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REMA 1000 Parent Reports 4% Decline In Annual Profit

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REMA 1000 Parent Reports 4% Decline In Annual Profit

Reitan Retail has reported a decline in profit for its 2023 financial year while store sales increased compared to the previous year.

Carrefour Posts Double-Digit Sales Growth In Q1, Confirms Full-Year Outlook

French retailer Carrefour has reported like-for-like sales growth of 13.5% in the first quarter of its financial year on the back of the 'sound execut...

Kroger, Albertsons To Sell 166 More Stores To Gain Regulatory Approval For Merger

Kroger and Albertsons Cos have amended the asset sale agreement with C&S Wholesale Grocers to include an extra 166 stores in a bid to get regulato...

S Group Reports 3% Growth In Retail Sales In Q1 2024

Finland's S Group has reported a 3% increase in retail sales (excluding tax) to €3.3 billion in its first quarter ended March 2024.

Coop amba, OK Agree On 50/50 Ownership Of Coop Danmark

Coop amba and energy company OK have agreed on a 50/50 ownership structure for Coop Danmark.

European Consumer Behaviour To See 'Polarised Recovery' In 2024, Study Finds

Consumer behaviour is expected to see a very 'polarised recovery' in 2024, despite the return of consumer confidence and wage increases in many European co...