Selfridges, owned by the very wealthy Weston family, is said to be on sale for a price the equivalent to 4.66 billion euros. After a potential buyer approached the British department store group, several British media reported on the story. 

The British competition watchdog is about to launch an investigation into Amazon. Meanwhile, the European Union is threatening the e-commerce giant with a hefty fine.

Emmanuel Faber, who has been CEO of Danone until mid-March, is lashing out: he has been dismissed by activist shareholders, who he claims have compromised the board of directors. The board is in need of reform.

A year later than planned, the first Harry Potter store, located in the heart of New York, has opened its doors. The first pictures look - well - magical. 

Maison365, a company selling clothing boxes based on personal style advice in the Netherlands and Flanders, is growing fast. CEO Maarten Valk now wants to conquer the rest of Belgium as well as Germany.

Phenix, the direct competitor of the Danish Too Good to Go, is coming to Belgium. The French company is starting in Brussels but gradually wants to cover the rest of the country as well.

Dutch department store chain De Bijenkorf has seen its sales drop dramatically last year due to compulsory store closures. Its online shops performed excellently, but could not fully compensate for the losses.

LVMH has announced a new partnership with Canopy, an NGO dedicated to forest conservation and the transformation of unsustainable forest product chains. The French luxury group is not only concerned about the environment, but will also set up an emergency fund for its employees.

Walmart is rolling out a new staff app to simplify certain daily tasks and to improve service. All 740,000 store employees will receive a new Samsung smartphone for free before the end of the year.

Inditex, the parent company of Zara and Bershka, among others, sold a billion euros less than pre-corona this spring. Yet there is a clear recovery, especially now that measures are easing.

A new study confirms Colruyt as the cheapest supermarket chain in Belgium. Albert Heijn is a close second, the others are miles behind.

Colruyt remains the cheapest supermarket in Belgium. The duel against Albert Heijn causes prices to drop further in Flanders. Carrefour opts for a remarkable multi-track policy in its price strategy.

After months of being forced to remain closed due to Covid, Belgian restaurant chain Lunch Garden prepares to reopen on 9 June. Customers can expect to encounter unchanged prices, the classics on the menu, and an expanded vegetarian range.

The forced store closures as a consequence of the Covid crisis did not spare Zeeman. The turnover of the textile discounter fell by 3.5 per cent last year.

Last weekend, finance ministers from the G7, the leading industrialised countries, reached a "historic agreement" on a minimum tax rate for multinationals. However, a loophole in the agreement could allow Amazon to avoid the tax after all.

A public rooftop garden, 250 trees, 1,450 sq m of solar panels and parking spaces for over 760 bicycles: these are the most striking features of the new, innovative Ikea city store opening in 2023 in the centre of Copenhagen.

Supermarket groups Tesco and Carrefour will end their buying alliance after three years. According to the British retailer, Brexit did not influence the decision to end the partnership.

Groupe Casino and Amazon are expanding their partnership. Following in the footsteps of Monoprix, the supermarket and hypermarket chain is opening a store on the French premises of the American e-commerce giant. Customers will be able to pick up their click-and-collect orders.

Was corona the tipping point for fast fashion? That was the central theme of the RetailDetail Fashion Congress, which took place on March 25th with Peter De Sutter (e5 Mode), Dwayne Branch (Deloitte Belgium), Dirk Smet (WASTED Atelier) and Laurent Mainil (Crunch Analytics). RetailDetail subscribers can rewatch the recording here.

Despite the drastic impact of the Covid pandemic on the retail industry, Apple has said it will continue to expand the number of physical retail outlets.

With Hubside.Store, a new, ambitious player appears on the 'refurbished' multimedia market. The French retailer is opening 20 Belgian stores this year and is also growing rapidly elsewhere in Europe. The approach? Sustainable consumption.

There is a structural shortage of beer bottles on the European market. The scarcity that already existed before the Covid crisis only became worse last year as brewers switched en masse from barrels destined for the hospitality industry to bottles for supermarkets.

China has banned products from several Western companies, including Nike, Gap and H&M because they are allegedly unsafe. The companies in question recently expressed critical viewpoints on the fate of the Uighur population in Xinjiang and reports of forced labour.

Can bananas at 99 euro cents a kilo be sustainable? If you ask Chiquita, the short answer is "no". In Belgium, the brand is now putting its first carbon neutral banana on the shelves - a world first.

According to the Food and Agriculture Organisation of the United Nations (FAO), food prices rose in May for the twelfth consecutive month. They have reached their highest level since September 2011.

Despite the effects of the Covid-19 crisis, Fairtrade Belgium has performed well in 2020 and even beat an important record.

The fact that plant-based dairy and meat substitutes are adopting the terminology and imagery of animal products is necessary to increase penetration. In time, new categories will emerge with their own codes. "They must not ruin it now."

British cosmetics chain The Body Shop aims to have all its products certified by The Vegan Society by the end of 2023. Today, around 60 % of the retailer's products are already vegan.

Twelve years from now, Italian coffee brand Illy will be celebrating its centenary, and it wants to do so by gaining the fully climate-neutral status. Because they can, but also because they have to.

Online marketplace Etsy, which specialises in vintage and homemade stuff, is taking over second-hand fashion platform Depop. With this deal, the creative marketplace hopes to reach a younger audience.