Action targets German and French growth | RetailDetail

Action targets German and French growth

Action targets German and French growth

Dutch Non-food discounter Action aims to grow both in France and in Germany through several hundred new stores, according to CEO Ronald van der Mark's statement at a congress.

Room for discount stores

Van der Mark believes there is space for another 1,000 to 1,500 stores in Germany, while France should be able to house another 1,000 stores according to RetailNews. The CEO is in any case quite ambitious as Action currently only has 23 German stores and even fewer in France, with 17. The large majority of its 400 stores currently can be found in the Netherlands and in Belgium.

 

He believes France is a huge growth market as there are not as many discount stores there and the Action stores that are present in France are performing very well. The German Action stores are doing okay, but their performance is just below average.

Questions or comments? Please feel free to contact the editors


Not everyone is pleased with new European warranty guidelines

23/02/2018

The European Parliament approved a proposal to harmonize warranties all across Europe, but not everyone is satisfied with the content.

The world's first start-up supermarket, KaDeTe, opens in Berlin

22/02/2018

The world’s first startup supermarket, KaDeTe, will open its doors in Berlin next month. The physical marketplace will give young brands and companies an opportunity to engage consumers and buyers.

"Not a major surprise" if Unilever were to choose Rotterdam

22/02/2018

The Financial Times believes Rotterdam is in pole position to become the British-Dutch Unilever’s new main office, instead of London. The business paper claims the information comes from political insiders.

Record results for Henkel

22/02/2018

German Henkel experienced a strong 2017, with record numbers for both its profit and turnover. The company managed to surpass the 20 billion euro turnover milestone for the first time.

Go Sport divulges major international plans

22/02/2018

French sports retailer Go Sport, which has twelve stores in Belgium, has very ambitious expansion plans. Spain and Poland are its European targets, but it will also focus on Morocco and India.

American chains consolidate to fight Amazon

21/02/2018

American retailer Albertsons has acquired its competitor Rite Aid, after the latter had already sold a series of stores to Walgreens. The acquisitions are mainly a reaction to Amazon and other online players’ onslaught.

Back to top