Sales

Magnit Reports Revenue Growth Of 13.5% In FY 2020

Russian retailer Magnit has reported 13.5% year-on-year growth in revenue to RUB 1,553.8 billion (€17.8 billion) in its financial year ended 31 D...

Spar Austria Reports 16% Sales Growth In Food Retail Division

Spar Austria has posted a 16% growth in sales in its food retail division, amounting to €8.32 billion in its financial year 2020. This performance...

Sweden’s ICA Sees Sales Up 1.9% In February

Swedish retailer ICA has reported a 1.9% year-on-year increase in sales to SEK9.8 billion (€970 million) in February of this year. In January-Febru...

French Retailer Auchan Raises Cost-Saving Goal As Profitability Rises

France's Auchan has raised its cost savings goal under its so-called Renaissance revival plan, which boosted 2020 profitability at its retail arm despite t...

Kroger Forecasts Drop In Sales As Pandemic-Led Demand Tempers

Kroger Co signalled a bigger-than-expected slowdown in sales of groceries this year as a pandemic-fuelled demand that helped it top expectations for fourth...

Packaging Firm SIG Sees Core Revenue Up 5.5% In FY 2020

Packaging firm SIG has reported 5.5% growth in core revenue at constant currency levels, to €1.8 billion, in its financial year 2020. The comp...

Nomad Foods Sees 'Strong Finish' To Financial Year 2020

Nomad Foods expects a "strong finish" to its financial year 2020 with all key fourth-quarter financial metrics exceeding prior guidance, chi...

Coop Sweden Appoints New Sales And Marketing Director

Coop Sweden has appointed Fredrik Uhrbom as its new sales and marketing director. Uhrbom is an experienced professional with a strong background in the...