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TESCO Clubcard to go global

TESCO Clubcard to go global

In an exclusive interview in Retail Week, the chief executive of Tesco, Sir Terry Leahy, has said that he wants to launch the Clubcard loyalty scheme in every country where the retailer operates. The programme is already available in Ireland and South...

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WAL-MART invests in DC in Brazil

WAL-MART invests in DC in Brazil

The president of the Wal-Mart Brazil, Vicente Trius, has inaugurated the first stage of the modernization and expansion of the group's distribiution centre in Pirajá, Bahia. BRL32 million (USD14.8 million) is being invested in the DC that will service...

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LIDL unprofitable in Czech Republic

LIDL unprofitable in Czech Republic

According to reports in the Czech press, Lidl’s local operation reported a loss of nearly CZK900 million (USD39.7 million) last year, caused primarily by the quick pace of store openings in the country. Lidl entered the Czech Republic in 2003 and has...

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