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Grocery Real Estate Investment In Europe Dropped 19% Last Year

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Grocery Real Estate Investment In Europe Dropped 19% Last Year

Real estate investment in the European grocery market fell by 19% last year, to €6 billion, new data from Savills has found.

UK's Asda Posts 5.3% Drop In LFL Sales In Second Quarter

Asda, Britain's third biggest supermarket group, posted a 5.3% decline in underlying sales in the three months to the end of June, as it continues to under...

Ahold Delhaize Sees Sales Up 4.5% In European Operations In H1

Ahold Delhaize has reported a 4.5% increase in sales, at constant currency rates, in its European operations in the first half of its financial year.

Les Mousquetaires To Invest €100m in Portuguese Expansion

French retail group Les Mousquetaires, parent company of Intermarché, Bricomarché, and Roady, plans to invest €100 million over the next...

Dia Reports Growth In Sales, Profits As It Completes Business Transformation

Spanish retail group Dia reported an increase in gross sales and adjusted core profit in the first half of its financial year 2024.

Sonae's First-Half Turnover Exceeds €4bn Boosted By MC, Worten

Sonae, which owns the food retail chain Continente, has reported consolidated turnover growth of 11%, to €4.3 billion, in the first half of its f...

Majority Of US, UK Food Retailers In 'Theft Crisis' Mode, Study Finds

Close to two-thirds of food retailers in the UK and US believe that the impact of theft has reached a crisis point, according to a new study.

Consumer Goods Makers Weighed Down By Weak European And US Sales

Consumer goods giants including Nestlé, Kraft Heinz and Reckitt are likely to report weak second-quarter sales growth from Europe and the United Sta...