Retail - Featured Post

Private Equity Firms Eyeing Potential Bid For Sainsbury's: Reports

Private equity companies are circling British supermarket group Sainsbury's with a view to possibly launching bids of more than £7 billion (€8.2...

Morrisons Agrees To CD&R's Offer, As Battle For UK Grocer Continues

British supermarket Morrisons has agreed a takeover offer worth £7.0 billion (€8.16 billion) from private equity group Clayton, Dubilier &am...

Russia's Magnit Sees Revenue Up 7.7% In First Half

Russian retailer Magnit has posted a 7.7% increase in revenue in the first half of its financial year, to RUB 822.2 billion (€9.48 billion), with the...

Sweden's ICA Sees Improvements At Rimi Baltic, Apotek Hjärtat In Q2

Swedish retailer ICA Gruppen has reported a 1.5% increase in consolidated net sales in the second quarter of its financial year, to SEK 32.4 billion (&euro...

Grocery Sales Decline In UK As 'Traditional Behaviour' Returns, Says Kantar

UK take-home grocery sales declined by 4.0% in the 12 weeks to 8 August, according to the latest data from Kantar, as shopping habits start to return to re...

Carrefour Poland Accelerates Expansion Into Convenience

Carrefour Poland is ramping up its presence in the convenience market, with the group announcing that it has opened 52 new convenience outlets to date this...

Finland's Kesko Sees Grocery Sales Continue To Rise

Grocery sales at Finland's Kesko Group were up 4.5% in July 2021, the retailer has said, while the group's Kespro wholesale operation increased 12.4% durin...