In one of the EU's most expensive food retail markets, Sweden's
Axfood group is to merge its supermarket and convenience store
businesses in a bid to cut costs and lower its prices - vital if it
is to see the same level...
A trial by UK convenience store operator Spar of a new digital
network allowing targeted information about promotions to be
disseminated throughout its stores has been highly successful, the
company announced last week.
Management at Spar, the Germany-based, French-owned retail group,
has reacted angrily to reports in the press last week that it was
considering selling off its discount chain Netto - and not
surprisingly, since the business is by...
Spar, the German retail group, is being forced to take drastic
measures to haul itself out of the red. With operating losses of
€65 million in the first half of the year, and a restructuring
programme undermined by the weak German...
Spar, the German retail group, dropped deeper into the red last
year after restructuring costs of €272 million. But a positive
performance from the Netto discount chain gave some cause for
optimism to Spar's French owner, Intermarché.
The first half of the year was not a good one for Spar, the German
retail group, but it would have been even worse if the Netto hard
discount unit had not performed so well.
