RetailDetail | All retail news from Europe

Higher turnover but lower profits for Sligro
Dutch Sligro Food Group has had a mixed first half of the year, as turnover rose 11 % to 1,1 billion euro but net profit went down slightly from 26 million to 25 million euro.
3 Suisses bankrupt in Belgium
The Belgian branch of 3 Suisses has been declared bankrupt, after the sales period started with a disastrous 30 % decline in turnover. Eleven jobs are under threat.
The Belgian Chocolate House conquers city centres
For the first time, The Belgian Chocolate House (the world's largest chocolate retailer, selling 1000 tonnes per year) has opened a store in a Belgian shopping street. Antwerp has had the honour of receiving the chocolate store, where products can be immediately consumed.
Carrefour Belgium launches personal shoppers with 90 minutes delivery
In the intense struggle for the customers' favour, Carrefour Belgium has presented a new service - featuring personal shoppers, delivery within 90 minutes and an app that can be expanded into a market place.
JAB and Nestlé prey on Illy
There is no end to the consolidations in the coffee branch: both JAB (Jacobs Douwe Egberts) and Nestlé have expressed interest in Italian coffee maker Illycaffè, but it is not sure if the family owners want to sell.
Walmart and Microsoft team up to beat Amazon
Two major American companies join forces to try to beat the omnipresent threat of Amazon: Walmart (Amazon's biggest competitor in retail) and Microsoft (Amazon's main rival in cloud services) have signed a strategic partnership for the next five years.
Cultured meat in stores by 2021?
Commercialization of laboratory cultured meat is coming closer. Pioneer Mosa Meat has raised 7.5 million euros for the construction of a factory that will bring an affordable product to the market within three years.
Aldi commits to renewable energy
Aldi Nord has published an ambitious international climate policy: the retailer wants to reduce greenhouse gas emissions by 40% by 2021 and reveals some compelling figures in its second sustainability report.
Discounters' major opportunities for growth in Western Europe
Despite the multitude of stores in most European markets, discounters plan to open up to ten million square metres of store surface in five years' time. Even in so-called saturated markets they still see a lot of chances for growth, LZ Retailytics says.
Contamination bites huge chunks of Greenyard's value
Vegetable producer Greenyard is under attack after a listeria contamination in its Hungarian factory. The company says to have taken all necessary measures, but the share price plummets.

Food

Higher turnover but lower profits for Sligro

Dutch Sligro Food Group has had a mixed first half of the year, as turnover rose 11 % to 1,1 billion euro but net profit went down slightly from 26 million to 25 million euro.

  • The Belgian Chocolate House conquers city centres

    For the first time, The Belgian Chocolate House (the world's largest chocolate retailer, selling 1000 tonnes per year) has opened a store in a Belgian shopping street. Antwerp has had the honour of receiving the chocolate store, where products can be immediately consumed.

  • Carrefour Belgium launches personal shoppers with 90 minutes delivery

    In the intense struggle for the customers' favour, Carrefour Belgium has presented a new service - featuring personal shoppers, delivery within 90 minutes and an app that can be expanded into a market place.

  • JAB and Nestlé prey on Illy

    There is no end to the consolidations in the coffee branch: both JAB (Jacobs Douwe Egberts) and Nestlé have expressed interest in Italian coffee maker Illycaffè, but it is not sure if the family owners want to sell.

read more

Fashion

3 Suisses bankrupt in Belgium

The Belgian branch of 3 Suisses has been declared bankrupt, after the sales period started with a disastrous 30 % decline in turnover. Eleven jobs are under threat.

  • Adidas wants to strengthen bond with small retailers

    German sportswear giant Adidas says it wants to strengthen its bond with small-scale retailers after they claimed Adidas is too aggressive in pushing its web shop, especially as they feel the brand is favouring large international chains as well.

  • Several candidates to take over Men at Work

    There are several takeover candidates for both the Dutch and the Belgian stores of the bankrupt clothing chain Men at work. The curator is confident an agreement should be reached today in Belgium.

  • Burberry sales increases thanks to new strategy

    The new strategy of the British fashion brand Burberry starts to render: the company had a 3% increase of revenue in their own stores last quarter. In total, Burberry has now a revenue of 479 million pounds (520 million euros).

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