Retail - profits

Conad Centro Nord Sees Market Share Growth In 2021

Italian cooperative Conad Centro Nord reported sales of €1.85 billion in 2021, up 4.4% on the previous year, with a market share of 7.56%

South Africa's Woolworths Sees H1 Profit Drop, Resumes Dividend

Woolworths Holdings has resumed its interim dividend despite reporting a 35.6% slump in half-year profit, as the South African retailer was badly affected...

French Retailer Auchan Raises Cost-Saving Goal As Profitability Rises

France's Auchan has raised its cost savings goal under its so-called Renaissance revival plan, which boosted 2020 profitability at its retail arm despite t...

Spain's Mercadona Shares Profits With Workforce

Spanish supermarket group Mercadona has shared €409 million of its 2020 profits with its entire workforce of 90,000 employees. Some...

'Stable' Outlook For European Retail Sector In 2021, Says Moody's

The outlook for the European retail sector in 2021 is 'stable', a new report by Moody's Investors Service has said, with demand recovery set to be balanced...

Retailers May Be Two Years Away From Regaining 2019 Profitability Levels: Moody's

Retailers in Europe and the US could be at least two years away from returning to the sort of profit levels they enjoyed in 2019, a new report by Moody's h...

Masoutis To Offer 30% Of Net Profits As Bonus To Employees

Greek retailer Masoutis has announced that it will offer 30% of its net profits as a bonus to employees working in its stores and logistics facilities, ami...

Traditional Retailers Facing 'Hostile' Operating Conditions, Says Moody's

Traditional retailers are facing increasingly hostile operating conditions, ratings agency Moody’s has announced, with profitability likely to be und...

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Retail - profits

Conad Centro Nord Sees Market Share Growth In 2021

South Africa's Woolworths Sees H1 Profit Drop, Resumes Dividend

French Retailer Auchan Raises Cost-Saving Goal As Profitability Rises

Spain's Mercadona Shares Profits With Workforce

'Stable' Outlook For European Retail Sector In 2021, Says Moody's

Retailers May Be Two Years Away From Regaining 2019 Profitability Levels: Moody's

Masoutis To Offer 30% Of Net Profits As Bonus To Employees

Traditional Retailers Facing 'Hostile' Operating Conditions, Says Moody's

Target Q3 Comparable Sales, Earnings Fall, Shares Drop 11%

AB Foods Says Weak Sugar Market To Hold Back Earnings Next Year

Amazon's Holiday Season Sales Outlook Misses Views, Shares Sink

Walgreens Revenue Misses Estimates On Weak international Demand

Alibaba Revenue Beats On Strength In E-Commerce, Cloud Businesses

Steinhoff Says Profit Overstatement Could Lead To More Impairments, Shares Dive

Sainsbury Loses Ground to Tesco, Discounters in Tough Market