Retail - Featured Post

Aldi, Lidl See Strongest Growth In French Market In January: Kantar

Discounters Aldi and Lidl posted the strongest growth in the French grocery market in the period from 27 December to 23 January, new data from Kantar has s...

Sweden's Axfood Sees Growth In 'Most Eventful Year' In Its History

Swedish retailer Axfood has reported a 7.8% increase in net sales in what chief executive Klas Balkow has described as "probably the most eventful yea...

Auchan Would Have 'A Lot More To Gain' From Carrefour Merger: Barclays

Auchan would have a lot more to gain from a potential tie-up with Carrefour, Barclays has suggested, benefiting from the latter's more advanced digital str...

Inflation Leading To 'Cost Of Living Squeeze' In UK, Says Kantar

British households are facing a cost-of-living squeeze, according to Kantar, with grocery price inflation in the UK currently standing at 3.8%, a 0.3 rise...

Fix Price Sees Like-For-Like Sales, Revenue Up In FY2021

Russian variety value retailer Fix Price has reported a 7.2% growth in like-for-like (LFL) sales across the group in its full financial year 2021.

Grupo DIA Sees Sales Drop 3.4% To €6.65bn In 2021

Grupo DIA reported a 3.4% drop in 2021 sales to €6.65 billion, according to provisional data sent to local market regulator CNMV.

X5 Sees Double-Digit Increase In Sales Despite 'Challenging' Environment

Russia's X5 Retail Group has posted an 11.4% increase in full-year sales, in what chief executive Igor Shekhterman has described as a "challenging&quo...

Tesco To Expand 'Whoosh' Delivery Service To 600 Stores

Tesco has announced that its one-hour delivery service, Whoosh, will be rolled out to at least 600 stores by the end of 2023, expanding the retailer's pres...