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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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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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Entrance of Aldi may lead to cheaper food in Hungary

(18.2.2008)
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 chains consolidate market positions in 2007

(3.2.2008)
Large retail chains on the Czech market further consolidated their positions in 2007, and the 200 biggest firms generated sales worth a record Kc516bn between Oct 2006 and Sept 2007, according to Czech Statistical Office data published by the Czech C ...   více
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Top 10 retail chains post record sales in 2007

(28.1.2008)
The ten largest retail chains in the Czech Republic saw their sales rise by Kc31.3bn on the year to a record Kc289.1bn last year, according to preliminary results published Wednesday by the Incoma Research company and the Moderni obchod magazine. ...   více
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