Online Retail

SPAR Slovenia Reports 13.6% Revenue Growth In FY 2023

SPAR Slovenia posted robust financial results in its financial year 2023 with gross turnover reaching €1.2 billion, marking a year-over-year increase...

S Group Sees Grocery Store Sales Up 8.9% In FY 2023

Finnish retailer S Group has reported sales growth of 8.9% across its grocery stores in full-year 2023, compared to the previous year.

Germany’s Online Trade Association Is Now A Member Of The HDE

Germany's Federal Association of Online Trade has become a member of the German Retail Association, effective 1 October 2022.

Shift To Online Likely To Reshape Retail, Real Estate Sectors: Moody's

The continued shift to online retail not only further highlights the need for online capabilities by retailers, but is also likely to affect future demand...

Russia's Ozon Sees 135% Jump In Transactions In First Quarter

Russian online retailer Ozon has reported a sixth consecutive quarter of triple-digit growth in online transaction volumes – its core business metric...

Ocado Boosts Firepower With £1bn Capital Raise

Ocado, the British online supermarket and technology group, plans to raise £1 billion (€1.1 billion), giving it more firepower to capitalise on...

COVID-19 Drives Austrian Retailers To Strengthen Online Presence, Study Finds

One in three or 33% of Austrian retailers started or strengthened their online presence amid the COVID-19 pandemic, a new study has revealed. Conducted...

Tesco CEO: ‘Amazon Tax’ Required To Ensure Level Playing Field In Retail

Tesco chief executive Dave Lewis has told The Mail on Sunday that the UK government needs to ensure that digital-only retailers such as Amazon are taxed ac...