|
Company |
Published |
Brief Summary |
|
Aeon |
01/09/2006 |
With
Japanese economy showing signs of recovery, Aeon is working to
increase customer appeal through investment in store modernisation,
shopping centres and an overhaul of its product ranges. |
|
Ahold |
01/03/2006 |
Having
divested of many of its business units in South America, Asia and
the US and settled its shareholder dispute, Ahold is now a slimmer,
sleeker operation than previously. |
|
Aldi |
01/02/2006 |
German
discounter Aldi is battling hard on prices and experiencing sales
declines as competition increases in its saturated domestic market. |
|
Auchan |
01/08/2006 |
Auchan’s
strong expansion overseas is balancing the effects of a weak market
in France, where the group is experimenting with new formats and a
discount strategy in order to drive growth. |
|
Body Shop |
01/09/2006 |
After experiencing
lacklustre growth in recent times, The Body Shop reported a good
period of growth last year. The group was recently acquired by
L’Oréal, the world’s largest cosmetics company, for £652m and it
will be interested to see how the French giant utilises this global
chain which has built itself up around its ethical stance on product
sourcing. |
|
Boots |
01/08/2006 |
A year of
change for the Boots group as it sold off its healthcare
manufacturing business to Reckitt Benckiser, agreed on a merger with
Alliance UniChem and focused on improving performance at its core
Boots The Chemist (BTC) chain. |
|
Carrefour |
01/04/2006 |
The past
year has been one of transition for the world’s second-largest
retailer as it reorganised its management structure, closed
underperforming businesses and invested in aggressive price cuts in
order to win back market share in a highly competitive domestic
market. |
|
Casino |
01/08/2006 |
In the
face of tough competition and a weak market in France, Casino is
pursuing a long-term strategy of aggressive price reductions which
is affecting financial results, particularly at its hypermarkets.
|
|
Celesio |
01/01/2006 |
Europe’s
leading pharmaceutical wholesaler and retailer Celesio is profiting
from the continued rise in demand for medicines, although recent
legislation has impacted its profit margins. |
|
Coles Myer |
01/09/2006 |
After a
lukewarm reception to CEO John Fletcher’s latest five-year plan for
the retailer, speculation abounds that the Coles Myer Board is
considering a hostile takeover bid thought to be led by the KKR
group. |
|
Compass |
01/04/2006 |
A
difficult year for the Compass Group, the world’s largest
foodservice company, as pricing pressure from clients and increased
costs impacted on profits, while an investigation into corruption
during United Nations-related contract bidding negatively affected
the group’s share value. |
|
Coop Schweiz |
01/11/2006 |
Operating
in a weak retail environment,
Switzerland’s
second-largest food retailer
grew
sales slightly last year but experienced a drop in profit as the
group was forced to lower prices in order to remain competitive. |
|
Costco |
01/10/2006 |
US
discounter Costco may miss its annual targets this year owing to
reduced profit margins and increased fuel prices, but the group
continues to prove the value of customer loyalty as its strong
membership renewals and high-end sales keep it ahead of rival SAM’s
Club |
|
CVS |
01/12/2006 |
CVS is expanding
its drugstore and benefit management businesses through targeted
acquisitions and is well positioned to profit from the growing US
prescription market. |
|
Daiei |
01/10/2006 |
Despite a
new focus on food retailing and a new corporate logo, Japanese
retailer Daiei remains troubled and now faces an uncertain future as
foreign investors line up to buy a stake in the chain. |
|
Dairy Farm |
01/12/2006 |
Dairy Farm is
continuing to expand within Asia to take advantage of new markets
and an improving economy. Last year it increased its stake in the PT
Hero supermarket chain in Indonesia. |
|
Delhaize |
01/05/2006 |
Belgian
retailer Delhaize’s investment in its US store portfolio helped the
group to higher-than-expected sales and profits during 2005.
|
|
DSG International |
01/03/2006 |
A
reasonable year for DSG International, with group results broadly in
line with market expectations in the context of a deteriorating
retail climate in the UK. |
|
Edeka |
01/07/2006 |
Germany’s
largest retailer and co-operative, Edeka is reaping the benefits
from its Spar and Netto acquisition and aims to expand its presence
in the discount sector. |
|
Eroski |
01/12/2006 |
Spain’s
second-largest retailer is currently focused on the rapid expansion
and diversification of its activities across the country, which is
allowing it to grow sales ahead of its rivals. |
|
GUS |
01/02/2006 |
GUS can
claim a modest success during the full and half-year periods, as the
group saw slight gains in both sales and profits against a backdrop
of slowing consumer spending. |
|
Home Depot |
01/01/2006 |
The
world’s largest home improvement chain is continuing to expand and
grow its share of the American market whilst also investing in new
formats and overseas expansion. |
|
ICA AB |
01/10/2006 |
Sweden’s
leading retailer has slimmed down operations through the divestment
of its Danish and food service subsidiaries and now plans to grow
its core food retail business through continued focus on low prices,
efficient operations and expansion of its hypermarket format. |
|
J.C. Penney |
01/09/2006 |
The
second-largest department store chain in the US reported a strong
increase in sales and profit last year, having just completed a
five-year turnaround plan. |
|
John Lewis
Partnership |
01/07/2006 |
John
Lewis Partnership managed to raise its profits despite a difficult
year in its department store division. Waitrose continues to grow
strongly on the back of store expansion and consumer demand for
higher quality foods. |
|
Kesa Electricals |
01/04/2006 |
Another
tough year for Kesa Electricals, which, in the week before revealing
its year-end results had rejected a £1.72bn bid approach from a
private equity consortium, thought to be Kohlberg Kravis Roberts and
Permira. |
|
Kingfisher |
01/11/2006 |
In a weak
DIY market Kingfisher’s B&Q chain has struggled to grow sales in the
last eighteen months, although recent restructuring and promotional
initiatives are starting to show sign of working. |
|
Kroger |
01/04/2006 |
For the
past two years Kroger has been suffering the after-effects of a
long-running labour dispute at its stores in Southern California.
However, this year the group swung to profit demonstrating that it
may finally have won the battle to increase market share and win
back customers from rival chains. |
|
Laurus |
01/03/2006 |
Despite
improved sales momentum towards the latter end of 2005, Laurus’
turnover still declined considerably during the year as high
reorganisation costs combined with a supermarket price war in The
Netherlands hit the group’s bottom line. |
|
Leclerc |
01/06/2006 |
France’s
leading grocery retailer is focused on fair prices and customer
loyalty as well as campaigns for equality and the environment. The
group is growing sales ahead of its rivals and is expanding its
successful portfolio of non-food stores. |
|
Loblaw |
01/03/2006 |
Canada’s
largest retailer missed sales and profit forecasts for the year as
growth was hampered by supply chain disruptions caused by an
ambitious restructuring plan. |
|
Lowe's |
01/06/2006 |
US home
improvement chain Lowe’s is pleasing customers and shareholders with
a strong performance reflecting its modern store portfolio and range
of services catering to the DIY and DIFM (do-it-for-me) homeowner
market. |
|
Marks & Spencer |
01/08/2006 |
The
iconic retailer continues its resurgence with a strong increase in
pre-tax profits as it completes the second year of its three-year
recovery plan. However, CEO Stuart Rose warned that “we still have
much to do to ensure that we sustain growth in the long term”. |
|
Matalan |
01/09/2006 |
Matalan
continues to struggle through difficult times in the highly
competitive world of apparel retail. Poor sales figures are forcing
the retailer to push through major revamps, but just how effective
these will be is unclear. |
|
Metro |
01/11/2006 |
Metro’s
international business is booming, but sales and profits in its
German domestic market have been hit by tough competition and weak
consumer spending. |
|
Migros |
01/02/2006 |
By
focusing on low prices and diversification, leading Swiss retailer
Migros achieved slight growth last year despite a negative market
trend. |
|
Morrisons |
01/05/2006 |
Morrisons
outlined a three-year recovery plan as it announced its first ever
loss due to the after-effects of its acquisition of Safeway.
|
|
Mothercare |
01/02/2006 |
An
encouraging period for Mothercare, as the group made modest gains in
its core UK market, despite difficult trading conditions and
increased operating costs. |
|
Musgrave |
01/11/2006 |
Musgrave
is expanding its presence in Ireland with new store openings. In the
UK the group has been working to integrate its Londis and Budgens
subsidiaries into a single organisation and to replicate Ireland’s
organisational structure across its businesses. |
|
Next |
01/05/2006 |
A tough
year for the Next group, with declining sales and fierce competition
forcing a shift in business towards non-traditional avenues. |
|
Publix |
01/07/2006 |
With a
legendary reputation for customer service and satisfaction,
employee-owned supermarket chain Publix is giving larger retailers a
run for their money in the south eastern US states. |
|
Rewe |
01/07/2006 |
Rewe
increased sales by 2.2% last year to achieve record figures as a
result of its diversification and international expansion strategy.
|
|
Safeway (US) |
01/05/2006 |
US
retailer Safeway has boosted sales this year through heavy
investment in marketing and store renewals as it strives to
differentiate itself from competition in the discount sector. |
|
Sainsbury’s |
01/07/2006 |
Sainsbury’s continues its resurgence under Chief Executive Justin
King with its market share growing through the year to around 16%.
|
|
Schlecker |
01/08/2006 |
Schlecker
remains the dominant force in Germany’s health & beauty market but
has curbed its rapid expansion strategy amidst a weaker market and
increased competition from the discounters. |
|
Schwarz Group |
01/07/2006 |
With
double-digit domestic growth a thing of the past, Lidl is realigning
its focus on overseas expansion, with eastern Europe the
fastest-growing region. |
|
Sears
Holdings |
01/06/2006 |
Sears
Holdings is working to a short-term vision of pleasing shareholders
with increased profits driven by cost savings. However, the group
has been criticised for lack of investment in its stores, where
sales continue to decline. |
|
Seven & I Holdings |
01/03/2006 |
In December
Seven-Eleven Japan bought out the remaining shares in 7-Eleven Inc.,
the world’s largest convenience retailer. Now the two companies
form part of Japanese conglomerate Seven & I Holdings which is
seeking to shake up the retail market in Asia. |
|
Sobeys |
01/05/2006 |
Canada’s
second-largest grocery retailer is maintaining momentum in an
increasingly competitive market through aggressive pricing and store
remodelling. |
|
Système U |
01/06/2006 |
The
co-operative run group succeeded in increasing its turnover and
market share last year, although growth was affected by tough price
competition in the French market. |
|
Target |
01/10/2006 |
US
discounter and purveyor of “cheap chic”, Target is growing sales
ahead of rival Wal-Mart. |
|
Tengelmann |
01/05/2006 |
Tengelmann has now completed its five-year restructuring programme
and sold off non-core operations including (most recently) its
Canadian A&P stores. The group is now seeking further growth within
Europe, particularly within the discount sector. |
|
Tesco |
01/06/2006 |
Tesco
continues to grow across the board, being marked as arguably the
most dynamic retailers in the world currently. Markets in Asia and
Eastern Europe are showing good growth, and it is finally taking the
plunge into the US market. |
|
United Co-op |
01/01/2006 |
A
successful period for United Co-operative, as the rapid expansion of
its retail estate has seen it establish itself as a leading player
in the neighbourhood stores market. |
|
Walgreen |
01/12/2006 |
Walgreens
has shifted from a diversified retailer to a core drugstore and
pharmacy format which aims to take advantage of the growth in
prescriptions for the aging US population. |
|
Wal-Mart |
01/09/2006 |
Wal-Mart
is attempting to reinvent itself to appeal to a wider customer base,
whilst also growing its storecount in the US and overseas. |
|
WH Smith |
01/01/2006 |
A better
year for WH Smith, during which the retailer's focus on productivity
enabled it to move back into the black. |
|
Woolworths Ltd. (Aus) |
01/04/2006 |
Leading
Australian retailer Woolworths has pleased analysts with strong
first-half results and is expanding its portfolio through hotel and
liquor acquisitions and a market entry into New Zealand |
|
Woolworths Group (UK) |
01/11/2006 |
Woolworths has experienced tough times with profits and sales
tumbling, as consumers drift towards more focused and dominant
retailers. |