Retail - Featured Post

Casino Strikes Confident Tone Following Positive Q2 Performance

Retailer Casino, which is battling to ease investor concerns about its high debt levels, posted a stronger-than-expected second-quarter revenue, thank...

Sweden's Axfood Posts 2.5% Increase In Consolidated Net Sales

Swedish retailer Axfood has said that consolidated net sales amounted to SEK 12.2 billion (€1.18 billion) in the second quarter of its financial year,...

Groupe Casino Sees Growth Accelerate In Second Quarter

Groupe Casino has posted a 3.2% increase in same store sales in the second quarter of the year, with its France division posting a 1.8% gain. The retail...

UK Heatwave, World Cup Snap Consumers Out Of Winter Gloom: Visa

British consumers picked up the pace of their spending in June for the second month running, the first back-to-back increases in over a year, a survey show...

Russian Retailers, Hotels Emerge As World Cup Winners

The World Cup has captivated host Russia for a month, proving a boon for the brewing and hotel industries while dampening spending on some expensive items...

Metro Has 'No Plans' To Sell Real Hypermarket Chain: CEO

Retailer Metro has no plans to sell its German hypermarket chain Real, chief executive Olaf Koch has said in an interview. Metro, a sprawling conglomera...

Coop Netherlands Posts 5.2% Turnover Growth In 'Excellent' H1

Coop Netherlands has announced an 'excellent' H1 in 2018, which saw its turnover grow by 5.2%. During the first half of the year, the retailer opened si...

Walmart Looks To Exit Japan With Seiyu Supermarket Sale: Nikkei

US retailer Walmart Inc. has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds, the Nikk...