Yukos: Russia set to invade Europe

While there are many bidders for BP's surplus German oil businesses, Yukos is one of the frontrunners to purchase the 650 service stations and 45% share in a refinery. Yukos has earmarked $2 billion towards improving its position in western European refining and retailing. Alongside fellow Russian firm Lukoil, Yukos is definitely a company to watch.

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Woolworth: brighter future beckons upon buyout talks

Germany's Woolworth is set to change hands yet again. PE investor Cerberus is reportedly interested in both the retailer's real estate and taking over the operating business as a going concern. However, the company will have a job on its hands if it is to successfully turn around the underperforming chain in Germany's tough retail climate.

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Wal-Mart: German retreat not the end of international expansion

US-based Wal-Mart's decision to sell its 85 German stores after eight years in the country follows the retailer's withdrawal from South Korea in May. Having made two retreats in three months, Wal-Mart now needs to convince investors that it can operate effectively outside North America.

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Wal-Mart: German closures will strengthen international focus

The recent performance of Wal-Mart is not one the company would wish for, with monthly growth at the bottom end of expectations in the US and weak performance at several international operations. Closing some of its weaker German outlets should help the company to strengthen its focus and reshape its international portfolio.

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Wal-Mart: fight prices but befriend suppliers

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UK clothing retailers target Germany for international growth

With two of the UK's largest clothing retailers announcing trading results, Verdict looks at their expansion plans for the German retail market. M&S is increasing its commitment to Germany by launching a local language site with prices in euros, while Primark continues to roll out stores in the country, with as many as 150 planned, up from just eight at present.

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Topshop's South African expansion highlights potential of market

With growth slowing in more mature markets, Arcadia is set to launch Topshop/Topman franchise stores in Johannesburg and Durban later this year demonstrating the attractiveness of the country and the market entry potential for other UK clothing brands.

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Tengelmann: positive results and outlook

Tengelmann, with a presence in 14 European markets, has completed its 139th year of trading, reaching E25.7 billion in the year to April 2006. All business reported positive growth, a remarkable result against the backdrop of a difficult trading environment in its domestic market Germany and the company's expansion strategy, which promises further future growth.

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Tengelmann: looking to dispose discount arm

After the disposal of Plus' Spanish operations to Carrefour, the core German business is reportedly also up for sale. Edeka and Rewe, the two powerhouses of German retailing, have expressed an interest in the retailer. Through the acquisition, Edeka could strengthen its neglected Netto chain, while Rewe would massively increase buying power and store portfolio of its underperforming Penny format.

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Temma: organic growth in Germany

The Temma market and deli concept store, opened in Cologne, Germany by Rewe, will retail organic and locally produced food and have a large cafe area. Although the format follows the trend of other German grocers launching organic private label ranges due to increased consumer demand for such goods, higher prices and a niche target market mean potential rollouts will need to be assessed closely.

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