World

Casino sells three hypermarkets to Leclerc for 38 million euros

Casino sells three hypermarkets to Leclerc for 38 million euros

Groupe Casino has announced that it has completed the sale of three hypermarkets in Castelnaudary, Anglet, and Castres in France to Leclerc members for 38 million euros. In January of this year, th...

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German retailer Rewe buys wholesaler Lekkerland

German retailer Rewe buys wholesaler Lekkerland

German supermarket chain Rewe is buying wholesaler Lekkerland for an undisclosed sum to help boost sales of on-the-go meals and snacks, the company said on Tuesday. Lekkerland delivers products to petrol sta...

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Tesco потвърди плановете си за съкращения

Tesco потвърди плановете си за съкращения

Tesco has confirmed that thousands of jobs are at risk in its stores and head office as part of moves to simplify its business, cut costs, and adapt to changing shopping patterns. Following a report ove...

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European retail sales report strong slide in December

European retail sales report strong slide in December

Retail sales across Europe slipped significantly in December, snapping a two-month streak of growth across the region, according to the latest figures from Eurostat. On a month-on-month basis, seasonally...

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Ahold Delhaize acquires US supermarket pioneer King Kullen

Ahold Delhaize acquires US supermarket pioneer King Kullen

Stop & Shop, Ahold Delhaize’s largest brand in the United States, takes over its competitor King Kullen Grocery. That retailer, with 37 stores on Long Island, was once the first American superm...

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Penny blending convenience, food-to-go and discount in Germany

Penny blending convenience, food-to-go and discount in Germany

Penny, the discount format of the Rewe Group operating more than 2,000 stores across Germany, has opened a store in the centre of Munich. The store has the size of a convenience store (300 sq m) and strong f...

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Coca-Cola completes acquisition of Costa Coffee for 4.9 billion dollars

Coca-Cola completes acquisition of Costa Coffee for 4.9 billion dollars

The Coca-Cola Company has announced that it has completed the acquisition of Costa Limited from Whitbread plc for 4.9 billion dollars (4.3 billion euros). The deal has been approved by re...

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 Amazon to launch cash-free shops in UK

Amazon to launch cash-free shops in UK

Amazon is looking for properties in the United Kingdom to open its first British Amazon Go stores. Amazon's convenience store without cash registers is likely to get its European launch soon. The Am...

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Aldi UK plans 130 new stores in next 2 years as profits rise

Aldi UK plans 130 new stores in next 2 years as profits rise

The British arm of German discount supermarket Aldi reported its first rise in annual operating profit for four years on Monday, and signalled no let-up in its approach with plans to open 130 stores in 2019 ...

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Europe is world leader in terms of craft beer innovation – research

Europe is world leader in terms of craft beer innovation – research

The amount of new craft beer launches in Europe has more than doubled since 2013, as the continent overtakes North America in terms of craft beer innovation, according to new research from Mintel. In 201...

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