Retail - Featured Post

Bulgaria's Fantastico Group Announces Series Of New Investments

Bulgarian retailer Fantastico Group has undertaken large-scale renovations on two of its stores, both located in Sofia, following an investment of close to...

Albert Heijn Strengthens Its Position As Dutch Market Leader

Retailer Albert Heijn opened 113 stores in the Netherlands and Belgium last year, consolidating its position as the Dutch market leader, new data from Niel...

Jerónimo Martins Posts 21.5% Growth In Group Sales In FY 2022

Portuguese retail group Jerónimo Martins has reported 21.5% year-on-year growth in group sales to €25.4 billion in its financial year 2022, acc...

Metro Italia Sets New Sales Record In 2022

The Italian division of German wholesaler Metro closed its financial year 2021-2022 with 'record' sales of €1.8 billion, up 35% from 2020-2021.

PLUS And Coop Report 'Strong First Year' Post Merger

PLUS and Coop Netherlands have reported 'strong performance' in its first year following a merger to form a new cooperative, Plus UA.

Tesco Sticks With Profit Outlook After Reporting Strong Christmas Sales

Tesco has kept its full-year profit guidance after it joined rivals in reporting stronger than expected Christmas sales despite an escalating cost-of-livin...

Sainsbury's Sees Profit At Upper End Of Range After Christmas Sales Rise

Sainsbury's, Britain's second biggest supermarket group, forecast full-year profit towards the upper end of its previously guided range as it reported a 5....

High Inflation, Intense Competition To Erode UK Retailers' Credit Quality

Credit quality in the UK grocery sector is likely to be eroded by 'high inflation and intense competition' over the next 12 to 18 months, a new report from...