All Europe articles – Page 38
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News
M&S to trial food in Czech store
Marks & Spencer is planning to open food departments selling sandwiches and refreshments, it is reported. First trials of a food offering are taking place within the retailer’s clothing store in the DBK shopping centre in Prague and from September another pilot will take place in the Galerie Fenix shopping ...
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Conglomerate Mercator to acquire the retail business of Coka
Slovenian-based retail conglomerate Mercator has signed an agreement to acquire the retail business of Serbian company Coka. Mercator says the move will boost its position as the second-largest retailer in Serbia. Under the strategic partnership agreement between Mercator S and Coka Holding, the subsidiary of the Slovenian grocer will obtain ...
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Rewe explores Bipa launch in Romania
Rewe Group is examining Romania and other central and eastern European markets for the potential launch of its Austrian Bipa drugstore concept. According to a company’s spokesperson, Rewe Group cannot unveil any detailed plans as “they do not yet exist”. Bipa is currently present in Austria, Italy and Croatia.
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First DocMorris pharmacy opens in Italy
The first DocMorris pharmacy has opened in Italy, in Milan, as German healthcare and pharmaceutical business Celesio pushes ahead with internationalisation of its pharmacy banner. Celesio is planning to open more test pharmacies in Italy in the near future.Celesio has been present in the Italian wholesale market and pharmacy market ...
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Makro plans 20 small-format stores
Cash and carry chain Makro, owned by Metro Group, plans to have 20 stores of the small-sized Makro Punct concept in the mid-term. Four stores are due to open within this year, according to Makro Poland managing director Uwe Hölzer.The stores are focused on fresh food and a higher private-label ...
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Ahold and Schwarz face Czech monopoly probe
Dutch retailer Ahold and Germany-based Schwarz Group are the subject of an investigation launched by the Czech anti-monopoly office UOHS into suspected abuse of market positions. UOHS said it was investigating whether the retailers abused their market power in the central European country, but gave no further details. Under Czech ...
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NewsClinton Cards considers closing its Ireland stores
Clinton Cards is mulling closing its underperforming Irish stores as the greetings card retailer issued a profit warning this week.
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Amazon launches food offer in Germany
Amazon has launched its online shop for groceries in the country, with 30,000 items, including vegetables, meat, fish and baked goods as part of the offer.The products are offered by Amazon and 60 partners with whom the retailer has teamed up. Delivery will remain the same as Amazon’s normal service ...
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Germany’s Woolworth emerges from insolvency
Variety store operator Woolworth has formally emerged from insolvency, following its integration into the Tengelmann group. Of the formerly about 300-strong portfolio, which was reduced to 162 under administration, about 150 have now been transferred to the new owners.The group of owners consists of Tengelmann and HH Holding, the group ...
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Sligro set to take over Sanders
Grocery wholesaler and retailer Sligro is about to take over regional supermarket operator Sanders. Sligro said it expects that an agreement will be reached on the acquisition of Sanvier, the operator of 22 Sanders supermarkets in the Twente region and a meat processing business. Both Sanders and Sligro are members ...
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Mercator drops Merkur acquisition plan
Mercator, the country’s largest food retailer, has abandoned its plans to buy local rival Merkur due to issues with Merkur’s creditors. Last month Mercator signed a letter of intent to buy Merkur’s retail network, but Merkur’s bank creditors decided against the sale of any part of the company. Merkur, which ...
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News
Ed and Dia launch a free loyalty card
Carrefour’s discount stores in France, operated under the Ed and Dia banners, have launched a free loyalty card called Club Dia.The retailer will run a promotion where twice a month, for 15 days, loyalty card holders are granted immediate reductions on more than 200 products. The scheme will cover both ...
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Otto Group posted an EBIT of €34m
Retail and mail order conglomerate Otto Group has posted an EBIT of €34m (£28.5m) for the year ended February 28, compared with a loss of €95m (£79.6m) in the previous year.EBITDA rose to €314m (£263m), up from €229m (£192m).The company said it achieved growth in all its business segments, with ...
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Metro in no rush to sell off Kaufhof
Metro Group chief executive Eckhard Cordes has declared that he is in no rush to sell off its Kaufhof department store division. All potential bidders are thought to be financial investors, who have found themselves struggling to secure funds after an increase in fortunes in recent weeks at Kaufhof. Cordes ...
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KiK aims for 5,000 stores
Tengelmann-owned clothing discounter KiK is planning to increase its number of stores across Europe from more than 2,900, to about 5,000 within the next five years. This will involve growth in the existing markets such as Germany, Austria, the Czech Republic, Slovakia and Hungary, as well as new market entries. ...
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No rush to sell PPR retail operations
According to chief executive François-Henri Pinault, PPR isn’t in a hurry to sell off its retail operations — entertainment and electronics retailer Fnac, household goods retailer Conforama and mail order specialist Redcats.He said: “I will take the time that is necessary to sell off our operations at good conditions.” When ...
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Eroski sales down 6%
Spanish grocer Eroski reported a 6% decrease in gross sales during 2009 to €8.43bn (£7.6bn) as the retailer’s price cuts amid weak consumer confidence weighed on sales.The retailer also reported a net loss of €69m (£62m), a drop of 29% on last year, as Eroski’s results continued to be hit ...
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NewsDebenhams showcases Danish expansion move
Debenhams was scheduled to run an analysts’ visit to Copenhagen as Retail Week went to press to demonstrate its integration of Danish department store Magasin du Nord.
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Praktiker sales drop 6%
Praktiker, the DIY group, has reported a 6% drop in sales to €747.9m (£651.2m) in the first quarter of 2010, due to prolonged winter weather and persistent economic weakness in Eastern Europe.Net losses were €37.5m (£32.6m), steeper than the €36.8m (£32m) loss for the same period a year ago. January ...