Europe – Page 35
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AnalysisAuchan pins hopes on China for future growth
French retailer Auchan hopes its Chinese operations will drive growth because sales in Western Europe are expected to remain flat.
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AnalysisEmerging markets drive profits growth at Casino
French grocery group Casino reported strong results for 2011 last week, boosted by overseas operations.
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AnalysisLondon 2012: will retailers benefit?
You don’t need a ticket to gain extra sales from this year’s Olympic Games but, as Mark Faithfull reports, not all retailers stand to benefit from the events taking place in the UK this summer.
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AnalysisWhich are the most exciting emerging markets?
So where will you head off to in 2012? To help plan your international forays this year, Rebecca Thomson considers some of the most exciting emerging international retail markets in the most unlikely of places.
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OpinionM&A climate poised for improvement
Private equity needs to go shopping in 2012, and global M&A activity will continue despite market volatility.
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GallerySvensk Tenn, Stockholm, Sweden
Sweden is known for its interior design, and in a retail context, this usually means stripped back minimalism with a lot of wood to emphasise the natural qualities of the great Scandinavian outdoors. And to an extent, the newly refurbished Svensk Tenn store in Stockholm is a case in point.
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GalleryIn pictures: M&S Paris flagship opens today
Marks & Spencer is to open its flagship Paris store today.
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AnalysisKingfisher’s Turkish adventure
It might not attract as much attention as some overseas markets, but Turkey is one of Kingfisher’s big hopes for the next decade. Rebecca Thomson reports on its plans there.
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NewsMarks & Spencer launches French website
Marks & Spencer has returned to France with the launch of its new website in the country.
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News
Auchan posts consolidated revenue increase
Auchan has posted a 5.8% increase in consolidated revenue, excluding fuel, to E21.2bn (£18.6bn) for the first half of 2011. Like-for-like sales were up 1.3%. Revenue trends varied, however, by country. In France Auchan delivered a revenue increase of 3.3%. Sales from the retailer’s other Western European markets fell 0.8%. ...
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Intermarché launches new marketing campaign
Independent grocery chain Intermarché has launched a marketing campaign that offers to refund the price difference on 250 brands if customers find them cheaper at rival stores. The campaign began at the end of August in time for the back-to-school and back-to-work period in France, and will run for a ...
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Mercator reports first-half revenue of €1.4bn
Mercator has reported first-half revenue of €1.4bn (£1.24bn), up 6.1% year-on-year. Net profit grew by 4.9% to €18.5m (£16.3m). The company’s measures for the period included lowering the prices of more than 2,000 products, which required an investment of almost €12m (£10.6m). The sales area of the company’s operations grew ...
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Ahold operating income drops
Ahold saw operating income drop 4.9% to E719m (£634.5m) in the first half of 2011. Net sales reached E16.1bn (£14.2bn), up 1.7% in comparison with the same period in 2010. In the second quarter, net sales dropped 3.5% to E6.9bn (£6.1bn). Ahold’s US operations saw net sales increase by 6.5% ...
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NewsWade-Gery appoints number two to bolster online business
Former Dixons and John Lewis man David Walmsley joins M&S to spearhead multichannel sales drive
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NewsAsos drives global sales with further overseas site launches
Asos will launch its next tranche of international websites in September as it seeks to further drive overseas sales.
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NewsInditex extends collaboration
Spanish fashion retail group Inditex has agreed to prolong its franchise agreement with local clothing market leader Apranga Group in the Baltic States of Lithuania, Latvia and Estonia until 2014
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NewsKingfisher targets aspirational shoppers with Polish revamp
Kingfisher is revamping its Polish business to focus on higher-margin, aspirational products as the DIY group ramps up its own-brand offer in the country.
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Migros Ticaret sells discount store chain
Supermarket retailer Migros Ticaret has afreed to sell its discount store chain Sok to Turkish reatiler Bizim Toptan and private equity firm Gozde Finansal.Migros sold 99.6% of its stake in Sok. The transaction is conditional upon regulatory approval from the Turkish Competition Board and is expected to close in the ...
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Sales increase at Spar International
Spar International saw sales increase by 4.5% in 2010. The group’s worldwide retail sales grew by more than E1.3bn (£1.16bn) creating a turnover of E29.8bn (£2.65bn), a cumulative 10.4% increase over the last two years. The organisation says this rise was due to larger format stores and significant growth in ...