Retail - Featured Post

JDE Peet’s Appoints Rafael Oliveira As New Chief Executive

JDE Peet’s has announced the appointment of Rafael Oliveira as its new chief executive, effective from 1 November.

Iceland Mat Declared Bankrupt With Debt Of NOK 32.4m: Report

Iceland Mat has decided to call for tenders after the company was declared bankrupt on 11 October, according to media reports.

Sainsbury's Biggest Investor QIA Cuts Holding

The biggest shareholder in Sainsbury's, the Qatar Investment Authority (QIA), is selling £306 million (€365 million) worth of shares in the Brit...

Seven & i To Start Sale Of Majority Stake In Supermarkets By Year-End, Nikkei Says

Japan's Seven & i Holdings plans to seek buyers for a majority stake in its supermarket businesses, including its flagship Ito-Yokado.

Britain's Tesco Raises Annual Profit Outlook After Strong First-Half

Tesco raised its annual profit forecast as Britain's biggest supermarket group won market share in its first half.

Poland's Żabka Eyes $1.7bn IPO In Potential Boost For Warsaw Bourse

Polish convenience store group Żabka plans to raise up to 6.45 billion zlotys ($1.67 billion) for shareholders in its initial public offering this month.

Heavy Job Cuts Expected In Casino’s November Strategy

French supermarket chain Casino will set out its new strategy in November, with heavy job cuts still likely, it said on Monday.

Carrefour Commences Rebranding Of Cora Stores

Carrefour has commenced the rebranding of the Cora supermarkets it acquired in July, with the first 19 stores set to be rebranded on 1 October.

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Mercadona Sets Sights On Lisbon City Centre

Groupe Casino Offloads Assets Worth Over €200m

Costco Misses Revenue Estimates On Choppy Big Ticket Spend

Pepco Says Supply Chain Disruption Continues To Dent Sales

IKEA Shopping Mall Arm Opens €1 billion Shanghai Development

Co-op Group Returns To Profit In First Half

Three Fifths Of French Grocery Categories Have Seen Volume Declines In Year To Date

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