Word: hypermarket
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Dates: during 2000-2009
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...means. Château Thieuley, which her grandfather bought in the 1950s, used to sell about 30% of its output to big French retailers. Then, two years ago, it received a blunt message: Cut your prices, or we'll cut back on purchases. The Courselles refused, and their hypermarket sales dropped by half. They are now busy trying to build up a direct commercial network of their own. That means relying on a handful of merchants to sell into major markets, and doing the rest themselves. When they are not harvesting or tending their vines, Sylvie and Marie...
...1950s and which she now runs with her younger sister Sylvie, used to sell about 30% of its output to big French retailers. Then, two years ago, it received a blunt message: Cut your prices, or we'll cut back on purchases. The Courselles refused, and their hypermarket sales halved. They are now trying to build up a commercial network of their own. That means relying on a handful of merchants to sell into major markets and doing the rest themselves. When they are not harvesting or tending their vines, Sylvie, 28, and Marie, 30, are touting their wares...
...goods became illegal, unless entered into the computerized Unified State Automated Information System ( usais). The state also ordered alcohol retailers to double their authorized capital stock from $18,500 to $37,000, and raised the cost of the retail license for booze from $220 to $2,200. Major Moscow hypermarket chains were forced to put their wine stocks on sale just before the deadline, once they realized they couldn't get them relabeled on time. Wines costing $15 to $25 a bottle were going for under two bucks. Within a week after the deadline, at least 15,000 small stores...
...code of the American grocery industry. The lure--a juicy $600 billion market--is exceeded only by its peril--no other market is as cutthroat or has devoured so many players so relentlessly. Some, like J Sainsbury, bailed out after years of fruitless effort; others, like the French hypermarket chain Carrefour, lasted a nanosecond. Ahold, a Dutch company that owns the chain Stop & Shop, was bruised by an accounting scandal. Delhaize, the Belgian owner of Food Lion, holds on grimly as Wal-Mart makes chopped meat of the industry's profit margins...
...symbol of Yekaterinburg. Office and apartment blocks are springing up. There's an Egyptian-themed bowling alley, a Scottish pub where the barmen wear kilts, a chain of eight fast-food restaurants called McPeak (which McDonald's considered buying), countless sushi bars and a huge German cash-and-carry hypermarket near the airport. "It used to be hard to get credit, but now banks are lining up to lend to us," says Leonid Bazerov, who built a shopping mall in an abandoned theater in the mid-1990s and has expanded it to almost 10 times the original size...