Hello and good day!
Alibaba has beaten the analysts' pessimistic expectations by delivering revenue growth for the first quarter yesterday. Lidl appears anxious in the advent of its US debut. German Retail Blog summarises the activities of the German discounter on the other side of the Atlantic and interviews PMLA boss Brian Sharoff. Enjoy the read.
Asia & Australia
Top retailers will meet at C-star
C-star is the official satellite event of EuroShop, the world's largest retail trade fair, and will take place on May 13-15 2015 in Shanghai. At C-star you will see the latest retail trends and developments geared to the needs of the Chinese market. With a comprehensive supporting program, C-star will be the perfect place to conduct business and expand your knowledge.
Come and join us at C-star!
Tesco gets new finance chief Bruce Marsh, a Kingfisher executive, will fill a crucial role as Tesco's new UK finance director. Ken Hanna and Stuart Chambers, head of audit committee and former Pilkington chief, are going to step down next month as Tesco's board shakeup continues.
usa & Canada
Lidl changes US management In an unexpected move, the German discount giant has announced that two senior execs are leaving the US subsidiary. The duo is succeeded by Ireland CEO Brendan Proctor and Gareth Reed. German Retail Blog reports.
Brian Sharoff talks retail brands The President of the Private Label Manufacturers Association (PLMA), Brian Sharoff, explains the growth of the organisation and a lot more in an exclusive interview with German Retail Blog