Retail - Featured Post

What Next For Tesco In Central Europe? Four Possible Future Scenarios

Following the sale of its Polish operations, Tesco has a number of options available for its Central European business, as Amin Alkhatib, senior retail ana...

British Supermarket Morrisons Sees Profits Dented By COVID-19 Costs

Morrisons, Britain's fourth largest supermarket group, has reported a 25.3% fall in first-half profit, hurt by costs related to the COVID-19 pandemic, but...

Refurbished Stores Driving Like-For-Like Sales At Russia's Magnit, Says Analyst

Refurbished stores at Russian retailer Magnit are showing an 8% to 10% increase in like-for-like sales, driven by higher average basket sales, a leading re...

Sweden's ICA Sees Like-For-Like Sales Up 5.2% In August

Swedish retailer ICA has continued its strong year to date with a 5.2% increase in like-for-like sales in August, as more Swedish consumers stayed at home...

Belarus' Eurotorg Sees 'No Effect' From Demonstrations, Posts H1 Revenue Rise

Eurotorg, the largest food retailer in Belarus, has said that while the situation in the country has recently been 'complex', following the country's recen...

Lenta's Hypermarket Footprint Could Cause Challenges For New CEO, Says Analyst

The appointment of Vladimir Sorokin as the new chief executive of Russian retailer Lenta should enable the business to 'fine-tune' its supermarket operatio...

UK Retailers Stepped Up Their Discounting In August, BRC Says

British retailers discounted their goods a bit more aggressively in August than in July as they sought to get customers back after the coronavirus lockdown...

Percy Pig Goes Digital As Marks & Spencer, Ocado Formally Join Forces

Marks & Spencer has said that some 20,000 packs of its iconic Percy Pig confectionery brand have already been ordered via online retailer Ocado, af...