Retail - Featured Post

Walmart Sells Asda To Billionaire British Brothers And TDR For $8.8bn

The British billionaire Issa brothers and private equity group TDR Capital have agreed to buy the British supermarket chain Asda from Walmart for an enterp...

Portugal's Sonae MC 'Adjusting To New Normal', Says CEO

Portuguese retailer Sonae MC is "gradually adjusting to a 'new normal'", following the impact of COVID-19 on its business, the group's chief exec...

Intermarché President Thierry Cotillard Announces Surprise Departure

France's Les Mousqetaires Group has announced the departure of Thierry Cotillard, the president of its ITM Alimentaire business, which operates the Interma...

UK Shoppers Likely To Be Put Off Christmas Shopping Due To COVID-19

British shoppers are likely to be put off going Christmas shopping due to COVID-19 restrictions, with 37% saying they will avoid shopping in physical locat...

Discounter B&M Sees Revenue Up By A Quarter In First Half

Discounter B&M European Value Retail has posted group revenue growth of 25.3% in the first half of its financial year, with its UK estate seeing re...

Italy's Esselunga Sees Sales Up Marginally In First Half

Italian supermarket group Esselunga has posted a 0.9% increase in sales in the first half of its financial year, to €4.06 billion. The group said t...

Poland's Żabka Eyes Future Growth Following Opening Of 6,500th Store

Polish proximity chain Żabka has launched 500 stores since the start of 2020, despite the COVID-19 pandemic, and now operates a total of 6,500 outlets....

E. Leclerc Winning More Shoppers Through 'Drive' Services, Says Kantar

E. Leclerc's Drive services continue to be a major contributor to its growth, with more consumers shopping online, according to the latest market share dat...