Reliance Retail has announced that it is extending the date to complete the purchase of Future Retail.  While waiting for the merger to be approved by the authorities, Reliance Retail is focusing more on growing its private label brands, while Future Retail has enhanced its digital capability with a two-hour delivery guarantee for online shoppers of Big Bazaar. Potential acquisition of Future R...

Following much speculation, Costco is reported to be entering Sweden in autumn 2022. The leading retailer, which reported revenue growth of 9.1% to $166.2bn in 2020, is due to open its first store north of Stockholm in Täby. 13,000 sq. m premises secured in growing location Trophi , ‘the Nordic region’s leading real estate company in the grocery trade’ has confirmed a contract for ...

Metcash held an investor meeting on 16 March, announcing a trading update, as well as its ambitions for growth post COVID-19. We highlight what we believe to be the top five significant priorities for Metcash over the coming years. 1. Retain customers gained due to the pandemic Metcash has undoubtedly benefitted from changing shopping habits because of the pandemic. Its network of over 5,00...