Retail - Featured Post

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...

Croatia's Fortenova Group Sees Retail & Wholesale, Food Sales Down In H1

Croatian business conglomerate Fortenova Group said that net sales revenues in its Retail & Wholesale division fell by 3.9% in the first half of th...

Portugal's Sonae MC Posts Double Digit Growth In First Half

Sonae MC, which operates the Continente chain in Portugal, has posted 11.5% growth in sales in the first half of its financial year, citing the 'extraordin...

Carrefour Strengthens Position In Spain With Purchase of 172 Stores

Carrefour has announced a deal to acquire 172 stores under the Supersol banner in Spain, located mainly in Andalusia and the Madrid region. In a stateme...

Mission Accomplished? Olaf Koch To Depart A Much-Transformed Metro

Announcing the decision to promote then-CFO Olaf Koch to the position of chief executive back in 2011, wholesaler Metro said that the appointment symbolise...

Poland's Eurocash Sees Revenues Up In First Half, Despite COVID Challenges

Independent store owners and franchisees provided a much-needed boost to wholesale operations at Poland's Eurocash in the first half, which saw revenues ri...