Keywords: Retail sector


French competition watchdog fines retailers €12.7 million over organic products cartel

France’s competition authority has imposed fines totaling €12.7 million on the trade association Synadis Bio and subsidiaries of major retailers Carrefour and Intermarché over an illegal agreement involving the sale of organic products. The regulator found that the parties engaged......

Asda profit drops amid aggressive price cuts strategy

British supermarket chain Asda has reported a significant decline in its annual core profit, highlighting the impact of its ongoing price reduction strategy aimed at attracting more customers in a highly competitive retail environment. The company’s earnings fell sharply over the past year, reflecting......

UK Co-op warns of weak consumer confidence amid geopolitical instability

Co-op, which operates grocery stores and other businesses across United Kingdom, has warned that ongoing geopolitical instability stemming from the Iran conflict is expected to weaken consumer confidence in 2026. The cooperative, owned by its 6.2 million members and operating more than 2,500 outlets,......

Marjane opens 44th hypermarket in Ouarzazate as part of national expansion strategy

Marjane Group continues to strengthen its footprint across Morocco with the opening of its 44th hypermarket, marking its first establishment in the city of Ouarzazate. The new retail space represents an investment of approximately 130 million dirhams and is expected to generate around 200 direct and......