All articles by Matthew Stych – Page 2
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AnalysisWalmex to step up Central American stores growth
Scot Rank, the chief executive of Walmart’s Central American unit, Walmex, confirmed to a conference audience last week that the company has identified 300 new cities in Mexico and Central America where it could open stores, in addition to further expansion in the 348 cities in the region in which ...
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AnalysisTengelmann loses its appetite for food retail
The extraordinary transformation of the Tengelmann Group has taken another leap, with the sale of its 300-outlet Austrian discount division Zielpunkt to Luxembourg-based investment and restructuring fund BluO.
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AnalysisChina is not the only new retail market to investigate
While the volcanic ash cloud and the ensuing chaos may have blown over by the time this appears, the disruption to international trade once again highlights the weaknesses in our increasingly globalised economy.
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OpinionIs management shake-up just the start for Metro?
Metro Group has announced a shake-up of its leadership and unveiled a new corporate logo ahead of its 2009 results conference. The shuffling of senior management mainly affects the trade group’s Metro Cash & Carry division, and reflects a significant structural change there.
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AnalysisIs management shake-up just the start for Metro?
Metro Group has announced a shake-up of its leadership and unveiled a new corporate logo ahead of its 2009 results conference.
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AnalysisWhat Duane Reade can do for Walgreens
Walgreens is set to acquire New York-based drugstore chain Duane Reade in a $1.08bn (£662m) deal that includes the assumption of the latter’s $475m (£293m) debt.
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AnalysisDubai’s financial demise will have knock-on effect
Middle East financial observers seem generally confident that Abu Dhabi and Dubai will thrash out a deal to rescue Dubai’s state investment vehicle Dubai World in the restructuring of its $60bn (£37bn) debt, although Abu Dhabi officials have suggested that the bail-out would most likely be on a selective basis.
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AnalysisCarrefour backs home front while Metro plays away
Recent events have thrown the contrast in strategic priorities between the world’s second- and third-largest retailers, Carrefour and Metro Group, into stark relief.
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NewsCan Wal-Mart hold on to its new-found customers?
Wal-Mart’s everyday low price stance has been paying off in the US recession.
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NewsCarrefour pins €600m on revitalising sluggish sales
Recession-related despondency is being tackled at Carrefour with the launch of a new marketing campaign for its struggling French operations.
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AnalysisCVS strategy pays off as it storms ahead of rivals
“This is shaping up to be a very good year and we expect an even better 2010.” Such upbeat words have not been heard often in retail this year, but Tom Ryan, chief executive of US pharmacy retailer CVS, has every right to be on a high after turning in ...
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