All International articles – Page 189
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News
Alon Holdings Blue Square
Alon Holdings Blue Square has reported its financial results for the year ended December 31 2010. Revenues soared 25.6% to ILS9.2bn (£1.6bn).The supermarket segment increased revenue by 0.5% from ILS6.9bn (£1.2bn), while the non-food segment had a revenue drop of 5.5%, mainly due to poor homewares sales.Alon Holdings Blue Square ...
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NewsKingfisher aims to grow by attracting reluctant DIY-ers
DIY giant Kingfisher is prioritising making DIY easier for customers and continued global expansion as it approaches the next stage of its strategy under boss Ian Cheshire.
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AnalysisMetro Group announces record earnings for 2010
Germany’s Metro Group announced record earnings in 2010, with all banners contributing to this growth.
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News
Clicks Group turnover up 14.7% to £881m
Health and beauty retailer and wholesaler Clicks Group posted a preliminary retail turnover increase of 14.7% year on year to ZAR9.7bn (£881m), and an increase in group turnover of 9% to ZAR13.3bn (£1.2bn) for the first half of its 2010/11 financial year ended February 28.“The results have been driven by ...
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News
Deichmann targets 200 stores within 10 years
German shoe retailer Deichmann has said it is targeting 200 stores within 10 years in Turkey, and is making an initial investment of E6m (£5m) to open 20 new stores.Last year the retailer opened 44 stores in 23 Turkish cities. Deichmann Turkey managing director Atilla Ozkul said thatthe chain experienced ...
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NewsBurberry plots expansion in Saudi Arabia
Luxury British heritage brand Burberry is to enter Saudi Arabia as part of a joint venture with retail group Fawaz Abdulaziz Alhokair.
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OpinionPick n Pay launches Smart Shopper loyalty scheme
South Africa’s second largest grocery retailer Pick n Pay has launched the country’s largest and most extensive loyalty programme, named Smart Shopper.
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OpinionGroundhog Day for Tom Singh at New Look
New Look founder Tom Singh must have hoped that, aged 62, he could look forward to putting his feet up and enjoying his millions rather than being back on the operational frontline of fashion retail.
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News
Lidl relying on exclusive manufacturer contracts and own production facilities for private-label
Schwarz Group’s discounter Lidl is increasingly relying on exclusive manufacturer contracts and own production facilities for its private-label products.Lidl is building two more plants for waters and soft drinks in Germany, in addition to its existing four Mitteldeutsche Erfrischungsgetränke GmbH & Co KG factories, bought by Lidl five years ago.
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News‘Minimal closures’ in Gap’s UK portfolio
Gap has said its international arm, which includes the UK, will continue to be a key driver of the fashion giant’s growth despite a handful of store closures.
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News
Walmart chief for the US William Simon confident of reversing the fortunes of the retailer
Walmart chief for the US William Simon said he was confident of reversing the fortunes of the retailer after seven consecutive quarters of domestic sales declines at stores open at least a year.Part of his strategy includes returning to the Everyday Low Prices formula, after it veered to discounting. He ...
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News
Dissident Publix shareholders launch campaign to replace grocer's board
A group of dissident Publix shareholders has launched a campaign to elect its own slate of nine directors to replace the existing grocer’s board, which is made up of five heirs and relatives of the chain’s founder, George Jenkins. The group is also pushing for the retailer to launch an ...
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NewsMothercare to make play for South America
Mother and baby specialist Mothercare aims to expand into South America as it ramps up its international operations.
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News
Ahold has opened its first Albert Heijn store in Belgium
Ahold has opened its first Albert Heijn store in Belgium. Among the 12,000 products sold 1,500 are Flemish, including a wide range of Belgian beers and chocolates. All items are offered at the same prices as at Albert Heijn in the Netherlands.At the store, which covers floor space of 13,450 ...
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News
Netflix to link accounts with Facebook
Netflix has reportedly begun asking users to link their Netflix accounts with Facebook in order to share information about what films they are watching with friends and family.Netflix has been rolling out versions of the new Facebook integration to test users over the past few weeks. Facebook is increasingly being ...
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News
Williams-Sonoma Q4 net revenues up 9.7% to £740m
Home furnishings retailer Williams-Sonoma has reported net revenues in its fourth quarter increased 9.7% to $1.2bn (£740m), including internet net revenue growth of 27.2% and a like-for-like sales increase of 5.2%.At the company’s mail order unit, Direct-to-customer (DTC), net revenues increased 17.3% to $466m (£287m), primarily driven by the Pottery ...
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News
Hornbach Holding net sales grow 5.7% to £2.6bn
DIY operator Hornbach Holding has revealed net sales growth of 5.7% to E3.02bn (£2.6bn) for the financial year ended February 28.DIY store division Hornbach-Baumarkt-AG achieved growth of 5.6% year on year. Builders material wholesale division Hornbach Baustoff Union increased its net sales by 8.4% to a still marginal E180m (£158m).
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News
Deichmann sales up 13% to £58m
Deichmann has filed a 13% increase in sales for the 2010 fiscal year to HUF19.9bn (£58m), with an uplift in volumes from 2.67 million to 3.17 million pairs of shoes.Deichmann currently has 72 stores in Hungary, 11 of which opened last year. This year it plans to open four new ...
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News
Apoteket to roll out 100 vending machines selling non-prescription drugs
Leading pharmacy operator Apoteket expects to roll out about 100 vending machines selling non-prescription drugs and other healthcare items in the first half of 2011.A machine can hold up to 60 products and all will be located at convenience stores, shopping centres and major travel interchanges.Apoteket director of distribution and ...