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Food

"Retail alliances provide countervailing force against omnipotence of multinationals"

Following the French court case against Intermarché for possible abuse of power, retail organisations are reacting with concern: purchasing alliances promote competition and keep consumer prices down, they argue.

» Read more

General

Shopping by appointment in the Netherlands, end in sight in England

Retailers in Belgium's neighbouring countries are getting the prospect of the ease of Covid restrictions: in the Netherlands, stores are allowed to welcome customers by appointment from 3 March. In the UK, all stores may be able to reopen normally on 12 April. 

» Read more

Cosmetics

Dettol-maker has had a record-breaking year

Reckitt Benckiser recorded its highest ever sales growth last year, thanks to Dettol and the coronavirus. The group is now reviewing its brand portfolio to maintain the momentum: Scholl is already on its way out.

» Read more

Food

Oatly oat milk to list on American stock exchange

Oatly, which is causing a great furore with its oat milk, is preparing an IPO in New York. The producer of plant-based dairy alternatives would be worth up to 10 billion dollars there.

» Read more

Food

AB InBev sees profits slip

Due to the corona crisis, AB InBev sold significantly less beer in 2020. Profits also decreased significantly. Nevertheless, the brewer was able to grow again in the second half of the year.

» Read more

Food

Casino sees improvement after corona year

French retail group Casino performed better than expected last year: thanks to the corona crisis, sales at convenience stores and e-commerce rose sharply. But trading profit is also on the rise, and debts are being reduced further. 

» Read more

Fashion

PointCarré strengthens its presence on the French market

Belgian fashion chain PointCarré, part of Colruyt Group, has just opened a second French shop in Val de Briey. The multi-brand specialist also opens up its e-shop to French shoppers.

» Read more

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General

Omnichannel lessons to be learned from the Covid crisis: stores support online orders

Stores have become an indispensable part of the omnichannel strategy in times of Covid: it is a place where parcels get prepared, sent or collected from. Deloitte believes this trend will continue. But how can it be done more efficiently?

» Read more

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Electronics

Fnac Darty introduces new strategic plan

Electronics group Fnac Darty, also the owner of Vanden Borre, benefited from a strong online year in 2020 and wants to hold on to that applying a new strategic plan. In Belgium, for instance, they will launch a subscription service for repairs.

» Read more

Food

Cultured meat pioneer Mosa Meat raises 85 million dollars

Mosa Meat, the food pioneer that presented the world's first cultured meat burger in 2013, has raised the equivalent of 70 million euros in a new funding round. The money will serve to scale up the production of cultured meat.

» Read more

Fashion

Mango to open up webshop for complementary brands

Spanish fashion brand Mango is going to sell products of other brands through its webshop. Lingerie brand Intimissimi, part of the Calzedonia Group, will be the first new partner.

» Read more

Food

Rewe is second largest supermarket in Europe

German supermarket group Rewe claims to be the second largest food retailer in Europe: Thanks to the corona crisis, the group has reached a turnover of more than 75 billion euros, leaving only Lidl owner Schwarz Group behind.

» Read more

Retail: most read

  • +Analysis: Why Colruyt lost market share again »
    23/02/2021 | 09:27 | Food
  • Fashion retailer e5 remains in Belgian hands »
    28/01/2021 | 10:11 | Fashion
  • Tony's Chocolonely no longer on the slave-free chocolate list »
    16/02/2021 | 09:54 | Food
  • C&A joins forces with Zalando »
    15/02/2021 | 11:51 | Fashion
  • Jumbo to open "most sustainable supermarket in the Benelux" »
    17/02/2021 | 13:53 | Food
  • Aldi enters the gaming market »
    01/02/2021 | 10:10 | General
  • Carrefour sees record performance in 2020 »
    18/02/2021 | 09:52 | Food
  • A look at the very first Louis Vuitton restaurant and café »
    02/02/2021 | 14:43 | Fashion

Food

Nestlé buys British recipe box SimplyCook

Nestlé acquires SimplyCook, a British producer of recipe kits. For the FMCG giant, it is a new step in the direct-to-consumer market.

Read more »

General

Macy's pulls through tough year-end quarter and looks ahead with ambition

American department store icon Macy's has come through the fourth quarter on top of its game. The group's figures did not fall as badly as feared. For 2021, the company is aiming for results that could exceed market expectations, although the group is still cautious.

Read more »

Food

Brexit brings import of gin and whisky from the UK to a virtual standstill

Since Brexit, (the smaller) whisky and gin distillers from the UK are having a particularly hard time exporting their products to the EU. The reason is very straightforward. Due to Brexit, the excise tax systems are no longer linked, which means all goods are stuck in warehouses awaiting the completion of formalities.

» Read more

Food

Alpro asks EU not to impose additional rules on plant-based products

Next month the European authorities will discuss a possible ban on the use of certain terms to designate plant-based alternatives to dairy, better known as "Amendment 171". Alpro is calling on Europe to speak out against that amendment.

» Read more

Fashion

Zalando expands Zircle to Scandinavia

Zalando has expanded its second-hand webshop Zircle to Scandinavia. Customers in Sweden and Denmark can now also buy second-hand fashion items through the online platform.

» Read more

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Food

Analysis: Why Colruyt lost market share again

In the significant fourth quarter of 2020, market leader Colruyt once again lost ground. The winners are Delhaize, Carrefour and Lidl. A consequence of the current Covid pandemic, or is there more to it?

» Read more

Food

Carrefour eyes takeovers, but Casino is not a target

After the commotion surrounding the takeover bid by Canadian group Couche-Tard, Carrefour chief Alexandre Bompard wants to turn the page. "We are back on the offensive," he states. "But I don't see any big opportunities in France right now."

» Read more

Food

Danone acquires Vegenaise producer after a tough year

Danone acquired the American plant-based food manufacturer Earth Island for an undisclosed sum. The French food giant also published its annual results today.

» Read more

Fashion

Hermès far outperforms other big luxury houses

Handbag brand Hermès saw its sales drop by 7.2 per cent last year. However, the label managed to set an impressive growth track: by the fourth quarter, sales in Southeast Asia had already increased by 43 per cent.

» Read more

Food

Intermarché accused of abuse of power

In France, the buying centres of Intermarché are accused of "abusive commercial practices". The Ministry of Economy is taking the distributor to court, thereby potentially undermining the operation of alliances such as Agecore. 

» Read more

Fashion

Uniqlo overtakes Inditex (Zara) as the most valuable fashion company

For the first time, the stock value of Fast Retailing, the parent company of leisurewear chain Uniqlo, has surpassed the value of Inditex, the group that operates Zara, among others. In terms of market capitalisation, the Japanese fashion company is now at the very top of the global clothing industry.

» Read more

Electronics

Amazon lets customers vote on new Alexa devices

Amazon is launching 'Build It', the latest project for its Day 1 Editions programme. Only when there is sufficient interest in a device or design will it be produced.

» Read more

Fashion

Mango launches new store concept with an eye on sustainability

Spanish fashion company Mango has redesigned its store concept to better suit changing consumer behaviour. The first opening is planned for next month.

» Read more

Food

Aldi prepares for e-food in Germany

Aldi Nord and Aldi Süd are to merge their e-commerce activities in Germany and appear to be preparing to sell groceries online in the near future.

» Read more

Food

Walmart fails to turn Covid growth into profit

Walmart recorded a strong increase in sales during the Covid crisis, but unfortunately, it was unable to convert this growth into profit. The American retailer also worries about a meagre 2021, when the Covid measures are expected to phase out.

» Read more

Fashion

Massimo Dutti lets customers try on shoes virtually

Massimo Dutti, an Inditex subsidiary, has implemented a new augmented reality function in its app: a virtual shoe fitting room.

» Read more

General

The Netherlands leads the world in e-commerce

Almost a third of the world's population is already shopping online. This is partly thanks to the Dutch, who are the most avid online shoppers in Europe. The Netherlands even has the second-best e-commerce climate in the world.

» Read more

Fashion

100-year-old Gucci is left weakened after Covid

Gucci is causing luxury group Kering worries: Christmas sales were below par, especially compared to competitors such as LVMH. Is the brand with the capital G's, who is celebrating its centenary just this year, in bad shape?

» Read more

Food

Carrefour sees record performance in 2020

With a comparable turnover growth of 7.8% last year, Carrefour says it realised its best performance since at least twenty years. In Europe, Belgium and Spain are among the best performers. Higher costs, however, put pressure on net profits.

» Read more

+
Tony's Chocolonely chocolate bars

Food

Opinion - Removal from 'Slave Free' list should not throw Tony's Chocolonely off balance

It's not a pleasant day for Tony's Chocolonely. The Dutch advocate for fair chocolate has lost its "official" recognition by the organisation Slave Free Chocolate. A very harsh judgment, which shows little consideration for the broader picture.

» Read more

Food

Ahold Delhaize breaks records after a strong quarter

After a particularly strong fourth quarter, in which sales rose by 18 per cent, Ahold Delhaize rounds off the full-year 2020 with double-digit sales growth. The strong online performance is striking: bol.com is also breaking records. However, net profits declined.

» Read more

Fashion

Adidas throws out Reebok after a weak quarter

Adidas is selling its subsidiary brand Reebok. The sneaker brand is not doing well, and Adidas wants to concentrate fully on its own brand.

» Read more

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