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Grocery sales fell by 0,5% for the first time since 2016. The figure decline was fixed in the latest 12 week period and became the biggest in sector. Kantar, a market researcher said that the decline was caused by the heatwave during this period last year. The researcher also reported that sales reduced year-on-year at all of British large supermarket groups. The market leader Tesco decreased its sales by 2%, Sainsbury’s, Asda and Morrisons went respectively down by 2,3%, 2,0% and 2,6%. On the other hand, all the market leaders gave their share away to German discounters. The sales of Aldi increased to 6,7% and the Lidl’s raised to 7%.
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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