Zara-eigenaar stelt nieuwe CEO aan

Carlos Crespo is suggested as Inditex' new CEO, a position currently held by Pablo Isla. He is also Inditex' chairman and wants to focus on his other role at the helm of the company that owns Zara.

Rallye, the owner of French retailers like Casino and Monoprix, is granted protection from creditors. The group is in serious financial difficulties and now has at least six months to settle its debts.

Researchers say that retailers should actually pay 33 euros more for a pair of jeans, to take into account hidden expenses such as damage to the climate and workers' rights.

The Dutch catering wholesaler Sligro had imagined its conquest of Belgium in a completely different way. Every new store is a new struggle: "The competition has made it very difficult," says CEO Koen Slippens.

the beyond burger

Meat alternatives are an as yet underdeveloped but very promising category: according to a new study, this segment could make up for ten precent of the worldwide meat market within ten years, meaning a turnover of 125 billion euros - ten times what it is today.

This week, the offices of supermarket chains Casino and Intermarché (in France) and Carrefour and Louis Delhaize (in Belgium) were visited by inspectors from different competition authorities. They are investigating whether the retailers violated antitrust regulations with their purchase alliances.

American fashion chain Urban Outfitters is launching a rental service for women's fashion, named Nuuly. Other brands have been experimenting with similar services to respond to changing consumer behaviour.

Disappointing sales figures and the high costs of store closures have impacted the results of Marks & Spencer. To finance the recent deal with online player Ocado, the British retailer will now issue new shares.

The Belgian Tax Office claims 30.44 million euros of tax money from brewery group AB InBev. On Friday, two court cases will be brought before the Dutch-speaking court of first instance in Brussels, despite an existing tax deal.

Test Aankoop wil Nutri-Score verplichten in Europa

Seven European organisations for consumer rights demand that Nutri-Score, a better version of the traffic light food information system, be made mandatory. They have started an online petition, which needs to get a million signatures before it can be brought to the European Commission.

Jamie Oliver restaurants are done for

According to British sources, most (if not all) of Jamie Oliver's restaurants are terminating their activities. This is a new big blow, after twelve restaurants were already closed in the last restructuring. 1,300 jobs are at risk.

Spar continues strong growth

Supermarket group Spar International continues to expand: for the third year in a row, turnover has grown by more than 5 % as Dutch and Austrian sales soar.

Lidl is reducing its online product range. In at least two countries, the German discounter is closing its online wine shop. The chain thinks delivery costs for wine are too high, compared to the income it generates.

Coca-Cola, Colgate and Maggi remain the biggest consumer brands in the world. It is becoming increasingly difficult for FMCG brands to grow: the key is to focus on penetration and not to forget older consumers.

Rough quarter for Ceconomy

German Ceconomy, the holding that includes MediaMarkt and Saturn, has had a tough quarter due to negative currency and calendar effects. Still, the company reaffirms its prospects for the rest of the year.

Belcampi lanceert eerste Belgische pasta

For the first time ever, a company has been able to produce Belgian pasta made from durum wheat actually grown in Belgium. This is the result of a pilot project that was started three years ago by Wim Heylen of investment company Heylen Group.

Albert Heijn test dynamische kortingen

Dutch supermarket chain Albert Heijn is experimenting with dynamic discounts for fresh products. The discount is not only dependent on the best-before date, but also on other factors such as the weather, and is determined by artificial intelligence.

The Belgian Competition Authority is investigating whether some supermarket chains have violated competition rules. Yesterday, a search and seizure took place at the headquarters of Carrefour and Provera (louis delhaize). For clarity's sake: Ahold Delhaize is not involved in the matter.

De voormalige Grand Bazar in Antwerpen

Belgian retailers mourn the death of Jacques Dopchie, who rebuilt the old Grand Bazar (pictured) into the modernised retail empire GB Inno BM. Dopchie and his wife died together, at the age of 90.

Zalando wants to recuperate 'missed turnover'

German fashion web shop Zalando wants to stimulate the direct delivery of goods through partnered fashion stores, after it turned out the German e-tailer lost a billion euros worth in turnover last year due to supply shortages in its own warehouses.