FRANCE: ITM'S RESULTS AND GOALS

Article Abstract:

Intermarche made a turnover of FFr 154bn in France in 1998 compared with FFr 147.3bn in 1997. The group's turnover comes to FFr 230bn with the addition of the Spar chain. With all retail chains and countries combined, ITM has 3,138 stores (1998 data) including 1,855 Intermarche stores, 419 Bricomarche stores, 358 Ecomarche stores, and 136 Stationmarche stores. In France, ITM expects to open 95 new units in 1999,all retail chains combined. The group opened and took over about ten new stores, and enlarged fifty, giving it an additional 130,000 square metres of sales space.

Hypermarkets, Warehouse Clubs and Superstores, Superstores, IMG, Intermarche S.A.

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Hyparlo veut tre un partenaire actif

Article Abstract:

Hyparlo, the French retail company based in Lyon, made a pre-tax consolidated turnover of FFr 4.7bn in 1997. It is going to renovate and ultimately enlarge 11 franchised Continent stores, which will enable to meet the performance ratios of the best Continent stores. Hyparlo also has plans for Italy where it is building a store of about 7,000 square metres of sales space, and another is to be built in 2001. Hyparlo intends to take up opportunities for acquisitions in France.

Comment:

French retail company based in Lyon makes a pre-tax consolidated turnover of FFr 4.7 bil in 1997

Hyparlo S.A., Article

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POLAND/BELGIUM: GO SPORT PLANS OPENINGS

Article Abstract:

In 1999 Go Sport plans to open 2 retail outlets in Belgium, increasing the total to 9 in the country. In Poland it will open 3 stores (two in Warsaw, one in Wroclaw) based in Geant shopping centres. However, the CEO of the emphasises that there has been no formal agreement between Casino hypermarkets and Go Sport.

New capacity, new plant construction, Foreign operations, Poland, Belgium, Sporting Goods, Bicycle Stores, Sporting Goods Stores, Bicycle stores, Go Sport S.A.

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