Retail - Featured Post

More Consolidation Likely In Russian Market, Says Lenta CFO

Further consolidation is likely in the Russian grocery industry in the coming years, particularly as larger retailers expand their geographical footprint,...

SPAR International Sees Revenue Growth Of 7.4% In FY 2020

SPAR International has reported a 7.4% year-on-year increase in revenue at constant currency, with sales amounting to €39.8 billion in its financial y...

Discounter Mere Eyeing Potential Sites Across UK

Russian discounter Mere, which operates stores in Germany, Poland, Serbia, Ukraine, Romania and a number of European markets, is eyeing up potential sites...

Change Of Leadership Planned At Netto Polska As Tesco Transformation Begins

Discount chain Netto has announced that it plans to appoint a new chief executive for its Polish operation, as the process of transforming the recently-acq...

Morrisons Sees Sales Growth Slow Due To Tough Comparatives

UK supermarket Morrisons has reported a sharp slowdown in quarterly sales growth, due to tough comparatives with the corresponding quarter last year, which...

Casino Sees Weak Quarterly Sales, Considers GreenYellow Listing

French retailer Casino is considering a stock market listing among the options for its GreenYellow renewable energy subsidiary as it seeks to cut debt....

E. Leclerc Gains 1.9m More Households, Takes Market Share To 22.1%: Kantar

E. Leclerc has consolidated its position as France's biggest grocer, gaining an additional 1.9 million households and increasing its market share by 1.4 pe...

Wholesaler Metro Sees Sales Down 11.9% In Second Quarter

Wholesale giant Metro has reported a 11.9% drop in sales in the second quarter of its financial year, adding that it has come through the most recent lockd...