Retailer Results

Russian Supermarket Chain Lenta Sees Profits Slump In Q1

Russian supermarket chain Lenta's core profit slumped 62% in the first quarter of 2023 on an annual basis, the retailer said, due to weak consumer demand,...

New Stores Boost Sales In Despar Italia In FY 2022

SPAR concessionaire Despar Italia closed 2022 with €4.14 billion in sales (+3.4% on 2021), of which 65% generated by directly-owned stores and 35% by...

Poundland Owner Pepco Sees First-Half Sales Up 22.8%

European discount retailer Pepco Group has reported a 22.8% surge in first-half revenue, driven by strong demand for its value offers from cash-strapped sh...

Italian Discounter MD Reports 11% Increase In Turnover

Italian discounter MD has announced that it has exceeded €3.4 billion in turnover in 2022, with a sales increase of 11% compared to the previous year....

Maxima Latvija Reports 6.5% Increase In Turnover In FY 2022

Maxima Latvija has reported a 6.5% year-on-year increase in turnover to €974.6 million in its financial year 2022.

Mercadona Reports 11% Sales Growth In Full-Year 2022

Spanish supermarket chain Mercadona reported a turnover of €31 billion, up 11% year-on-year on a like-for-like basis, in its financial year 2022.

5 Takeaways From Groupe Casino's Full-Year Results

French retail giant Groupe Casino reported a 5.2% increase in consolidated net sales in its 2022 financial year, to €33.6 billion, with both its Franc...