Archive for ‘January, 2009’

24 results.
Jan24

Russia’s largest retailer X5 Retail Group, reported rise in sales in 2008.

by retailnu on January 24th, 2009 at 7:03 am
Posted In: Chain Stores, Convenience Store, Discount Stores

Some of Russia’s largest grocery retailers have so far, despite the deteriorating financial situation in Russia, proved resilient to the downturn, reporting buoyant sales growth in 2008. X5 Retail Group, Russia’s largest retailer in terms of turnover, reported a massive 53% rise in sales in 2008. X5′s incredible sales growth, came on the back another […] ↓ Read the rest of this entry…

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Jan27

McDonald’s Stimulus Plan to expand greatly in 2009 in Europe

by retailnu on January 27th, 2009 at 1:01 pm
Posted In: Chain Stores, News & Articles, Retail Management

McDonalds Corp, in contrast with struggling competitors and the overall retail market, plans to expand greatly in 2009 in Europe, a senior executive said on Friday. Many restaurant and retail chains struggled in 2008, closing stores amidst the global economic downturn. On Monday, McDonald’s confirmed earlier press reports that it will spend about $1.1 billion […] ↓ Read the rest of this entry…

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Jan28

UK retailer Morrisons inks deal with Wipro

by retailnu on January 28th, 2009 at 8:12 am
Posted In: News & Articles, Retail Software, Retail Technology

UK’s leading food retailer Morrisons has inked a deal with Bengaluru-based IT major, Wipro Technologies to develop its existing IT systems. Wipro Retail, the specialist division of Wipro Technologies, will support to achieve the core objective of delivering effective planning, management and delivery of large scale systems and process change based on an Oracle ERP […] ↓ Read the rest of this entry…

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Jan30

Tesco to launch new online site for its own fashion brands

by retailnu on January 30th, 2009 at 2:46 pm
Posted In: Chain Stores, Marketing, Online Shopping

LONDON – Tesco is planning to launch a new clothing site with the aim of replicating the success of online fashion stores such as Asos. The supermarket currently sells it own-brand clothing through its Tesco Direct site, however this is only for a limited number of lines. The new site will only sell own-brand lines […] ↓ Read the rest of this entry…

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