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GREECE: CARREFOUR Marinopoulos' franchise model investigated by Greek Competition Committee
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Carrefour Marinopoulos will face the Competition Committee at the end of April this year, according to reports in the local press. Carrefour Marinopoulos will defend itself against charges of violating competition
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RUSSIA: MOSMART appoints third CFO in the last twelve months
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Russian retailer Mosmart has appointed Sergei Kushakov as a new CFO of the company. Sergei Kushakov was working as Operations Director for Detskyi Mir. He is already the third Financial Director
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RUSSIA: X5 to restructure product range
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In the light of the new Russian trade law which has come into force on Feb this year, X5 is going to reduce and restructure its product range, CEO Lev Khasis revealed. This will result in a reduction in supplier
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POLAND: TESCO plans Polish hypermarket revamp
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Tesco is planning to revamp its Polish hypermarkets so they look more like their UK equivalent, Tesco Extra, in an effort to reinvigorate its business in Poland, The Grocer reported. Tesco also plans to introduce
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CZECH REPUBLIC: SCHWARZ GROUP Lidl turns to profit in the Czech Republic
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Schwarz Group-owned discounter Lidl in the Czech Republic recorded a profit of CZK906 million (USD53.0 million) in the fiscal year 2008/2009 ended 28 February 2009, against a CZK52.5 million (USD2.6 million)
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UK: TESCO to create recycled clothing range
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UK retailer Tesco is to create a line of recycled clothing for its Florence and Fred clothing range in collaboration with an ethical fashion label. The collection, called From Somewhere to F&F and which
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NETHERLANDS: AHOLD posts sales growth for 2009
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Dutch retail group Ahold has this morning reiterated its mid-term targets to achieve a net sales growth of 5% this year, mainly from identical sales growth, and a retail operating margin of 5%. Speaking
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FRANCE: CASINO posts slight sales decrease in 2009
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French retailer Casino reported EUR26.75 billion (USD37.19 billion) net sales for 2009, a 1.2% decrease on the EUR27.08 billion (USD39.62 billion) it reported for 2008. It posted 1.21 billion trading profit
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GERMANY: METRO GROUP announces changes to management board
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Germany-based Metro Group has announced that Zygmunt Mierdorf, a member of the Management Board of Metro since 1999, is leaving the company’s board effective 2 March 2010. On 26 February
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UK: WAL-MART Asda takes delivery of 150 refrigerated trailers
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Wal-Mart’s UK subsidiary Asda has taken delivery of 150 new refrigerated trailers from Schmitz Cargobull, Logistics Manager reported. The trailers will operate out of Asda’s regional distribution
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UK: WAL-MART Asda CEO approaches 2010 with aggressive strategy
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Wal-Mart-owned Asda’s Chief Executive Andy Bond said it hasn’t become “boring” and is approaching 2010 in an aggressive mood with a raft of new initiatives, Retail Week reported. Bond outlined a “new
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UK: TESCO Dobbies to open eco store in Scotland
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Tesco-owned Dobbies is set to unveil a new model store at the beginning of next month in Aberdeen as part of ambitious plans to quadruple the number of shops to 100 over the next 10 years. The Dobbies
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US: PepsiCo Completes Transformative Bottling Acquisitions
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PepsiCo has announced that it has completed the $7.8 billion strategic acquisitions of its two largest bottlers, The Pepsi Bottling Group, Inc. and PepsiAmericas, Inc. With the completion of the mergers
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US: TESCO Fresh & Easy makes store format changes
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Tesco’s Fresh & Easy Neighborhood Market has made a series of store changes due to customer feedback and the US economy, Store Design & Planning Director Steve Ryder told Frozen Food Digest
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