Spar Austria has introduced reusable bags for fruit and vegetables, as part of its efforts to reduce the use of plastic bags. Spar, through its hypermarket division Interspar, has launched new polyester net bags with a drawstring for ...
Tags: Spar Austria, reusable bags
Bord Bia has launched an Irish beef promotion this month with the Maredo steakhouse chain, a major player in the German market. The Maredo publicity declares Irish beef to be “wholesome, juicy and Irish” and the month-long ...
Tags: Bord Bia, beef, German Steakhouse
Krispy Kreme Doughnuts has announced a development agreement with Hagar verslainr ehf. that will bring the sweet treat company to Iceland. The first of five Krispy Kreme shops will open in Reykjavik on 5 November. "We are excited to ...
Tags: Krispy Kreme Doughnuts, agreement, Hagar verslainr ehf.
IIC-Intersport International Corporation has signed a license agreement for the territory of Ukraine with Epicentr K. This agreement exclusively allows Epicentr K to open Intersport stores in Ukraine, sell Intersport’s private label ...
Tags: IIC-Intersport, Epicentr K, sporting
Changs Ascending Enterprise Co., Ltd. (CAEC), a supplier of lithium-iron phosphate oxide (LiFexMyPOz) cathode materials, and a Taiwan Stock Exchange (TWSE)-listed firm, recently claimed that it will copy its successful Japanese market ...
Tags: Cathode-material, CAEC, lithium-iron phosphate, machinary equipments
The Sharjah and Ajman municipalities in the UAE have deepened investigations into dairy products sold across food outlets in the regions over a bacteria contamination. This follows Ministry of Economy's decision to recall Perail, a type ...
Tags: Dairy Products, dairy
Firm estimates that German market will represent 20 per cent of its sales in three years. Electronic toy specialist Ingo Devices is making further in-roads into the German market, having inked a number of new deals. The Spanish firm has ...
Tags: Ingo Devices, German market
Gross retail turnover at specialty stores retailer, Shoppers Stop Ltd (SSL) lifted 7.23 per cent year on year in the third fiscal quarter ended December 31, 2014. SSL said its gross retail turnover stood at Rs. 844.77 crore for the ...
Tags: Shoppers Stop, Mothercare, Apparel
Tesco Plc., the world’s third-largest retailer, has applied to the Indian Government for developing a multi-brand retail business in India. The company has filed its application with the Department of Industrial Policy and ...
Tags: Multi-Brand Retail, UK's Tesco
As India opened entry of foreign firms in multi-brand retailing in the country through foreign direct investment (FDI) route, last year, several retail majors like Tesco and Sainsbury have expressed interest in launching outlets in India, ...
Tags: Retail Majors, Apparel
Spar International has entered into a partnership agreement with Abu Dhabi Co-operative Society (ADCOOPS) that aims to boost the retailer's presence in the Middle East. ADCOOPA has opened, under licence, a flagship store for each format - ...
Tags: Spar International, ADCOOPS, Middle East
X5 Retail Group, Russia's largest retailer by sales, reported an 8.3% rise in net sales for fiscal 2012, driven by higher revenues at the group's discount formats. The company said net sales for the year grew to RUB490.09bn (US$16.2bn) in ...
Tags: X5 Retail Group, net sales, discount format
Russian retailer O'Key has seen its like-for-like sales rise during the fourth quarter, which contributed to a 24.5% increase in total revenue. During the period total revenues rose to RUB116bn (US$3.8bn). Gains were primarily driven by ...
Tags: O'Key, sales, fourth quarter
Russian retailer Magnit booked a 71.62% increase in full-year EBITDA today (22 January), driven by improved margins and higher sales. The company said that EBITDA rose from RUB27.6bn (US$939.3m) in 2011 to RUB47.37bn in 2012. In 2012, the ...
Tags: Magnit, margins, higher sales, EBITDA
Russian retailer Magnit has reported full-year sales up by more than a third, after opening nearly 1,600 stores during the period. For the 12 months to the end of December, Magnit reported preliminary consolidated net sales up by 34% ...