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Keywords: Retail sector
British supermarket group Morrisons is reportedly exploring a major real estate transaction worth around £600 million ($803 million) as the retailer seeks new strategic opportunities for its property assets. According to Sky News, citing industry sources, Morrisons is in discussions with several......
The French retail operations of Japanese fashion retailer Uniqlo are set to face significant disruption this Saturday after the CFDT union called on employees across the country to take part in a coordinated strike. The action reflects growing tensions over workplace conditions and highlights broader......
Trade unions at French sporting goods retailer Decathlon have called for a nationwide employee mobilization on Saturday, as tensions rise over wages and working conditions despite strong financial results for the company. The call, backed by several major unions including CFDT, CFTC, CGT, CFE-CGC, and......
Consumer confidence in Italy improved in May after several months of decline, according to data released by the national statistics institute ISTAT. However, business sentiment weakened, reaching its lowest level in eight months, highlighting mixed signals for the eurozone’s third-largest economy. The......
British fashion retailer Next plc has announced plans to offset rising costs linked to tensions in the Middle East by implementing moderate price increases in selected international markets. The company also intends to rely on internal cost-saving measures to maintain profitability. Impact of geopolitical......
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......
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......
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 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......