British shares fell for a fifth straight session on Thursday, dragged down by supermarket stocks after WM Morrison cut its profit outlook, as well as by escalating tensions between Russia and the West over Ukraine.
Germany's second largest retailer, the Rewe Group, has this morning announced that CEO Alain Caparros has signed a new contract which will see him remain at the helm of the company until at least the end of 2018.
Conditional trading of Poundland shares begun this morning, and Europe's biggest single-price retailer set the price of it's Initial Public Offering (IPO) at 300p a share.
Empire Co Ltd, the operator of Canadian grocery chain Sobeys, reported a steep fall in quarterly profit, hurt by higher inventory losses and higher costs due to a weaker Canadian dollar.
Russia's biggest food retailer Magnit said on Tuesday its sales increased 25.2 percent year-on-year in February, the same pace as in the previous month.
Britain's fourth-biggest grocer Wm Morrison saw its sales decline worsen over the last three months as it continued to lose market share to hard discounters Aldi and Lidl, industry data showed on Tuesday.
In quite an incendiary statement to German media, discount supermarket chain Lidl reserved some harsh words for rival Aldi's recent decision to slash the price of fresh meat and poultry.
Trade group SPAR had another successful fiscal year in Austria for 2013, continuing the multiple year positive development: an increase in turnover of 2.9% was made both at home and abroad.
Leading Dubai retail developer Majid Al-Futtaim (MAF) will expand its investments in Egypt by around LE16.5 billion ($2.3 billion) over the next five years, the Egyptian Ministry of Foreign Trade, Industry and Investment said on Sunday.
Retail giant Ahold is investing in its US-based Peapod online grocery operations with the aim of accelerating growth in the New England and north-eastern regions.
Albertsons, an affiliate of Cerberus Capital Management L.P., has entered into an agreement to acquire retailer Safeway, Inc., Pleasanton, Calif., for an estimated total purchase price of $9 billion.
In the same week that Tesco slashed the price the price of its milk, fears over a price-war ensuing between Britain's largest supermarkets has begun after Sainsbury's and the Co-op followed suit with similar cuts.
German hypermarket chain Metro plans to launch an initial-public-offering of its Russian unit has been thrown into doubt due to the fallout of the current situation in Ukraine.
