Several Italian discounters are reporting strong results for 2022, whereas Coop Alleanza 3.0 reported losses and unveiled an ambitious recovery strategy. Discounters continue to succeed as shopper habits change  PENNY Italia , part of the REWE group, reported growth of 9.3% to €1.5 bn in 2022. It opened 19 new stores and renovated 52. Penny has recently opened three stores in one day in the ...

Carrefour showed a strong performance in a continued challenging environment, especially as food inflation remained high across most European markets. The sales in Q1 2023 reached €22,071m an increase of 15.4% at constant exchange rates, with like-for-like (LFL) sales growing by 12.3%, compared to Q1 2022. Q1 key figures Source: Carrefour   Alexandre Bompard, Chairman and CEO add...

Our global analysts share some of the latest headlines across the globe. Here's what you need to know. From Europe REWE is the latest German retailer to partner with European crowd-shipping market leader Shopopop Aldi Sud’s ‘best from the region’ private label concept is growing, with it seeking to benefit from the popular German asparagus season Drugstore retailer Rossmann expands its ...