Mango Begins Offering Cosmetics Online
Fashion giant Mango has expanded its offer to include cosmetics, via a tie-up with cosmetics brand Rituals.
The move will see Mango’s e-commerce marketplace offer...
Eurozone Sees Fall In Retail Sales
Retail sales in the Eurozone fell more than expected in March as surging inflation and concerns about the war in Ukraine cancelled out the...
Carrefour To Invest In Digital Retail Start-Ups
Carrefour, Europe’s largest grocery retailer, has joined forces with venture capital firm Daphni to invest in digital retail start-ups as part of a global...
Carrefour Upbeat On Outlook After Solid 2021
French grocery giant Carrefour continued its recovery last year, putting it in a good position for 2022.
The group’s like-for-like sales grew 2.3% to €73bn...
Lidl Preparing To Enter Another Country In Europe
Lidl is reportedly making plans to expand its presence in the Balkans region of Europe with entry into Montenegro.
Local press reports said a subsidiary...
Casino’s Shares Slump After Profit Warning
Shares in supermarket group Casino slumped today after the company cut the 2021 profit outlook for its French retail operations, igniting investor worries over...
Carrefour At Crossroads In Battle To Win Back French Shoppers
The FT examines Carrefour’s turnaround strategy and shift towards e-commerce amid takeover interest.
Read the full article on the Financial Times website (PayWall)
French Bakers In Pain Over Cut-Price Supermarket Baguettes
French bakers have taken aim at a major supermarket chain that is offering inflation-busting low prices for baguettes, saying the move will undermine competition...
Auchan Reportedly Considering Another Bid For Carrefour
A potential merger between French grocery giants Auchan and Carrefour could be back on the cards after talks broke down last year.
Citing people with...
Metro AG Expects To Return To Growth After Mixed Year
German wholesale giant Metro AG expects to deliver sales growth of between 3% and 7% in its next financial year after seeing a recovery...