All International articles – Page 202
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News
Indigo Q2 revenue rises 3.8%
Book retailer Indigo has reported a 3.8% growth in revenue for its second quarter ending October 2. Revenue for the quarter was CAD214.8m (£131.7m), up CAD7.8m (£4.8m) from last year. On a like-for-like basis, Indigo and Chapters superstores posted a 0.7% decline in revenue, while small format stores were ...
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News
Shoppers Drug Mart Q3 sales increase 2.6% to £1.9bn
Shoppers Drug Mart has recorded a 2.6% sales rise in the third quarter to CAD3.09bn (£1.9bn), with the company reporting continuing sales growth in all regions of the country. On a like-for-like basis, sales increased 1.2% during the quarter, while prescription sales increased 0.8%, or 0.2% on a like-for-like basis.
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News
Kohl's and Macy's records flat Q3 profits
Department store retailers Kohl’s and Macy’s have reported their third-quarter results for the period ended 30 October. Kohl’s reported its net profit for the third quarter was flat at $194m (£120.3m), compared with $193m (£119.7m) a year ago. Net sales for the quarter were $4.2bn (£2.6bn), an increase of ...
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News
Exito works with Dunnhumby to better understand customer behaviour
Casino-owned Colombian retailer Exito has announced that it is working with Dunnhumby to better understand consumer behaviour in its stores. The Tesco-owned market research company will be working with the information generated by the Puntos Éxito and SuperCliente Carulla-Pomona loyalty cards.
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News
Delhaize Group Q3 sales increase 0.8% to £4.4bn
Delhaize Group has posted sales growth of 0.8% at identical exchange rates in the third quarter, the period between July and September. At actual exchange rates, sales increased by 8.6% to €5.3bn (£4.4bn) due to the strengthening of the US dollar by 10.8% against the euro compared with the third ...
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News
Dansk Supermarked sales up 3% to £4.93bn
Netto-owned Dansk Supermarked has reported sales up 3% to DKK43.2bn (£4.93bn) in the first nine months of 2010, up from DKK41.8bn (£4.77bn) during the same period last year. Net income was DKK1.36bn (£152.9m), a rise of 2% on last year. Dansk Supermarked majority owner A P Møller-Maersk said in a ...
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News
Shoppers Stop turnover soars 23%
Variety retailer Shoppers Stop posted a 23% jump in retail turnover to INR5.08bn (£70.5m) for the quarter ended September 30. Net profit soared 44% to INR174m (£2.4m).
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News
The Warehouse Group Q1 sales fall 0.2%
The Warehouse Group has reported flat first-quarter results with a 0.2% decrease in net sales for the three months to October 31, down to NZD362.3m (£173.8m).
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News
ICA Q3 sales rise by 0.2% to £2.1bn
Ahold-controlled Nordic retailer ICA has announced that net sales grew by 0.2% to SEK23.5bn (£2.1bn) in the third quarter to the end of September, while operating income grew 0.4% to SEK940m (£84.9m). Net income for the third quarter was up 9% to SEK644m (£58.2m).
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NewsTesco remains a potential bidder for Carrefour's Malaysian stores despite Thai setback
Tesco remains a potential bidder for rival Carrefour’s Malaysian assets after losing out to Casino in an auction for Carrefour’s Thai business.
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Opinion
Douglas Gmbh pilots digital signage in Mainz
Perfumery retailer Douglas GmbH has installed digital signage in a store in Mainz to improve the customer shopping experience.
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NewsTesco considers drive-thru launch at dotcom-only stores
Tesco is considering opening drive-thru pick up areas at its dotcom only stores in the latest plan to further grow its multichannel operations by providing customers with new ways to shop.
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NewsSainsbury’s looks beyond China for further emerging markets
Sainsbury’s is to explore other emerging markets alongside China as it seeks to outline long-term growth opportunities for the business.
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AnalysisJapan’s Aeon to triple spend on emerging Asian markets
Japan’s second largest retailer Aeon recently announced an ambitious new three-year business plan, in which the company will nearly triple its investment in overseas Asian markets by fiscal 2013.
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NewsBolland’s plan for M&S can restore £1bn profit
Bolland outlines aim to exploit the brand, develop multichannel and up overseas growth
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News
Media-Saturn to open first store in China
Metro Group-owned consumer electronics retailer Media-Saturn will open its first store in China, in Shanghai, on November 17 this year. The store will have a sales area of 145,320 sq ft.Media-Saturn chief executive Roland Weise confirmed that the retailer was planning to grow its local network to 10 stores in ...
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News
Lidl given the go-ahead for acquisition of Tengelmann's discount stores
The Romanian competition authorities have formally given their go-ahead for the acquisition of all of Tengelmann’s 105 Plus discount stores in Romania by Lidl. The office stated that the transaction would have no negative effects on competition in the national grocery market.For Lidl, the decision means that it will expand ...
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News
Fnac to expand into Northern Africa and South America to move sales away from France
PPR-owned electronics retailer Fnac aims to generate half of its sales outside of France by 2015 as it expands in Northern Africa and South America. Chief executive Christophe Cuvillier said: “We’re looking to expand in other countries. The priority internationally is to grow where we already are.”Fnac will open its ...
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News
Whole Foods Market like-for-likes increase 7.1%
Grocery retailer Whole Foods Market has reported sales for the full year ended September 26 increased 12% to $9bn (£5.56bn), with like-for-likes increasing 7.1%. EBITDA increased 29% to $713.6m (£440.9m). These results included Federal Trade Commission-related legal costs of $2.5m, compared with $14.7m in the prior year and a gain ...
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News
Distribución y Servicio (D&S) to change its name to Walmart Chile
Grocery retailer Distribución y Servicio (D&S) is to change its legal name to Walmart Chile. The move will have to be ratified at the next company shareholder meeting, which will take place in late November. The decision will not affect the fascias that the retailer operates such as Líder, Ekono ...