Retail - Featured Post

Spar Group Says COVID-19 Will Impact Operations 'For The Foreseeable Future'

South Africa's Spar Group has said that both its domestic and Europe-based operations have been hit hard by the coronavirus pandemic, saying that it expect...

Portugal's Sonae MC Sees Double-Digit Increase In Turnover In First Quarter

Portuguese retailer Sonae MC, which operates the Continente banner, has posted a 14.0% increase in turnover in the first quarter of its financial year, whi...

Marks & Spencer Full-Year Results – What The Analysts Said

Marks & Spencer has pledged to 'accelerate change' across its business after the business posted a 1.9% decrease in group revenue, and a 21.2% decr...

Marks & Spencer To Accelerate Change As Annual Profit Falls 21%

British retailer Marks & Spencer has said it plans to accelerate its latest turnaround programme as it deals with the fallout from the coronav...

Jerónimo Martins Sees Q1 Growth, Anticipates 'Uncertain' Year Ahead

Portuguese retail group Jerónimo Martins has reported 11% growth in first quarter 2020 sales, to €4.71 billion (+9.5% like-for-like), however i...

Retail Sales Surge At Poland's Eurocash Group In First Quarter

Retail sales were up by double digits at Polish retailer Eurocash in the first quarter of its financial year, as the group posted total sales of PLN 5.92 b...

Morrisons First-Quarter Results – What The Analysts Said

UK retailer Morrisons has posted a 5.7% increase in like-for-like sales, excluding fuel, in its first quarter, with the group reporting 'highly volatile' t...