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Expert View
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Value clothing retailer Blue Inc, with financial backing from its new chairman Sir Stuart Rose and high-profile investors the Reuben Brothers, plans to expand its international presence. The retailer, which already has a growing online operation in the US, Russia, and the Baltic and other Eastern European states, plans to open stores in Ukraine, Latvia, and Lithuania later this year.
Published By Datamonitor
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28 Aug 2012 |
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CommentWire
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The UK-based Kingfisher is set to introduce a franchise model as part of its long-term growth plans, which are to be announced in the first quarter of 2011. This initiative will enable Kingfisher to expand quickly, reduce the impact of difficult trading conditions in the UK and increase its hold over the European market.
Published By Datamonitor
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07 Oct 2010 |
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CommentWire
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Russian fuel retailer Lukoil has announced an eight-year plan to increase its focus on shop sales at its service stations, while its Baltic subsidiary has launched a new loyalty program. Both events serve to demonstrate Lukoil's new customer-centric aspirations, and suggest that we may see these aspirations being fulfilled in a rather innovative way.
Published By Datamonitor
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20 Nov 2006 |
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Expert View
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Despite the downturn facing the once booming Baltic Tiger States, sales at Maxima were up 31.4% to LTL4.79 billion (E1.38 billion) for the first six months of 2008. The outlook remains positive for Maxima, as sales are being boosted by price conscious consumers' attraction to its stores. Meanwhile, expansion in Bulgaria could provide a significant growth opportunity for Maxima outside the Baltics.
Published By Datamonitor
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18 Jul 2008 |
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CommentWire
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PKN Orlen has begun outlining its retail intentions for the Baltic region as it moves closer to the official acquisition of Lithuanian refinery Mazeikiu Nafta. While this deal gives PKN access to much-needed upstream assets, its lack of retail presence means it will have a lot of work do to if it intends to grow organically in markets where the likes of Lukoil and Statoil are firmly established.
Published By Datamonitor
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12 Oct 2006 |
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CommentWire
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Ted Baker has reported strong group revenue growth for the 52 weeks to January 30, 2010, despite its wholesale division experiencing negative growth. Indeed, a 15.4% increase in group retail sales drove a 7.2% rise in group revenue. While the retailer should now look to capitalize on growth opportunities in the UK and Europe, as well as further afield, it must ensure it protects its brand image.
Published By Datamonitor
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29 Mar 2010 |
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Expert View
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Rapid network expansion and upstream muscle are the unstoppable forces pushing Lukoil to the fore of fuel retailing in central and eastern Europe (CEE). The firm is the key mover in the region, expanding its site presence by a remarkable 180% over the past three years. But selling petrol is not simply a numbers game: Lukoil is also successfully incorporating a strong shop proposition.
Published By Datamonitor
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11 Apr 2006 |
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