General

Action opens 1,000th store

Tomorrow is a special day for Dutch discounter Action, as it will open its 1,000th store in Gorinchem (in the Netherlands). The number of Action stores has almost doubled in the last two years.

Richemont forecast huge profit increase for first six months

Luxury firm Richemont, which owns watch brand Cartier for instance, has forecast an 80 % profit increase for the first half of its fiscal year. Turnover will also grow more than 10 %.

Safe.Shop is new global eCommerce trust mark

Safe.Shop is the world’s first global eCommerce trust mark. Currently, only twelve countries signed up, but that number should increase in the future.

Retailers the wrong target for action on the supply chain

(content provided by EuroCommerce) EuroCommerce Director-General Christian Verschueren has expressed his concern towards Agriculture Commissioner Phil Hogan that some of the statements in his speech on 5 October in Dublin could polarise the debate.

Zeeman doubles profit

Store chain Zeeman’s profit more than doubled in the past fiscal year compared to 2015. Turnover also grew several percent, mainly thanks to strong performances outside of the Netherlands.

British company acquires Intertoys and Bart Smit

Dutch retail holding Blokker has sold its toy division Intertoys to British investor Alteri. The store chain sale is part of Blokker Holding’s new strategy to focus only on its namesake chain.

London wants traffic-free Oxford Street

London’s plans to create a traffic-free Oxford Street have received a major boost, because the citizens also back the idea. Nearly two to three Londoners want to ban cars from the capital’s busiest shopping streets.

The EU looks at regulating tax paid by tech companies

(content provided by EuroCommerce) Following a call by ten EU Finance Ministers for action on the tax paid by multinational tech companies, European Commission Vice President Valdis Dombrovskis has launched ideas for fair taxation of the digital economy.

Amazon opens pop-up bar in Tokyo

Amazon will open a pop-up bar in Tokyo’s Ginza district in order to promote liquors it has on its web shop. It will be the first time Amazon opens its very own bar.

Hema wants another 150 Spanish stores

Hema wants to open another 150 stores in Spain. Following stores in Madrid and Barcelona, the Dutch chain is now targeting cities like Valencia, Bilbao, Malaga and Seville. French and German expansion are also on the to-do-list.

Amazon needs to pay Europe 250 million euros in back taxes

The European Commission had some bad news for American Amazon: it needs to pay an additional 250 million euro in taxes because the Commission feels it enjoyed illegal state aid from Luxembourg for many years.

Less than one week to Shoptalk Europe

(advertorial) Less than 50 tickets are available for the largest retail and ecommerce conference. Shoptalk Europe will be held on 8-11 October 2017 in Copenhagen.

Less than 10 days to Shoptalk Europe

(advertorial) Shoptalk Europe, the event for retail and ecommerce innovation held 8-11 October 2017 in Copenhagen, covers trends, technologies and business models reshaping how consumers discover and shop in an age of digital disruption.

Shoptalk announces new global event in Las Vegas

In 2018, Shoptalk Europe will combine with Shoptalk U.S. to create the first global event focused on retail and ecommerce innovation. First, however, Shoptalk Europe will be held on 8-11 October 2017 in Copenhagen.

Shoptalk Europe: prices go up at midnight

(advertorial) Shoptalk Europe, the event for retail and ecommerce innovation held 8-11 October 2017 in Copenhagen, covers trends, technologies and business models reshaping how consumers discover and shop in an age of digital disruption.

EuroCommerce: protectionism, Europe’s greatest challenge

(Content provided by EuroCommerce) According to EuroCommerce Director-General Christian Verschueren, the sector faces many challenges due to a rising tide of protectionism worldwide and within Europe.

Last ten days for cheaper tickets Shoptalk Europe

(advertorial) Shoptalk Europe (8-11 October in Copenhagen) is the new event for retail and ecommerce innovation. It covers transformational trends, technologies and business models reshaping how consumers discover and shop in an age of digital disruption.

"EU has to define eCommerce's boundaries better"

Dutch European Parliament member Marietje Schaak feels the European Commission should create a better framework for digital trade in and with European member states. Otherwise, major internet companies will decide the standards themselves, she fears.

Europe wants legal framework for franchisees

The European Parliament has accepted the “The functioning of franchising in the retail sector” study, which lists several solutions to strengthen a franchisee’s position.

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