Retail giant Ahold has bought a local Rhode Island supermarket, Eastside Marketplace. It is geared toward the higher echelons of the market and specializes in biological and fresh products. It will keep its own name despite the purchase.
Dutch web shop Coolblue has managed a 55 % turnover growth in the first half of 2014, which prompted founder Pieter Zwart to increase the full-year turnover forecast from 300 to 350 million euro.
Today French retailer Carrefour has opened its first Belgian stand-alone pick-up point in Waterloo, near the iconic Lion. RetailDetail was invited to check how such a stand-alone point works, and differs from one next to a supermarket.
Maxeda is considering selling off its shopping chains. The company that owns Praxis, Brico, Plan-it and Formido wants to appoint JP Morgan and Citi to consider "all of its strategic options".
Today RetailDetail has presented The Loop in Antwerp, a knowledge centre that wants to teach professionals about the stores of the future and the 'customer journey' of both now and the future, across all the possible channels.
Cosmetics chain Inglot will open its very first Belgian store in Antwerp next week, alongside the relaunch of its Dutch web shop after it went bankrupt last year.
Spanish fashion group Inditex has realized a 5% turnover increase last fiscal year, to 16.72 billion euro. Lower gross margins however meant net profit only rose 1 % to 2.38 billion euro, mostly because Zara was under tremendous pressure.
The coolest corporate sporting festival on the planet, held in Mechelen (halfway between Antwerp and Brussels).
American online warehouse Fab.com will open a pop-up store in Antwerp, to get rid of excess supplies. The temporary store will be housed in a 'start-up incubator' just off of the main shopping street Meir.
British-Dutch Unilever will continue its rationalization as it seeks to reduce its product references by another 30 %. On top of that, more than 800 marketing jobs will be cut in an attempt to save an additional 500 million euro.
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