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Today's Top Retail News

UK: June’s Retail Sales Result In Rollercoaster Ride For Retailers

UK retail sales weakened again in June with like-for-like sales falling by 0.9%, according to the latest edition of the BDO Stoy Hayward High Street Sales Tracker.

UK: Ocado To Extend Everyday Range (Sub-only)

Online grocer Ocado is reported to be planning to extend its economy own label line, ‘Everyday,’ from 56 lines currently.

UK: KamBasket Weekly Update

Data for 7 days up to Thursday 2nd July ’09: The average price of the KamBasket has decreased by 92p over the last week with prices declining across all of the major multiples.

GERMANY: Edeka To Expand Netto Chain (Sub-only)

Edeka is set for a major expansion of its Netto discount chain, announcing plans to open 850 stores under the banner over the next three years in Germany.

RUSSIA: Pharmacy Chain 36.6 Loss Widens In Q1 (Sub-only)

Pharmacy Chain 36.6, Russia’s largest drugstore chain, has seen its first-quarter net loss widen to 648.5m rubles, from 614.2m rubles last year.

KENYA: Uchumi Forecasts 25% Jump In FY Profit (Sub-only)

Uchumi Supermarkets has said it expects profits for the year ended June to be up 25%, helped by a growth in shopper numbers and group sales.

US: Rite Aid Struggles As Walgreen Enjoys Good June (Sub-only)

Drugstore chains Walgreen and Rite Aid reported contrasting reports for June sales, with the former seeing solid growth, in comparison to a decline at the latter.

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