RetailDetail | All retail news from Europe

Régis Degelcke new EuroCommerce president
Régis Degelcke is the new president of EuroCommerce. The chairman of Auchan will start his three-year mandate in July.
Tom&Co eyes 100 French stores
Belgian pet shop chain Tom&Co continues its expansion in France with the opening of its 25th French store in Nantes. With a new concept, the chain hopes to be able to quickly expand to 100 stores in France.
Ceconomy sells its Russian division
Ceconomy, MediaMarkt's parent company, has sold its onerous Russian division to local electronics chain M.video. The German electronics giant does not quit Russia altogether however, as it continues as shareholder of M.video.
France wants e-commerce tax
If the French government get their way, the Hexagon will soon introduce a tax on e-commerce. Products would become 1 to 2 % more expensive, depending on the distance of the last delivery.
"Shopping centres of the future will be hyperconnected microcities"
In celebration of the tenth anniversary of its London shopping centre, Westfield has released its strategy 'Destination 2028', containing delivery drones, smart toilets, sensory gardens and silent rooms for contemplation.
Toy store chain La Grande Récré pulls plug on Belgium
French toy store chain La Grande Récré has decided to focus on the French market and to close its Belgian branch, due to continuing financial difficulties. 16 stores will close, causing a job loss of 95.
Colruyt Group beats expectations
A solid holiday season allowed Belgian Colruyt Group to raise its market share and even keep its profit margins at the same level - contrary to expectations. The company also posted another online growth, meaning online is now worth 370 million euro.
Makro Belgium "in intensive care", new business plan should remedy
A more professional product range and a return to bigger packages: that is how Makro Belgium wants to return to better ways. Its CEO Vincent Nolf admits the chain is currently "in intensive care", but hopes to see improvement already next year.
Flotation Home24 latest success for Rocket Internet
German investment group Rocket Internet has brought yet another one of its ventures to the stock exchange. Following Zalando, HelloFresh and Delivery Hero, it was online furniture store Home24's turn to raise investments for growth acceleration this way.
Online supermarket Wink.be throws in the towel
The Belgian Louis Delhaize Group has decided to terminate its online supermarket Wink.be. The company was started in 2013, but never even came near reaching the break-even point.

Food

Colruyt Group beats expectations

A solid holiday season allowed Belgian Colruyt Group to raise its market share and even keep its profit margins at the same level - contrary to expectations. The company also posted another online growth, meaning online is now worth 370 million euro.

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Fashion

Belgian FNG Group wants speedy flotation in Brussels

Belgian fashion group FNG hopes it can enter the Brussels stock exchange as early as next month, in order to secure a lot of new investments for the further expansion of its Brantano chain.

  • Zalando lets your smartphone choose your gift

    Starting from October, you can literally ask your smart phone which gift it wants to pick for you. Zalando and Google are collaborating on a gift-picking chat bot for the virtual Google Assistant, which is present on all Android phones.

  • Brantano wants to become "as big as Zalando"

    While Zalando is a strong multinational player, there has to be room in Belgium for a strong local fashion web shop. Dieter Penninckx, FNG Group's CEO, thinks that his brand Brantano can claim that place.

  • Web boutique CarréCouture relaunches after bankruptcy

    Belgian luxury web shop CarréCouture has gone bankrupt after a mere year. The Van Gansewinkel family, known from the waste company and co-owner of this formula, will try to relaunch anyway.

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