8% in the second quarter of its financial year. The performance...

Revenue Increases Point To Stabilisation Of Retail Sector's Credit Quality: Moody's

Moody's Investors Service has said that the strong revenue growth rates posted by European food retailers in the third quarter of the year points to a stab...

Tesco Investors Sue UK Retailer Over 2014 Accounting Scandal

More than 125 institutional investors have sued Tesco Plc, seeking in excess of £100 million ($122 million) over the UK grocer’s 2014 profit ov...

Plastic Pumpkin Sellers Face A Big U.K. Inflation Scare: Gadfly

It's zombies versus ghouls on the British high street. Or more to the point, discount shops and big grocers. They're both headed for a fright. Halloween...

Denmark's Netto Doubles Number Of Stores Open 24 Hours

Danish retailer Netto has doubled the number of its stores that trade 24 hours, with close to 30 of the group's stores now trading round the clock. Stor...

Millennials Driving Success Of Discounters In The UK, Study Finds

A study has have revealed that among households in the UK in which ‘millennials’ (aged 16-35) are the main shoppers, spending in discounters su...

Aldi To Open First Italian Store By Summer 2016

Discounter Aldi is set to open its first store in Italy by next summer. According to Italian daily Il Sole 24 Ore, the 1,500 square metre store will be...