Bloomberg Tesco Plc’s sales growth outpaced its main UK rivals in the last month as the country’s biggest grocer continued its revival in the face of a squeeze on disposable incomes. Separate reports from researchers Kantar Worldpanel and Nielsen both pointed to a strong month for the market leader, pushing its shares up the most in more than a month. ...

Bloomberg Shoprite Holdings Ltd. full-year earnings rose 12 percent, in line with analyst estimates, as Africa’s largest food retailer boosted market share in its home market of South Africa and continued to expand elsewhere in the continent. Headline earnings per share, which exclude one-time items, were 10.07 rand a share in the 12 months through June, the Cape Town-based company ...

Reuters Turkish discount retailer Sok is planning an initial public offering in 2018, two sources familiar with the matter told Reuters, the latest sign that Turkey’s IPO market may be coming back to life. Sok, with more than 4,700 stores and 21,000 employees, is one of Turkey’s biggest discount retailers, selling groceries, fresh produce and household items. It is 39 ...