Retail - Featured Post

Sainsbury's Quarterly Sales Drop 4% As UK Consumers Cut Spending

British supermarket group Sainsbury's has reported a 4% fall in underlying sales in its first quarter, driven by weakness in general merchandise as cash-st...

France's Carrefour Announces Senior Management Changes

Carrefour has announced two senior management changes across its operations, with the appointment of Laurent Vallée as its new executive director of...

Lidl Outperformed French Grocery Market In May-June Period: Kantar

Lidl was the best-performing retailer in the French grocery market in the period from 16 May to 16 June, according to the latest data from Kantar, with Ald...

Russian Authorities Rebranding Supermarkets In Captured Ukrainian Territories: Report

Russian authorities have commenced rebranding supermarkets that are located in occupied territories of Ukraine, Forbes has reported.

Changes In Shopper Behaviour Likely To Materialise 'During The Summer', Tesco CEO Says

Tesco chief executive Ken Murphy has said that it is currently too early to tell what effect the growing cost of living crisis will have on shopper behavio...

Wholesaler Metro Offloads Belgian Operations To Bronze Properties

Wholesale group Metro AG has announced the sale of its Belgian operations, Makro Cash & Carry Belgium N.V. to Bronze Properties S.à r.l, followi...

Colruyt's Profit Falls As Inflation, Tough Competition Take Toll

Belgian supermarket chain Colruyt has reported a 25% decline in its full-year earnings, citing high inflation, declining volumes in food stores and increas...

France's Casino Receives Four Offers For Energy Business

French retailer Casino has received four preliminary offers of around €1.5 billion ($1.56 billion) each for its renewable energy business GreenYellow,...