All International articles – Page 259
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News
Coles hires UK retail veteran Tony Buffin
Grocer Coles has hired another UK retail veteran, appointing former Boots group financial controller Tony Buffin as its finance director.Buffin was most recently European managing director of Groupe Aeroplan, an international loyalty management company. Previously, he headed Boots’ international healthcare strategy team.Buffin, who takes up his role in July, is ...
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News
Arcandor says Metro merger is no alternative to Government aid
Retail group Arcandor said that talks with Metro over a possible merger of the Karstadt and Kaufhof department store chains is no alternative to government aid. Arcandor spokesman Gerd Koslowski said: “Metro would have to bring the money we need for survival and it really doesn’t look like that at ...
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NewsScott Wheway to use Tesco and Boots experience after Best Buy move
US electricals retailer Best Buy will adopt the best practices of retail giants Tesco and Boots when it debuts in the UK next year.
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News
Lawson shelves plan to acquire rival
The country’s second largest convenience store chain Lawson has shelved plans to acquire rival am/pm. Lawson said it could not reach an agreement with the US-based competitor.The proposed acquisition would have cost the 9,500-store retailer ¥14.5bn (£97m). As part of the deal, am/pm wanted the majority of its 1,100 stores ...
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Analysis
The foreign office: why retailers should support staff working abroad
Business trips abroad, often to emerging markets, can be daunting and stressful for staff who do not have the right support. Joanna Perry explains why retailers must consider their duty of care
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NewsClarks to build £20m international web arm
Footwear giant Clarks expects its online operation to become a £20m business in the next year, as it gears up to take the website international.
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NewsChapter 11 provisions take shine off Ahold’s US performance
International grocery group Ahold has reported that its US chains Stop & Shop and Giant-Landover delivered their best like-for-like performance “in many years” during the first quarter.
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NewsPuma to axe all but one UK store as it cuts costs after punishing Q1
German sportswear retailer Puma is exiting all but one of its UK stores as part of a major international disposal programme.
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News
Miss Selfridge expands Gulf presence in Kuwait
Miss Selfridge is to ramp up its presence in the Middle East as it opens its first store in Kuwait.
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AnalysisTesco in Ireland: its toughest market
Faced with a tough economy, strong rivals and sales leaking north of the border, Tesco Ireland has struggled to assert its value stance. So will its counterattack work? Joanna Perry investigates
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OpinionShould UK retailers stay home?
DSGi’s offloading of its Hungarian Electro World business for the princely sum of €1 makes business sense, even if it is another setback to the retailer’s international ambitions.
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News
Hefty restructuring and poor trading hits Kesa
International electricals group Kesa will book restructuring charges of £9m and e10m (£8.8m) respectively at UK arm Comet and Spanish division Menaje Del Hogar.
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News
Metro seeks government intervention for rival's state support request
Metro has called on the German government to reject a request by its rival Arcandor for state support as it seeks to acquire the latter’s department store chain, Karstadt.Metro chief executive Eckhard Cordes wrote to the government outlining a “commercial solution” that would not need state intervention. Cordes has denied ...
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AnalysisAt Mahon Point in Ireland retailers are fighting the recession
Times may be tough but Cork’s Mahon Point scheme isn’t taking the recession lying down. John Ryan goes to see how it’s wooing shoppers
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News
DSGi cuts loose Hungary operation
DSGi has sold its nine Electro World stores in Hungary for e1. All operations and staff will transfer to new owner EW Electro Retail, which is backed by a consortium of investors.
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News
EBay clinches legal victory over L'Oréal
EBay has claimed victory in a Paris court case brought against it by cosmetics giant L’Oréal over counterfeit perfumes on eBay’s website. The court ruled in favour of the internet auction site and said that it was not liable for the fake products and had met its obligations to combat ...
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NewsIkea exercises caution as furniture market toughens
Ikea group president and chief executive Anders Dahlvig has offered some words of warning for retailers in the Western world.
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AnalysisPlanned schemes in Dublin have been hit by retailers' uncertainty
Work on Dublin’s planned schemes has slowed to a snail’s pace as developers struggle to find retailers willing to sign in such uncertain times. Liz Morrell assesses development prospects
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News
Supermarket chain Gimenes to be split between Carrefour and Associação Ricoy
Brazil Carrefour and local operator Associação Ricoy, comprising seven local grocers, will split supermarket chain Gimenes between them in a deal worth BRL60m (£18.9m), according to Gimenes’ creditors.Gimenes filed for Chapter 11 bankruptcy in December. 10 of its 23 units in São Paulo will go to Carrefour for BRL45m (£14.1m), ...
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News
H&M had successful April trading
H&M had a strong April, when like-for-like sales climbed 8 per cent and total sales soared 18 per cent.The performance ended eight months of successive like-for-like falls for the fashion giant. Analysts believe H&M was helped by warm weather in its most important markets, such as Germany.A collaboration with UK ...