Retail - Featured Post

Aldi Italia Targets 150 Stores For End 2022

Discounter Aldi is celebrating four years of its presence in Italy by announcing its ambition to have 150 stores by the end of 2022.

Asda Sees Sales Fall 9.2% In First Quarter

Britain's Asda has reported a near double-digit fall in first quarter sales, which it said reflected comparison with exceptionally strong trading in the sa...

Retailer Auchan Does Not Plan To Change Its Russia Strategy

French retailer Auchan does not plan to change its strategy in Russia or the structure of its local operations, the Russian branch of the privately owned c...

SPAR Achieves 3.3% Increase In Global Sales, To €41.2 Billion

SPAR has seen annual sales amount to over €40 billion for the first time across its international operations, as it reported global sales revenue of &...

UK Shoppers Feeling More Uncomfortable As Inflation Rises, Kantar Data Shows

Just one third of UK households now consider themselves to be in a 'comfortable' financial situation, with 43% describing their situation as 'managing' and...

Rowe To Exit M&S This Week With Jump In Profit, But Much Still To Do

Steve Rowe will step down as chief executive of Marks & Spencer on Wednesday after a turbulent six years in the top job, with his internal successor se...

Lidl, Kaufland Owner Increases Sales To €133.6bn In 2021

Germany's Schwarz Group, which owns the Lidl and Kaufland brands, reported sales of €133.6 billion across its operations in 2021, up from €125.3...

E.Leclerc Study Highlights Impact Of Rising Food Costs In France

A study commissioned by French retailer E.Leclerc has found that almost all French consumers (96%) feel the impact of rising costs in their shopping...