Retail - Featured Post

Metro AG Faces Shake-Up Of Shareholder Structure

German retailer Metro AG faces a shake-up of its shareholder structure, as Ceconomy announced that it may join family-owned Haniel in selling a stake in th...

Spain's DIA Group Announces New Chief Executive

Spanish retailer DIA Group has announced the appointment of Antonio Coto as its new chief executive officer. Coto until now has held the position of exe...

Business Groups Call On UK Govt To Avoid 'Worst Possible Scenario' Over Brexit

A number of industry representative groups have voiced their concern over the UK government's Brexit strategy, following the publication of advisory docume...

Sonae MC Sees Like-For-Like Sales Increase Of 2.7% In First Half

Sonae MC, the grocery retail arm of Portugal's Sonae Group, has posted a 2.7% like-for-like sales increase in the first half of its financial year, to &eur...

Dutch Retailer Jumbo Sees Turnover Up 3.8% In First Half

Dutch retailer Jumbo Groep Holding has posted a 3.8% increase in turnover in the first half of its financial year, to €3.9 billion. Organic growth...

O Canada! Irving Oil The Latest Canadian Firm To Invest In Ireland's Forecourt Sector

Canada's Irving Oil has announced it is to acquire the Tedcastle Group, an Irish-based energy firm that operates under the band name Top Oil, and boasts ar...

South Africa's Shoprite Posts Flat Like-For-Like Sales In Full Year 2017/18

South Africa-based retailer Shoprite Group has posted a 0.1% decline in like-for-like sales in its financial year ending 1 July 2018, however the group's S...

Morrisons, Asda, Grow Fastest Of ‘Big Four’ Retailers In Latest Kantar Figures

The latest market share figures from Kantar Worldpanel, for the 12 week period to 13 August, indicate that Morrisons (+2.7%, to sit on 10.4% market share)...