All Germany articles – Page 17
-
News
Hornbach reports sales increase
Home improvement retailer Hornbach said consolidated sales for the first three months of the financial year to May 31 rose 11.1% to E918.1m (£795m). Net income for the period rocketed by 30.6%. Sales at the 92 DIY stores in Germany grew by 10.7% overall, and by 7.7% on a like-for-like ...
-
News
Metro Group prepares for sale of hypermarket chain Real
Metro Group is said to be preparing for the sale of its hypermarket chain Real, which has been completely refurbished, with underperforming hypermarkets closed and costs reduced. Sale talks with financial investors are currently underway.Nothing concrete is in place yet, as Metro - which is looking to sell the chain ...
-
GalleryThe world, C&A style
European value retailer C&A has created a new format for its stores that has been trialled at the Cologne flagship. John Ryan reports
-
GalleryFashionation, Peek & Cloppenburg Berlin
Putting things politely, German department store Peek & Cloppenburg might be labelled somewhat conservative in its approach to store design and visual merchandising - this is probably not where you come for radical thinking.
-
Opinion
N Brown overlooked
While the etail era has made online outfitter Asos a share price star, another retailer well placed to benefit from changing shopper habits has been overlooked.
-
News
Lidl relying on exclusive manufacturer contracts and own production facilities for private-label
Schwarz Group’s discounter Lidl is increasingly relying on exclusive manufacturer contracts and own production facilities for its private-label products.Lidl is building two more plants for waters and soft drinks in Germany, in addition to its existing four Mitteldeutsche Erfrischungsgetränke GmbH & Co KG factories, bought by Lidl five years ago.
-
News
Hornbach Holding net sales grow 5.7% to £2.6bn
DIY operator Hornbach Holding has revealed net sales growth of 5.7% to E3.02bn (£2.6bn) for the financial year ended February 28.DIY store division Hornbach-Baumarkt-AG achieved growth of 5.6% year on year. Builders material wholesale division Hornbach Baustoff Union increased its net sales by 8.4% to a still marginal E180m (£158m).
-
News
Celesio underlines commitment to DocMorris store network
Pharmaceuticals distributor Celesio has underlined its commitment to developing the DocMorris store network, as well as front-end sales, in order to reduce its dependency on prescription drugs and the associated price regulations.Chief executive Fritz Oesterle said: “We target a balanced portfolio by 2015, when about half of our income will ...
-
News
Rewe Group net turnover up 4% for 2010 to £45.2m
Rewe Group increased its net turnover for 2010 by 4%, up to about e53bn (£45.2m), based on preliminary figures. Sales for the National Full-Range Stores (Rewe supermarkets and Toom hypermarkets in Germany) grew 6.4% over the previous year up to e14.5bn (£12.4bn). The Penny discounters in Germany lost 1.2% in ...
-
News
Fressnapf turnover up 7.6% to £1.08bn
Pet care retailer Fressnapf has posted an annual turnover of €1.28bn (£1.08bn) for the 2010 fiscal year - an increase of 7.6% compared with the year before.Like-for-like sales grew by almost 2%. In its home market of Germany, Fressnapf posted a turnover of €874.7m (£736.9m), a 5.2% increase.In 10 other ...
-
News
Netto Marken-Discount to streanmline brand assortment
Edeka’s discount chain Netto Marken-Discount is considering streamlining its assortment. The brand range may be cut back in favour of an optimised private-label offer, and B and C brands in particular may be replaced by own-labels. Drugstore and dairy products are expected to be affected the most, while condiments and ...
-
News
Deichmann sales climb 12.5% to £3.37bn
Shoe retail specialist Deichmann Group experienced a sales climb of 12.5% during the 2010 financial year, reaching E3.93bn (£3.37bn).The retailer said this was the biggest growth rate for 20 years. At Deichmann’s various banners in Germany sales were up 8%, or 4.8% on a like-for-like basis.
-
GallerySportScheck, Berlin: A store of two halves
Otto-owned retailer SportScheck’s new Berlin store successfully combines technology with tradition. John Ryan pays a visit
-
News
Toom Baumarkt and Hellweg Profi-Baumärkte to establish new buying group
Rewe Group’s DIY arm Toom Baumarkt and DIY retailer Hellweg Profi-Baumärkte have established a new buying group, subject to the approval of the Federal Cartel Authority. It is called DIY Union and will have a sales volume of about E3bn (£2.6bn) at its disposal.
-
News
Rossmann to open 110 stores in Germany in 2011
Drugstore business Rossmann plans to open 110 stores in Germany in 2011. The retailer has earmarked E92m (£79.2m) for investment in the country, out of a total E150m (£129.2m) which will be invested across the business during 2011.Rossmann generated group revenue of E63bn (£54.bn) in 2010, a 12.9% rise over ...
-
News
KiK set to open 200 new stores each year in Europe
Tengelmann-owned clothing discounter KiK has said it plans to continue to open 200 new stores each year in Europe, with a mid-term aim of 4,000 stores. Its expansion remains focused on its German home market, where it sees potential for another 500 stores.The latest update comes as the retailer is ...
-
News
dm group sales increase 8.8% to £4.73bn
Drugstore operator dm reported gross group sales rose by 8.8% to €5.65bn (£4.73bn) in its 2009 fiscal year. In Germany sales reached €4bn (£3.35bn), growing by 8.7%. Chairman and chief executive Erich Harsch said that dm was aiming for market leadership and that it was going to close the gap ...