By Planet Retail2010-09-02T18:25:00+01:00
Mercator has reported sales of 1.33bn (£1.10bn), up 3.2% year-on-year.
Its profit increased 57% to 18m (£14.7m).
Mercator has invested about 45m (£37m) in the first half of the year, mainly in developing its retail network.
Zara owner Inditex swung back into the black during its second quarter, despite the ongoing impact of the coronavirus pandemic.
As fears rise that a no-deal Brexit is now the most likely outcome of trade talks between the UK and the EU, Retail Week asks experts how retailers should be preparing for such a cliff-edge scenario.
2020-09-10T05:00:00ZPaid for post by Department for International Trade
Retailers are facing up to a new reality. With online retail sales still 50% higher than pre-pandemic levels, there are new opportunities for businesses to connect with shoppers on their path to purchase by partnering with global marketplaces.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
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