English news 27 novembre 2007
TESCO boss outlines global ambitions
In an interview with The Times, the chief executive of Tesco, Sir Terry Leahy, has said that the retailer is planning to generate more than half of its annual revenue from overseas markets within the next decade, from around the present share of 27%. | read moreA&P sells its remaining shares in Metro Inc.
In the US, the Tengelmann-controlled Great Atlantic & Pacific Tea Company (A&P) has announced that it had sold all of its 11,726,645 shares of Canadian-based Metro Inc. | read moreAEON to adopt holding company structure
As part of efforts to streamline its operations, AEON has announced this morning that it will transform itself into a holding company structure in the fiscal year ending March 2009. | read moreAHOLD Peapod to deliver DVDS on demand
Under a new deal with TitleMatch Entertainment Group, Ahold owned Peapod in the USA may be one of the first retailers to manufacture DVDs on demand. The service, in which Peapod will deliver DVD movies to customers with their groceries, will be tested in the Chicago area starting in the first quarter, said Mary Litchhult, VP of business development for TitleMatch. | read moreAUCHAN signs telecoms agreement in Italy
According to reports in the Italian press, local telecoms operator Wind Telecomunicazioni and Auchan have signed a partnership agreement which relates to the provision of virtual mobile phone services by the retailer in Italy. | read moreCARREFOUR to set up real estate company
As reported by The Wall Street Journal, Carrefour has announced plans to list its real estate portfolio as a new, separate company on the Paris stock exchange by June next year. | read moreCOLES turnaround to take time says Wesfarmers boss
The chief executive of Wesfarmers, Richard Goyder, has this morning played down a leaked internal memo from outgoing Coles boss John Fletcher that pointed to the best start in five years at the group's supermarkets unit. | read moreCOOP NORDEN to become wholesale company
Coop society Coop NKL has applied to the competition authority in Norway for an approval for a takeover of Coop Norge from Nordic retail group Coop Norden. | read moreITM introduces promotional coupons
In France, ITM is introducing promotional coupons developed by Catalina Media. The coupons allow consumers to gain a reduction off certain products on promotions, and according to a TNS-Sofres study for Catalina, the coupons are used up to 30% more than classic till receipt promotions. | read moreKAUFLAND CZ FY profit drop
According to reports in the Czech press, Kaufland's local unit has reported profit of CZK978 million (USD49.1 million) in the year ending February 2007 down from CZK1.157 billion (USD51 million) in the previous year. | read moreLAURUS to hold EGM in December
Casino owned Laurus has announced that it will hold an EGM on December 19th for shareholders to approve the nomination of Dirk Goeminne and Hakim Aouani to fill two vacancies on the retailer's supervisory board. | read morePETRONAS Engen selects Commodity Management
Triple Point Technology has announced that Petronas owned Engen Petroleum in South Africa has selected Commodity Management, a commodity and energy trading and operations solution that was jointly developed by SAP and Triple Point. | read moreREWE expands in Italy
According to reports in the Italian press, Rewe has taken over La Centrale Lazio Spa, which operates the Mart supermarket chain in central Italy. La Centrale Lazio Spa, with an annual turnover of EUR40 million (USD55.2 million), is mainly active in the regions of Lazio and Abruzzo, from where Rewe plans to coordinate its growth plans in southern Italy. | read moreRITE AID offers DNA Paternity Test kits
Sorenson Genomics, a leading global provider of DNA-related testing services, has announced that the Identigene DNA Paternity Test Kit is now available at Rite Aid stores in California, Washington and Oregon. | read moreSPAR (AUSTRIA) to pay fine in Hungary
In Hungary, Spar (Austria) has been sentenced to pay a fine of HUF70 million (USD0.38 million). The retailer has been found guilty of promoting the sale of cigarettes at BAT (British American Tobacco)-stands in its outlets although this is forbidden in the country. | read moreSPINACH to open Noodle House restaurants in India
Wadhawan Food Retail (WFRL) is planning to enter into the hospitality sector. The group has signed a master license agreement with Jumeirah Group's Jumeirah Branded Restaurants with a view to provide innovative lifestyle experiences to Indian consumers. | read moreTENGELMANN's German supermarkets to increase private label share
In a report about buying service providers Inverto (based in Cologne, Germany), daily paper Frankfurter Allgemeine Zeitung (FAZ) has quoted the retail director of Tengelmann's German supermarket division Kaiser's, Raimund Luig, as saying that "in the past, we used to pick [our private lable suppliers] ourselves. | read moreTESCO boosts apprenticeship numbers
As reported by The Grocer, Tesco is planning to extend its apprenticeship scheme. The NVQ-accredited scheme, which started as a trial in four stores, is now in its third year, with 450 shopfloor workers from 160 stores in this year's intake. | read moreTESCO merchandising boss leaves for M&S
According to reports in Drapers, Marks & Spencer has poached Tesco's merchandising head Cathy Haydon. It is understood that Ms Haydon will take on the role of head of merchandising for womenswear. | read moreTESCO Fresh & Easy targeted by activists
Tesco Fresh & Easy yesterday hosted a meeting at a Santa Monica hotel for US and British institutional investors and money managers to update them on plans for the chain which began opening stores in Southern California earlier this month. | read moreVISHAL targets Tier 11 and Tier 111 cities in India
In India, Vishal Retail is planning to tap into Tier II and Tier III cities across the country. The company has been displaying exponential growth by doubling its revenue every year and is expected to close 2007-08 with INR1,200 crore (USD297 million). | read moreWAL-MART Canada introduces 24/7 opening
Wal-Mart Canada has announced that, beginning December 1, more than one in four Wal-Mart stores Canada-wide will open around the clock. Stores will open their doors on December 1 and not close until Christmas Eve. | read moreWALMART.COM offers week of online specials
Walmart.com is "giving customers another special Christmas gift" as it kicks off Cyber Monday with five days of online specials, only available at Walmart.com. | read moreBEST BUY launches bilingual website
According to reports in the local media, Best Buy has launched a transactional bilingual website in the US. Best Buy noted that it has listened to its growing Hispanic customer base and in an effort to further address their unmet needs, has made numerous changes. | read moreCASAS BAHIA expands stores
In Brazil, Michael Klein, executive manager Casas Bahia, has announced that he expects the retailer to end 2007 with a BRL12.5 billion (USD6.5 billion) income, which is BRL1 billion (USD522 million) above 2006. | read moreCIRCUIT CITY selects Vericept for data loss prevention
In the US, Vericep, a provider of information leakage prevention solutions, has announced that Circuit City has selected Vericept's Data Loss Prevention solution to secure customer and corporate data as well as control and maintain current compliance for regulations such as the Payment Card Industry Data Security Standards (PCI DSS). | read moreDSG may expand instore kiosks
Felix, an operator of electronic kiosk, has announced that it hopes that a successful trial will see a wider roll-out of its kiosks across Dixons Tax-Free and Currys stores. | read moreGAMESTOP expands with new shops in Ireland
Video games retailer GameStop has announced that it is continuing to expand its Irish operations with new stores recently opened in Finglas, Gorey, and Castlebar, while the town of Limerick is to get a third store. | read more
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