All Europe articles – Page 40
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News
Casino receives acquisition offer from Jumbo
Supermarket Super de Boer, owned by French retail group Casino, has received an acquisition offer from family-owned Dutch grocer Jumbo worth €482m.The board of Super de Boer are assessing the offer, while Casino, which owns about 57% of Super de Boer’s shares, supports the offer.If completed, the deal would represent ...
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AnalysisBrussels sprouts: the EU's retail plans
The big decisions on retail are now taken in Europe and with proposals including a single set of consumer rights in the offing, Sara McCorquodale reports from Brussels on the EU’s retail plans
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GalleryStore of the week: Manolo Blahnik, Dublin
If there’s one thing that upscale shoemaker Manolo Blahnik is famous for, it has to be killer heels. This is the purveyor of footwear that leaves women feeling empowered and men emasculated with dizzyingly high heels being de rigeur.
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News
Auchan create new concept in Russia
French retailer Auchan has created a new concept in Russia called Raduga, which translates as Rainbow.The stores, which are between 5,000 and 7,000 sq m, will be price-orientated discount superstores. Two stores are planned to open in Kalouga and Penza by the end of the year.With this new banner, Auchan ...
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OpinionUK shopping centres lead the way
For retailers coming into the European market, the UK’s shopping centres are the most appealing place to start.
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OpinionHas the hypermarket had its day?
Once upon a time, there was an era when the hypermarket format was exciting. Indeed, each hyper opening caused a frisson.
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News
FD Lab to launch its own toy brand in Moscow store planned for Hamleys
Retail franchise company FD Lab will launch its own toy brand in the Moscow store Hamleys was planning to make its Russian debut in until talks with FD Lab fell through last month.Skazka, which roughly translates to “fairy tale”, was developed in a matter of weeks and the four-floor store ...
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News
Auchan has signed an €800m loan
Retail conglomerate Auchan has signed an €800m (£686m) loan after taking double the launch amount.Syndication proved to be straightforward for the supermarket group, which raised more than €1.3bn (£1.1bn) from the market. HSBC, Intesa, Sanpaolo, Natixis and Santander led the transaction.After being increased from €400m (£343m), lenders’ allocations were also ...
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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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News
Ikea intends to resume planning for expansion in Russia
Furniture giant Ikea has said that it intends to resume planning for expansion in Russia. The change of heart comes after the retailer won a two-year bureaucratic battle to open a mall in the southern city of Samara.Head of Ikea Russia Per Kaufmann believes that the main stumbling blocks are ...
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NewsLittlewoods launches European website to tap into expat market
Shop Direct Group is gunning to grow its overseas business to 10% of its total sales after it launched its first international Littlewoods site last week.
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NewsÇilek to open third UK store
Turkish bespoke children’s bedroom furniture and accessories retailer Çilek is to open its third UK store as it sets out expansion plans for the UK.
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News
Carrefour reports larger than expected loss
Carrefour has reported a larger than expected €58m (£51.1m) loss in its first half, compared with a €747m (£655.7m) profit a year earlier.The grocer plans to spend as much as €600m (£528.8m) on discounts and marketing this year to improve sales in France. Revenue fell 1.6% in the first half ...
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NewsBlinding light bulb sales as ban sparks hoarding
Sales of incandescent light bulbs have shot through the roof as shoppers stock up in the wake of the European ban, brightening up DIY retailers’ trade.
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NewsDanish accessories and jewellery brand to hit UK
Danish accessories and jewellery brand Pieces Accessories has secured its first UK standalone shop at Grand Arcade in Cambridge.
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News
Casino’s first-half net profits hit €231m
French grocer Casino’s first-half net profits hit €231m (£203.5m), up from €229m (£201.8m) in 2008, while operating profit fell 9.1% to €488m (£430m).The retailer now expects to have implemented a €1bn (£881.1m) asset disposal programme by the end of next year. It also plans to strengthen its appeal by developing ...
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NewsItalian retail giant Gruppo Coin looks for UK stores
Italian retailer Gruppo Coin is seeking suitable UK locations to launch its department stores and fast-fashion chain OVS.
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GalleryStore of the Week: Camper Beaubourg, France
Spanish shoe retailer and brand Camper provides a new reason for visiting the Paris’s Beaubourg area with a store that takes a pretty unusual stance to visual merchandising and layout.
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NewsLittlewoods launches in Europe
Home shopping giant Shop Direct Group today launched Littlewoodseurope.com, targeted at customers in France, Germany, Spain and Portugal.
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NewsEuropean comeback to lift Kingfisher and Kesa
France and Germany’s emergence from recession is likely to benefit Kingfisher and Kesa, which both have big operations in the countries.