Retail - Trending Posts

Groupe Casino Q3 Sales Slow On Weak Demand In France

French retailer Casino said sales growth slowed in the third quarter, as a weaker performance in France held back robust growth in Brazil, the group's seco...

Kesko Posts ‘Record' Results In Third Quarter Of 2020

Finnish retailer Kesko has reported net sales of €2.65 billion, up 4.6% year-on-year in comparable terms, in the third quarter of its financial year....

X5 Launches 'Hard Discounter' As Russians Turn To Low-Cost Convenience Stores

Russian market leader X5 launched a new line of discount shops on Thursday while Magnit reported strong sales growth at its convenience stores, with low pr...

Orange Cleaning: The Number One Solution For Disinfecting Hands And Shopping Carts

Now more than ever, it is important for companies to follow basic health and hygiene guidelines to ensure the safety of customers and employees. D...

VAT Cut Nudges German Inflation Deeper Into Negative Territory

German annual consumer prices fell further in October due a VAT cut as part of the government's stimulus push to help Europe's largest economy recover from...

Lidl Plans Entry Into Bosnia And Herzegovina

A strong market performance in Croatia and Serbia has prompted Lidl to expand its activities in the Balkans, with the discounter planning its entry into Bo...

Germany’s Globus Sees Sales Growth Of 3.2% In FY 2019/2020

German retailer Globus has reported a sales growth of 3.2% to €7.95 billion in its financial year ended July 2020, with EBIT amounting to €284 mi...

Prices In UK Shops Fall More Slowly In October: BRC

Prices in British shops fell more slowly this month than in September, reflecting the smallest discounting for non-food items since the start of the c...