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Russian Retailer Lenta Buys Monetka Chain In Cash And Debt Takeover

Russian supermarket chain Lenta said its has acquired the Monetka chain of 2,120 convenience stores for an undisclosed sum in a deal financed by cash and d...

Lidl Invests Over €500m In Serbia In First Five Years

German discounter Lidl has invested more than €550 million in Serbia in the first five years since it commenced operations in the country and employed...

Dollarama Raises Annual Sales Forecast As Demand For Essentials Thrives

Dollarama has raised annual sales forecast after topping quarterly sales estimates, as Canadians lapped up the discount retailer's cheaper offerings in res...

Lidl And Kaufland Parent Schwarz Group Announces Management Changes

Schwarz Group, which operates the Lidl and Kaufland banners, has announced a series of management changes.

Delhaize Belgium To Double Food Delivery Capacity

Delhaize Belgium is planning to build a second delivery centre in Vorst (Forest), which it says will double its e-commerce capacity.

Covirán Appoints Esteban Gutiérrez Lizancos As Director General

Spanish retail cooperative Covirán has appointed Esteban Gutiérrez Lizancos as its new general director.

Russia's X5 Buys Victoria, Deshevo Stores In Kaliningrad Region

Russian retailer X5 Group said it had agreed to acquire Victoria and Deshevo stores operated by Victoria Baltia in the Kaliningrad region, a Russian exclav...

Lidl Spain To Open 20 New Stores In 2023

Lidl Spain plans to increase purchases and exports of Spanish products and focus on further growth by investing around €230 million to add 20 new stor...