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Supermarkets Billa see turnover grow to CZK 18bn in 2008

(23.2.2009)
Billa CR, a company running 174 supermarkets with the same name in the Czech Republic, saw its turnover rise by Kc7bn to a record Kc18bn last year, CEO Jaroslaw Szczypka told journalists on Thursday. Szczypka expects Billa's turnover to increase ...   více
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Luxury retailers' sales, profit up in ČR in 2007

(1.8.2008)
Prague, July 31 (CTK) - Shops selling luxury goods have been doing well in the Czech Republic, their sales and profits rising thanks to growing demand, CTK has learned. Czechs are more frequent customers owing to their rising incomes and the firming ...   více
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Delvita ends 2007 with CZK 850m loss in ČR

(26.6.2008)
The firm Delvita, which sold its 97 supermarkets to retail chain Billa in June 2007, had a Kc850m loss last year, and losses accumulated in the previous years were worth Kc2.812bn, according to a contract on the takeover of Delvita's assets. The ...   více
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Czech shopping mall boom looks set to continue

(9.6.2008)
The Czech Republic has seen a massive increase in the number of shopping malls in recent years, with around 60 of them dotted around the country. Rare a decade ago, large shopping centres are now part of the everyday lives of millions of Czechs. And ...   více
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Retail chains' spending on ads tops CZK 2.5bn in 2007

(26.5.2008)
Czech retail chains invested more than Kc2.5bn in advertising in 2007, with major part of their gross ads spending going into TV commercials and ads in the press, data by company TNS Media Intelligence have shown. Retail chains made up around 5 ...   více
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Biggest chemist's chains reach record sales in ČR in 2007

(22.5.2008)
Sales of the largest four chemist chains rose by Kc1.5bn on the year to a record Kc11.9bn in the Czech Republic last year, according to a ranking list compiled by Incoma Research and the Moderni obchod magazine. Chemist chains become increasingl ...   více
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Lidl Bosses Deny Knowledge of Employee Surveillance

(21.4.2008)
The German discount supermarket chain Lidl was recently caught spying on its workers. Now top bosses from the firm say they were as surprised as anyone else -- but explain that surveillance has to continue. Getty Images Lidl's image has suffere ...   více
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Lidl cuts loss in ČR in 2006/2007

(14.4.2008)
The Lidl CR discount chain sustained a Kc43m loss in the Czech Republic in the business year 2006/2007 ending in February, a drop from Kc880m loss in the business year 2005/2006, CTK learnt from Lidl's financial statement Tuesday. Sales increased by ...   více
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Survey: Hypermarket expansion slows down in 2007

(6.4.2008)
Hypermarket numbers in the Czech Republic rose by 16 year-on-year to 231 stores at the beginning of this year, a slowdown that experts attribute to the fact that all large towns are already saturated and retail chains are looking for localities in sm ...   více
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Entrance of Aldi may lead to cheaper food in Hungary

(25.2.2008)
There will soon be another place to buy cheap staples in Hungary, with the entrance of German discount grocer Aldi onto the Hungarian market. Meanwhile, according to business daily Napi Gazdaság, analysts predict that the arrival of Aldi will lead to ...   více
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Retail Summit 2008 will focus on the hottest topics of global retail market

(16.1.2008)
The global retail market has been facing radical shifts resulting in evident changes in priorities of retail companies’ managers. This was a/o proved by the study „Top of Mind“, that was realized in the end of last year by the association CIES, joining the key retailers and FMCG suppliers (www.ciesnet.com).   více
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