Retail : News SEARS FY results Sears has reported that for the fiscal year of 53 weeks ended February 3, 2007 , total revenues were USD53,012 million, an increase of 8.4% compared with last year. For the year, domestic comparable store sales declined...

Retail : News SAINSBURY boss says business as usual Speaking on the sidelines of a retail conference yesterday, the chief executive of Sainsbury, Justin King, said that it was business as usual and would not be drawn on the potential of several takeover...

Retail : News PUBLIX FY results In the USA , Publix has reported financial results for the year ended December 30, 2006 . Net sales rose 5.2% to USD21.7 billion. Comparable store sales were also up 5.2% while net income rose 10.9% to USD1.1 billion, or...

Retail : News METRO launches national initiative for nutrition/exercise in Germany Metro Group and German football coach Joachim Löw have joined forces for a healthy lifestyle by launching a national initiative for nutrition and exercise. The number of...

Retail : News LIDL expands DC network in UK Lidl UK has unveiled plans to build a distribution centre in Newton Aycliffe, County Durham , in North East England, leading to the creation of 250 full and part-time jobs. Local media report that Lidl has submitted...

Retail : News LECLERC reports success with Express banner As reported by LSA, Leclerc is opening a new Leclerc Express store in Saint Herblain near Nantes . The store stocks a range of 5,000 products and has a sales area of 1,000 square metres. 700 of...

Retail : News LAURUS 2006 net loss narrrows Casino owned Laurus in the Netherlands has this morning posted a 2006 net loss of EUR45 million (USD56.4 million), its third in a row, impacted by restructuring costs and the sale of two of its supermarket chains....

Retail : News EROSKI Online expands to south of Spain In Spain , Eroski Online has expanded its operations to Malaga province. With this new opening, Eroski is expanding its virtual store to Southern Spain , as so far it was only present in the north...

Retail : News CARULLA VIVERO 2006 net profit rise Colombian retailer Carulla Vivero has reported a 21% rise in 2006 consolidated net profit to COP29.02 billion (USD11.9 million). Sales reached COP2.28 trillion (USD940.5 million) last year compared with...

Retail : News ASDA boss predicts demise of exotic fruit and veg In the UK , Asda has reported that the company’s trial on reducing packaging on fruit and vegetables has been successful. Chief executive Andy Bond noted that sales were up slightly in the...