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TESCO unveils Malaysian plans

TESCO unveils Malaysian plans

Tesco has said that it will invest close to MYR650 million (USD182 million) and hire some 3,200 people in the current financial year ending February 2008 to expand its business. The investments are for new store openings, remodelling of stores, price...

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SYSTÈME U 2006 turnover rises

SYSTÈME U 2006 turnover rises

French co-operative Système U has reported that turnover for 2006 (including petrol) rose to EUR15.6 billion (USD19.5 billion), a rise of 3.3% compared to 2005. The retailer opened a total of nine stores in 2006 and a new warehouse was opened in Ifs in...

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New board chairman at REWE

New board chairman at REWE

As expected, Heinz-Bert Zander, CEO of Rewe Group's regional branch Rewe Dortmund Großhandels eG, has been elected new chairman of the supervisory board of the co-operative retailer. Mr Zander follows Dr. Klaus Burghard who resigned from his office in...

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PUBLIX tests fresh meals concept

PUBLIX tests fresh meals concept

Publix plans to launch a fresh meals concept at a new store in Lake Mary, FL. Opening on April 12, the 4,740 square-metre store will feature seven “venues” including: an Asian kitchen, a carvery, rotisserie, a culinary counter, and artisan sandwich bar,...

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LIDL joins compliance group

LIDL joins compliance group

The international trade and services union UNI Commerce has revealed that discounter Lidl recently joined BSCI, the Business Social Compliance Initiative, which brings together major retailers from a large number of European countries. As part of the...

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