Retail - Featured Post

Costco Tops Estimates in Sign That It’s Weathering Price War

Costco Wholesale Corp. reported fourth-quarter earnings that beat analysts’ estimates, even as falling grocery prices cut into its sales growth. P...

U.K. Consumers Shake Off Brexit as Economic Optimism Surges

U.K. consumers appear to be shrugging off some initial Brexit concerns as their worst fears about the economy are allayed. GfK said Friday that its conf...

Auchan Announces Purchasing Partnership With Boulanger

Auchan has entered into agreement with electrical goods retailer Boulanger, which will see the latter granted the mandate to negotiate on the French retail...

Sainsbury's Argos-Shaped Millstone Is A Pretty Big Drag: Gadfly

A year ago, Sainsbury reported sales that were better than expected, and upgraded its profit forecasts. There were no such pleasant surprises this time...

Bernstein Research: 'All Parts' Of Sainsbury's Growth Strategy Working

Analysts Bernstein Research have said that while UK retailer Sainsbury's posted a 1.1% decline in like for like sales in Q2, the retailer's growth strategy...

Agrokor Posts Record Profit, Thanks To Regional Market Performance

Croatian food-to-retail consortium Agrokor achieved a record profit of HRK 1.2 billion (€159.9 million) in 2015, the company has revealed. The grou...

X5 Retail Group To Open Pharmacies In Stores Across Russia

Russia’s X5 Retail Group has announced plans to open as many as 3,300 pharmacies in its Pyaterochka, Perekrestok, and Karusel stores by the end of 20...

Sainsbury's Supermarket Sales Weaken Amid Shift To Lower Prices

UK grocer J Sainsbury Plc reported slightly weaker sales as it offered customers fewer promotions and switched to permanent price cuts on everyday items su...