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PlanetRetail News

05 Mar 2015
AUCHAN China staying the course
Auchan's Chinese joint-venture Sun Art Retail saw turnover increasing by 6.6% year on year to CNY91.85 billion (USD14.98 billion). While still satisfactory, sales growth was fuelled largely by new openings and represents a significant deceleration over the past years
05 Mar 2015
CARREFOUR France welcomes new e-commerce head
(Full Article; French language) Carrefour France has appointed Hervé Parizot as Executive Director E-commerce & Customer Data
05 Mar 2015
FUTURE RETAIL predicts strong revenue growth for the year ahead
The Wall Street Journal reports that Future Retail expects revenues to grow as much as 25% over the next year. Kishore Biyani, CEO of Future Group, the parent company of Future Retail, said in an interview: “The growth won't be driven by a big jump in spending but rather by the opening of new stores and dwindling competition as other supermarket chains close branches
05 Mar 2015
REITAN grows in challenging markets
Norwegian grocery retailer Reitangruppen has reported net sales of NOK81.64 billion (USD12.96 billion), an increase of 6.2% compared to 2013. EBITDA was slightly lower than the year before at NOK4 billion (USD635 million)
05 Mar 2015
SEPHORA launches mobile app for facial contouring
French beauty retailer Sephora has partnered with Map My Beauty, an emerging beauty start-up to launch a mobile application for facial contouring. This app will offer the customers personalised instructions on how to apply make-up