Interposed closure of some Tesco supermarkets

Interposed closure of some Tesco supermarkets
Date: 2009-01-08 00:00:00

The retail chain is looking for import in fresh milk and meat, after the producers of the sector said, because of the gas usage limitation they can't delivere to the...

Daily more millions of milk will be wasted vain
Date: 2009-01-08 00:00:00

If the dairy firm will not take the fresh milks because of the limitaiton of gas usage, farmers have to throw out million liters of milk. Hungarian Agriculture Chamber ask...

Gas restrictions was lifted on category II consumers
Date: 2009-01-08 00:00:00

Restrictions remain in place for “category I” consumers that use more than 2,500 cubic meters per hour. Hungarian gas transmission company FGSz said it would reintroduce the restrictions on category...

Carrefour Market to open in Milan
Date: 2009-01-07 00:00:00

Carrefour opened its first Carrefour Market store in Italy in suburban Milan in December. While it is the 1,599th store in Italy, this is the first time the multi-format, single-banner...

COOP declares price war in Switzerland
Date: 2009-01-07 00:00:00

The retailer has lowered the prices of 600 branded goods by 12% on average to compete with prices offered by the discount chains. COOP has declared a price war against...

TESCO announces GBP100 million in price cuts
Date: 2009-01-07 00:00:00

The supermarket chain said this took its total investment in price cuts over the last fortnight to GBP200 million. Tesco, the UK retailer has announced a further GBP100 million of...

Bonduelle don't supply Intermarché
Date: 2009-01-07 00:00:00

Intermarché in France has refused to accept price rises of 7.5% for vegetables manufactured by Cassegrain-Bonduelle. As a result, the brand is temporarily unavailable in Intermarché outlets. Commenting on the...

This year Maspex Olympos distributes Plusssz
Date: 2009-01-07 00:00:00

The plusz brand belongs to Maspex Wadovice, the parent company of Hungarian Maspex Olympos. The manufacturing and the product developing remains in Poland, only the distribution will be made by...

Price in food industry low by 0.5%
Date: 2009-01-07 00:00:00

Domestic sales prices of industry decreased by 1.3% in November 2008 compared to the previous month and were 10.8% higher than in November 2007. Export sales prices of industry measured...

Saxoo to open on new markets
Date: 2009-01-07 00:00:00

There are 32 Saxoo stores in Hungary and four in Slovakia. But the franchise aims to start expanding in Austria, France and Czech Republic. Swiss-owned Hungarian “club wear” franchise Saxoo...

Plus stores will be SPAR supermarkets
Date: 2009-01-07 00:00:00

From 1th of January started the rebanding of the formel Plus stores. Spar Hungary singed an agreement for buying 174 Hungarian Plus stores in March 2008. After Bruessel”s green light...

Next British clothes retail chain in trouble
Date: 2009-01-06 00:00:00

Adams Childrenswear has closed 111 of its stores in UK. As a result of the closures, 850 members of staff have been made redundant with immediate effect. Adams blamed the...

Hungarians are less happy than the European average
Date: 2009-01-06 00:00:00

The 51-country Nielsen happiness study, which polled 28,153 respondents online in May 2008, found that globally, women are happier than men in 48 of the surveyed countries. Hungarians are most...

Winter specialists from Nespresso
Date: 2009-01-06 00:00:00

Building on its expertise of delivering highest-quality coffees, Nestlé Nespresso S.A. introduced an exclusive collection of fine, luxury sweets for its Hungarian customers. Nespresso has just introduced the seasonal flavors...

Germany under negative watch by Coface
Date: 2009-01-06 00:00:00

Following in the footsteps of France – under negative watch since October 2008, Germany was the last major Western European country to have the best Coface country rating. Weakened by...

Asda presents supermarket clinic
Date: 2009-01-06 00:00:00

Wal-Mart-owned Asda is offering customers blood tests in one of its UK stores in a bid to cut hospital waiting times. The instore clinic, funded by the Health Service will...

Danubius sold its London hotel share
Date: 2009-01-06 00:00:00

The hotel chain bought 25% share of the CP Regents Park Two Limited four years ago for GBP 5.1 million. Now the parent company of the Danubius, CP Holdings Ltd....

Marks & Spencer 5.5% sales decreasing
Date: 2009-01-06 00:00:00

UK retailer Marks & Spencer is expected to report its worst Christmas sales figures for 10 years. The UK press has reported that the retailer is expected to report like-for-like...

Pepsi and Beckham Finish the Relationship
Date: 2009-01-06 00:00:00

PepsiCo Inc said it is ending its endorsement relationship with English soccer star David Beckham after 10 years in a move described as mutual by both sides. Terms of Beckham's...

No rice absence to wait
Date: 2009-01-06 00:00:00

Vietnam could export more than 5 million tonnes of rice in 2009, up at least 6.4 percent from last year, a state-run newspaper said. In 2008 Vietnam exported 4.72 million...

Tender for protecting innovation
Date: 2009-01-05 00:00:00

This special source could pay 45% of the total cost of technology developments. The summ is non-refundable. The aim of the construction is to protect the innovation operation of the...

ALDI US opens units in NYC
Date: 2009-01-05 00:00:00

According to a report in the Financial Times, Aldi hopes to open its first store in New York City in the course of 2009, as it continues its steady US...

Asda cuts prices on 1,000 essential items
Date: 2009-01-05 00:00:00

The range of reduced items includes 200 health & beauty items, 100 frozen food lines and three-packs of selected fresh meats or bottles of wine. In the UK, Wal-Mart owned...

Earnings at U.S. retailers will fall 20 percent in 2009
Date: 2009-01-05 00:00:00

The International Council of Shopping Centers in New York predicts 73,000 U.S. stores may shut in the first half of 2009 after what may have been the worst holiday-shopping season...

Global manufacturing PMI fell to new low
Date: 2009-01-05 00:00:00

The PMI for Eurozone manufacturing sector fell to 33.9 in December from 35.6 in November. The current reading was the lowest since 1998, when the survey started. The Purchasing Managers...

NO Sunday shopping in Croatia
Date: 2009-01-05 00:00:00

Retailers complain the new law will adversely affect the economy, forcing layoff and shop closings. They want a repealing of the new law. The law was passed Dec 30 after...

Extrem big Christmas Shopping
Date: 2009-01-05 00:00:00

December retail sales in Hungary may exceed HUF 900 million, the biggest collective Christmas spending spree for the nation ever. According to National Retail Association Secretary György Vámos this year...

Year of liquidations comes?
Date: 2009-01-05 00:00:00

Last year 11,504 firms were liquidated, only in the last quarter more than 3,400. According to Opten Informatic Ltd. the year 2009 will be worse, because the Hungarian SMEs has...

ALDI plans to expand in US
Date: 2009-01-02 00:00:00

Germany-based Aldi is looking to grow its portfolio of stores in Memphis in the US. The discount retailer recently purchased a site in Collierville for USD1 million where it will...

KFC opens 200th Store in Beijing
Date: 2009-01-02 00:00:00

The company had earlier announced that it plans to open 500 KFC stores in China in 2009. In China, Yum! Brands-owned Kentucky Fried Chicken (KFC) has opened its 200th store...

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Interposed closure of some Tesco supermarkets