Retail - Featured Post

South African Retailers Working 'Around The Clock' To Restock Stores Affected By Looting

South African retailers Shoprite and SPAR Group have issued statements on the continued unrest in South Africa, with Shoprite stating that it is...

Lidl, Kaufland Owner Sees Double-Digit Revenue Increase In FY 2020/21

Schwarz Group, the owner of the Lidl and Kaufland retail chains, has reported revenues of €125.3 billion in its 2020/21 financial year, a 10% increase...

Axfood Taking Steps To 'Boost Competitiveness', Posts Q2 Sales Gain

Swedish retailer Axfood has said that it is 'taking significant steps' to ensure its future competitiveness, through recent acquisitions and the bolstering...

French Retailers Puzzled Over COVID Health Pass For Shoppers

French retailers are said to be puzzled over how a new government proposal requiring them to block people not vaccinated against COVID-19 from shopping mal...

Amazon Appoints Tesco Veteran To Run Store Portfolio

Amazon has named Tony Hoggett, a longstanding executive with supermarket chain Tesco, to lead its physical store network, the online giant has said. Hog...

Euro 2020 – Supermarkets In England And Italy Brace For Final Frenzy

Soaring demand for beer, soft drinks, salads and barbecue food as England supporters prepare for Sunday's Euro 2020 final, while Italian football fans...

Discounter B&M Sees Sales Falter Due To Tough Comparatives

B&M European Value Retail has reported a fall in underlying sales in its home UK market in its latest quarter, reflecting a tough comparison with t...

Apollo Lines Up Potential Counter Offer For UK Retailer Morrisons

The bidding war for Britain's fourth largest supermarket group, Morrisons, ratcheted up on Monday when a third private equity group, Apollo Global Manageme...