Opinion on Hypermarkets, Supermarkets and Discounters in Middle East and Africa

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Type Product title / description Pub Price
CommentWire
CommentWire

Tesco: massive potential despite reduced UK like-for-like growth

Tesco's first quarter trading statement contained something that we have not seen for quite some time; UK like-for-like sales growth below 5%. Though not a disaster, this lower rate of growth raises a number of questions.

Published By Datamonitor
19 Jun 2007
Expert View
Expert View

Tesco: weaker UK performance offset by progress abroad

Against expectations that its interim results would be substantially weaker than a year ago, Tesco has delivered impressive growth of 9.2% to GBP24.7 billion in the six months to August. While performance in the UK has been less impressive, it is balanced by encouraging international results and should recover form as ongoing investment programs deliver returns.

Published By Datamonitor
03 Oct 2007
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Expert View

Waitrose: blueprint for international growth?

Waitrose has signed a licensing agreement to open more than 20 sites in the Gulf by 2010. Waitrose's decision to license its fascia to a retail partner in the Gulf is a further indication of the retailer's more aggressive approach to expansion. If successful, it could provide the template for further international growth alongside the buoyant prospects of its UK operations.

Published By Datamonitor
02 Jan 2008
CommentWire
CommentWire

MAF-Carrefour: considering new projects in Saudi Arabia

The MAF Group, in conjunction with anchor partner Carrefour, primarily develops and manages shopping malls and hypermarkets across Egypt and the Middle East. MAF is considering new development projects in Saudi Arabia following 15-20% falls in urban land values; expansion would improve MAF's positioning in Saudi, a market dominated by early-mover MAF competitors.

Published By Datamonitor
13 Feb 2009
CommentWire
CommentWire

Syrian economy: liberalization offers new retail opportunities

Until last year, the Syrian retail sector lacked big malls and associated hypermarket chains because the importation of foreign consumer goods and electronic items was banned. However, the Syrian government has gradually liberalized import restrictions and many foreign goods have been removed from the list of banned items, leading a number of Gulf retail groups to consider entering the country.

Published By Datamonitor
17 Mar 2009
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Expert View

Tesco: losing share but riding high

Tesco is comfortably riding out the challenging trading conditions facing UK retailing, recording pre-tax profits of GBP2.95 billion for the 52 weeks to February 28. Although exposure to non-food and the impact of its Discounter brand have dented sales growth, the supermarket's international credentials and ability to diversify into new markets will see it continue to prove a formidable retailer.

Published By Datamonitor
21 Apr 2009
CommentWire
CommentWire

Savola's purchase of Geant Saudi's stores marks another big move in the Kingdom's FMCG sector

Savola Group chief executive, Sami Baroum, announced yesterday that an agreement has been reached with the Fawaz Alhokair Group to purchase all 11 Saudi Geant stores in the Kingdom. The deal is expected to see Savola's fast moving consumer goods retail arm, Azizia Panda, grow its share of the Saudi retail market to 8%, up from 7% at present.

Published By Datamonitor
28 Jul 2009
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Metro Group: negative currency effects and deflationary trends in food hurt sales

Cost-cutting measures helped German retail conglomerate Metro Group to achieve stable EBIT for the third quarter, despite a 4.6% drop in group sales to E15.6 billion caused primarily by declining food inflation and negative currency effects in Eastern Europe. While the rest of the year will remain challenging, growth in international markets will provide a further boost to sales.

Published By Datamonitor
05 Nov 2009
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Expert View

Waitrose is extending its international brand reach with new stores and increasing exports

Waitrose has expanded its store portfolio with outlet openings in Jersey and Bahrain during February, with four further Channel Islands stores soon to follow. Meanwhile, the retailer will continue to extend its brand equity in 2011 through the distribution of its own brand products in the US and Canada, as it maintains a two-pronged international development strategy.

Published By Datamonitor
22 Feb 2011
CommentWire
CommentWire

Australia: two of the country's largest grocery retailers found guilty of "local washing"

Woolworths and Coles, the "big two" in Australian grocery retailing, have been named, shamed, and fined for incorrectly labeling imported produce as "local." While Australians are generally keen to support their local community, violations such as these threaten to weaken the local movement. At a time when rising food prices are already putting pressure on local offerings, authenticity is key.

Published By Datamonitor
18 May 2011

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