Despite slightly higher consumption levels in Belgium (especially in the food sector: +3.6%), trade federation Comeos fears that higher wages and ever growing renting prices in Belgium may threaten retailers' future turnovers.
Belgian retail turnover rises again, but "remain under threat"
(Content provided by EuroCommerce) With 100 days left before the EU’s General Data Protection Regulation (GDPR) comes into force on 25 May, EuroCommerce is reminding all retailers and wholesalers to take the necessary action to be ready and compliant.
American internet warehouse Amazon’s French division is looking for 2,000 employees to keep up with its strong growth. Amazon.Fr is not only the most popular web shop in France, but also in Belgium.
Decathlon passed the 10 billion euro milestone for the first time in 2016. Thanks to a strong international expansion, it now surpassed the 11 billion euro mark.
The French specialist in disposable products, Bic, will alter its board: current CEO Bruno Bich will pass on the reins to his 39-year old son Gonzalve who will have to halt the profit drop.
Dieter Struye, former Brico CEO, has joined Colruyt Group on Monday 12 February. He is now the general director non-food and therefore in charge of Dreamland, Dreambaby and ColliShop’s online activities.
German Metro managed to stabilize its first quarter profit compared to last year, despite a setback in Russia. It mainly cut costs in its Real restructuring plan.