All International articles – Page 218
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AnalysisCasino trumps Tesco to Carrefour’s Thai assets
Casino subsidiary Big C has emerged as the surprise purchaser of Carrefour’s assets in Thailand.
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AnalysisWeathering the fashion costs storm
With cost increases across materials, shipping and labour, are rising prices the only way for retailers to protect profit?
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AnalysisInternational etail sites
When it comes to expanding online overseas is it better for retailers to launch dedicated websites for each market, or is the expense not worth it?
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News
Topshop calls off entry into Norway after copyright dispute
Arcadia Group-owned fashion retailer Topshop has called off its market entry into Norway after a copyright dispute with a local retailer that has already registered the brand Topshop in the country. Topshop has been in negotiations with the owner for more than a year without results.
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News
Indigo Q2 revenue rises 3.8%
Book retailer Indigo has reported a 3.8% growth in revenue for its second quarter ending October 2. Revenue for the quarter was CAD214.8m (£131.7m), up CAD7.8m (£4.8m) from last year. On a like-for-like basis, Indigo and Chapters superstores posted a 0.7% decline in revenue, while small format stores were ...
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News
Shoppers Drug Mart Q3 sales increase 2.6% to £1.9bn
Shoppers Drug Mart has recorded a 2.6% sales rise in the third quarter to CAD3.09bn (£1.9bn), with the company reporting continuing sales growth in all regions of the country. On a like-for-like basis, sales increased 1.2% during the quarter, while prescription sales increased 0.8%, or 0.2% on a like-for-like basis.
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News
Kohl's and Macy's records flat Q3 profits
Department store retailers Kohl’s and Macy’s have reported their third-quarter results for the period ended 30 October. Kohl’s reported its net profit for the third quarter was flat at $194m (£120.3m), compared with $193m (£119.7m) a year ago. Net sales for the quarter were $4.2bn (£2.6bn), an increase of ...
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News
Exito works with Dunnhumby to better understand customer behaviour
Casino-owned Colombian retailer Exito has announced that it is working with Dunnhumby to better understand consumer behaviour in its stores. The Tesco-owned market research company will be working with the information generated by the Puntos Éxito and SuperCliente Carulla-Pomona loyalty cards.
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News
Delhaize Group Q3 sales increase 0.8% to £4.4bn
Delhaize Group has posted sales growth of 0.8% at identical exchange rates in the third quarter, the period between July and September. At actual exchange rates, sales increased by 8.6% to €5.3bn (£4.4bn) due to the strengthening of the US dollar by 10.8% against the euro compared with the third ...
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News
Dansk Supermarked sales up 3% to £4.93bn
Netto-owned Dansk Supermarked has reported sales up 3% to DKK43.2bn (£4.93bn) in the first nine months of 2010, up from DKK41.8bn (£4.77bn) during the same period last year. Net income was DKK1.36bn (£152.9m), a rise of 2% on last year. Dansk Supermarked majority owner A P Møller-Maersk said in a ...
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News
Shoppers Stop turnover soars 23%
Variety retailer Shoppers Stop posted a 23% jump in retail turnover to INR5.08bn (£70.5m) for the quarter ended September 30. Net profit soared 44% to INR174m (£2.4m).
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News
The Warehouse Group Q1 sales fall 0.2%
The Warehouse Group has reported flat first-quarter results with a 0.2% decrease in net sales for the three months to October 31, down to NZD362.3m (£173.8m).
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News
ICA Q3 sales rise by 0.2% to £2.1bn
Ahold-controlled Nordic retailer ICA has announced that net sales grew by 0.2% to SEK23.5bn (£2.1bn) in the third quarter to the end of September, while operating income grew 0.4% to SEK940m (£84.9m). Net income for the third quarter was up 9% to SEK644m (£58.2m).
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NewsTesco remains a potential bidder for Carrefour's Malaysian stores despite Thai setback
Tesco remains a potential bidder for rival Carrefour’s Malaysian assets after losing out to Casino in an auction for Carrefour’s Thai business.
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Opinion
Douglas Gmbh pilots digital signage in Mainz
Perfumery retailer Douglas GmbH has installed digital signage in a store in Mainz to improve the customer shopping experience.
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NewsBolland’s plan for M&S can restore £1bn profit
Bolland outlines aim to exploit the brand, develop multichannel and up overseas growth
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AnalysisJapan’s Aeon to triple spend on emerging Asian markets
Japan’s second largest retailer Aeon recently announced an ambitious new three-year business plan, in which the company will nearly triple its investment in overseas Asian markets by fiscal 2013.
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NewsSainsbury’s looks beyond China for further emerging markets
Sainsbury’s is to explore other emerging markets alongside China as it seeks to outline long-term growth opportunities for the business.
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NewsTesco considers drive-thru launch at dotcom-only stores
Tesco is considering opening drive-thru pick up areas at its dotcom only stores in the latest plan to further grow its multichannel operations by providing customers with new ways to shop.
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News
Media-Saturn to open first store in China
Metro Group-owned consumer electronics retailer Media-Saturn will open its first store in China, in Shanghai, on November 17 this year. The store will have a sales area of 145,320 sq ft.Media-Saturn chief executive Roland Weise confirmed that the retailer was planning to grow its local network to 10 stores in ...