Opinion on Retailing in Czech Republic

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Type Product title / description Pub Price
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Ahold: disappointing US figures, much work ahead

Ahold's 2006 results reveal a weak US performance and a large task ahead. Ahold's sales reached E44.9 billion, up 2% on 2005. While the Dutch retailer delivered strong growth in its domestic market, the US business, accounting for 70% of turnover, is struggling. Going forward, Ahold needs to reduce debt, return its US and Czech operations to profitability and divest its US foodservice operation.

Published By Datamonitor
23 Mar 2007
ResearchWire
ResearchWire

Confectionary: Czech market will grow at 5.4% per year

Published By Datamonitor
10 Apr 2001
CommentWire
CommentWire

Eastern European Retail: foreign chains rattle the small shopkeepers

The new Polish government of the conservative Law and Justice party has promised to examine the encroachment of hypermarkets into the country's retail sector. However, an element of political calculation is thought to be involved in this: while about 100,000 people are employed in large stores, the retail sector as a whole employs more than 2 million, mainly in small independent shops.

Published By Datamonitor
21 Nov 2005
Expert View
Expert View

Halfords: motoring ahead

UK-based car and cycle products retailer Halfords has delivered a sparkling set of results, with sales up 9.1% and like-for-like sales ahead by 6.1%. The company is adopting a multi-format expansion strategy and is poised to open its first store in the Czech Republic before 2008. This well polished operation ticks all the right boxes and, as a result, Halfords' success looks set to continue.

Published By Datamonitor
11 Jun 2007
Expert View
Expert View

Halfords: positive results and bright outlook

Halfords has started 2007 on a positive note, posting solid uplifts in both sales and profits for the first six months of the trading year. With the retailer continuing to execute its business proposition successfully and to leverage its scale advantages through low prices and range depth, it seems likely that Halfords will continue to build market share going forward.

Published By Datamonitor
23 Nov 2007
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Kesa Electricals: surviving in a challenging market

Kesa saw like-for-like sales fall by 6.1% in the 12 months to April 30, 2009, while total sales increased by 8.3%. Effective cost control and a strong balance sheet will help the retailer to weather the storm, but Kesa must not neglect its core offer and long-term growth opportunities.

Published By Datamonitor
14 May 2009
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Kesa: sales improvements driven by Darty

Electricals retailer Kesa has seen solid revenue growth in H1, with an uplift in both retail profits and margins. While Darty remains the strongest performer of the group, its Comet brand continues to flounder. Consequently, Kesa has accelerated the rollout of the Darty concept across its European stores, and is investing the bulk of its capital expenditure in further boosting the brand.

Published By Datamonitor
13 Dec 2010
CommentWire
CommentWire

Lukoil: downstream focus gathers pace

Leading Russian oil producer Lukoil has entered into talks with ConocoPhillips to acquire some 380 filling stations under the Jet brand. This move illustrates the fact that, while the US giant begins a huge divesture program to fund upstream investments, Lukoil is heading downstream with a vengeance.

Published By Datamonitor
18 Dec 2006
Expert View
Expert View

OMV: focusing on value-added services to drive market share

Through a partnership with Western Union, fuel retailer OMV is set to offer international money transfer facilities across its network in eight Central and Eastern European countries. This is the second recent venture into the financial services space for OMV, and highlights its high focus on expanding and diversifying its service offering to drive customer satisfaction.

Published By Datamonitor
21 Jul 2010
CommentWire
CommentWire

PKN Orlen/Lukoil: clash of the great eastern European fuel retailing titans

Polish oil giant PKN Orlen is beginning to flex its muscles on the eastern European service station market. Most recently, it has been reported that the company is seeking to purchase the Esso petrol network in the Czech Republic from ExxonMobil. However, PKN Orlen's plans are likely to clash with those of Lukoil, which has also been expanding aggressively in this region.

Published By Datamonitor
15 Mar 2007

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