All Europe articles – Page 34
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AnalysisRetail Week's 25th anniversary: How have UK retailers fared abroad?
The rise of global consumerism encouraged UK retailers to expand internationally from east to west. Mark Faithfull looks at how they fared.
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News
Delhaize Group's takeover bid of C Market on hold
Belgium-based grocer Delhaize Group’s talks with the Serbian government regarding a takeover of the latter’s stake in C Market stores are on hold.The reason given was that the authorities are investigating C Market’s original flotation on the Belgrade Stock Exchange in 2005 as part of a review of the sale ...
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News
Discount banner Rema 1000 reports sales growth
Discount banner Rema 1000 grew sales by 19.5% in Norway and Denmark during 2012.The business boosted owner Reitangruppen’s net sales by 12.4% to NOK71.7bn (£8.18bn) for 2012. EBITDA increased by 19.8% to NOK2.17bn (£247.6m).Revenue growth was also lifted by Reitan’s acquisition of more than 1,000 kiosks in Finland and the ...
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News
Amazon appoints vice-president of European operation
Amazon has appointed Ezequiel Szafir to the role of vice-president of its European operation.Szafir has been managing director of Spanish clothing retailer Cortefiel since 2009 and will take up his position at the end of March.The appointment is aimed at reinforcing the online giant’s position in Europe. It also hints ...
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News
General merchandise retailer SOK reports net sales increase
General merchandise retailer SOK has reported net sales of e12bn (£10.34bn) for the 2012 financial year, up 5% compared with 2011. Supermarket sales rose 7.3% year on year, but sales in department stores and the automotive trade fell 3.3% and 8% respectively.Retail sales in Finland’s neighbouring countries totalled e466.3m (£401.8m), ...
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NewsNew EU rules could restrict supermarket supplier relationships
Supermarket chains could face restrictions on the relationships they have with suppliers, if a new European Commission plan to fight unfair trading practices comes into force.
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News
Carrefour's Greek franchisee to invest in Serbia
French retailer Carrefour’s Greek franchisee Marinopoulos is planning to invest in Serbia.The retailer will open a flagship store in a new shopping centre in Belgrade. The shop is scheduled to open in a year’s time.
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NewsIan Cheshire and Lord Wolfson back Prime Minister on Europe
Retailers including Kingfisher chief executive Ian Cheshire and Next boss Lord Wolfson have welcomed David Cameron’s pledge to hold an in-out referendum on Europe.
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News
Jerónimo Martins reports preliminary sales growth
Jerónimo Martins has reported preliminary sales growth of 11.5% to E10.9bn (£9.06bn) for the full year to December 31, 2012.Like-for-like sales increased ahead of the market, despite a difficult year in Portugal and a slowdown in the Polish economy.In Poland, Jerónimo Martins-owned Biedronka posted sales growth of 18% in local ...
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News
German retailer Schwarz Group outlines plans for Bulgaria
German retailer Schwarz Group has outlined plans for Bulgaria. The hypermarket and superstore business plans to open just two to three new locations in calendar 2013, in addition to the imminent launch of a store in Sandanski, near the Greek and Macedonian borders.Schwarz Group operates 63 Lidl discount stores and ...
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NewsLakeland to expand in Europe as it invests £10m in warehouse facility
Quirky cookware brand Lakeland is investing £10m in extending its distribution centre as it prepares for overseas expansion in Europe and the Middle East.
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News
French sports retailer Oxylane plans Bulgarian stores
French sports retailer Oxylane plans to enter Bulgaria next year, it is reported. The first Decathlon store is set to open in September 2013 in southeast Sofia, with construction already under way.The retailer sees potential in the Bulgarian market for 15 to 20 stores. It also intends to grow through ...
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NewsUK shoppers are biggest online spenders, OfCom reveals
UK shoppers spend more money online than any other “major” country, a report by OfCom has revealed.
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NewsGlasses Direct owner acquires contact lens specialist LensOn
Optical specialist Prescription Eyewear has acquired online contact lens specialist LensOn.
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NewsTesco likely to exit US business as Tim Mason departs
Tesco chief executive Philip Clarke is considering exiting the US as he conducts a strategic review of the business.
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AnalysisAnalysis: B&M Bargains deal sets foundations for European growth
Private equity firm Clayton Dubilier & Rice yesterday revealed its estimated £965m investment in value retailer B&M Bargains as well as Sir Terry Leahy’s appointment as non-executive chairman. Retail Week speaks to co-managing director Simon Arora and analyses the implications of the deal.
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OpinionComment: Choosing the right market for cross-border trade
The world is flattening and borders are blurring, opening up a wealth of new opportunity for UK retailers.
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News
UK and Germany named 'easy' markets for expanding retailers
The availability of prime locations, the maturity of the retail property and an open business environment make the UK the second easiest market for retailers seeking to expand, according to a new report.
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OpinionComment: How to avoid the race to the bottom
In a tough economy where rising costs and fears over unemployment are battering consumer confidence, it is inevitable that retailers will put price to the fore in their propositions.
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News
Netflix to launch in Scandinavia
US entertainment specialist Netflix plans to launch in Scandinavia by the end of this year.Netflix will offer streaming services in Norway, Denmark, Sweden and Finland and promises a wide range of Hollywood, local and global TV shows and movies.In Scandinavia, Netflix will face competition from Amazon’s LoveFilm subsidiary, which operates ...