All International articles – Page 216
-
NewsTesco remains a potential bidder for Carrefour's Malaysian stores despite Thai setback
Tesco remains a potential bidder for rival Carrefour’s Malaysian assets after losing out to Casino in an auction for Carrefour’s Thai business.
-
Opinion
Douglas Gmbh pilots digital signage in Mainz
Perfumery retailer Douglas GmbH has installed digital signage in a store in Mainz to improve the customer shopping experience.
-
NewsTesco considers drive-thru launch at dotcom-only stores
Tesco is considering opening drive-thru pick up areas at its dotcom only stores in the latest plan to further grow its multichannel operations by providing customers with new ways to shop.
-
NewsSainsbury’s looks beyond China for further emerging markets
Sainsbury’s is to explore other emerging markets alongside China as it seeks to outline long-term growth opportunities for the business.
-
AnalysisJapan’s Aeon to triple spend on emerging Asian markets
Japan’s second largest retailer Aeon recently announced an ambitious new three-year business plan, in which the company will nearly triple its investment in overseas Asian markets by fiscal 2013.
-
NewsBolland’s plan for M&S can restore £1bn profit
Bolland outlines aim to exploit the brand, develop multichannel and up overseas growth
-
News
Media-Saturn to open first store in China
Metro Group-owned consumer electronics retailer Media-Saturn will open its first store in China, in Shanghai, on November 17 this year. The store will have a sales area of 145,320 sq ft.Media-Saturn chief executive Roland Weise confirmed that the retailer was planning to grow its local network to 10 stores in ...
-
News
Lidl given the go-ahead for acquisition of Tengelmann's discount stores
The Romanian competition authorities have formally given their go-ahead for the acquisition of all of Tengelmann’s 105 Plus discount stores in Romania by Lidl. The office stated that the transaction would have no negative effects on competition in the national grocery market.For Lidl, the decision means that it will expand ...
-
News
Fnac to expand into Northern Africa and South America to move sales away from France
PPR-owned electronics retailer Fnac aims to generate half of its sales outside of France by 2015 as it expands in Northern Africa and South America. Chief executive Christophe Cuvillier said: “We’re looking to expand in other countries. The priority internationally is to grow where we already are.”Fnac will open its ...
-
News
Whole Foods Market like-for-likes increase 7.1%
Grocery retailer Whole Foods Market has reported sales for the full year ended September 26 increased 12% to $9bn (£5.56bn), with like-for-likes increasing 7.1%. EBITDA increased 29% to $713.6m (£440.9m). These results included Federal Trade Commission-related legal costs of $2.5m, compared with $14.7m in the prior year and a gain ...
-
News
Distribución y Servicio (D&S) to change its name to Walmart Chile
Grocery retailer Distribución y Servicio (D&S) is to change its legal name to Walmart Chile. The move will have to be ratified at the next company shareholder meeting, which will take place in late November. The decision will not affect the fascias that the retailer operates such as Líder, Ekono ...
-
News
H&M opens first store in Turkey
Swedish fashion retailer H&M has opened its first store in Turkey, in the country’s capital, Istanbul. The 24,760 sq ft store is located in the Forum Istanbul shopping centre and the retailer will continue its expansion in the country by opening the second H&M store in Istinye Park in December ...
-
News
Pantaloon Retail to add 15m sq ft of retail space by 2014
India-based Pantaloon Retail has announced plans to invest INR2,100 crore (£280.1m) over the next three years on expansion. Speaking to investors at the company’s AGM, chief executive Kishore Biyani said that the funds would be used to add 15 million sq ft of retail space by 2014. “The funds will ...
-
News
Walmart submits bid for Matahari hypermarkets
Walmart has reportedly submitted a bid for Indonesian retailer Matahari’s hypermart stores, joining regional competitor Lotte Shopping and private equity firm Carlyle Group.Although it is unclear whether Walmart has formally bid for the business, Reuters reports that the retailer has hired Barclays Capital to advise on the transaction, which could ...
-
News
Metro to add smaller stores in Asia
Metro Group-owned Metro plans to add more city centre cash and carry outlets in Asia. The centrally located stores will be smaller, with only about a third of the floor space of its suburban stores. Metro Group is expanding in Asia to become less reliant on its domestic German market ...
-
News
Amazon to launch home delivery service for food and drink in Japan
Amazon will start a regular home delivery service for food and beverage items in Japan by the end of the year. Amazon.co.jp will begin by delivering just baby food but is expected to expand the service to beverages and processed foods next year.Amazon expects the service will initially be used ...
-
OpinionM&S’s overseas conundrum
Marks & Spencer may have made a mistake when it sold its shops in France and Spain almost a decade ago, but buying them back sounds downright odd.
-
NewsAsos launches French and German websites
Online fashion specialist Asos launched dedicated transactional websites serving France and Germany last week.
-
News
Bath & Body Works launches in Dubai and Kuwait
Limited Brands’ Bath & Body Works is launching in the Middle East with the opening of six stores in Dubai and Kuwait. It already has La Senza lingerie stores located in the countries, but the new stores will mark Bath & Body Works’ first entry into markets outside of the ...
-
News
Lidl launches in Cyprus
Schwarz Group’s discounter Lidl launched in the Cypriot market this week, opening its first seven stores simultaneously. Following the opening, the discount retailer’s goal is to “eventually fully cover the geographical area of Cyprus in order to be able to serve even more residents”, the company said. The first stores ...