Electronics
Dutch photo and video specialist Kamera Express has strengthened its position in Europe by acquiring the German Foto Gregor group, a chain with nationwide coverage in Germany.
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Aldi is going to sell refurbished iPhones in its Belgian stores from this weekend on. This follows a similar initiative in the United Kingdom last year.
Dutch e-tailer Coolblue is likely to make a second attempt to go to the stock market in the coming weeks. However, it is currently unclear whether this will be in Amsterdam or Brussels.
Dutch e-tailer Coolblue has announced it will open its third store in Antwerp. It will be three times as big as the current store, its oldest existing store in Belgium. As such, the plans symbolise Coolblue's explosive growth in Belgium.
Over the last three months, Ceconomy, the parent company of MediaMarkt and Saturn, has seen comparable sales increase by around 8 per cent. However, in Germany, the group's most important market, the recovery is slow.
Coolblue’s Belgian turnover grows faster than its group turnover, thanks to the opening of new stores and the roll-out to the French-speaking part of the country. The retailer belongs to the winners of the corona crisis.
At the end of this year Coolblue will open its first German store, more specifically in Düsseldorf. About a year ago the electronics webshop started with its first deliveries in Germany.
Dutch e-tailer Coolblue is to open a sixth Belgian store in Kuurne by the end of the year, its first in the coastal province of West Flanders.
Google has opened its first physical store in New York: the flagship store mainly displays the company's electronic devices, but also services such as Google Translate and YouTube.
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.
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.
The future of retail lies not in selling products but in building a platform on which consumers can share their passion. CEO Ben Cornelisse describes the unique retail model of Kamera Express.
This summer, Google will open its first-ever physical shop in New York. Customers will be able to go there to buy the tech giant's hardware products and get support.
As of 1 August Dr Karsten Wildberger will be the new CEO of Ceconomy. He will also become CEO of Media-Saturn-Holding-GmbH (MediaMarktSaturn), bringing an end to the double management structure.
Coolblue was able to quadruple its net profit last year: it went from 15.2 to 61.1 million euros. This implies a record-breaking profit for the electronics retailer, which is aiming for an IPO.
Kamera Express will acquire its German counterpart GM Foto. The Dutch photography and video specialist now operates another two superstores in Germany.
