RetailNow

Showing 151 – 156 of 156

Femsa completes acquisition of Ecuadorian drugstore operator

Monday, May 6, 2019

Oxxo-owner, Femsa has stated on 30 April 2019 that its pharmacy subsidiary Socofar has completed the acquisition of Corporación GPF in Ecuador. The acquisition of GPF marks an important strategic initiative by FEMSA to enter the Ecuadorian ...more

Yonghui reports 20.35% revenue growth in FY2018

Monday, May 6, 2019

In its FY2018, Chinese big-box major Yonghui Superstore posted total revenue of CNY70.52 billion (USD10.4 billion), a gain of 20.35%. Net profit fell by 18.52% to CNY1.48 billion (USD0.2 billion), which was mainly due to increased operating ...more

IKEA names new country retail manager for UK & Ireland

Monday, May 6, 2019

IKEA has named Peter Jelkeby as its new Country Retail Manager with responsibility for the UK and Ireland.  Peter Jelkeby takes over from Javier Quiñones, who joins IKEA USA as Country Retail Manager. Peter has worked with IKEA in Sweden, Russia, ...more

Dunkin’ Brands reports revenue growth of 5.9% in Q1 2019

Monday, May 6, 2019

Dunkin’ Brands, the parent company of Dunkin' and Baskin-Robbins (BR) reported results for the first quarter of 2019 ended 30 March 2019. Total revenue increased by 5.9% to USD319.1 million. Dunkin' US comparable store sales grew by 2.4% while ...more

Poundland plans aggressive UK expansion of its Pep&Co clothing brand

Monday, May 6, 2019

UK value retailer Poundland will bring its Pep&Co clothing brand to an additional 500 outlets, bringing the total number of stores stocking the lines to approximately 850. The brand debuted in Poundland and Dealz Ireland outlets last year and is ...more

Ascena Retail Group announces senior management changes

Monday, May 6, 2019

Ascena Retail Group has announced changes in its senior management structure. David Jaffe is to retire from his role as Chairman and CEO. He will remain on the Board of Directors. Gary Muto, currently President and Chief Executive Officer of ...more

Showing 151 – 156 of 156