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European Commission Examines Complaint About Hungary's Tax On Foreign Retailers

The European Commission is looking into a complaint about Hungary's tax on retailers, saying it will 'ensure appropriate follow-up' after the Austrian gove...

NorgesGruppen Reports 9.3% Increase In Operating Income In FY 2023

NorgesGruppen has posted a 9.3% increase in operating income to NOK 112.2 billion (€9.7 billion) in its financial year 2023.

Mercadona Posts Double-Digit Sales Growth In FY 2023

Spanish retailer Mercadona has reported a 15% increase in sales, to €35.5 billion, in its 2023 financial year.

Dutch Retailer Jumbo Exceeds €11bn In Sales In Full-Year 2023

Dutch retailer Jumbo has reported a 7.3% increase in sales, to €11.02 billion, in its 2023 financial year, one year on from the retailer exceeding the...

Colruyt Sees Market Share, Revenue Up In First Half

Colruyt has reported a 16.0% year-on-year increase in revenue to €5.5 million and a more than 100 basis points gain in market share to 32.1% in the fi...

Primark Owner AB Foods Posts 5% Growth In Annual Profit, Expects Progress In New Year

Associated British Foods forecast 'meaningful progress' in its new financial year, driven by a strong recovery in the margin of its Primark fashion busines...

Australia's Woolworths Sales Rise As Cooling Prices Stoke Demand

Top Australian grocer Woolworths said food sales jumped in the first quarter as value-conscious shoppers seized on cheaper meat, fruit and vegetables, but...