Retail - Featured Post

Consumer Purchasing 'Starting To Stabilise', IRI Data Shows

While the COVID-19 outbreak saw an initial surge in purchasing across several key grocery categories, consumer purchasing is starting to stabilise in line...

Germany's REWE Group Signs €1 Billion Credit Line In Wake Of COVID-19

German retailer REWE Group has announced the signing of a syndicated credit line totalling €1 billion, together with a consortium of banks – Com...

Tesco Full-Year Results – What The Analysts Said

Tesco has posted group sales of £56.5 billion (€64.1 billion) in its full year to 29 February, a 1.0% decline, with its UK and Ireland sales see...

Tesco Sees FY Sales Marginally Down Due To Central Europe Transformation

Ongoing work to streamline Tesco's Central European portfolio meant that the retailer posted a 1.0% decline in group sales at constant currency rates in it...

Britain's Supermarkets Wrestle With Coronavirus Demand Conundrum

Britain's big supermarkets fear they won't be able to supply the country's 60 million people without longer opening hours or a relaxation of social distanc...

Dutch Retailer Coop Sees Turnover Up 8% In Full-Year 2019

Dutch retailer Coop has said that the conversion of the last remaining EMTÉ stores helped boost its performance in full-year 2019, as the group saw...

Walgreens Boots Alliance Sees Steep Decline In US Same-Store Sales

Drugstore retailer Walgreens Boots Alliance Inc has reported a steep decline in US same-store sales in the last week of March as customers stayed indo...

Lidl Grows By Close To A Fifth As UK Supermarket Sales Soar, Kantar Data Shows

All major players in the UK supermarket sector have seen sales soar in the 12 week period to 22 March, according to the latest Kantar market share figures,...