Retail

Russia's Mercury Retail Group Sets IPO Price Range

Russia's Mercury Retail Group has said that the indicative price range for its initial public offering (IPO) has been set at $6 to $6.50 per global deposit...

Italy's Eni Sees Third-Quarter Profit Return To Pre-COVID Levels

Italian fuel business Eni has said that its third-quarter profit has jumped back to pre-COVID levels boosted by higher prices. The group reported an adj...

Magnit Boosted By Dixy Acquisition, Sees Revenue Up 27.7% In Q3

Russian retailer Magnit has reported a 27.7% increase in revenue in the third quarter of its financial year, boosted by its recent acquisition of the Dixy...

Fix Price Sees Like-For-Like Sales Up 4.4% In Third Quarter

Russian retailer Fix Price has reported a 4.4% increase in like-for-like sales in the third quarter of its financial year, with like-for-like sales up 25.9...

Automation Is Key For Retailers Seeking To Survive Or Thrive During Peak Season

The retail industry has had a rollercoaster of a year, from the high street being closed for months on end, to e-commerce operators managing the accelerati...

Private Label Sales See 70% Growth In Brazil

Sales of private label brands in Brazil grew between 13% and 72% across some categories in the period between January to September this year, a s...

UK Supermarket Sales Fall As Shoppers 'Rebalance' Spending: NielsenIQ

Grocery sales fell 0.7% in the four weeks to 9 October, new data from NielsenIQ has found, as shoppers began to 'rebalance' their spending habits, however...

Supermarkets Could Boost Private Label Sales Amid Price Inflation: IRI

As major FMCG brands pass on inflationary price increases to consumers, retailers have the opportunity to increase sales of private labels by holding price...