Retail - Featured Post

Steinhoff Agrees To Buy U.K.’s Poundland For $794 Million

Steinhoff International Holdings NV agreed to buy U.K. discount chain Poundland Group Plc for 597 million pounds ($794 million) as the South African compan...

Casino Revenue Advances At Fastest Pace in Two Years On Brazil

Casino Guichard-Perrachon SA, the French grocery retailer targeted by short seller Carson Block, reported second-quarter revenue that beat analysts’...

Metro Group Announces Initiative With UN World Food Programme

Germany's Metro Group has announced the commencement of a global partnership with the UN World Food Programme, with a view to combating hunger around the w...

Ahold-Delhaize Merger ‘Expected Before End Of July’

The intended merger between Ahold and Delhaize is expected to be completed by the end of July, subject regulatory approval by the Federal Trade Commission...

Discounters May Be Brexit Winners As Britons Fret Over Economy

Britain’s exit from the European Union may lead shoppers to shift grocery spending toward discounters as pessimism over the economy leads them to cut...

Lidl To Invest €350 Million And Create 800 Jobs In Spain

German supermarket chain Lidl expects to open 40 new shops in Spain this year. As reported on economia.elpais.com, this is the company's largest inves...