Retail - Featured Post

Colruyt Group Agrees To Acquire 57 Stores From Louis Delhaize

Colruyt Group has agreed to acquire 57 stores from Louis Delhaize in Belgium for an undisclosed amount.

European Grocery Report 2023

ESM presents the European Grocery Report, an overview of the current state of the European retail and consumer landscape as we enter the final months of 20...

Discounter Action Opens 500th Store In Germany

Discount retailer Action has opened its 500th store in Germany, a market where it has been present since 2009.

Cost-Saving Measures Drive Co-op UK's Underlying Operating Profit Growth

UK retailer Co-op has reported underlying operating profit growth of £44 million (€50.9 million) in the first half of its financial year, from a...

Carrefour To Buy 47 SuperCor Stores In Spain

Carrefour has reached an agreement with El Corte Inglés to buy 47 stores under the SuperCor banner in Spain, for an enterprise value of €60 mil...

French Supermarkets To Demand Food Groups Cut Prices By Up To 5%

Supermarket groups in France could demand price cuts of 2% to 5% from food manufacturers in upcoming annual negotiations, the head of retailer Les Mousquet...

Irish Grocery Inflation Falls For Fourth Month In A Row, Kantar Says

Grocery price inflation in Ireland, which stands at 11.5% in the 12 weeks to 3 September, dropped for the fourth month in a row and reached its lowest leve...

Russia's Magnit Fully Completes $507m Buyback Of Blocked Shares

Russian retailer Magnit said it had fully completed a deal to buy back blocked shares from Western investors at a 50% discount by purchasing shares held th...