All International articles – Page 199
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AnalysisMetro dips into Indonesia with cash and carry outlets
Metro Group has announced that it is to open its first cash and carry in Jakarta, Indonesia in 2012, joining forces with Indonesian investment holding Sintesa Group
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OpinionRetailers must travel beyond UK for growth
International expansion has traditionally been seen as an opportunity to take advantage of exciting new territories and the growing consumer economies of emerging markets.
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NewsTed Baker mulls overseas push after 9% sales rise
Quirky fashion retailer Ted Baker has identified potential to open concessions in up to 40 El Corte Inglés stores after a successful 12-shop trial.
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NewsInditex fares better than rival H&M as global sales soar
Inditex, owner of the Zara chain, fared better than rival H&M as its global sales soared 11% in its first quarter.
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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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NewsTarget enters formal mediation over name
US-based grocer Target has entered formal mediation over whether it can use the Target name in Canada.
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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 ...
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Lidl negotiates to buy land for future stores
German-based Lidl is negotiating to buy land for future stores. Lidl says it is looking to begin operations in major cities.
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Uniqlo expects sales boost
Clothing chain Uniqlo has said it expects to see a sales boost this year as shoppers buy lighter clothing during the summer as a result of rising temperatures.
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Future Group plans new electronics retailing format launch
Future Group is planning to launch a new electronics retailing format, which is a hybrid of e-Zone, its bricks-and-mortar electronics retailing arm, and its ecommerce portal Futurebazaar.com.
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Dollar General reports like-for-like sales
Dollar General has reported like-for-like sales up 5.4%, with sales increasing 10.9% to $3.45bn (£2.1bn) for the first quarter ending April 29.
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Borders finds a potential bidder
Bookseller Borders has found a potential bidder in the form of Gores Group. The private equity firm has shown interest in acquiring 200 of Borders’ 405 stores. The deal would keep the bookstore chain operating as a going concern in the wake of it filing for chapter 11 bankruptcy in ...
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AnalysisHow can retailers crack China?
China is now the second biggest economy in the world. Rebecca Thomson looks at the numbers and considers how retailers can reap rewards from this global superpower.
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AnalysisTaking payment overseas
International customers are flocking to buy from the websites of retailers based in the UK, but they do expect to pay using their preferred local options, finds Alison Clements
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NewsLosses widen at Kookaï as sales plummet
Fashion chain Kookaï has reported pre-tax losses edged up and sales fell 30% in the year to August 28.
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AnalysisWalmart China takes a hit as two top executives quit
Walmart has said that two senior executives at its Chinese operation, chief financial officer Roland Lawrence and chief operating officer Rob Cissell - formerly of B&Q and Robert Dyas - have resigned.
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NewsChain Reaction Cycles mulls new investment
Bikes and accessories etailer Chain Reaction Cycles is considering seeking more investment to pedal future growth.
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NewsBurberry plots store refits and international flagship openings
Luxury retailer and brand Burberry is to plough £80m into store refurbishments this year and focus on high-profile flagship openings after reporting a surge in profits.
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NewsTesco brings Turkey COO home to lead superstores
Tesco has brought its chief operating officer in Turkey back to the UK as part of group chief executive Phil Clarke’s plans to bolster the lacklustre UK division.