Retail

Retailers May Be Two Years Away From Regaining 2019 Profitability Levels: Moody's

Retailers in Europe and the US could be at least two years away from returning to the sort of profit levels they enjoyed in 2019, a new report by Moody's h...

Carrefour Strengthens Position In Spain With Purchase of 172 Stores

Carrefour has announced a deal to acquire 172 stores under the Supersol banner in Spain, located mainly in Andalusia and the Madrid region. In a stateme...

Retailer Confidence On the Rise In Sweden, But Challenges Remain

Business confidence in the Swedish retail industry increased in August, however the situation remains tough for many traders, new data from Svensk Handel h...

McColl's Half-Year Results Mark 'Turning Point' In Group's Performance

The half-year results from UK-based convenience group McColl's mark an "inflection point in the underlying performance of the business", a leadin...

Spain's DIA Halves Net Loss One Year On From Takeover

Spanish retailer DIA more than halved its net loss in the first half, compared to the same period a year earlier, saying a trend of people spending more in...

Serbia Sees 48% Growth In Online Shopping In Q1

Serbia has seen the e-commerce channel grow by 48% in the first quarter of the year, with 3.98 million transactions recorded in the period. The Vice Gov...

One Third Of French Consumers Plan To Reduce Frequency Of Store Visits In Future

A third (32%) of French consumers plan to reduce the frequency of their store visits in the future, while a quarter (26%) plan to shop more online, a new s...

French Consumer Sentiment Climbs More Than Expected In June

French consumer confidence rebounded more than expected in June although households' fears about unemployment and the economic outlook remained high, a mon...