Retail - Featured Post

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...

Spain's Eroski Posts Strongest Operating Profit In Its History

Eroski has said that the continued rollout of its 'Contigo' store format has helped the Spain-based retailer achieve the best operating profit in its histo...

Eurocash To Finalise Frisco Acquisition Following EBRD Loan

Polish retailer Eurocash has said that it has concluded a loan agreement with the EBRD, which will be used to finalise the acquisition of online retailer F...

French Supermarket Spending Up By Double Digits As Lockdown Comes To An End

Grocery spend in France was up 12.4% in the four week period from 20 April to 17 May, which includes the final three weeks of lockdown, according to data f...

Iceland Founder Regains Control Of Frozen Foods Retailer

Frozen foods retailer Iceland Foods is back under family ownership, after founder Sir Malcolm Walker, alongside chief executive Tarsem Dhaliwal, bought out...

Sweden's ICA Sees Sales Up 7.9% In May

Swedish retailer ICA has posted a 7.9% increase in sales across its store estate for the month of May 2020. Like-for-like sales were up 7.7%, with the g...