All Turkey articles – Page 3

News

Migros Ticaret sells discount store chain

2011-06-14T16:52:00Z

Supermarket retailer Migros Ticaret has afreed to sell its discount store chain Sok to Turkish reatiler Bizim Toptan and private equity firm Gozde Finansal.Migros sold 99.6% of its stake in Sok. The transaction is conditional upon regulatory approval from the Turkish Competition Board and is expected to close in the ...

News

Tesco brings Turkey COO home to lead superstores

2011-06-03T00:00:00Z

Tesco has brought its chief operating officer in Turkey back to the UK as part of group chief executive Phil Clarke’s plans to bolster the lacklustre UK division.

Analysis

Best Buy returns to the basics in its bid for growth

2011-04-21T14:46:00Z

Electronics retailer Best Buy has struggled of late and has outlined three new strategic priorities, which it believes will help it capture new growth opportunities in key categories and channels, fund growth efforts through structural opportunities and improve returns.

News

Deichmann targets 200 stores within 10 years

2011-04-01T00:00:00Z

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 ...

News

Blim's net sales soared 23.5% to £2.8bn

2011-03-18T00:00:00Z

Turkey

News

H&M opens first store in Turkey

2010-11-11T12:22:00Z

Swedish fashion retailer H&M has opened its first store in Turkey, in the country’s capital, Istanbul. The 24,760 sq ft store is located in the Forum Istanbul shopping centre and the retailer will continue its expansion in the country by opening the second H&M store in Istinye Park in December ...

Analysis

A world of international retail opportunities

2010-10-29T00:00:00Z

Emerging markets globally have retail potential, but could any be the new China? By Tim Danaher

News

Inditex and H&M break into new markets

2010-06-01T08:48:00Z

Two of Europe’s largest fashion retailers Inditex and H&M have taken their first steps into new growth markets this week; with Inditex opening its first store in India and H&M announcing its first opening  in Turkey.

News

Bim Q1 proftis up 20%

2010-05-13T09:17:00Z

Hard discount retailer Bim reported that its net profit rose 20% in the first quarter of 2010, up to TRL66m (£28.5m), and is on track to beat its 2010 profit and turnover targets. Sales climbed 29% to TRL1.58bn (£682.69m).

News

CarrefourSA to open 100 stores in Turkey

2010-01-08T00:00:00Z

CarrefourSA, the 60:40 joint venture between Carrefour and Sabanci Ticaret Merkezi in Turkey, has announced plans to open a further 100 stores in the country, each costing €670,000 (£597,023), in 2010.The first smaller-format express store will open on January 6 in the city of Mersin in southern Turkey, CarrefourSA general ...