Sainsbury's, the second largest supermarket chain in the UK, had a strong quarter: in the midst of the corona crisis, sales rose sharply, while online sales more than doubled.
H&M Group will close 170 stores this year, following the corona crisis and the losses incurred by the fashion group as a result. The focus will be more on e-commerce.
Colruyt Group takes a majority stake in the Belgian data specialist Daltix. In this way, Colruyt wants to expand its 'real-time' insights into price and consumer behaviour, while Daltix hopes to realise its international growth ambitions.
French baby store chain Orchestra Prémaman is going to fall back on the French-speaking part of Belgium, closing all stores in the Dutch-speaking part. "We have never been able to make a breakthrough there", founder Pierre Mestre admits.
Swedish fashion chain H&M recorded a net quarterly loss for the first time in decades: sales halved as a result of the lockdowns and price cuts put pressure on margins.
Two milestones in one for Dutch electronics retailer Coolblue: its new store in Brussels is its largest so far, and the first in (partly) French-speaking territory.
The coronavirus crisis hit Nike hard, with the sportswear brand suffering an unexpected net loss and a 38 % drop in sales in the last quarter. The reason for the net loss is the expensiveness of e-commerce, apparently.
The Covid crisis has hit certain department stores very hard: can they recover - and, if so, how? The book The Future of Department Stores sheds some light through own analysis and interviews with icons from the sector.
The group of French family Zouari (current owners of frozen food giant Picard and one of Casino's major franchisers) wants to buy organic chain Bio c’Bon.
Belgian supermarket chain Delhaize has opened its biggest store yet in Schmiede (Grand Duchy of Luxembourg), measuring 3,450 sqm.
The potential sale of Lipton by Unilever is attracting a lot of interest: six groups of investors are already considering an offer, including the parent company of chocolate producer Barry Callebaut.
Amazon is putting two billion dollars in a climate fund that the retailer plans to use for investing in 'clean' technologies. In doing so, the e-commerce giant wants to offset its huge ecological footprint, which appears difficult to reduce.
Dutch supermarket chain Jumbo has opened its fourth Belgian store in Antwerp. The product range has been adapted to the more varied, urban neighbourhood: compared to the first three stores, there is a larger offer in halal products, Eastern European brands and a sushi bar. However, one thing is strangely lacking...
In yet another lawsuit between Yves Saint Laurent and former artistic director Hedi Slimane, the French fashion house has once again emerged as the loser: YSL is sentenced to pay nearly 700,000 euros to Slimane for the use of Slimane's photos.
It seems that the current scandal at Belgian fashion retailer FNG has been deeply rooted into its past. Is finding out who benefited the key to the secret? And what else will be uncovered?
The coronavirus crisis has already cost the Belgian fashion chains some 1.2 billion euros in turnover, trade federation Comeos calculated.
The new owners of Dutch retailer Hema are already looking to sell their chain - and they are not very subtle about it. CEO Tjeerd Jegen says he will not accept just anyone.
Outdoor brand The North Face has decided to stop running ads on Facebook, as civil rights organisations in the United States are calling for a boycott of the company (and its subsidiaries like Instagram).
Belgian supermarket chain Delhaize wants to open 30 additional stores this year, on top of the 23 it already opened in the first half of this year. If anything, the coronavirus crisis seems to have given the chain a boost.
Founder Pierre Mestre regains control of Orchestra Prémaman after a judicial reorganisation. This is good news for the Belgian branch of the baby chain, whose activities will be retained.