Sales

Discounter Action Posts Net Sales Growth Of 20.1% In First Half

European discount retailer Action has reported year-on-year net sales growth of 20.1%, to €6.2 billion, in the first half of its financial year

Orkla Reports Double-Digit Growth In Operating Profit In Q2

Norway's Orkla has reported 13% year-on-year growth in adjusted operating profit to NOK 2.0 billion (€170 million) in the second quarter of its financ...

Store Brands Set New Market Share Records In US In First Half

Private label sales reported new records in unit and dollar share in the United States in the first half of 2024, compared to the same period last year.

Lidl Portugal Invests €11m In Two New Stores

Lidl Portugal has opened two new store in Sintra–Mem Martins and Vieira de Leiria involving an investment of €11 million.

Dia CEO Confident Of Growth Prospects In Spain, Argentina

Martín Tolcachir, the global CEO of Spanish retail group Dia, is confident that the business will continue to grow and generate value in Spain and A...

UK Retailer Asda Says It Returned To Profit In FY 2023

Asda said it returned to a pretax profit in its 2023 financial year, even though it lost market share to rivals over the period.

Walgreens Announces US Store Closures, Cuts Profit Forecast

Walgreens Boots Alliance cut its profit forecast for fiscal 2024 and announced store closures, citing challenging pharmacy industry trends and a worse-than...

General Mills Posts Bigger-Than-Expected Drop In Quarterly Sales

General Mills has posted a bigger-than-expected drop in quarterly sales as cash-strapped consumers cut back on its higher-margin products and turned to che...