All Europe articles – Page 36
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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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Lidl launches in Cyprus
Schwarz Group’s discounter Lidl launched in the Cypriot market this week, opening its first seven stores simultaneously. Following the opening, the discount retailer’s goal is to “eventually fully cover the geographical area of Cyprus in order to be able to serve even more residents”, the company said. The first stores ...
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Lidl to acquire competitor Tengelmann's Plus discount stores in Bulgaria
Lidl has been given the regulatory go-ahead to acquire competitor Tengelmann’s Plus discount stores in Bulgaria.Following an investigation by the country’s competition commission, the authority concluded that the deal would not hinder competition in the retail market. Plus Bulgaria has been running 23 stores since October 2009, with a staff ...
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OpinionBrazil finally comes of age
The Goldman Sachs Conference in New York last week assembled a powerful line-up of more than 50 leading retailers.
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Lidl offers TV travel deals
Schwarz Group’s discount grocer Lidl is offering its holiday travel deals through a specialist TV channel.Lidl in Germany has teamed up with travel shopping TV Sonnenklar.tv to promote its monthly holiday trip special offers on air. The 30-minute programme is broadcast daily at 4pm.According to reports Lidl is advertising its ...
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Auchan H1 sales grow 6.8%
Hypemarket operator Auchan has reported that sales grew 6.8% for the first half of 2010 to €20bn (£16.69bn), of which 54% was generated by its international operations. Group like-for-like revenue at constant exchange rates and excluding petrol sales increased 1%.Net profit from continuing operations came to €248m (£207m), up by ...
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Penny to invest £12m in new Romanian stores
Germany-based Rewe Group’s discount division Penny is to invest €15m (£12m) opening 10 stores by the end of 2010.The retailer has opened nine stores so far in 2010, each covering between 10,765 sq ft and 14,000 sq ft. In total, Penny has 108 stores in Romania, six of which are ...
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Mercator sales up 3.2%
Mercator has reported sales of 1.33bn (£1.10bn), up 3.2% year-on-year.Its profit increased 57% to 18m (£14.7m). Mercator has invested about 45m (£37m) in the first half of the year, mainly in developing its retail network.
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Rewe sees potential for 150 Billa Box stores
Rewe Group chief executive Frank Hensel sees potential for up to 150 Billa Box convenience stores, Hensel has told Austrian daily Kurier. The first Billa Box pilot was launched last year in central Vienna, trading from 1,600 sq ft.
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Ahold Q2 net sales up 10.8%
Food retailer Ahold saw net sales in the second quarter of 2010 climb 10.8% to €7.1bn (£5.8bn) compared with the same quarter last year, up 4.4% at constant exchange rates.This was positively impacted by business acquisitions in the first quarter, mainly Ukrop’s in the US.
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M&S to trial food in Czech store
Marks & Spencer is planning to open food departments selling sandwiches and refreshments, it is reported. First trials of a food offering are taking place within the retailer’s clothing store in the DBK shopping centre in Prague and from September another pilot will take place in the Galerie Fenix shopping ...
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Conglomerate Mercator to acquire the retail business of Coka
Slovenian-based retail conglomerate Mercator has signed an agreement to acquire the retail business of Serbian company Coka. Mercator says the move will boost its position as the second-largest retailer in Serbia. Under the strategic partnership agreement between Mercator S and Coka Holding, the subsidiary of the Slovenian grocer will obtain ...
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Rewe explores Bipa launch in Romania
Rewe Group is examining Romania and other central and eastern European markets for the potential launch of its Austrian Bipa drugstore concept. According to a company’s spokesperson, Rewe Group cannot unveil any detailed plans as “they do not yet exist”. Bipa is currently present in Austria, Italy and Croatia.
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First DocMorris pharmacy opens in Italy
The first DocMorris pharmacy has opened in Italy, in Milan, as German healthcare and pharmaceutical business Celesio pushes ahead with internationalisation of its pharmacy banner. Celesio is planning to open more test pharmacies in Italy in the near future.Celesio has been present in the Italian wholesale market and pharmacy market ...
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Makro plans 20 small-format stores
Cash and carry chain Makro, owned by Metro Group, plans to have 20 stores of the small-sized Makro Punct concept in the mid-term. Four stores are due to open within this year, according to Makro Poland managing director Uwe Hölzer.The stores are focused on fresh food and a higher private-label ...
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Ahold and Schwarz face Czech monopoly probe
Dutch retailer Ahold and Germany-based Schwarz Group are the subject of an investigation launched by the Czech anti-monopoly office UOHS into suspected abuse of market positions. UOHS said it was investigating whether the retailers abused their market power in the central European country, but gave no further details. Under Czech ...
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NewsClinton Cards considers closing its Ireland stores
Clinton Cards is mulling closing its underperforming Irish stores as the greetings card retailer issued a profit warning this week.
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Amazon launches food offer in Germany
Amazon has launched its online shop for groceries in the country, with 30,000 items, including vegetables, meat, fish and baked goods as part of the offer.The products are offered by Amazon and 60 partners with whom the retailer has teamed up. Delivery will remain the same as Amazon’s normal service ...
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Germany’s Woolworth emerges from insolvency
Variety store operator Woolworth has formally emerged from insolvency, following its integration into the Tengelmann group. Of the formerly about 300-strong portfolio, which was reduced to 162 under administration, about 150 have now been transferred to the new owners.The group of owners consists of Tengelmann and HH Holding, the group ...