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BOSNIA-HERZEGOVINA: Konzum to invest 15 million euros and open 20 new stores

BOSNIA-HERZEGOVINA: Konzum to invest 15 million euros and open 20 new stores

Croatian retailer Konzum will this year create 300 jobs and invest 30 million Bosnian Convertible Marka (15 million euros) in Bosnia and Herzegovina. On the occasion of the 10th anniversary of oper...

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POLAND: Carrefour in bid to buy alcohol chain

POLAND: Carrefour in bid to buy alcohol chain

Carrefour Polska is attempting to buy Galeria Alkoholi, a nationwide chain of stores selling alcoholic drinks. News of the takeover-bid was revealed by anti-monopoly institution the Office of Competitio...

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Tetra Pak develops cheese business by acquiring Polish company

Tetra Pak develops cheese business by acquiring Polish company

Tetra Pak, the world leader in food processing and packaging solutions, has completed the acquisition of Polish company Obram S.A., a leading provider of cheese technology solutions and equipment in Poland, ...

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Czechs prefer Kaufland over other retailers

Czechs prefer Kaufland over other retailers

According to the results of the latest survey carried out by Incoma GfK, the dominant position on the Czech retail market is held by the hypermarkets (Albert, Globus, Interspar, Kaufland and Tesco); 47 per c...

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RUSSIA: Carlsberg announces closure of two breweries

RUSSIA: Carlsberg announces closure of two breweries

The Carlsberg Group has decided to close two of its 10 breweries in Russia, followinglast year’s suspension of production at two of its Russian breweries. The Group has evaluated its Russian production struc...

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Magnit plans ‘aggressive’ 2015 store opening amid Russian crisis

Magnit plans ‘aggressive’ 2015 store opening amid Russian crisis

PJSC Magnit, Russia’s largest retailer, plans to strengthen its market position by accelerating store openings just as the country’s economy enters a recession. “We’ll have our most aggressive opening pl...

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Tesco closes stores in the Czech Republic

Tesco closes stores in the Czech Republic

The British Tesco supermarket chain closes two large stores in the Czech Republic soon. As the result of the closure of the Supermarkets in Ústí nad Labem and Prague, 102 people will lost their jobs – Tesco’...

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HUNGARY: SPAR denies plans to close stores

HUNGARY: SPAR denies plans to close stores

The Hungarian arm of Austrian retailer SPAR has denied press reports earlier this week that it was to close stores in Hungary, but UK-based Tesco will not stop at shutting 13 stores in Hungary, daily newspap...

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Convenience format shrinking in Greece

Convenience format shrinking in Greece

Convenience stores in Greece reported decline in sales during 2014, as a result of economic challenges and the decline in disposable income. Convenience stores reported a sales decrease 4% - 5% per year, amo...

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HUNGARY: Tesco to shut down 13 stores

HUNGARY: Tesco to shut down 13 stores

The Hungarian unit of UK retail chain operator Tesco will close 13 loss-makin shops, mainly outside of the capital, from February, conservative daily Magyar Nemzet said. Tesco Global Áruházak, which operates...

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