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Retail Industry

Estonia: Stable Growth in Retail Sales

According to Statistics Estonia, in January 2013 compared to January of the previous year, the retail sales of goods of retail trade enterprises increased 4% at constant prices.

March 4, 2013

Latvia: Retail Trade Turnover Grows Moderately

Last month, the turnover in the Latvian retail trade industry was up by 1.2%. Compared to January 2012, the turnover was up by 5.2%.

March 2, 2013

Romania: Moderate Growth in Manufacturing and Construction Industry

Trends in the evolution of economic activity during: February - April 2013.

March 1, 2013

Hungary: Significant Drop in Retail Sales

Sales are falling particularly in food, drinks, tobacco, petrol, books and computer equipment.

March 1, 2013

Poland: Economy Seems to Recover Again

Marek Belka, head of NBP, assumes that the worst part for Poland’s economy might be over.

February 26, 2013

Hungary: Further Decline in Volume of Sales in Retail Trade

The volume of retail sales decreased by 2.1% in December and by 1.9% in the whole year compared with the previous period.

February 25, 2013

Austria: Economic Sentiment on the Rise

The Austrian Institute of Economic Research (WIFO) underlines that the economic slowdown comes to a standstill.

February 8, 2013

Baltic Countries: Strong Increase in Retail Trade

In the EU, the volume of retail trade was down by 0.6%. In Austria, turnover in the retail trade sector is decreasing in real terms.

February 5, 2013

Czech Republic: Retail Trade Shrinks

For the entire year 2012, sales in retail trade including the automotive segment decreased at constant prices by 1.1%, y-o-y.

February 5, 2013

Hungary: Retail Trade Shrinks Significantly

The volume of sales in retail trade decreased by 4.1% in November.

January 25, 2013

Czech Republic: Retail Trade Sector Declines

In November, sales in retail trade including the automotive segment after seasonal adjustment decreased by 0.6% at constant prices, month-on-month, and working days adjusted by 3.5%, y-o-y.

January 11, 2013

Retail Trade: Sharp Decrease in Slovenia and Bulgaria

Volume of retail trade up by 0.1% in euro area in November 2012 compared with October 2012.

January 8, 2013

Serbian Industrial and Trade Sector Under Pressure

Retail trade is shrinking drastically, the manufacturing sector stagnates. GDP fell by 2.5% compared to autumn 2011.

December 29, 2012

Retail Trade: Highest Increase In Baltic Countries

Volume of retail trade was down by 1.2% in the euro area.

December 5, 2012

Slovakia: Turnover in Internal Trade Decreasing

In October, the Slovak retail trade sector shrank by 1.8%. The wholesale sector still expands.

December 5, 2012

Czech Republic: Retail Industry Shrinks

In October, sales in retail trade including automotive segment after seasonal adjustment decreased by 1.5% at constant prices, month-on-month, and working days adjusted by 3.0%, y-o-y.

December 5, 2012

Serbia: Manufacturing and Retail Industry Terminate Recession

As per seasonally adjusted data GDP grew in Q2/12 by 2.1% qoq after falling by 1.9% qoq in Q1/12, finally moving into the positive territory after declining four quarters in a row.

November 29, 2012

Hungary: Retail Trade Sector Shrinks

Due to the declining real income, sales in the retail trade industry fell by 3.9% compared to 2011.

November 26, 2012

Slovakia: Internal Trade Growing Moderately

The Slovakian retail trade sector is shrinking. The wholesale turnover was up by 2.2%

November 7, 2012

Rewe Austria to Expand in Russia

Rewe Austria intends to open ten new stores in Russia per year. Besides Russia, the Ukraine and Romania are main target markets.

October 22, 2012

Hungarian Retail Sector Struggling on Several Fronts

The recession in Hungary is also affecting the Hungarian retail sector. A weak labour market combined with declining purchasing power is dampening consumer spending, a development which is reflected in weak retail sales.

October 8, 2012

Serbia Expects Rising Tax Intake

In order to meet demands of IMF, the Serbian Parliament approved the revised 2012 budget. The tax intake will not solve the country´s problems, economists consider.

September 29, 2012

Spar Records Losses in Hungary

The Austrian retail chain operates 400 branches in Hungary. The economic crisis caused substantial losses.

September 13, 2012

Drastic Concentration in Austrian Retail Industry

Retail trade chains are dominating the Austrian retail trade market. Small suppliers are being forced out of the market.

August 4, 2012

Stable Retail Trade in Austria

In June 2012, the Volume of retail trade up by 0.1% in euro area was down by 0.3% in EU27.

August 3, 2012

„Dayli“: Up to 20% Yield

With the acquisition of Schlecker Austria, the Austrian investment funds TAP 09 wants to achieve the turnaround soon.

August 2, 2012

TAP 09 Wants to Expand with Former Schlecker Branches

The Austrian investment funds, which took over Schlecker Austria this week, wants to enlarge the number of branches substantially.

August 1, 2012

Bankruptcy Prevented: Schlecker Austria Becomes „daily“

The Austrian investment funds TAP 09 acquires the financially stricken chemist chain. Schlecker Austria should become a local grocer.

July 31, 2012

Schlecker Austria to be Rescued?

The Austrian subsidiary of the bankrupt German chemist chain and its subsidiaries in Poland, Italy, Belgium and Luxembourg may be continued.

July 30, 2012

Austrian Retail Industry: Concentration Goes On

In the first quarter of 2012, 38% of all retail trade branches were operated by retail chains.

July 26, 2012

Schlecker´s Financial Situation Becomes Critical

Schlecker Austria, the subsidiary of the insolvent German chemist chain, is becoming more and more problematic. The liquidity is said to be used up in a few days.

July 25, 2012

MTH Takes Over Schlecker´ Subsidiary

MTH, the investment company of the Austrian industrialist Josef Taus acquires 109 branches of IhrPlatz, a subsidiary of the insolvent German chemist chain.

July 20, 2012

U.S. Zumiez Acquires Austrian Action Sports Retailer

Blue Tomato Sold for € 60m. Zumiez Inc. Acquires Leading Austrian Action Sports Retailer

July 18, 2012

Schlecker Austria: Time Pressure Grows

The potential buyers of Schlecker Austria are still highly skeptical. Until August, a decision must be taken.

July 18, 2012

Schlecker Austria Sees High Probability of Takeover

The insolvency manager of the German chemist chain Schlecker sees a favorized potential buyer for Schlecker Austria.

July 9, 2012

„Good Prospects“ For Schlecker Austria

The insolvency manager of the bankrupt German chemist chain views „promising talks with potential investors“.

June 30, 2012

Dismal Prospects for Schlecker Austria

An insolvency of Schlecker Austria seems likely. A sale to MTH is still uncertain.

June 25, 2012

Schlecker Austria Threatened by Insolvency

The Austrian subsidiary of the insolvent German chemist chain must find a buyer in order to prevent its own bankruptcy.

June 19, 2012

Leitl Underlines Good Relations with Hungary

At the visit of Hungary´s Viktor Orban, the President of the Austrian Chamber of Commerce (WKO) stresses the long-term commitment of Austrian enterprises in Hungary and claims legal security in return.

June 14, 2012

Orban Defends Hungarian Economic Policy

The Hungarian Prime Minister Viktor Orban met Austrian policymakers in Vienna. The Hungarian bank tax should be replaced by a financial transaction tax.

June 13, 2012

MTH Group Considers Taking Over Schlecker Austria

The industrial holding group MTH may acquire the Austrian subsidiary of the insolvent German Schlecker Group.

June 12, 2012

Slow Growth in First Quarter

In the first three months of 2012, the Austrian economy grew by 0.3% against the prior quarter. The outlook is very cautious.

June 9, 2012

Sharp Decrease in Austrian Retail Trade

In the Eurozone, the Volume of retail trade was down by 1.0% in euro area. The highest monthly decrease was observed in Austria.

June 6, 2012

Small Growth Rate in Austrian Service Industry

Austrian service enterprises achieved an increase of turnover by 4.0% in the first quarter 2012.

June 5, 2012

„Schlecker Austria is Solvent“

The spokesman of Schlecker Austria is optimistic to find a buyer for the Austrian subsidiary of the insolvent German chemist chain.

June 4, 2012

No Future for Schlecker

The insolvent German chemist chain will be closed. Fort he Austrian subsidiary, the search for a buyer goes on.

June 1, 2012

Schlecker Austria: Sale Seems Likely

The Austrian subsidiary of the German chemist retail chain is said to be sold.

May 30, 2012

Decent Growth in Austrian Retail Trade Sector

Sales rose by 2.3% for Austrian retail trade in the first quarter 2012.

May 4, 2012

Hervis Cooperates with Frenche Go Sport Group

The Austrian and the French sports traders establish the joint venture “Sports Trade & Marketing International”.

May 2, 2012

Pfeiffer Group Gets In Zielpunkt

The Austrian wholesale trader acquires a 24.9% stake in the retail chain Zielpunkt. The cartel authorities still must approve the deal.

May 1, 2012
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