Supermarkets

France's Groupe Casino Needs Equity Contribution Of 'At Least €900m'

French supermarket retailer Casino said it aims to conclude a debt restructuring agreement with its creditors by the end of next month, telling creditors i...

Why Is UK Food Inflation So Stubbornly High?

Bank of England Governor Andrew Bailey said this week that British food price inflation had been slower to drop than global commodity prices, des...

How France Secured A Fall In Food Prices

French Finance Minister Bruno Le Maire said last week he had secured a pledge from 75 top food companies to cut prices on hundreds of products next month t...

Auchan To Start Franchising Supermarkets In France

French food retailer Auchan is planning to sell seven of its stores in France to franchisees and increasingly rely on this store operation model in the fut...

Covirán Opens Seven New Stores In Spain In May

Spanish retail cooperative Coviran opened seven new supermarkets in its home market during May, increasing the sales area by 1,049 square metres.

Dutch Retail Sales Decline In First Quarter

Retail sales grew by 8% year-on-year in the first quarter of 2023, driven primarily by higher prices, according to the latest data from the Centraal Bureau...