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Italy’s MD Targets 1,000 Stores By 2023

Italian discounter MD is celebrating 25 years of operations with a pledge to reach 1,000 stores by 2023. The family-run company currently operates 780 o...

Orkla Reaps Benefits From Acquisition Hunt In Third Quarter

Norwegian food conglomerate Orkla has posted a 7% increase in operating profit in the third quarter of its financial year, to NOK 1.44 million (€140 m...

E.Leclerc Continues To Show Dynamism At Top Of French Grocery Market

French retail market leader E.Leclerc has posted a 60 basis point increase in market share in the most recent four week period, from September 2 to Septemb...

P&G Performance 'Surpassed Even The Most Optimistic Expectations': Analyst

A leading industry analyst has said that consumer goods giant Procter & Gamble is "clearly firing on all cylinders", after the firm poste...

New Reckitt Benckiser CEO Not Shying Away From Tough Decisions Early In Tenure: Analysis

Newly appointed Reckitt Benckiser chief executive Laxman Narasimhan is enjoying the benefits of the honeymoon period enjoyed by incoming CEOs by making big...

Rémy Cointreau To Exit Partner Brands Contracts After H1 Sales Slide

Spirits group Rémy Cointreau has announced that it plans to 'terminate' its distribution contracts for its Partner Brands in the Czech Republic, Slo...

Russia's X5 Retail Group Posts Positive Like-For-Like Sales In Third Quarter

Russian retail giant X5 Retail Group has posted a 3.9% increase in like-for-like sales in the third quarter of its financial year, with traffic numbers up...

In Ken Murphy, Tesco Has Named A Shrewd Operator As Its New CEO: Analysis

When he was parachuted in to lead Tesco in 2014, chief executive Dave Lewis came with a 'no-nonsense' reputation – encapsulated in the epithet 'Drast...