Hypermarkets

Casino Cuts 2023 Profit Outlook For France

French retailer Casino slashed its 2023 earnings outlook for France, saying investments required to fund price cuts to boost customer traffic and volumes i...

Carrefour Polska To Offer Personalised Bouquets At Warsaw Store

Shoppers at the Carrefour store in Westfield Arkadia shopping centre in Warsaw can now avail of the services of a professional florist for personalised bou...

Carrefour Polska Expands Quick-Commerce Service With Glovo To More Cities

Carrefour Polska has extended its partnership with Glovo to deliver orders in less than an hour to more cities.

Fozzy Hypermarket In Odesa Destroyed In Rocket Attack

A Fozzy Group hypermarket located in Odesa in southern Ukraine has been destroyed in a missile attack, the company said in a statement.

Brazil’s Grupo Mateus To Open 28 Stores By End Of 2023

Brazilian retailer Grupo Mateus plans to increase its number of store openings in the second half of 2023, with 28 outlets scheduled to open in this period...

Casino Shares Shine Amid Hopes Of Higher Rescue Offers

Casino shares rose by over 9%, lifted by the prospect that rival bidders would raise their offers to rescue the cash-strapped French retailer.

Carrefour Announces Expansion Into Israel

Carrefour has announced plans to open 50 stores in Israel, as part of a franchise partnership signed in March 2022 in conjunction with Electra Consumer Pro...

Portugal's Sonae Profit Buoyed By One-Off Gains Despite Retail Margin Squeeze

Sonae, owner of Portugal's largest food retailer, on Thursday reported a 21% jump in fourth-quarter net profit as one-off capital gains more than offset th...