Retail - Featured Post

Irish Consumers Display ‘Cautious Optimism’ As Grocery Sales Increase By 24.7%: Kantar

Take-home grocery sales in Ireland increased by 24.7% in the 12 weeks to 14 June 2020, according to the latest data from Kantar. The number of shopping...

Britain's Lockdown Drives Tesco's Sales And Costs Higher

Tesco said underlying UK sales rose 8.7% year-on-year in its first quarter to May 30, boosted by the country being on coronavirus lockdown for the majority...

Koch Looks To The Future As Metro AG Completes Real Sale

Olaf Koch, the chief executive of wholesaler Metro AG, has said that the business is eager to "capture the additional opportunities that lie ahead&quo...

Poundland's Town Centre Presence Could Hamper Post-COVID Recovery

The location of Poundland stores in town centres could hamper the retailer's recovery as long as the spectre of COVID-19 hangs over consumer confidence, a...

UK Grocers Continue To Post Significant Sales Increases, Kantar Data Finds

The latest Kantar grocery market share data for the UK has shown that all major grocers are continuing to show strong sales growth, even as lockdown measur...

Discount Grocers Look To Jump On Home Delivery Bandwagon Due To COVID-19

Discount supermarket chains Aldi and Lidl look poised to accelerate their push into home delivery to satisfy burgeoning demand for online grocery shopping...

Tesco Acquisition Enables Salling Group To Become 'Much More Relevant' In Poland, CEO Tells ESM

The chief executive of Salling Group, Per Bank, has told ESM that the group's acquisition of Tesco's Poland operations will enable the business to bec...

Tesco Sells Polish Business To Salling Group For €202 Million

Britain's Tesco is selling its Polish business for about PLN 900 million (€202 million), the supermarket group said on Thursday, leaving its central E...