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Sainsbury's-Asda Merger Process Was 'Unsettling', Union Says

The national officer of the UK and Ireland's largest trade union, Unite, has welcomed the Competition and Markets Authority's decision to block the merger...

New Accounting Standard Would Have Boosted Tesco's Profits, Retailer Says

The new IFRS 16 accounting standards would have boosted Tesco's full-year group operating profit by £401 million, had they been implemented to its 20...

UK Retail Employment Falls 2.4% In Q1 2019: BRC

Employment in the retail sector dropped by 2.4% year on year in the first quarter of 2019 in the UK, a new report by the British Retail Consortium (BRC) ha...

Singapore Grocery Market To Be Worth €6.5 Billion By 2023: IGD

The Singapore grocery market will be worth just over €6.5 billion by 2023, or SGD 9.9 billion in local currency, according to forecasts by IGD Asia....

Axfood Sees Net Sales Rise 4.2% In Q1 2019

Swedish retailer Axfood reported a 4.2% increase in consolidated net sales to SEK 11,931 million (€1.13 billion) in the first quarter of its financial...

ESM Issue 2 – 2019: Read The Latest Issue Online!

Exclusively for Premium website members, ESM: European Supermarket Magazine presents its second issue of 2019. Don't currently subscribe to ESM?&nb...

Jerónimo Martins Offsets Sunday Shopping Ban To Rise In Poland

Portuguese retailer Jerónimo Martins has said that its Polish retail operation, Biedronka, has posted a 2% increase in first quarter sales (in local...

Comparable Grocery Sales Up At Finland's Kesko In First Quarter

Finnish retailer Kesko has posted a 0.4% increase in comparable sales in its grocery division the first quarter of 2019, with operating profit at the divis...