Current Newsletter | Registration | Advertising | About Us | Contact Us | Archive | Events April 23th, 2014
     Newsletter No. 480, 18 - 25 March
  UKRAINE: Russian retailer X5 sells Ukrainian stores send this to a friend 
 
Russian retailer X5 Retail Group has agreed to sell its stores in Ukraine to local rival Varus for an estimated $5-10 million, Ukrainian newspaper Capital reported. X5 is the first Russian company to pull out   read more...
  RUSSIA: Metro delays IPO of Russia Cash & Carry unit amid market turmoil send this to a friend 
 
Metro AG, Germanyís largest retailer, delayed an initial public offering of its Russian Cash & Carry unit amid turmoil in the region. Market conditions arenít currently appropriate to proceed, the company   read more...
  GREECE: Carrefour to expand franchise chain in Greece send this to a friend 
 
The Carrefour group will expand its franchise chain in Greece, where it operates under the name of its local partner Marinopoulos, after the latter signed a deal with the company Karipidis Bros, which   read more...
  POLAND: Growth push for Lidl Poland send this to a friend 
 
In Poland, Lidl is looking to open more than 30 new stores this year plus a new warehouse facility near Bydgoszcz. The outlets will add to the current network of more than 500 sites and seven   read more...
  TURKEY: Migros reports strong FY growth send this to a friend 
 
Migros Ticaret has reported a strong rise in profits and sales for the last fiscal year, even as it increased its market share. The group said sales for the year rose by a calendar-adjusted 10.2% to 7.1bn   read more...
  GREECE: Private label sales in Greece grow 5% year-on-year send this to a friend 
 
Greece's private-label product sales grew at a rate of 5% per annum from 2010 to 2013, according to new research by the Institute of Retail Consumer Goods (IELKA). The change in consumer shopping   read more...
  BELGIUM: Delhaize Group publishes profits, outlines expectations send this to a friend 
 
CEO Frans Muller has offered an assessment of Delhaize Groupís current performance as the company revealed its plans for 2014. The group continued to have positive momentum in the US, he said   read more...
  FRANCE: Auchan publishes 2013 results +3.4% send this to a friend 
 
Auchan reported results for the 2013 fiscal year ended 31 December 2013. Group net sales increased 3.4% y-o-y to EUR 48.1 billion driven almost exclusively by progress in Central Europe, Eastern   read more...
  FRANCE: Acquisition of Carrefour franchises in Alsace finalised send this to a friend 
 
After almost 6 months of negotiations, Carrefour has finalised the acquisition of 128 Coop Alsace convenience stores. But not all of the shops will be Carrefour City or Express stores (probably less than   read more...
  GERMANY: Metro to close 8 Real hypermarkets in Germany send this to a friend 
 
Real, Metro Group's hypermarket chain plans to close 8 unprofitable stores in Germany. 650 staff will lose their jobs and the closures are planned for September 2015. The store closures will be in   read more...
  AUSTRIA: Lidl to invest more than 100 million in 2014 in Austria send this to a friend 
 
Lidl Austria will this year make its largest ever investment. A qualitative expansion remains the focus, report Austrian website oe-journal.at. In the medium to long term, all 202 branches will be   read more...
  FRANCE: Carrefour launches upgraded fresh format store send this to a friend 
 
Carrefour has launched a new store focused on fresh products, in Paris, France. The storeís aisles have name-plates resembling Parisian streets while fittings help differentiate between areas: bakery   read more...
  GERMANY: New management for Lidl send this to a friend 
 
Sven Seidel is to become the new Chairman of Lidl International, the German discounter said, confirming a report by Lebensmittel Zeitung. The 40-year-old manager will take over the reins after the sudden   read more...
  SPAIN: Click & Drive offer at Eroski send this to a friend 
 
Spanish co-operative retailer Eroski has launched Click & Drive, a new click & collect service at its Leioa hypermarket in Vizcaya, Basque Country. The new facility has a covered area of 100 square   read more...
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