Global retailing news

18 April 2017
France-based Casino has announced first quarter results, which showed, at a Group level, a sequential improvement for total growth, but a slowing rate of increase in organic and same-store terms. The retailer's total sales growth, which rose by 11.6% to €9.3 bn, was boosted by its performance in Latin America, where total growth increased by 30.2%. France: continued progress in majority of ...
13 April 2017
France-based Carrefour has said that total sales rose 6.2%, or 1.0% at constant exchange rates and excluding petrol, to €21.3 bn. The retailer saw, at a group level, like-for-like sales, excluding petrol and calendar effects, rise 1.4%. It also highlighted how it had enjoyed strong food sales during the quarter, rising by 5.9%. Despite the positive headline figures, Carrefour's overall performan...
13 April 2017
Walmart is bringing its British products to China with the launch of an ASDA store on JD Worldwide, the cross-border ecommerce platform of JD.com. Targeting China’s growing middle-class shoppers Asda’s primary offerings on JD.com are food and health products, including items such as biscuits, coffee, tea bags, nuts, energy bars, and baby food. All products will be sourced from the UK, from ...
13 April 2017
Japanese retailer Aeon has published its annual results, posting an operating profit increasing by 4% to JPY184.7bn (US$1.7 bn), but falling -2.79% short of the company's estimate of JPY190bn (US$1.75 bn) Price cuts announced, but improved sales expected Japan has tried to escape the effects of deflation for almost two decades, with the impact often moving in line with home and internationa...
12 April 2017
Tesco's preliminary results for its FY2016/17 show that its Asian operations grew 4.0% at constant exchange rates and 1.8% on a LFL basis - a positive result, when compared to total group sales, which increased 1.1% at constant exchange rates and 1.0% on a LFL comparison. However, performance was mixed and slowed in H2, signalling that there is more work to do. Thailand: strong growth and port...
12 April 2017
Following a number of announcement from the retailer, we look at the initiatives and strategies being put in place by Carrefour Poland as it looks to expand and compete in the market. Retailer to sustain pace of investment Carrefour Poland has said that it will invest PLN260m (US$65m) in 2017, matching the same level of spending as it did in 2016. The retailer said it was aiming to open two...
11 April 2017
We round up the latest news from Austria, the Netherlands, Hungary and Slovenia. SPAR Austria extends online grocery to Salzburg… Following the successful launch of online grocery in Vienna, SPAR Austria is broadening its delivery reach to Salzburg and the surrounding area. The expansion will allow the retailer to offer an online grocery service to around three million shoppers. Home...
06 April 2017
As part of separate developments in France, Spain and Romania, Auchan sustains its recent pace of change and expansion of its proximity format MyAuchan. Auchan undertakes restructuring in France France-based trade publication LSA has reported that Auchan Retail France has undertaken an internal reorganisation as part of its single brand project. As part of the restructuring Emmanuel Zeller ...
05 April 2017
WBA sales decreased by 2.4% in Q2 vs. LY, but grew by 0.9% on a constant currency basis. Sales decline on the quarter and the half Whilst sales declined by 2.4% on the quarter to $29.4 billion, fiscal 2017 first half sales fell by 2.1% to $57.9 billion. On a constant currency basis, sales grew by 1%. Stefano Pessina, Executive Vice Chairman and CEO, stated, "Our results this quarte...
04 April 2017
Unilever has made a deal with Lazada, a dominant e-commerce player in Southeast Asia, to grow their business' reach in the region. Unilever will expand its online store presence on Lazada, giving their shoppers access to exclusive products. Meanwhile, Lazada will support Unilever with data for product trials and tailored marketing campaigns online. Tackling e-commerce challenges together Th...