Mercator will invest over EUR 30 million in Serbia this year, and the most significant investment of all, amounting to EUR 12 million   read more...

Danish brewer Carlsberg failed to meet first-quarter profit forecasts after its crucial Russian market took another hit from   read more...

Russia-based X5 Retail Group is to stop developing its hybrid hypermarket-cash & carry format Pyaterochka-Maxi and will   read more...

There was a 9% increase in the annual gross profit of Budejovicky Budvar, the prominent Czech beer producer, in 2011   read more...

UK-based Sainsbury’s has announced its full year financial results for the period ended 17 March 2012. Sales including VAT   read more...

Ahold-affiliated Scandinavian grocery retailer ICA’s net sales for the first quarter rose 6.5% or 5.8% at constant exchange rates   read more...

Germany's Metro plans to double the number of its stores in China to more than 100 over the next three to four years to grab a bigger   read more...

Austrian retailer Pfeiffer has bought a 24.9% stake in competitor Zielpunkt, although the transaction remains subject to formal   read more...

Retailers in the Netherlands may have their earnings pinched this year as increased sales taxes and higher excise duties push   read more...

Retail sales across Europe grew in March, reversing a decline in the previous month, offering some hope to the industry.   read more...