All Europe articles – Page 35
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NewsAurora: Focusing on growth
The fashion group is driving success by focusing on multichannel and overseas growth.
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AnalysisChallenges await the new Carrefour chief executive
In Lars Olofsson’s last full quarter as chief executive, French grocery giant Carrefour reported a 0.9% rise in first quarter sales excluding fuel, at constant exchange rates, to E22.5bn (£19bn).
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Galeries Lafayette to revamp flagship store
Department store business Galeries Lafayette plans a E85m (£71.8m) investment at its flagship store on Boulevard Haussmann in Paris.The retailer intends to expand the space dedicated to luxury goods, leather products, jewellery and footwear. As part of the renovation, Louis Vuitton, Cartier and Chanel outlets will be located on two ...
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Cora plans click-and-collect service
Grocery retailer Louis Delhaize plans to launch a click-and-collect service for its Romanian hypermarket chain Cora. The new service will be called Cora Drive. The retailer already offers Cora Digital, a service that allows customers to pick up consumer electronics delivered from Cora hypermarkets to smaller stores in customers’ local ...
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Intermarché given go-ahead for Altis takeover
Grocer Intermarché has received approval from competition authorities to take over 20 Altis stores operating under the Carrefour banner. Last year, Intermarché reached an agreement with Spanish grocer Eroski to acquire the Altis joint venture in southern France.Eroski had already purchased Carrefour’s 50% stake in Altis, which operated six Carrefour ...
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NewsAmerican Golf: Driving its way forward
Securing a new boss and driving growth is top of the agenda for the golfing specialist.
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Ikea plans first Croatian store
Home furnishings retailer Ikea plans to open its first store in Croatia at the end of 2013, the Croatian Times reported.Following a meeting with company officials, the Swedish ambassador to Croatia, Fredrik Vahlquist, said long-term plans included the opening of two more stores in Rijeka and in the Dalmatian city ...
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NewsUK retail sales outperform Europe over Christmas
UK retail sales outperformed the European average over Christmas as online shopping helped boost sales in a tough trading environment.
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AnalysisThe big picture of development
The scale of development in the UK and the rest of Europe is polarising. With a handful of plans for mega schemes in the pipeline, and other boutique and niche projects being pushed forward, Mark Faithfull considers whether the middle ground has been squeezed out.
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Inditex to open stores in Bosnia and Herzegovina
Inditex has announced that it will open its first stores in Bosnia and Herzegovina this year. The company plans to introduce its Zara, Bershka and Pull & Bear brands, unveiling its first Zara unit in the Brodomerkur-Mepas shopping centre, Mostar. The mall will open in March and will be one ...
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NewsThe Body Shop records 'solid' growth
The Body Shop enjoyed a 4.2% increase in like-for-like sales growth in 2011 following a “militant” approach to innovation.
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Komplett acquires stake in Blush
Online electronics retailer Komplett has acquired a stake in Blush, an online health and beauty retailer. Komplett chief executive Ole Vinje said: “This is a whole new product category for us. Blush offers consumer products for beauty and wellness that are easy to order and, not least, easy to have ...
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OpinionM&A climate poised for improvement
Private equity needs to go shopping in 2012, and global M&A activity will continue despite market volatility.
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AnalysisGap has its sights set on Europe for future growth
US clothing retailer Gap is confident it can weather the fallout from Europe’s sovereign debt crisis.
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Lidl to open first Lithuanian store
Schwarz Group’s discount chain Lidl will open its first Lithuanian store in Alytus in the south of the country. According to reports, Lidl intends to open stores in Lithuania’s five biggest cities and every town of more than 20,000 inhabitants. In 2002, Lidl decided to open stores in Lithuania and ...
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Kesko appoints Arja Talma
Grocery and general merchandise retailer Kesko has appointed Arja Talma as president of Rautakesko and corporate management board member responsible for Kesko’s building and home improvement trade. Talma has been Kesko’s chief financial officer since 2005 after joining the company in 2004.Minna Kurunsaari has been named corporate management board member ...
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Electronics retailer Komplett reports sales increase
Norwegian online electronics retailer Komplett has reported sales increased 3.7% to NOK1bn (£112.9m) for the third quarter ended September 30. Direct sales contributed the largest share with a rise of 3.5% to NOK706m (£79.72m). Although direct sales climbed 33.4% to NOK53m (£5.99m) in Denmark and 6.2% to NOK479m (£54m) in ...
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NewsEU legislation prevents UK retailers opening stores in Europe, says BRC
Unnecessary legislative barriers are preventing UK retailers opening stores in other EU countries, according to the British Retail Consortium.
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Ahold sells its ICA Maxi hypermarkets and superstores
The board of Ahold’s Norwegian ICA operations has decided to sell its ICA Maxi hypermarkets and superstores. The retailer plans to concentrate its Norwegian operations on discount store chain Rimi and the ICA Supermarket concept. This means ICA Norway will initiate a sales process for the company’s ICA Maxi stores. ...