Retail - Featured Post

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...

Strong E-Commerce Sales Boosts Sweden's ICA Gruppen In Full-Year 2020

ICA Gruppen has posted a 5.9% increase in consolidated net sales in full year 2020, with its ICA Sweden operation leading the way, boosted by a surge in e-...

E. Leclerc's Drive Business Continues To Boost French Market Leader, Says Kantar

French market leader E. Leclerc saw orders through its Drive business rise by 33% in the first month of the year, with an additional 500,000 customers usin...

Steffen Greubel Appointed New Chief Executive At Metro AG

Wholesaler Metro AG has announced the appointment of Steffen Greubel as its new chief executive, effective 1 May 2021. Greubel, 47, succeeds Olaf Koch i...

Online Grocery Sales Hit Record High In Ireland: Kantar

Online sales now account for 5.2% of the Irish grocery market, close to double that of a year ago (2.7%), according to the latest market share data from Ka...