Aldi And Lidl Amongst Bidders For Over 400 Stores In Portugal

Lidl and Aldi are reported to be among the potential bidders for 463 Minipreço supermarkets in Portugal being sold by Spain’s DIA Group. Local press...

CEO Of Carrefour To Remain In Role For Another Three Years

Carrefour, one of Europe's largest grocery retailers, has agreed to extend Chief Executive Alexandre Bompard’s term for another three years through to its AGM...

Couche-Tard To Pay $3.1bn For Over 2,000 Forecourts In Europe

Canadian convenience store giant Alimentation Couche-Tard has agreed on a deal with oil major TotalEnergies to take control of 2,193 petrol stations operating across...

Retailer Casino Probed Over Alleged Financial Manipulation And Insider Trading

France’s financial prosecutor revealed it has been investigating food retail group Casino for financial manipulation and insider trading that allegedly took place in 2018...

Casino Closes In On Alliance Deal With Teract

Embattled French retailer Casino is closing in on a deal to combine its core supermarket unit with Teract, a smaller food retailer, to help...

Bumper Year For Carrefour, Upbeat On Outlook

Carrefour, Europe’s largest grocery retailer, prospered last year as its turnaround strategy and food inflation boosted figures. Over the 12 months to 31 December, the...

France Calling On Supermarkets To Introduce ‘Anti-Inflation’ Basket Of Essentials

Amid growing pressure on UK supermarkets to do more to help struggling households through the cost of living crisis, the government in France is...

Metro AG Makes Gains Despite Hit From Cyber Attack

German wholesale giant Metro AG saw its total sales rise by 6.6% (+5.2% local currency) to €8.1bn in the first quarter of its financial...

Casino In Alliance Talks With Teract

French supermarket giant Casino has confirmed that it is in alliance talks with Teract, the operator of around 1,700 food, garden centre and pet...

Lindt & Spruengli Upbeat On Outlook Despite Challenges

Swiss chocolate maker Lindt & Spruengli said today that strong international sales helped it deliver organic sales growth of 10.8% last year, with it...

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