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CommentWire
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Reliance Industries first Reliance Fresh store in Delhi marks the start of an aggressive 100 store rollout planned for the capital city over the next few months. The move represents a significant step in the company's endeavor to capitalize on India's growing middle class economy.
Published By Datamonitor
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30 Jan 2007 |
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CommentWire
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The sheer scale of Russia represents a major opportunity for international retailers. Tesco will undoubtedly be considering its options on entering the country. However, there remain some significant barriers to entry and challenges to achieving subsequent growth.
Published By Datamonitor
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31 Jan 2007 |
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CommentWire
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Ahold's strong Q4 trading in the Netherlands could not offset the losses incurred in the US, where long running underperformance continued, even though US like-for-like sales declines were clearly exacerbated by a weak dollar. This could prompt activist shareholders Centaurus and Paulson & Co to step up their pressure on the retailer to break up its operations.
Published By Datamonitor
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02 Feb 2007 |
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CommentWire
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As a consortium consisting of CVC, Kohlberg Kravis, and Roberts and Blackstone circle UK supermarket chain J Sainsbury, a number of questions are inevitably raised. These include why the private equity houses are now showing an interest, and if they are successful, what they intend to do with the retailer.
Published By Datamonitor
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05 Feb 2007 |
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CommentWire
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Wal-Mart's Indian partner, Bharti Enterprises, is pledging to invest up to $2.5 billion in developing a nationwide store network that will enable Wal-Mart to take advantage of the tremendous growth potential India has to offer. However, they will come up against stiff competition from incumbent domestic players who are expanding rapidly.
Published By Datamonitor
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20 Feb 2007 |
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CommentWire
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Asda is to launch an expansion drive in a bid to improve sales growth and protect its place as the UK's second largest grocer. But, with Tesco going from strength to strength, Sainsbury close on its heels and Morrison delivering solid growth, the market remains as competitive as ever.
Published By Datamonitor
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21 Feb 2007 |
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CommentWire
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Wal-Mart's latest deal sees the US retailer taking a 35% interest in Trust Mart, the Chinese discount operator with 101 stores in 34 cities. Longer term, Wal-Mart could take managerial control of the business, in a move that would propel the retailer past rival Carrefour as China's biggest foreign operator of hypermarkets.
Published By Datamonitor
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27 Feb 2007 |
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CommentWire
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The year to April 2006 was an extremely eventful year at Somerfield. However, in the current financial year, there is evidence to suggest the beginning of a turnaround at the UK food retailer.
Published By Datamonitor
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28 Feb 2007 |
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CommentWire
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M&S has instructed property agents to find suitable sites for supermarket-sized Simply Food Stores, which, trading from up to 22,000 square feet, would be significantly larger than current Simply Food outlets. This move could provide a longer-term boost to the business.
Published By Datamonitor
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02 Mar 2007 |
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CommentWire
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Grocers are at the center of the fuel fiasco, which has caused chaos for thousands of drivers after they filled their cars with contaminated fuel. This will not only prove costly in terms of repair bills but could prove damaging to the grocers' brands in the short term. However, the low prices and convenience of the grocer's forecourt will eventually draw customers back.
Published By Datamonitor
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05 Mar 2007 |
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