Ahold Delhaize has reported that its 2020 Q1 net sales increased by 12.7% at constant exchange rates to €18.2 bn. The retailer acknowledged impact of COVID-19, with Group comparable sales being ‘favourably impacted by 26.9% growth in March’ .  USA: Q1 +13.7%; comparable sales in March +33.8% Performance was driven by comparative % in March due primarily to COVID-19’ . Europe: Q1 +9.8%; ...

Indonesia, the world's fourth most populous country, reported on 15th March that the number of Coronavirus (COVID-19) infections had risen by 21 to 117. Retailers have taken different approaches to look after the well-being of their shoppers. There is no consistent recommendation on how best to prevent the spread virus spread around the world.  Keeping staff healthy  All staff members...

Dairy Farm has reported a mixed set of results for the fiscal year ended 31 st December 2019. Performance of its Southeast Asia Grocery Retail and Health and Beauty businesses improved, but underlying profit for the Group was impacted by social unrest in Hong Kong. Sales growth from 4 out of 5 divisions, but 2019 sales down 4.7% Dairy Farm’s sales in 2019 fell 4.7% to US$11.1bn year-on-yea...