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| Current Newsletter | Registration | Advertising | About Us | Contact Us | Archive | Jobs | Events | September 6th, 2010 |
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| Progressive Newsletter No. 135, null | |
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LATVIA: MAXIMA plans to double sales in Latvia According to reports in the Baltic press, citing the head of Maxima’s operation in Latvia, Janis Stakens, the retailer is planning to double annual sales to at least LVL600 million (USD1.1 billion) within five years POLAND: J. MARTINS to open 1000th outlet in Poland in 2007 In a recent press interview, the chief executive of Portuguese retailer Jerónimo Martins, Luis Palha da Sliva, has said that the group plans to open its 1,000th Biedronka discount store in Poland this year UKRAINE: O’KEY to open in Ukraine Russian group O’Key is going to expand in Ukraine. The company plans to have opened four hypermarkets (Kyiv, Krivy Rog, Zaporozhie and Smiferopol) by the end of 2007. RUSSIA: OBI to open up to ten new stores in Russia in 2007/08 Tengelmann-owned DIY network OBI is planning to add between five and 10 new stores to its network in Russia during its 2007 financial year starting 1 May, according to Dieter Meissner, managing director POLAND: CARREFOUR raises investment plans for Poland According to reports in the Polish press, citing the country director of Carrefour’s local operation, Alain Souillard, the investment budget for this year is to be increased to around PLN1 billion (USD340.2 million) HUNGARY: February Retail Sales Rise 0.1% Y-o-Y Hungarian retail sales virtually stagnated in February as both food and nonfood sales saw a decline in demand, according to the Central Statistics Office (KSH). Retail sales fell 0.1% month-on-month |
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SWITZERLAND: Nestle Q1 Sales Surge 6.4% Food giant Nestle saw its first quarter sales rise 6.4% to 24.3bn Swiss francs ($20.1bn), as demand surged ahead of expected price increases. The group also registered a stronger-than-expected UK: New business initiative to offer green products in UK A group of eight businesses in the UK including Tesco and Marks & Spencer yesterday pledged to offer their customers a range of environmental friendly products and services in an effort to help |
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