Sales: latest news, insights and analysis | ESM Magazine

Jerónimo Martins Announces Expansion Plan For Ara In Colombia

Portuguese retail group Jerónimo Martins is aiming to have 1,300 stores of the Ara supermarket chain in Colombia by the end of 2023, up from 1,093 l...

Asda Announces New Operating Model For Commercial Functions

UK retailer Asda is planning to introduce a new operating model for its commercial function at its office in Leeds.

Cost-Saving Measures Drive Co-op UK's Underlying Operating Profit Growth

UK retailer Co-op has reported underlying operating profit growth of £44 million (€50.9 million) in the first half of its financial year, from a...

Kroger To Divest Over 400 Stores, Misses Quarterly Same-Store Sales Estimates

Kroger quarterly same-store sales missed market expectations in a sign that reduced spending by budget-conscious consumers and stiff competition due to hig...

Eurocash Group Posts Double-Digit Revenue Growth In First Half

Poland's Eurocash Group has reported 11% year-on-year growth in revenue to PLN 16 billion (€3.6 billion) in the first half of its financial year.

Target Cuts Annual Forecasts As Americans Hold Back On Non-Essential Spending

Target has lowered its full-year sales and profit expectations and forecast a dour third quarter, in another sign that Americans, squeezed by inflation, ar...

South Africa's Shoprite Sees Sales Up 16.9% In Full Year

South African supermarket group Shoprite has reported sales growth of 16.9% to R215.0 billion (€11.1 billion) in its full financial year ended 2 July...