Retail

Artisan Partners Urges Seven & i Update On Takeover Bid By 19 September

U.S. fund Artisan Partners Asset Management ramped up pressure on Japan's Seven and i Holdings, urging the retailer's board to provide an update on a takeo...

Metro Acquires UK-Based Food Service Delivery Firm Caterite

Wholesale giant Metro has acquired UK-based food service delivery (FSD) specialist Caterite Food and Wineservice for an undisclosed amount.

French Consumer Spending Declined In Second Quarter: NIQ

Consumer spending in France declined for the first time in two years by 2.8% in the second quarter of 2024 to €57.6 billion, according to the latest d...

South Africa's Pick n Pay Says Its Boxer IPO Could Raise €408m

South African grocery retailer Pick n Pay has said that proceeds from listing its discount grocery chain Boxer could total 8 billion rand (€408 millio...

Dollar General Trims Annual Sales, Profit Forecast

Dollar General has lowered its annual sales and profit forecast as the discount retailer battles intense competition in the face of weakening demand for no...

NorgesGruppen Posts 5.3% Increase In Sales In First Half

NorgesGruppen has reported a 5.3% year-on-year increase in sales to NOK 57.2 billion (€4.9 billion) in the first half of 2024.

Australian Retailer Woolworths Exits Endeavour Group Three Years After Spin-Off

Australian retailer Woolworths has decided to exit the owner of liquor store chain Dan Murphy's and BWS bottle shops, ending its long-standing relationship...