General

Mirage Retail Group (MRG), the company above chains such as Blokker and Intertoys, is postponing its IPO indefinitely. Reason is the continuing uncertainty due to the coronapandemic.

Thailand's Central Group, which already owns luxury department stores like Rinascente, KaDeWe and Illum in Europe, has an agreement to acquire British department store chain Selfridges, which has been for sale since the summer.

Will the iconic Black Friday shopping spree be a thing of the past? In its place, "Cyber 5" emerges with nearly a whole week of bargains, as shopping continues past opening hours. 

French retailer Carrefour is expanding its travel booking service to Belgium tomorrow, 1 December. However, unlike in France, customers will only be able to book their holidays online or over the phone: the retailer will not open physical travel agencies in Belgium.

Dutch online auction house TB Auctions, the market leader in Europe, is taking over the Belgian counterpart Vavato. The transaction takes place partly in cash and partly in shares.

On Thursday the RetailDetail Night, the end-of-year event for retail in the Benelux, will take place for the ninth time. All tickets are now sold out!

Dutch e-commerce platform Bol.com expects its strong growth to continue in the next few years, mainly thanks to its sales partners. Therefore, the capacity of the warehouses needs to double.