Grocery retailer ITM (Intermarché) has, after several years of struggling sales, reported like-for-like revenue growth of 3.1% to e19.2bn (£16.3bn) excluding fuel for the 2011 financial year. Like-for-like sales in the first four months of 2012 rose 7.9%.
ITM’s hypermarkets outperformed its supermarkets in 2011, delivering a 3.9% uplift in sales, excluding petrol.
2019-09-20T13:57:00Z
Retail Week looks ahead to the next seven days with updates from Hotel Chocolat, Boohoo and Eve Sleep all on the agenda.
2019-09-19T06:21:00Z
Next has posted an uptick in half-year profits as it hailed strong growth in full-price sales and its online business.
2019-09-19T06:04:00Z
Some of Britain’s biggest grocers have urged ministers to cut VAT in the event of a no-deal Brexit, to help them protect shoppers from price rises.
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2019-06-27T06:00:00Z
As Aldi launches in China, Carrefour is scaling back. The French retail giant is the latest in a long line of big international retailers to dial down their presence in the Chinese market.
2019-05-17T13:59:00Z
The best of global retail was celebrated last night at the World Retail Awards, held at the World Retail Congress in Amsterdam.
2019-05-08T06:44:00Z
Chinese etail titan Alibaba is overhauling its business model in order to better compete with Amazon on a global scale.
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