UK: June’s Retail Sales Result In Rollercoaster Ride For Retailers
UK retail sales weakened again in June with like-for-like sales falling by 0.9%, according to the latest edition of the BDO Stoy Hayward High Street Sales Tracker.
UK: Ocado To Extend Everyday Range (Sub-only)
Online grocer Ocado is reported to be planning to extend its economy own label line, ‘Everyday,’ from 56 lines currently.
UK: KamBasket Weekly Update
Data for 7 days up to Thursday 2nd July ’09: The average price of
the
KamBasket
has decreased by 92p over the last week with prices
declining across all of the major multiples.
UK: John Lewis Sales Wilt In The Sun, Waitrose Grows
Sales at the John Lewis department returned to negative territory last week after hot weather and sporting events overshadowed the start of its summer clearance.
GERMANY: Edeka To Expand Netto Chain (Sub-only)
Edeka is set for a major expansion of its Netto discount chain, announcing plans to open 850 stores under the banner over the next three years in Germany.
RUSSIA: Pharmacy Chain 36.6 Loss Widens In Q1 (Sub-only)
Pharmacy Chain 36.6, Russia’s largest drugstore chain, has seen its first-quarter net loss widen to 648.5m rubles, from 614.2m rubles last year.
GERMANY: Penny Launches Major Price Cuts (Sub-only)
The Penny discount chain, operated by the Rewe group, has announced permanent price cuts in stores across Germany, effective 2 July.
KENYA: Uchumi Forecasts 25% Jump In FY Profit (Sub-only)
Uchumi Supermarkets has said it expects profits for the year ended June to be up 25%, helped by a growth in shopper numbers and group sales.
US: Rite Aid Struggles As Walgreen Enjoys Good June (Sub-only)
Drugstore chains Walgreen and Rite Aid reported contrasting reports for June sales, with the former seeing solid growth, in comparison to a decline at the latter.
MEXICO: Famsa Looking To Raise 1.2bn Pesos
Grupo Famse, the retail and banking group, has said it plans to ask investors to approve a capital increase of 1.2bn pesos ($91.1m) at a shareholders meeting on 17 July.
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