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Hypermarkets and Super Centers

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  • *Russia, Ukraine remain promising markets for Metro. German Chancellor Angela Merkel has warned economic sanctions could follow Russia's annexation of Ukraine's Crimea region, prompting her country's main trade body to warn of "catastrophic losses" for more than 6,000 German companies which do business with Russia.

  • *Strategy informed by early career at Daimler, Permira. *Booming e-commerce shaking up retail. FRANKFURT, March 25- Technology entrepreneur, merger manager and turnaround expert, Olaf Koch believes he has enough experience of big challenges to steer Europe's fourth-biggest retailer Metro through its next one: e-commerce.

  • *Russia, Ukraine remain promising markets for Metro. German Chancellor Angela Merkel has warned economic sanctions could follow Russia's annexation of Ukraine's Crimea region, prompting her country's main trade body to warn of "catastrophic losses" for more than 6,000 German companies which do business with Russia.

  • Lidl chairman steps down over strategy differences Thursday, 20 Mar 2014 | 11:29 AM ET

    *Owned by Germany's third-richest man, Dieter Schwarz. Based in Neckarsulm in southern Germany, Lidl is owned by Germany's third-richest man, Dieter Schwarz, son of the company's founder Josef Schwarz. Klaus Gehrig took over as the chain's chief executive from Dieter Schwarz in 2004..

  • MUMBAI, March 20- Billionaire Mukesh Ambani's Reliance Retail is poised to perform a rare feat in India's notoriously complex retail market by finally turning a profit.

  • *Ukraine crisis hits Russian markets, Lenta listing. FRANKFURT, March 18- German retailer Metro AG has put on ice a plan for a stock market listing of a stake in its Russian wholesale business because of market turmoil over the crisis in Ukraine.

  • E-commerce revolution drives European retail IPO rush Thursday, 13 Mar 2014 | 10:34 AM ET

    *Germany's Zalando, France's Cdiscount still to decide on IPO. "There is definitely a degree of optimism that hasn't been seen for some time," said Kate Ball-Dodd, a partner at law firm Mayer Brown who advises companies listing in London.

  • Europe's largest retailer also said it would spend more cash this year to revive its European hypermarkets and expand further in both China and Brazil.

  • *Metro needs proceeds to grow in Russia, cut debt. DUESSELDORF/ FRANKFURT, Germany, March 3- German retailer Metro's plan for an imminent stock market listing of a stake in its Russian wholesale business is under threat because of market turmoil over the crisis in Ukraine, sources told Reuters on Monday.

  • MOSCOW, Feb 28- Russian hypermarket chain Lenta's stock market debut was clouded by political turmoil in Ukraine on Friday as investors reined in their exposure to Russian companies.

  • MOSCOW, Feb 28- Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG, on Friday set its planned London initial public offering at the lower end of a range netting around $1 billion for selling shareholders.

  • MOSCOW, Feb 28- Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG, has set a price of $10 per global depositary receipt for its planned London initial public offering- at the lower end of a range. The company said the total size of the offering is $952 million, or $1.1 billion if its over-allotment option is exercised in full.

  • MOSCOW, Feb 27- Russian hypermarket chain Lenta has narrowed guidance for its initial public offering to $10- $10.25 per global depositary receipt, two banking sources told Reuters on Thursday.

  • MOSCOW, Feb 27- Russian hypermarket chain Lenta has narrowed guidance for its initial public offering to $10- $10.25 per global depositary receipt, two banking sources told Reuters on Thursday. The previous guidance for Lenta's London IPO stood at $10- $11 per GDR.

  • Metro appoints new boss for German wholesale unit Tuesday, 25 Feb 2014 | 7:17 AM ET

    *New boss currently heads business in Czech Republic, Slovakia. BERLIN, Feb 25- Metro AG has appointed Axel Hluchy as new head of its struggling cash and carry business in Germany, bringing in an executive who has largely worked for the retailer in fast-growing eastern Europe.

  • MUMBAI/ BEIJING, Feb 21- Wal-Mart Stores Inc, famed for its low prices, has stumbled in the one major market where consumers say price is less of a driver in their buying decisions: China. Getting China right is crucial for Wal-Mart's international ambitions.

  • LONDON, Feb 18- Poundland, Europe's largest single-price discount retailer, plans a 750 million pound flotation on the London Stock Exchange, cashing in on the recession-proof allure of goods that sell for just one pound.

  • UPDATE 2-Casino confident for 2014 on emerging markets Tuesday, 18 Feb 2014 | 3:38 AM ET

    *Sees return to organic sales growth in France in 2014. PARIS, Feb 18- French retailer Casino predicted further sales and profit growth this year after expansion in Latin America and notably Brazil lifted 2013 operating profit by 18 percent.

  • MOSCOW, Feb 18- Russian children's goods retailer Detsky Mir, owned by oil-to-telecoms conglomerate Sistema, is aiming to launch its planned London initial public offering in mid-March, two banking sources said on Tuesday.

  • *Sale comes as Russia's economy slows. MOSCOW, Feb 14- Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG, has set a price range for its planned London market debut, which implies a market valuation of up to $5 billion, the company said on Friday.