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‘Friday Clearance’: News We Didn’t Cover, Week Ended Jan. 30, 2009

Published on January 30, 2009
Below, in random (dis)order, some recent articles from the stock of news items that Retailer Daily just didn't get to writing up this week--but it may well be worth readers' while to try some of them:Mapping and Animating Growth of Target Inc. Across United States Amazon Prime Squeezes Already Struggling Rivals Do eBay Ads Cannibalize Sales? The Power of RFM (Recency, Frequency,...
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Carrefour Growth Slows

Published on January 16, 2009
Carrefour SA, the world's No. 2 retailer, posted its lowest quarterly revenue growth since 2003, as fourth-quarter sales grew 0.7%, to 25.74 billion euros ($33.7 billion) from 25.6 billion euros a year earlier, Bloomberg reports.Q4 sales were slightly lower than analysts' estimate of 26 billion euros. The Paris-based retailer reduced sales and profit forecast twice in the fiscal year as...
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Wal-Mart’s Entry into Russia another Step Closer

Published on December 29, 2008
The latest move by Wal-Mart Stores Inc. indicating its imminent entry into Russia was announce by the Russian retail association, which said the World's largest retailer had joined the industry group, Reuters reports.Other members are French giants Carrefour and Auchan, Germany's Metro AG, and Russia's largest food retailers X5 Retail Group and Magnit. Wal-Mart is reportedly in...
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Carrefour Gives CEO the Boot

Published on November 18, 2008
French retail giant Carrefour will appoint Swede Lars Olofsson, a former top manager at Switzerland's Nestle SA, as CEO of the company, effective Jan. 1, ousting current CEO Jose Luis Duran.The change was a long time coming, writes the Globe and Mail. Last year, a consortium controlled by French billionaire Bernard Arnaults and US private-equity firm Colony Capital took a 9.1% stake in...
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Carrefour Still Doing Just Fine

Published on September 02, 2008
Carrefour is on track to meet its full-year targets, posting a moderate increase in net profits for the first half of 2008, writes MarketWatch.The change was a long time coming, writes the Globe and Mail. Last year, a consortium controlled by French billionaire Bernard Arnault and US private-equity firm Colony Capital took a 9.1% stake in Carrefour and urged the company to unlock the...
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