Czech Republic: latest retail news, insights and analysis | ESM Magazine

Kofola Group Sees 7% Revenue Growth In First Quarter

Czech beverage company Kofola Group has reported a 7.6% growth in revenue, to CZK 1.29 billion (€50.0 million), in the first quarter of its financial...

Germany's Globus Sees Marginal Increase In Turnover In First Half

German hypermarket operator Globus Gruppe has posted a marginal (0.1%) increase in turnover in the first half of its financial year, to €3.89 billion....

Tesco CEO: Central Europe Business 'Back To Profitability' Following Store Closures

The chief executive of Tesco, Dave Lewis, has said that the group's decision to close stores across several Central European markets, as well as streamline...

Rémy Cointreau Disposes Of Distribution Arms In Czech Republic, Slovakia

Drinks firm Rémy Cointreau has announced the disposal of its distribution subsidiaries in the Czech Republic and Slovakia to Jägermeister. U...

Czech Beverage Group KMV Sees Sales Rise 6% Year-On-Year

Czech beverage group Karlovarské Minerální Vody (KMV) has posted a 6% increase in sales last year, to a total of CZK 8.8 billion (&eur...

Stock Spirits Top Shareholder Calls For Removal Of Chairman

Vodka maker Stock Spirits Group Plc's largest shareholder on Monday called for the removal of its chairman, David Maloney, and senior independent director,...

Czech Investor Readies Financing For Possible Metro Bid: Sources

Czech investor Daniel Kretinsky is preparing a potential bid for Metro, people close the matter said. Global Commerce (EPGC), a vehicle co-owned by Kret...

Billa Czech Republic To Cease Sale Of Plastic Bags At End 2018

Billa Czech Republic has announced that it will cease the sale of plastic bags at the end of 2018, replacing them with recycled paper bags and degradable p...