Retail - Featured Post

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...

Delhaize Changes Name To 'Belhaize' To Highlight Local Suppliers

Belgian retailer Delhaize has changed its name to 'Belhaize' for a period of a month, to pay tribute to the 1,600 Belgian suppliers that support its operat...

UK Grocery Sales Up 5.7% As Consumer Confidence Increases: Kantar

Take-home grocery sales in the UK rose 5.7% in the 12 weeks to 18 April, new data from Kantar has shown, with the research firm noting that consumer confid...

Carrefour Announces Share Buyback Plans After Strong First-Quarter Sales

French retail giant Carrefour plans to buy back up to €500 million in shares this year, with the business showing confidence in the success of its tur...

Associated British Foods Sees Profit Cut By Half Due To Primark Closures

Associated British Foods has reported a halving in first half profit, impacted by COVID-19 lockdowns which shuttered its Primark fashion stores. The gro...