Retail - Featured Post

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...

Price-Conscious Shoppers Boost Lidl GB Revenues By 19%

The British arm of German discount supermarket Lidl posted a 19% jump in revenues as its low prices attracted higher numbers of shoppers.

UK Grocery Inflation Drops To Lowest Level In A Year, Says Kantar

British grocery inflation eased to its lowest level in a year heading into September, providing some relief for consumers hurt by high prices and for the g...

Morrisons In Talks Over Sale Of Fuel Retail Business

Britain's Motor Fuel Group (MFG) is in talks with supermarket chain Morrisons over the acquisition of 340 fuel retail forecourts, in a deal that could be w...