Hypermarkets: latest news, insights and analysis | ESM Magazine

Lenta Sets Sights On Multi-Format Retailing As It Eyes RUB 1tr In Turnover

Russian retailer Lenta has set its sights on achieving RUB 1 trillion in turnover by 2025 – a doubling of its current revenues – by i...

Hypermarket Growth At Carrefour Indicates Format May Yet Have Potential, Says Analyst

A leading industry analyst has said that the positive growth experienced in Carrefour's hypermarkets in the fourth quarter of the retailer's financial year...

Conad Rolls Out New Large Store Format, Spazio Conad

Italy’s Conad has rolled out a new large format store concept in Milan, featuring a range of additional products and services. The first Spazio Co...

UK Food And Grocery Market Set To Grow By 10% Between 2019 And 2022: IGD

The food and grocery market in the UK is set to grow by 10% or £19.1 billion (€21.3 billion) to £211 billion (€235.6 billion) between...

Carrefour Reiterates Plan To Significantly Cut Hypermarket Space Across Portfolio

Carrefour has reiterated its plans to reduce its hypermarket sales area by 350,000 within the next two years, in line with its Carrefour 2022 strategy....

Groupe Casino Announces Successful Bond Tender

French retail giant Groupe Casino has announced a successful bond tender for a total amount of around €800 million, in the context of its refinancing...

Russia's Lenta Sees Like-For-Like Sales Up, Despite "Challenging" Market

Russian retailer Lenta has posted a 2.9% increase in like-for-like sales in the first half of its financial year, to 30 June, with store traffic up 2.1% an...

Could Géant Be Up For Sale As Part Of Groupe Casino's Latest Asset Disposals?

Following the announcement that it is targeting a further €2 billion worth of asset sales, a leading retail analyst has suggested that Groupe Casino's...