Retail - Featured Post

Groupe Casino Sees Operating Profit Jump, Plans To Cut More Debt

French retailer Groupe Casino has vowed to boost its profitability and cash flow further this year and push on with its asset disposal plan to reduce debts...

'Profitable Growth', M&A Activity In Focus For Russia's Magnit, CEO Tells ESM

Russian retailer Magnit is seeking to drive profitable growth from its existing assets, while also engaging in M&A activity that is value accretive...

Asda's Performance Indicates Challenges Facing New Owners, Say Analysts

Asda's quarterly and Christmas performance shows that new owners Mohsin and Zuber Issa, along with private equity group TDR Capital, have their work cut ou...

Hypermarket Growth At Carrefour Indicates Format May Yet Have Potential, Says Analyst

A leading industry analyst has said that the positive growth experienced in Carrefour's hypermarkets in the fourth quarter of the retailer's financial year...

Carrefour Eyes More Savings As 2020 Core Profits Rise

Carrefour has unveiled new cost savings and cash flow targets, after Europe's largest retailer said it had achieved its goal of €3 billion in cost cut...

'Local' Shopping Habits Likely To Persist Well Into The Future, Study Finds

British consumers are likely to retain 'local' shopping habits beyond the pandemic, with more than half (53%) having shopped more locally in the past year,...

Russia's Fix Price Considering London, Moscow IPO

Russian low-priced retailer Fix Price has said it is considering an initial public offering (IPO) in London and Moscow of its global depositary receipts (G...

Wholesaler Metro Optimistic Despite First-Quarter Sales Slump

Wholesale group Metro said that its performance in key markets such as Germany, France and Italy was better than expected in the first quarter of its finan...