Retail

Carrefour Sells Stake In Taiwan Business To Uni-President

Carrefour has announced it is to sell its 60% stake in Carrefour Taiwan to its long-time partner and co-shareholder in the business, Uni-President.

First Half Of 2022 A 'Turning Point' In DIA's Recovery, Retailer Says

The first half of 2022 marked a 'turning point' in the transformation of Spanish retailer DIA, the group said in a statement, as it reported a 8.5% increas...

Amazon Offers Concessions To End EU Antitrust Investigation

Amazon has offered to refrain from using sellers' data for its own competing retail business and boost the visibility of rival products on its platform, EU...

Sainsbury's Quarterly Sales Drop 4% As UK Consumers Cut Spending

British supermarket group Sainsbury's has reported a 4% fall in underlying sales in its first quarter, driven by weakness in general merchandise as cash-st...

France's Carrefour Announces Senior Management Changes

Carrefour has announced two senior management changes across its operations, with the appointment of Laurent Vallée as its new executive director of...

Amazon To Add 2,000 Jobs To Its Spanish Payroll In 2022

US online retailer Amazon plans to add 2,000 new jobs to its Spanish payroll in 2022, the company's local unit said.

Tesco Reports Dip In UK Like-For-Like Sales In Q1

Tesco said that UK like-for-like sales, excluding VAT sales tax and fuel, fell 1.5% in the 13 weeks to May 28, its fiscal first quarter, broadly in line wi...

Costco Sees May Sales Increase 16.9%

U.S. warehouse retail chain Costco has reported net sales of $18.23 billion (€17.05 billion) for the retail month of May, the four weeks ended May 29,...