Retail - Trending Posts

Russia's O’Key Weighed Down By 'Big Box' Estate, Says Analyst

Russian retailer O'Key continues to be weighed down by its 'big box' retail estate, however its hard discounter business is showing strong potential, a lea...

NorgesGruppen Expects Weaker Sales In Second Half Following Bumper H1

Norwegian retail conglomerate NorgesGruppen has reported first-half sales of NOK 50.4 billion (€4.93 billion), a 5% increase, however CEO Runar Hollev...

Australian Retailers Embrace Automation As Online Sales Rise Under Lockdown

As lockdowns continue across Australia, many households are doing something they may not have considered just 18 months ago: ordering groceries online....

Coop Butiker & Stormarknader CBS Announces New Ownership Structure

The ownership of Coop Butiker & Stormarknader CBS, a cooperative group that operates stores under the Coop Sweden and Stora Coop banners, is being...

Russia's FAS Set To Monitor Prices Of 'Socially Significant' Food Products

Russia's Federal Antimonopoly Service (FAS) is to monitor the prices of 24 'socially significant' food products, including meat, fish, milk, eggs, cereals,...

Amazon's Foray Into Department Stores Could Breathe New Life Into Segment: Analysis

The decision by Amazon to open large physical outlets – akin to department stores – in the US could generate some impetus in a segment tha...

Sweden's ICA Sees Improvements At Rimi Baltic, Apotek Hjärtat In Q2

Swedish retailer ICA Gruppen has reported a 1.5% increase in consolidated net sales in the second quarter of its financial year, to SEK 32.4 billion (&euro...

Discounters Ramp Up The Competition In Bosnia & Herzegovina

Retailers Lidl and Mere have announced that they are seeking to break into the grocery retail market in Bosnia and Herzegovina. Both are hoping to succe...