Retail - Featured Post

Tesco CEO Murphy Hails 'Resilience' Of Supply Chain As H1 Sales Rise

Tesco chief executive Ken Murphy has hailed the "resilience" of the retailer's supply chain, as well as the "depth of [its] supplier partner...

Discounter Lidl To Open First Stores In Latvia This Week

Lidl has announced that it plans to open its first 15 stores in Latvia this week, as it formally commences operations in the country. The discounte...

CD&R Wins Morrisons Auction, But Could Sainsbury's Be Next Fortress Play?

Clayton, Dubilier & Rice (CD&R) has won the auction for Morrisons with a £7 billion bid, paving the way for the U.S. private equity f...

Spain's Eroski Sees Surge In Operating Profit In First Half

Spanish retailer Eroski has reported a 63% increase in operating profit in the first half of its financial year, to €105.9 million. The retailer re...

As The Battle For Morrisons Heads To Auction, Here's The Story So Far

With the fate of supermarket group Morrisons set to be determined in a one-day 'shootout'-style auction process on Saturday, overseen by the UK's Takeover...

Morrisons Auction Process Set For 'Shootout' Finale This Weekend

The battle to acquire Morrisons is set to come to a head this Saturday, as the rival bidders take part in a straight shootout to determine who will take ov...

Aldi UK Sees Sales Up In 2020, Announces Investment of £1.3bn

The British and Irish arm of German discount supermarket group Aldi said it plans to invest £1.3 billion (€1.52 billion) over the next two...

Carrefour Unveils New Personal Shopper Service, OK Market!

Carrefour has unveiled a new 'personal shopper' home delivery service, OK Market!, which the retailer says is the 'first of its kind' in France. The ser...