As it looks to build on the positive performance in H1, Auchan has rolled out programmes across its operations in Europe as it embeds its Renaissance initiative and focuses on its Auchan 2022 strategy. Auchan extends partnership with OMV Petrom Auchan and OMV Petrom have announced an extension to their partnership, which will see the addition of further MyAuchan convenience stores on the la...

Auchan has released first half results which it says show a ‘ significant improvement in profitability ’, which has been helped by the implementation of its Renaissance initiative. The retailer reported that while total sales fell by 1.8%, group EBITDA increased by 14.9%, with its EBITDA margin reaching 5.6%. Revenue growth seen in most markets Auchan reported revenue fell by 1.8%, at curre...

In its Q3 2019/20 results, Metro reported a 17.5% decrease in like-for-like (LFL) sales, compared to the previous year, driven by the Coronavirus (COVID-19) pandemic and its negative impacts on the hospitality sector. However, as of July this year, Metro noted that sales had recovered to the previous year’s level in its Hotels, restaurants and catering (HoReCa) division. Germany: like-for-like...