Company and Personal News

Common developing by ALDI and Travelodge

In the UK, discounter Aldi is teaming up with Travelodge to launch a series of hybrid hotel-supermarket developments.  The two companies are developing sites in Newquay and Middlesbrough which will...

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Delhaize confirms new discount concept in Belgium

At the end of last week, Delhaize confirmed that it is opening a new discount store concept in Belgium.  A spokesman for the retailer said that the new “concept store”...

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SPAR Austria to enter Serbia

As Trade Minister Slobodan Milosavljevic has reported in his presentation of Serbia’s trade strategy through to 2012, foreign retailers, namely SPAR Austria and Migros Türk-owned Ramstore, will enter the Serbian...

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TESCO accused by suppliers of making “aggressive” demands

According to reports in The Sunday Times, Tesco is locked in a battle with suppliers after allegedly demanding one-off cash payments and keener terms to help fund its price war...

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TUS TRGOVINE expands in Balkans

Slovenian retailer TUS Trgovine has announced that it has invested more than EUR60 million this year in expanding its retail network in the markets of Bosnia and Herzegovina, Serbia and...

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Nestle to invest $212 mln in Russian factory

Company will spend $211.6 million on expanding its instant coffee factory in Russia’s southern region of Kuban, a Nestle executive said on Monday.  Luis Cantarell, executive vice president of the...

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Natural Beauty Products Flooding the Market

Fueled by the beauty industry's focus on natural ingredients, the number of organic and “ethical” cosmetic products introduced this year is up 23% from 2007, per a new study released...

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9,000 own brand product at Carrefour Spain

In its 2007 annual report, Carrefour Spain has announced that private labels have become a mainstay, generating 25% of the retailer's sales (food and non-food) during the year.  According to...

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Sales At Britvic Jump 29%

UK’s second-biggest soft drinks manufacturer, reported total sales of £926.5m, while sales in its GB & International division rose 4.8% to £725.8m.  The company, whose brands include Tango, Robinsons squash...

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Edeka To Continue Hiring Staff

German food major Edeka has announced that it plans to hire an additional 25,000 employees by 2010, to add its existing staff levels. The group currently has about 253,000 employees...

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Storck's sweets for donation

It is the third time that Storck Hungária Kft. gives products in value of HUF one million for protecting Food Bank programs. On 16th October, on World Food Day, Food...

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New type of Tesco Hypermarket in Miskolc

The 83. Tesco store was built on the place of a former silo. The unit is 3,000 sgm big and give work for 120 people. The interior design of the...

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Coca-Cola's profit grow by 14%

The company reported a 10% growth in sales of uncarbonated drinks, including juices and bottled water. Sales of fizzy drinks, which include Coca-Cola, Dr Pepper and Fanta, rose by 3%....

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Lidl to sell low cost energy in Italy

The retailer has signed an agreement with local energy company MPE Energia to enable it to deliver the service.  Lidl Energia envisages three types of cover including ‘Energia Low Cost’...

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SABMiller's slow increase in Europe

British brewer SABMiller plc said its financial performance for six months was in line with the group's expectations. Additionally, the company warned that the prospects for the rest of the...

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SPAR chain to grew by 10-15 units

Because of the aqusitions and developing SPAR Hungary will be SPAR's biggest subsidiary in abroad.  According to Napi Gazdaság SPAR doesn't stop to increase after buying the Plus disqount chain,...

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Subway surpasses 30,000 outlets

The sandwich chain has 30,021 in 88 countries. The company said it reached the milestone with the opening of nine outlets all within the same day, including locations in the...

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Tengelmann's CEO Karl-Erivan Haub is satisfied

The retailer has announced the full-year results from its European operations for the 2007/08 financial year ended 30 April 2008. Sales in Europe increased by 2.5% to reach almost EUR20...

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18 yes – campagne at the Hovente exhibiton

Borsodi Brewery wants to call attention of the specialist, that the beer is a drink for adults. This campagne is a part of company's CSR activity, this time the focus...

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Buy Samsung mobile and give money against breast cancer

2007 saw over half-a-million pounds for breast cancer charities raised by Samsung throughout Europe, which signalled the start of a four-year plan by the manufacturer to support the cause. In...

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Auchan to expand in Portugal

Auchan plans to invest EUR60 million in the expansion of its Pão de Açúcar supermarket chain in Portugal.  The retailer plans to open 13 Pão de Açúcar stores over the...

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Intermarché for online supermarket

Intermarché has launched a major marketing campaign for its grocery ecommerce site. The campaign includes leafleting and a TV spot advertising the low prices of its online supermarket.  It is...

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Asda to build first wind turbine

Asda is to build its first UK wind turbine at its Falkirk distribution centre to generate three quarters of the energy required for the depot.  The retailer has been granted...

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800 m2 METRO stand on HOVENTA Exhibition

Over the technical tangible assets, machinery this year Metro introduces to the professional public company's „Fresh product concept” in fish, flesh and vegetables-fruit categories. The METRO stand is avalaible at...

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Brutal profit loss by LG Display

World secon display producer reported a 44 percent drop in third-quarter net profit to $244.1 million.  The flat panel market could recover from the second quarter of next year when...

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A modular fridge won Electrolux's Design Lab 2008

Stefan Buchberger, from the University of Applied Arts, Vienna, Austria, has been chosen winner for inventing Flatshare. Flatshare is a modular fridge with individual compartments for people who live with...

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