Dutch supermarket group Ahold has hired Ben Wichart as new Chief Information Officer. In that brand new function he has to assist the parent company of Albert Heijn and American chains like Giant and Peapod in the deployment of its “Reshaping Retail” strategy.
The German Metro group has announced quarterly results that were better than expected. In the rest of Western Europe the parent company of Media Markt, Saturn, Metro and Makro takes a beating, but the better performances in home country Germany, especially at Media Saturn, makes up for that.
According to the Wall Street Journal Procter & Gamble is currently negotiating with its suppliers to lengthen the payment period of invoices with a maximum of thirty days. At the same time the company is talking with some banks about a system of compensation.
The transfer of Ron Johnson from computer giant Apple to American chain of department stores JCPenney has not been a success: his reign there lasted just sixteen months. His company said he did not realise any great achievements, but critics think JCPenney has decided to part ways too soon.
American specialist in reorganisations Hilco is going to keep 132 stores of the British entertainment chain HMV open. The nine locations of the music chain Fopp will also remain open, but the other 82 locations of His Master’s Voice are closing.
Since a few days famous notebook producer Moleskine is publicly traded at the exchange in Milan. At that occasion it was announced that the Italian company will be opening ten new shops this year, which would more than double the current number.
In 2012 A.S. Watson saw its sales rise by 4% to 148.626 billion Hong Kong dollar (almost 15 billion euro). The parent company of Kruidvat, ICI Paris XL and Trekpleister achieved a company profit of 10.048 billion dollar or 1 billion euro, 8% more than last year.
Registrations for the RetailDetail Congress, on 25 April 2013 in Schelle, are now open. This year's theme is “Switch or Die”, with keynote speakers such as Christian Van Thillo, Pieter Zwart, prof. Gino Van Ossel, Wouter Torfs and Peter Hinssen. There is also a special offer for the first hundred registrations.
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