Retailer Report

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.

Dollar Tree Posts Quarterly Loss, Incurs Over $1 bn In Charges On Store Closure Plans

Dollar Tree swung to a quarterly loss after the retailer took an over $1 billion (€910 million) goodwill impairment charge, as it plans to shut n...

Les Mousquetaires Reports 10% Growth In Turnover In FY 2023

Groupement Les Mousquetaires has seen a 10% growth in turnover, excluding fuel, to €39.9 billion in its financial year 2023.

Canadian Retailer Loblaw Tops Profit Expectations On Robust Demand, Easing Costs

Canadian retailer Loblaw Companies topped Wall Street expectations for fourth-quarter profit, helped by sustained demand for daily essentials and easing in...

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

Brazilian food retailer GPA, controlled by France's Casino, reported that its fourth-quarter loss narrowed to 303 million reais ($61.36 million), improving...

Black Friday, Holiday Sales Spur Demand At South Africa's Shoprite

Shoprite, South Africa's biggest supermarket group, reported a nearly 14% jump in its half-year sales, supported by a record Black Friday and festive seaso...

Migros Group Reports 5.9% Sales Growth In FY 2023

Swiss retail group Migros has reported year-on-year sales growth of 5.9% to CHF 31.9 billion (€34.1 billion) in its full financial year 2023.

Kesko Sees Grocery Sales Up 4% In Full-Year 2023

Finland's Kesko generated sales worth €12 billion between January and December 2023, registering a marginal (-0.1%) decline compared to the previous y...