Retail - Featured Post

'Circuit Break' Lockdowns Drive Spikes In UK Retail Sales, Says Kantar

The introduction of a number of 'circuit break' lockdowns across the UK has led to spikes in grocery shopping in some regions, new data from Kantar has rev...

Belarus' Eurotorg Sees Like-For-Like Sales Up In Q3, Despite 'External Uncertainties'

Belarus-based retailer Eurotorg has posted a 5.0% increase in like-for-like sales in the third quarter, despite what its CEO described as a year filled wit...

Marks & Spencer Slides To First Loss As Coronavirus Hammers Sales

Britain's Marks & Spencer reported the first loss in its 94 years as a publicly listed company after clothing sales were hammered by the COVID-19 p...

Magnit Chief Executive Confident After Strong Q3 Growth: Interview

Magnit chief executive Jan Dunning has told ESM that the Russian retailer's performance in the recent third quarter, a period which saw COVID-19 restrictio...

Jerónimo Martins CEO Warns Of 'Uncertain' Christmas Ahead

The chief executive of Jerónimo Martins, Pedro Soares dos Santos, has suggested that the coming Christmas season may be "impacted by restrictio...

Carrefour's Third Quarter Sales Accelerate, Keeps Goals

Carrefour, Europe's largest retailer, delivered its strongest underlying sales growth for at least two decades in the third quarter, reflecting a better pe...

X5's Pyaterochka A Standout Performer As Russian Retailer Unveils Q3 Results

Russian retailer X5 Retail Group said that its Pyaterochka banner was the standout performer in its third quarter, seeing like-for-like sales growth of 8.5...

Metro Turnaround Continues, As Q4 Sales 'On A Par' With Last Year

Wholesaler Metro said that its fourth quarter like-for-like sales performance was 'roughly on a par' with the previous year, driven by a 'notable' recovery...