The new generations of consumers are shopping radically different compared to their parents. This forces retailers to reinvent themselves drastically. But it's no reason to be intimidated: there are many opportunities. "Would you think Amazon offers such a great experience, maybe?
According to the newspaper ‘Les Echos’, Casino is conducting exclusive negotiations with Aldi regarding the sale of Leader Price. The possible transaction fits the rescue plan announced on 20 August.
The Finnish supermarket chain, S-market, holds its own 'happy hour' every day, where the retailer applies extra large discounts to those food products nearly reaching their expiry dates.
In Dallas, Walmart has opened an extensive health centre, in addition to renovating the hypermarket. This is how the world's largest retailer wants to gain a foothold in the lucrative health market.
The creditors of the fashion group Gerry Weber have almost unanimously approved an insolvency plan, therefore paving the way for a new start with new owners.
Tom Tailor is close to a refinancing agreement. The clothing group has been able to conclude an agreement with the owner, Fosun, and the banks. As for Bonita, the cause of the problems, a new buyer is being sought.
Zara is currently testing automatic parcel machines in its stores in Germany: in their flagship store in Hamburg, there is room for as many as 700 parcels. The fashion chain’s aim, is to encourage click&collect.
Hema is experimenting with self-checkouts and online ordering from the shop floor: the chain of department stores has developed a 'shelf scanner', so that customers can scan their own products and pay for them using contactless payments.
Over the next two years, a new Aldi is to open almost every week in Great Britain. The fast-growing discounter wants a hundred more new stores.
According to sources at Amazon, the web giant has changed the search algorithms in order to rank both its own products and more profitable products higher in the search results.
Tony's Chocolonely has incurred substantial losses this year, as a result of heavy investments in foreign expansion. This is explained in an interview by RTL Z with the man at the top, Henk Jan Beltman.
Avail, a new social e-commerce platform, was launched today to bring together emerging fashion brands and fashion lovers. It is an initiative of entrepreneur Wouter Torfs and the Belgian venture capital fund 9.5 Ventures.
During the first half of the year, e-commerce in Belgium grew by 7% compared to the same period last year. This is illustrated by figures from BeCommerce Market Monitor.
Yesterday, H&M Group announced that their budget fashion chain, H&M, which represents the majority of Group sales, will trial selling external brands and products. A major change of strategy.
In the third quarter, H&M Group recorded a 12% increase in sales. Taking into account constant exchange rates, the increase was 8%. And it was all thanks to a good summer.
The European Union is opening new investigations into 39 companies that may have benefited from unfair tax advantages in Belgium. These include AB InBev, as well as retail chain Celio.
With the acquisition of Ellos (Sweden), fashion group FNG wants to achieve synergies of up to 30 million euros. Analysts at ABN Amro, however, have raised questions about this, both in terms of financing and the actual benefit of the acquisition.
Unilever, Carlsberg and Arla Foods are going to change the use-by dates on some of their products. The well-known 'best before' message will be extended with the text 'often good after', as a result of manufacturers wanting to prevent consumers from systematically disposing of perfectly edible products.
Ahold Delhaize, in cooperation with Hanshow Technology, is to equip all of its European stores with electronic shelf-edge labelling. Both companies also want to develop new digital 'in-store' services and explore possibilities together.
The launch of Westfield on the European continent was celebrated in Paris. The shopping centre operator will have ten Unibail-Rodamco shopping centres under their responsibility, ranging from France to Sweden.