The Schwartz Group has acquired another plot of land in Bulgaria
where it plans to construct a new Kaufland hypermarket. After years
of delays, the first Kaufland outlets are due to open next year,
helped by new investment incentives...
German group Rewe has announced a multi million euro joint venture
with the Russian Marta Group to expand into the former Soviet
Union's food retail market. The project will focus on the growing
neighbourhood shopping sector...
The uncertain economic and political conditions in 2003 put a major
brake on international retail growth, with relatively few mergers
and acquisitions in the global market. But 2004 should see
something of an upturn, driven by the...
Wal-Mart has consolidated its unassailable lead in the global
retail rankings, according to the latest report from M+M Planet
retail. But while there has been no change to the companies making
up the top 30 global players, several...
The expansion of European retailers such as Tesco in Asia does not
have a detrimental effect on local business, according to a new
report. In fact, hypermarket growth in Thailand has fuelled the
expansion of independent food retailers...
The tussle for control of Safeway in the UK has certainly grabbed
the headlines in recent weeks, and it could prove to be the first
of many such takeover battles this year, predicts market research
group M+M Planet Retail, especially...