World News

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Russia's X5 Retail Group On Track For Double-Digit Growth This Year, Says Analyst

X5 Retail Group is on course to post double-digit topline growth this year, a leading industry analyst has said, after the Russian retailer reported a 10.6...

SPAR Hungary Invests €5.3m To Expand Its Store Network

SPAR Hungary has announced that it has invested approximately €5.3 million in four projects involving the expansion of its network in the country....

Russia's Magnit Seeks To Foster E-Commerce Development

Russian retailer Magnit has announced a number of changes to its organisational structure in a bid to accelerate digital transformation and boost e-commerc...

Just Eat Takeaway Sees Surge In Orders, Profitability Rise

Food-ordering platform Just Eat Takeaway.com NV has said that it expects profitability to improve, as it reported a 51% surge in overall orders for the fir...

Kroger Announces Departure Of Longstanding Executive

US-based retailer Kroger has announced that Steve McKinney, its senior vice president of retail divisions, is to retire from the business after more than 4...

Finland's Kesko Group Sees Sales Up By Double Digits In June

Finnish retailer Kesko Group has posted a 10.4% like-for-like sales increase for the month of June, with its grocery trade seeing a 4.4% increase. Kesko...

Carrefour Spain Offloads 38 Stores From Supersol Acquisition

Carrefour Spain has announced plans to sell 38 of the 172 stores it acquired from its recent takeover of Supersol, to a number of local and regional player...

Groupe Casino Announces 'Rethink' Of Monop' Concept

Groupe Casino has announced that it is undertaking a 'rethink' of the Monop' convenience concept, to better 'respond to the transformation of consumption p...