Belgian chocolate maker Godiva is planning to open around a dozen new stores in the GCC by the end of the year, as it capitalises on its recently-established direct presence.
It looks likely that Somerfield might be forced by the UK's
competition regulator to sell 14 of the 100 former Safeway stores
it purchased from Wm Morrison, a move that might provide a modicum
of relief to food processors under...
Moscow's leading retailer, Sedimoy Continent, has launched a new
discount, food hypermarket format that promises new opportunities
in private label as Russia's retailers look to increase their
control of the country's...
Convenience store operator Costcutter is confident that its
business model is the right one to face the increasing challenge
from the major multiples in the small store sector - and that it
can persuade increasing numbers of store...
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...
Delhaize, the Belgian retail group, yesterday reported
sales of €18.8 billion for 2003, a 2.4 per cent increase on a
like-for-like basis but 9.1 per cent lower than in 2002 in actual
terms as a result of a sharp decline in the strength...
Carrefour has fought off the increasing challenge from Metro and
Tesco to maintain its leadership of the European grocery reatil
market in 2002. Rewe, Wal-Mart and discount chains Aldi and Lidl
have all strengthened their positions,...
Metro, the German retail group, is to restructure its Extra Food
Stores unit, decreasing the number of outlets and thereby
increasing profitability across the business.
Somerfield, like its compatriot Iceland, has suffered in recent
years because of a poor image and shabby stores. Both chains have
invested in new formats, and for Somerfield at least, this
investment appears to be paying off.
