Retail - Featured Post

Metro AG Sees Further Turnaround In Hypermarket Business

Germany’s Metro AG has reported a 1.7% increase in sales in its Real hypermarket business for the first half of the year, with the division posting s...

Poland's Eurocash Group Sees Sales Rise In Both Retail And Wholesale Divisions

Polish wholesaler Eurocash Group has posted a 7.5% increase in sales in the first quarter of 2018, to PLN 5 billion (€1.17 billion). The group said...

TPG Puts British Discount Retailer Poundworld Up For Sale: Source

Private equity group TPG has put British discount chain Poundworld up for sale after receiving expressions of interest, prompting it to put a planned restr...

Maxima Grupė Posts 4.2% Increase In Turnover In Full Year 2017

Lithuania-based Maxima Grupė has posted a 4.2% increase in group turnover to €2.8 billion for full year 2017, an increase of 4.2% on the previous year...

Spain's DIA Posts Marginal Sales Increase In Q1

Spain's DIA Group has posted a 0.2% increase in gross sales to €2.27 billion in the first quarter of its financial year, excluding currency effects....

Morrisons Quarterly Sales Beat Forecasts, Silent On Sainsbury's-Asda

Morrisons, Britain's fourth biggest supermarket operator, beat forecasts for first-quarter underlying sales growth helped by an expansion of its wholesale...

Ahold Delhaize Appeases Shareholders With 'Poison Pill' Compromise

On Wednesday, Ahold Delhaize managed to appease investors opposed to the extension of its takeover defence mechanism by giving shareholders more right...

Teaming Up With Waitrose Would 'Make Perfect Sense' For Amazon: Analyst

While the John Lewis Partnership has denied suggestions that online giant Amazon made a bid to purchase Waitrose last year, that hasn't stopped industry ex...