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TURKEY: Financial charges push Migros Ticaret into red

14 March 2014

Turkish retailer Migros Ticaret booked an increase in sales and EBITDA for last year but financial expenses hit its bottom line.

TURKEY: Tesco in talks over Turkish arm

24 February 2014

Tesco Kipa, the Turkish unit of the UK retailer, has today (24 February) confirmed its parent is in talks over possible options for the future of the business.

TURKEY: Mixed results from retailer Migros Ticaret

12 November 2013

Turkish retailer Migros Ticaret run up a net loss of TRY306.6m for the first nine months of 2013 - but pointed to higher EBITDA, sales and market share.

TURKEY: Migros Ticaret H1 earnings climb

27 August 2013

Turkish retailer Migros Ticaret saw its earnings climb in the first half and said it is on target to deliver double-digit sales growth for the full year.

TURKEY: BC Partners mulls options on Migros Ticaret stake

4 July 2013

UK private-equity firm BC Partners has hired JPMorgan and Bank of America for advice on its options for it stake in Turkish retailer Migros Ticaret.

TURKEY: Migros Ticaret books "strong" Q1

17 May 2013

Turkish retailer Migros Ticaret said it booked a "strong" performance in the first quarter, with "healthy" growth coming from same-store sales and expansion.

TURKEY: Migros Ticaret delivers "solid" FY

5 April 2013

Turkish retailer Migros Ticaret said it delivered a "solid" performance in 2012, emphasising that it remains focused on growing its core supermarket business.

The just-food review of 2012: International food retail highs and lows

18 December 2012

Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the channel from the world's food retailers. However, the year was not just about expansion. Some of the world's largest grocers have scaled back overseas, with the trend towards internalisation slowing. Michelle Russell takes a look at the highs and lows for international retailers in 2012.

TURKEY: Migros plays down Wal-Mart takeover talk reports

14 December 2012

Turkish retailer Migros Ticaret has moved to play down reports US retail giant Wal-Mart is in talks to buy the group from UK private-equity firm BC Partners.

TURKEY: Wal-Mart "in talks to buy Migros Ticaret"

13 December 2012

Wal-Mart Stores is reportedly in talks to buy Turkish retailer Migros Ticaret from UK private-equity firm BC Partners.

TURKEY: Makro Market buys stake in Uyum Foods

4 December 2012

Dutch supermarket operator Makro Market has acquired a stake in Turkey retailer Uyum Foods.

MALAYSIA: Carrefour sells Malaysian operations to Aeon

31 October 2012

French retail giant Carrefour has sold its Malaysian operations to Japanese giant Aeon.

MALAYSIA: Carrefour tight-lipped over Malaysia "sale talks"

26 October 2012

French retail giant Carrefour has declined to comment on reports it is in talks to sell its Malaysian operations to Japanese giant Aeon.

TURKEY: Carrefour "in Migros talks over local venture"

1 October 2012

Carrefour is reportedly in talks to combine its venture in Turkey with local rival Migros Ticaret.

TURKEY: Migros Ticaret records H1 profit increase

30 August 2012

Turkish retailer Migros Ticaret has booked an increase in first-half profits after "strong" same-store sales.

TURKEY: Retailer Migros Ticaret upbeat despite FY loss

13 April 2012

Migros Ticaret's decision to focus on specific channels boosted its core earnings in 2011, the Turkish retailer has insisted, despite the company reporting losses of TRY163.2m (US$91m).

TURKEY: "Seven bids" for discount retailer A101

18 August 2011

Turkish discount retailer A101 has reportedly attracted seven bids in the first round of an auction.

TURKEY: Ulker buys Sok discount supermarket chain

13 June 2011

Turkey's Yildiz Holding, parent company of Turkish confectionery and processed food giant Ulker, has paid TRY600m (US$381.7m) Migros a 99.6% stake in Migros' Sok discount supermarkets.

TURKEY: Costs push Migros Ticaret into red

16 May 2011

Rising marketing, distribution and finance costs have hit the bottom line of Turkeish retailer Migros Ticaret in the first quarter of the year.

TURKEY: Migros Ticaret shareholder to sell stake

7 April 2011

The largest shareholder in Turkish retailer Migros Ticaret has revealed plans to sell part of its stake in the company.

RUSSIA: X5 shareholder denies merger speculation

7 April 2011

X5 Retail Group's largest shareholder, Alfa-Group has today (7 April) described speculation that it is looking to merge Russia's largest grocer with an international retailer as being "unfounded".

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