Market share
Retail
Carrefour to rebrand smaller stores
Carrefour may be known among local shoppers for aisles upon aisles of groceries in big-box stores, but these days the hypermarket is shifting focus to its smaller shops.The world's second-largest retailer, after Walmart, has undertaken a national rebranding effort...
Retail
H&M UK sales rise but group profits decline
Fashion retailer H&M’s UK operation was one of the company’s star performers in the first half of its financial year, but higher cotton prices and other inflationary pressures meant group profits declined year-on-year.
Sales in the UK between December 1st...
Retail
Asda sales hit by rival discount store chains
New market share figures show supermarket group Asda on the back foot as the UK food market polarises with discount chains Aldi and Lidl and upmarket grocer Waitrose sprinting ahead of the pack.Asda was the biggest loser from the...
Retail
LULU shopping center signs Beyond Squarefeet for fit-out management
LULU International Shopping Mall has appointed Beyond Squarefeet to execute the fit-out management of the 1.6 million sq.ft mall coming up soon in Cochin, thus making it one of the biggest malls of the country.LULU International Shopping Mall is...
Retail
Carrefour optimistic about Indonesia
Carrefour Indonesia, the local unit of French giant retailer Carrefour, forecasts further growth in the archipelago’s hypermarket business, supported by strong consumer spending. The Indonesian unit’s sales in the first quarter climbed 12.7 percent to 267 million euros from...
Retail
Carrefour names new France head as woes build
Carrefour , the world's second-biggest retailer, shifted its European head to oversee its struggling French division, the latest in a series of moves to bolster investor confidence in its recovery plan. Carrefour, which is to face investors at an...
Retail
Trading ‘toughest in 30 years’ – Sainsbury’s boss
Sainsbury's had robust performances from its clothing and homewares ranges and convenience stores to thank for an improvement in its first-quarter sales, although these were lower than City forecasts. The UK's third-biggest grocer was boosted by the warm weather...
Retail
Best Buy gives big boxes the boot
Best Buy has put its "big box" strategy under review worldwide, with management braced for considerable shrinkage.The US retailer set up shop in the UK last year - it has ten megastores with another on the way in Enfield...
Retail
Tesco boss: internet sales and stores can work together
Clicks and bricks are the way ahead, says new Tesco chief executive Philip Clarke, as he explains vision for world's third-largest retailer.The most powerful man in British retail says the industry is entering a new era as the worlds...
Beauty & Wellness
Godrej expands into Africa
Godrej has found opportunity in addressing the concern of hair breaking in Africa. The two most used ethnic hair care products in sub-Saharan Africa are hair relaxers and hair extensions, and the latter are among the highest non-food discretionary...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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