Retail

Carrefour Eyes More Savings As 2020 Core Profits Rise

Carrefour has unveiled new cost savings and cash flow targets, after Europe's largest retailer said it had achieved its goal of €3 billion in cost cut...

UK Retail Must Stay Open When Third Lockdown Ends, Says Ocado Chairman

Britain's retail sector must stay open when it emerges from the latest coronavirus lockdown, sector veteran Stuart Rose has said. "The short term n...

'Local' Shopping Habits Likely To Persist Well Into The Future, Study Finds

British consumers are likely to retain 'local' shopping habits beyond the pandemic, with more than half (53%) having shopped more locally in the past year,...

Poland's Żabka Updates Management Structure

Polish retailer Żabka has implemented a number of changes to its organisational structure since the beginning of 2021. The new structure sees the group...

Ocado's Earnings Jump On Pandemic Demand Boost

Online grocer and technology group Ocado Group has reported a 69% increase in 2019-20 core earnings, boosted by the pandemic generating huge demand for hom...

Germany's Stricter Lockdown Sinks Retail Sales In December

German retail sales plunged far more than expected in December as a decision to tighten lockdown measures to curb the spread of COVID-19 choked consumer sp...

What Does The Future Hold For Retailers?

The coming year is likely to see further shifts in the retail firmament. Craig Summers, UK managing director, Manhattan Associates, explores three key area...

Tokyo Consumer Prices Post Steepest Drop In Decade, Japan Retail Sales Subdued

Tokyo consumer prices fell the fastest in more than a decade, while Japan's jobs market and retail sales remained subdued, data has shown, raising the risk...