Tesco has announced H1 results, with group sales rising by 0.1%, or by 0.4% at constant exchange rates. Like-for-like (LFL) sales fell by 0.4% at a group level. As part of the announcement, Tesco also said that its group chief executive, Dave Lewis, was to step down and would leave the business in summer 2020. Headline results Group sales: +0.1% to £28.3 bn (+0.4% at constant exchange ra...

Carrefour and Total have announced they are to collaborate together, an initiative that will see franchised Carrefour Express convenience stores opened on Total gas forecourts. Two stores already in operation Carrefour has already opened two stores on Total forecourts in Stolno and Strzyzawa. The agreement with Total is Carrefour’s second franchise contract, following the signing of a simil...

Following its exit from Italy, Auchan is continuing to invest elsewhere in Europe to grow its store base. Recent announcements have seen country operations in Poland and Portugal discuss growth opportunities. Auchan targeting expansion in Lisbon… Speaking at the reopening of a store in the city, Auchan Retail Portugal’s general director, Pedro Cid, discussed how the retailer wanted to opera...