| Generall |
| Sales slow at Spanish retail giant |
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Inditex, the largest European clothing retailer, reported its smallest profit increase in four quarters on Wednesday as consumers start to slow their spending.
Net income rose 27 percent to €432 million, or $634 million, in the three months through October, the company said. That beat the €40... |
| Bucharest ranks 7th among preferences of retailers to expand |
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Romanian capital Bucharest ranks7th in late 2007 in a chart of the preferences of large retailerswanting to expand in the next five years, the national Romprsreported on Thursday citing an international study.
Bucharest climbed in this way two slots compared with late 2006,said the news agency ci... |
| Carrefour may drop Champion brand |
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Carrefour said it is likely restructure its French business that could see the Champion brand disappear by the end of the decade, the Financial Times reported.
The move could mean 1,000 Champion stores could be converted in the next couple of years, the FT said.
Chief Executive Jose Luis Duran... |
| Hong Kong retailer plans mini-mart chain |
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network of more than 500 convenient stores will be established in HCM City in the near future pursuant to a co-operative agreement between the Food Co of HCM City (Foocosa) and a business group from Hong Kong.
GR Viet Nam Holdings Ltd, the local arm of Hong Kong’s Golden Resource Development I... |
| Gift Card Programs |
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One Step Retail Solutions Sees Specialty Retailers Continue to Implement Integrated Retail Pro Gift Card Programs at Record Rates for the Coming Holiday Season
New technology for online management of gift card programs through retail point of sale systems drive growth ahead of holiday season.
... |
| Ahold names John Rishton as new CEO |
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Dutch supermarket group Ahold\'s (AHLN.AS: Quote, Profile, Research)(AHO.N: Quote, Profile, Research) new Chief Executive will be John Rishton effectively immediately, the company said on Thursday.
Rishton was acting CEO in addition to his duties as Chief Financial Officer of Ahold since Ander... |
| M&S tasks Logicalis to improve IT network |
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Marks & Spencer has awarded Logicalis a four year management service contract to improve the efficiency and quality of the retailer’s IT network as well as supporting the cost-effective deployment of innovative ICT services that will help maintain M&S\' competitive position. The service will opt... |
| Tesco's US invasion |
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ESCO\'S long-awaited foray into the United States is underway after it opened its first Fresh & Easy store in California.
The green and white branded supermarket had its \'soft opening\' in the small city of Hemet, about 75 miles east of Los Angeles, ahead of this week\'s official launch.... |
| Japan's Uniqlo still interested in buying US retailer |
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Japan\'s Fast Retailing, operator of Uniqlo casual clothing shops, is still interested in a US acquisition as part of efforts to build its global business, its head said in an interview pubished Tuesday.
\"The US is a difficult market. But (the Uniqlo flagship store in) New York is going well... |
| Furnishings Retailer Prepares for National Expansion |
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Laventa, a St. Petersburg-based company that operates home furnishing supermarkets under the SantaHouse brand, announced plans last week to become a nationwide retailer over the next few years.
Laventa opened its first regional supermarkets in Rostov-on-Don and Ufa in October this year. By the en... |
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