Retail - Featured Post

Profit Falls At Morrisons, But Bidding War Overshadows H1 Results

British supermarket group Morrisons, at the centre of a bid battle between two US private equity firms, has reported a 37.1% fall in first-half profit, wit...

Battle For Supermarket Group Morrisons Heads To Auction Process

Supermarket group Morrisons has said that it is in talks with its two US private equity suitors and the Takeover Panel, which governs deals in the UK, rega...

Plus, Coop Team Up To Create Third Largest Grocery Chain In Netherlands

Dutch retail cooperatives Plus and Coop have announce that they are to join forces, merging together to form the third largest grocery chain in the Netherl...

E. Leclerc Boss Issues Warning About French Consumers' Purchasing Power

Rising rents, transport and utilities costs, coupled with food price inflation, are starting to erode the purchasing power of French consumers, Michel-&Eac...

Metro Austria Acquires AGM Wholesale Business From REWE Group

Metro Austria has announced the acquisition of C&C Abholgroßmärkte GmbH (AGM), a logistics operation operated by REWE Group, taking cont...

NorgesGruppen Expects Weaker Sales In Second Half Following Bumper H1

Norwegian retail conglomerate NorgesGruppen has reported first-half sales of NOK 50.4 billion (€4.93 billion), a 5% increase, however CEO Runar Hollev...

French Retailer Auchan Sees Profits Up In First Half, Despite Revenue Drop

Auchan Retail has said that it expects shopping activity in the second half of the year to depend on pandemic restrictions, although cost savings under its...

Myriad Of UK Retailers Citing Delivery And Driver Issues As Christmas Approaches

A number of UK retailers have spoken out about the supply chain challenges facing supermarkets, as the driver shortage threatens to derail pre-Christmas st...