Profit: latest retail news and insights | ESM Magazine

Maxima Latvija Posts Turnover Growth Of 4.2% In Full-Year 2021

Maxima Latvija has reported a 4.2% year-on-year increase in turnover, to €915 million, in its financial year 2021.

Russia's Lenta Withdraws 2022 Guidance

Russian retailer Lenta said it was pulling its 2022 guidance on store openings and capital expenditure as political uncertainty continues to put pressure o...

Sweden's Axfood Reports 'Strong Growth' In First Quarter

Swedish retailer Axfood has kicked off its financial year with strong growth, market share gain and increased earnings across every business segment in the...

Carrefour Confident On Turnaround Plan After Strong First-Quarter Sales

Carrefour Europe's largest food retailer, said it was confident it would achieve the strategic goals set under its turnaround plan after sales growth accel...

Os Mosqueteiros Sees Turnover Up 9.6% In Full Year

Os Mosqueteiros, the Portuguese unit of French retailer Les Mousquetaires, has posted a 9.6% increase in turnover to €2.5 billion in its financial yea...

Poland's Eurocash Sees Sales Up 3% In FY 2021

Polish retailer Eurocash Group has reported sales growth of 3% year-on-year to PLN 26.3 billion in its financial year 2021.

UK's Co-op Posts £57m Profit, Warns Of ‘Stark' Headwinds

Britain's Co-operative Group said the economic headwinds facing its customers looked stark as it reported full-year pretax profit of £57 million ($75...