All Europe articles – Page 45
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NewsTopps Tiles moots options to bolster sales
Topps Tiles is considering potential new revenue streams, including business to business, and mulling whether to pull out of Holland.
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Promotions lift Laura Ashley sales
Sales at Laura Ashley jumped 8.4 per cent in the 17 weeks to May 30, due mainly to targeted promotions and store openings. Like-for-like sales rose 6.9 per cent.
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Future of Arcandor remains unclear
The future of Karstadt owner Arcandor remains unclear after rival group Metro proposed that it acquire and merge Karstadt’s stores with its own Kaufhof fascia.But Arcandor chief executive Karl-Gerhard Eick remains confident of a state-backed solution after lobbying for a €650m (£564m) loan. Arcandor argues that Metro’s idea could cost ...
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NewsTK Maxx and HomeSense in 500-store Euro assault
Discount fashion and homewares retailers TK Maxx and HomeSense are to embark on huge expansion drives in the UK and Europe.
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NewsHollister to press ahead with Continental push
Abercrombie & Fitch sister brand Hollister is to defy the economic slowdown as it forges ahead with a Continental European roll-out.
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Nike signs for Budapest
Nike has agreed a pre-let at Miller Developments and Raiffeisen Ingatalan’s Budapest Factory Outlet Center. Nike will be taking 7,530 sq ft (700 sq m) on a 10-year lease at £100,000 a year. The mall, situated west of Budapest, is on schedule for completion in October and has already secured ...
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Lidl opens in Slovakia
German discounter Lidl has opened its first shop in Slovakia. The store is in the Bratislava borough of Petrzalka. Lidl, which operates 5,000 stores across Europe, has not revealed how many stores it plans in the country.
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Norway fights back at Lidl
Norwegian grocers are to join forces to take on German discount chain Lidl , which is due to open 65 stores in the country from this summer. They hope to lower costs and improve competitiveness with joint IT and transport venture TakeCargo.
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Comer takes Ardennes as it moves into outlets
Europe’s factory outlet centre sector has a new player, with ambitions to grab a major slice of the lucrative Continental market.