Retail - Featured Post

Unit Sales Decline 1.1% Across European Markets Amid High Inflation: Circana

High inflation has led to a decline in grocery unit sales across the sixth largest markets in Europe – France, Italy, Germany, Spain, the UK and the...

France's Carrefour Confident As Q1 Sales Growth Accelerates

Carrefour, Europe's largest food retailer, said it was confident of more profit and cash flow growth this year despite high inflation, after sales growth a...

Casino, Teract Expand Tie Up Talks To Intermarché Owner

France's Groupe Casino and smaller retailer Teract have said that Groupement Les Mousquetaires, owner of supermarket chain Intermarché, has joined t...

5 Retail Trends That Are Set To Shape The Remainder Of 2023

The State of Grocery Retail 2023 report by McKinsey & Company and EuroCommerce takes a comprehensive look at the key trends shaping the grocery retail...

Anders Hagh Named New Chief Executive Of Denmark's Salling Group

Danish retailer Salling Group has named Anders Hagh as its new chief executive, replacing Per Bank, who is due to step down in the autumn to take up a posi...

Casino Bondholders Seeking Better Terms In Teract Tie-Up, Sources Say

Several holders of bonds issued by French food retailer Casino are working with financial adviser Perella Weinberg Partners to push for better terms, shoul...

Britain's Tesco Expects Flat Profit In FY 2023-24

Britain's biggest retailer Tesco has forecast flat profit in its new financial year as it reported a 6.3% fall for 2022-23, hurt by not passing on to consu...