Wholesale

Wholesaler Metro Acquires Portugal's Aviludo Group

Wholesale group Metro AG has announced the acquisition of Aviludo Group, the second-largest foodservice distribution player in Portugal, for an undisclosed...

Metro Turnaround Continues, As Q4 Sales 'On A Par' With Last Year

Wholesaler Metro said that its fourth quarter like-for-like sales performance was 'roughly on a par' with the previous year, driven by a 'notable' recovery...

Costco Beats Estimates As High COVID-19 Costs Weigh On Shares

Costco Wholesale Corp recorded high coronavirus-related costs for the second straight quarter, overshadowing its better-than-expected results and sending t...

'Exceptional' Food And Wholesale Sales Boost Co-op In First Half

Britain's The Co-operative has posted a 7.6% increase in total revenue in the first half of its financial year, boosted by what it said was an 'exceptional...

National Recovery Plans Need To Help Retailers And Wholesalers: EuroCommerce

EuroCommerce director general Christian Verschueren has emphasised on the need to prioritise retailers and wholesalers, particularly SMEs, in national reco...

Tesco's Booker Boss Follows CEO And Finance Chief In Exiting Retailer

Tesco said Charles Wilson, the executive director who leads its Booker wholesale business, will retire in February next year, joining the CEO and fina...

Japan's Tuna Market, The World's Largest, Hit Hard By Coronavirus Pandemic

Japan's tuna market, the world's largest, is taking an outsized hit from the coronavirus pandemic, pressuring restaurants and wholesalers at Tokyo's sprawl...

Mission Accomplished? Olaf Koch To Depart A Much-Transformed Metro

Announcing the decision to promote then-CFO Olaf Koch to the position of chief executive back in 2011, wholesaler Metro said that the appointment symbolise...