Retail - Featured Post

Penny Launches Campaign To Highlight 'True Cost' Of Products

German retailer Penny has launched a week-long campaign highlighting the 'true cost' of products, in association with the Technical University of Nuremberg...

France's Groupe Casino Blames Price Cuts For First-Half Losses

Groupe Casino swung to a loss of €233 million for the first half of its financial year, as falling sales and price cuts at its hypermarkets and superm...

Carrefour Sees Half-Year Like-For-Like Sales Up By Double Digits

French retailer Carrefour has reported a 11.2% increase in first-half sales on a like-for-like basis, with reported sales up 8.2% in the period.

More Than Half Of Shoppers Have 'Abandoned' E-Commerce, Study Finds

More than half (52%) of e-commerce grocery shoppers are no longer shopping online, compared to a year ago, new global research from SymphonyAI Retail CPG h...

France’s E.Leclerc Expands To Luxembourg

French supermarket chain E.Leclerc has agreed to acquire 27 stores in Luxembourg from Louis Delhaize Group, for an undisclosed amount.

'No Plans' To Sell Croatia's Studenac, Says Enterprise Investors

Polish private equity fund Enterprise Investors has said that it has no plans to sell Croatian supermarket chain Studenac, despite local media reports to t...

Lidl France Expresses Interest In Acquiring 600 Casino And Monoprix Stores: Reports

Lidl France is believed be interested in acquiring 600 stores operating under the Casino and Monoprix banners in the country, according to media reports.

Sweden's Axfood Outperforms The Market In Second Quarter

Swedish retailer Axfood reported a 16.6% increase in retail sales, to SEK 16.1 billion (€1.4 billion) in the second quarter of its financial year, wit...