All Poland articles – Page 4
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News
Gap opens first Polish store
US clothing retailer Gap has opened its first store in Poland in Warsaw with franchise partner Ultimate Fashion. The store is located in the Arkadia shopping mall. Gap is planning to open stores in other Polish cities in the country during 2012, including Katowice, Krakow and Wroclaw, and plans to ...
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Toys R Us to open first store in Poland
Toys R Us is to open its first store in Poland next month – its first market entry for 10 years. The store will be in Warsaw’s Blue City shopping centre. Toys R Us has signed leases for four further stores in Poland, averaging 25,835 sq ft. Toys R Us ...
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Kingfisher targets aspirational shoppers with Polish revamp
Kingfisher is revamping its Polish business to focus on higher-margin, aspirational products as the DIY group ramps up its own-brand offer in the country.
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Emperia Holding H1 revenues up 5.5%
Polish grocer Emperia Holding reported solid revenue growth of 5.5% to PLN2,832m (£600m) for the first half ended June 30.Net profit amounted to PLN32.4m (£6.9m), up 2.5%.The growth in revenue was driven by a strong performance at its retail stores, whereas revenues from its wholesale businesses grew only marginally. During ...
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Netto plans European expansion
After selling its UK business, Netto plans to aggressively expand in other European markets with a focus on Germany and Poland.The retailer plans to open 20 to 25 stores a year with money earned from the sale of Netto’s business in the UK, which was bought by Asda for €620m ...
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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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Carrefour Poland to focus on franchise network
Carrefour Poland is to switch its focus from large developments in big towns to its franchise network.The retailer will expand its network of 330 sq ft to 1,310 sq ft franchise shops in housing estates in smaller towns, according to local press. Carrefour said that 50 to 60 such shops ...
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Jerónimo Martins Q1 profits up 30%
Grocer Jerónimo Martins posted a €42.3m (£36.8m) net profit for its first quarter, a 30% jump on the same period in the previous year.The retailer attributed the result to strong sales, which rose 21.8% to e1.96bn (£1.70bn), compared with the first quarter of 2009. Sales at its Biedronka discount supermarket ...
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Jerónimo Martins sells 35 discount stores
Portuguese retail giant Jerónimo Martins has sold 35 of its Polish Biedronka discount stores to local player Presspo so it complies with Polish Competition Commission requirements for its acquisition of the Tengelmann-owned Plus discounter chain in Poland.The Commission said Jerónimo Martins must sell 38 Biedronka stores before it would give ...
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Polish retail sales continue to rise in August
Polish retail sales continued to rise in August, increasing 5.2% year on year.The increase follows a 5.7% rise in July.A stable unemployment rate of 10.8% helped drive demand. This is in sharp contrast with nearby Hungary, where unemployment continues to rise, partly due to a decline in demand for Hungarian ...
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New Look to revamp all shops as it steams into new markets
New Look is to revamp all of its stores after a successful trial, and move into new markets including Ukraine, Poland and Singapore.
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Carpetright like-for-likes continue to slump as margins slip
Carpetright’s like-for-like sales have continued to tumble but it has successfully renegotiated its banking terms.
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Tesco to ramp up telecoms shops
Tesco is to double the number of in-store telecoms shops in its supermarkets by the end of the year.
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DSGi to sell Central European stores, reports claim
DSGi is believed to be poised to sell its Electro World stores in Central Europe to Slovakia-based consumer electronics retailer NAY.
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