Tesco has announced that it is acquiring South Korea’s `Homever’ chain for £958m, which incorporates the old Carrefour stores bought by E.Land in 2006. This involves 36 new stores to integrate, which are marginally profitable (but, in a built-up area such as South Korea, organic growth is more difficult so still huge value in the [...]

The recent press attention on the Best Buy/Carphone Warehouse tie up has led to a couple of insightful interviews with senior management at the US electricals chain. In today’s FT, CEO Brad Anderson gives a fascinating interview about the firm’s customer-centric approach. Read it here.
Bob Willett, the British-born Chairman of Best Buy International (and former [...]

Another day, another branding league table. This time it’s UK retailers only, with Early Learning Centre cited as one to watch.

.. or should it be the Dali clique? So surreal has been the way in which an unanticipated viral effect has spread disinformation about Carrefour’s intentions in China, leading to boycotts of and protests outside Carrefour’s Chinese stores. An interesting article in the Financial Times today tells the story. The great Firewall of China is [...]