Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
Wal-Mart Stores is reportedly in talks to buy Turkish retailer Migros Ticaret from UK private-equity firm BC Partners. Reports in London today (13 December) claimed the world's largest retailer was in discussions with the buy-out house, ...
Tags: WalMart Stores, Migros Ticaret, BC Partners
Turkish retailer Migros Ticaret has booked an increase in first-half profits after "strong" same-store sales. In the six months to the end of June, EBITDA totalled TRY196m (US$107.1m), a 10% increase on the prior-year period. Gross profit ...
French retail giant Carrefour has sold its Malaysian operations to Japanese giant Aeon. The sale, announced today (31 October), was made for an enterprise value of EUR250m (US$324.1m). The transaction, Carrefour said, is part of its ...
Tags: Carrefour, retail giant, Aeon, transaction
Carrefour is reportedly in talks to combine its venture in Turkey with local rival Migros Ticaret. Bloomberg Friday (28 September) reported Carrefour and Migros were in "early" talks over a possible combination of the two businesses. ...
Tags: venture, stock exchange, local venture