Europe – Page 32
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News
Lekkerland's reports net sales increase
Lekkerland’s net sales increased €127.2m (£109.4m) to €11.48bn (£9.87bn) during its 2012 financial year.The figures were adjusted for a discontinued operation in Eastern Europe. The group’s net profit rose 58% during the year to €80.3m (£69.1m), because of strong earnings in Germany. “We have a positive outlook for the future,” ...
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AnalysisAnalysis: What does Waitrose’s deal with Eurostar mean for the retailer?
Waitrose has revealed it will begin supplying products to pan-European train service Eurostar from tomorrow. Retail Week looks at the implications for the grocer.
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AnalysisInternational analysis: Home and away different worlds for French grocers
Two of France’s largest retailers, Carrefour and Casino, reported first-quarter trading figures on the same day.
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OpinionComment: Kingfishing for success in Romania
Given the recent performance of British brands in Romania, one can be forgiven for doubting the decision last week by B&Q owner Kingfisher to enter the market following its acquisition of Bricostore.
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AnalysisThe Romanian retail market: What do retailers need to know?
With Kingfisher’s decision to expand into Romania and Debenhams closing six stores in the country, Retail Week takes a look at the opportunities and challenges in the Romanian retail market.
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AnalysisInternational analysis: Auchan on course to become €100bn retailer
Auchan’s sales jumped 5.8% to E46.9bn (£39.9bn) in the year ended December 31, fuelled by expansion and like-for-like performance.
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GalleryStore gallery: Dutch supermarket Albert Heijn - convenience to go
Dutch supermarket Albert Heijn’s ‘to go’ format delivers an unusual convenience store concept. John Ryan reports.
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AnalysisInternational analysis: Inditex wise to focus on existing markets
Inditex president Pablo Isla revealed last week that it will not be expanding internationally at the same pace as in recent years.
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GalleryStore gallery: Karl Lagerfeld opens new concept store in Paris
Franco-German designer Karl Lagerfeld has just opened a new concept store in Paris that stocks only ranges bearing the designer’s name.
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AnalysisInternational analysis: Is Carrefour’s strategic plan equal to the market?
Despite challenges in formats and geography, Carrefour’s 2012 results were above expectations and saw its first rise in domestic profit.
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AnalysisOracle Retail Week Awards: Fashion giant Zara powers ahead globally
Zara’s success story is phenomenal - its global reach, supply chain and product are the envy of many rival retailers. Nick Hughes explains why it won Wipro Technologies International Retailer of the Year.
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AnalysisAnalysis: Is the Irish retail market down and out?
The appointment of examiners at B&Q Ireland has cast fresh doubts on the turbulent Irish market but, there are opportunities for growth too.
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AnalysisThe Irish retail market: What retailers need to know
Problems at the Irish arm of B&Q highlight the fragile state of the market. Retail Week examines how retailers in Ireland are faring.
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AnalysisInternational analysis: Russia’s Magnit on course to overtake grocery rival
Russian grocery retailer Magnit has doubled its profit to $807m (£513.2m) in comparison with 2011. The food retailer reported an impressive net profit margin of 5.57%.
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NewsFurniture etailer Made.com expands overseas with French launch
UK designer furniture etailer Made.com has unveiled the first step in its international expansion strategy with the opening of its French website today.
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News
Marinopoulos teams up with online grocer CareMarket
French retailer Carrefour’s Greek franchisee Marinopoulos has teamed with online grocer CareMarket in Greece.Carrefour’s private-label ranges will now be available through the website.Meanwhile, Carrefour Marinopoulos has launched an app for Apple and Android smartphones called Carrefour Greece, which enables customers to access discount vouchers and promotional leaflets.
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AnalysisInternational analysis: French independents have right model for growth
French independent retailers including E.Leclerc, Intermarché and Système U, have all announced that they will report solid 2012 sales growth in their domestic market.
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News
Magnit reports unaudited financial results
Magnit has reported unaudited financial results. Consolidated net retail revenue increased to RUB448.49bn (£9.23bn) for the financial year 2012, up 33.6% on the previous year.Like-for-like sales grew by 8.5%, driven by 7.8% growth in basket size and a 0.6% increase in footfall.In contrast with 2011, hypermarkets outperformed supermarkets and convenience ...
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News
Spar reports net sales increase
Spar has reported a 3.8% net sales increase for the year to December 31, 2012 to CHF1.04bn (£705.4m).Net sales for the 170 Spar, Eurospar and Spar Express stores increased by 2.3% to CHF567m (£384.6m), despite prices being lowered by 1.2%.This year the retailer will open five new Spar supermarkets.
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News
Casino to enter Serbian market
Casino is to enter the Serbian market with seven supermarkets this year. The launch was enabled by an agreement between Casino and local partner Sodibal. The latter has also become official distributor of Casino products and supermarkets for the Balkan region.