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21 Dec 2009 — Super de Boer Sale to Jumbo Completed
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Super de Boer’s sale to Jumbo Group Holding has been completed on 18 December 2009, upon approval of the Dutch Competition Authority (NMa) and Super de Boer’s shareholders. - Super de Boer is in liquidation from 18 December 2009 in the name of SdB N.V. and trading in the shares will be suspended from 22 December 2009.
- EUR 4.82 per share will be distributed to the shareholders of Super de Boer on 28 December 2009.
- Super de Boer’s Extraordinary General Meeting of Shareholders (EGM) held on 8 December 2009 resolved to terminate the listing on Euronext Amsterdam as soon as possible.
- The retailer’s last trading date will be 18 January 2010 as Euronext Amsterdam has agreed to terminate the listing on that date, whereof shares will be terminated permanently.
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18 Dec 2009 — Walmart Latin America Gets Solorzano as CEO
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Eduardo Solorzano, current President and CEO of Walmart de Mexico, has been promoted to President and CEO of Walmart Latin America effective January 18 2010. Solorzano takes over from Vicente Trius, who left the company in November. In addition, Scot Rank has been promoted to President and CEO of Walmart de Mexico, replacing Solorzano effective January 18 2010. Previously, Rank served as EVP and Chief Operating Officer of Walmex.
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Ahold
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18 Dec 2009 —
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Ahold Expands in Virginia with Ukrop’s Acquisition
Giant-Carlisle, a division of Ahold USA, has entered into an agreement with Virginia based Ukrop’s Super Markets, to acquire 25 stores. The deal valued at approximately USD 140 million, will include Ahold taking over the inventory, equipment, and lease agreements of the 25 stores along with one new store location. As per the terms, Giant Carlisle will retain the existing Ukrop's store associates. The deal subject to approvals is expected to conclude during the first quarter of 2010.
Giant-PA currently consists of 150 stores across Maryland, Pennsylvania, Virginia, and West Virginia.
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Kesa
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21 Dec 2009 —
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Kesa to Rebanner Menaje del Hogar to Darty
Kesa plans to reduce the Menaje del Hogar total store network to 49 outlets and rebanner stores to Darty, starting from January 2010. - It has already closed 14 stores in 2009 and plans to close another four in January 2010.
- Under the restructuring programme at Menaje del Hogar, 29 stores have been relayed with improved product ranges and better in-store merchandising.
- Kesa acquired Menaje del Hogar, which has 54 stores in Spain and eight in Portugal in September 2007.
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Mercadona
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23 Dec 2009 —
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Mercadona to Expand in Catalonia, Spain
In Spain, Mercadona will invest EUR300 million in the construction of a new automated warehouse in Abrera (Barcelona).
- The work will start during 2010 and is expected to be completed in 2014.
- The facility will have capacity for 75,000 pallets of goods and will be able to supply up to 250 outlets.
- The opening of the new logistics center is part of the expansion strategy of Mercadona and total investment of EUR 700 million in Catalonia during the next five years.
- The chain now has 146 outlets in Catalonia and a market share exceeding 10%.
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Tesco
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21 Dec 2009 —
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Tesco Launches Phone Shop Website
In the UK, all of Tesco Telecom's products and services have been brought together on the new consumer website, www.tesco.com/phoneshop. Lance Batchelor, Chief Executive Officer of Tesco Telecoms and Tesco Mobile said, "Our new website means you can find everything - mobile phones, mobile broadband, home phone, and our own mobile network Tesco Mobile under one roof. You can research our product range and buy online."
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Walmart International
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21 Dec 2009 —
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Walmart to Increase Brazilian Investment by 40% in 2010
Walmart Brazil has stated that it plans to boost investment by 40% in 2010. Walmart says it will invest BRL 2.0-2.2 billion (roughly USD 1.1 billion) into the country in 2010. The company claims that this will translate into roughly 100 stores next year.
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Americas Calendar [PDF]
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EMEA Calendar [PDF]
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Executive Forum
Tampa, FL, USA | January 14
Agenda [PDF]
Year-End Forum Special Session
Los Angeles, CA, USA | January 20
Agenda [PDF]
European Retail Outlook
London, UK | January 26
Agenda [PDF]
Test Event for TrainingClassList
Cambridge, MA, USA | February 1-2
Test
Cambridge | February 1-2
Retail Forum - France
Paris, France | February 2
Agenda [PDF]
Chain Drug SuperSession
Orlando, FL, USA | February 23-25
Agenda [PDF]
Latin American Retailing Forum
Miami, FL, USA | March 2-3
Agenda [PDF]
Auchan Global Workshop
Lille, France | March 9
Carrefour G4 Workshop
Paris, France | March 11
Kroger SuperSession
Cincinnati, OH, USA | March 16-18
Agenda [PDF]
Metro CEE Workshop
Warsaw, Poland | March 23
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