Retail - Featured Post

French Retailer Casino's Brazil Arm To Buy Out Colombian Unit

Retailer Casino said on Thursday that it plans to restructure its Latin America business through its Brazil and Colombian units in a move aimed at improvin...

Carrefour Will Be Keen To Retain 'Laboratory' Aspect Of Chinese Venture: Analysis

While discounter Aldi has just made its first foray into the Chinese market, Carrefour has become the latest big name retailer to announce a retreat from t...

Carrefour Offloads 80% Stake In Chinese Operation

Carrefour has announced it is to sell an 80% equity interest in its Chinese arm to Suning.com. The deal values Carrefour's Chinese operations at around &eu...

Italian Consumers Spending 3% Less On Food, Study Finds

The average consumer expenditure on food in Italy amounted to €5,544 per household last year, a study has revealed. This is equivalent to a 3% drop...

Portugal's Sonae Wins Battle To Operate Continente Brand In Spain

Portuguese retailer Sonae has won a legal battle with retail giant Carrefour regarding the use of the Continente brand in Spain, following a ruling by the...

Coop Sweden Cleared To Take Over Netto's Swedish Operation

Coop Sweden has been granted approval by the Swedish Competition Authority to complete its acquisition of Netto’s Swedish stores. Following the ap...

Spain's Coviran Sees Sales Up 5% In Full-Year 2018

Spanish cooperative and supermarket chain Coviran has reported gross sales of €1.37 billion in 2018, representing annual growth of 5.6%. Of the tot...

Mercator's Sales Revenue Declines In Q1 2019

Slovenian retailer Mercator Group posted a 3.1% year-on-year decline in sales revenue to €499.7 million in the first quarter of its financial year....