Franchise formulas on the rise | RetailDetail

Franchise formulas on the rise

Franchise formulas on the rise

Franchise formulas are an increasingly more common item in the retailing world, according to ING Economisch Bureau's third theme report Winkelgebied 2025.

Their presence has increased a lot and they grow faster, while the risk is shared and it requires a smaller amount of capital. 60 % of consumers also find it important that these chains are present in shopping areas.

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CK Hutchison owner steps down


Li Ka-shing, CK Hutchinson’s owner and CEO, will step aside mid-May. The 89-year old will then pass on the baton to his eldest son, Victor Li, who will then take control of chains like Kruidvat and ICI Paris XL.

Toys ‘R’ Us goes bankrupt


The definitive end is approaching for the former toy store giant, Toys “R” Us. After the death sentence was signed for its 100 British stores, its American store network will also shut down.

Unilever chooses Rotterdam


The long-standing rumour has now been confirmed: Unilever will have its main office in Rotterdam, rather than London. The food and detergent giant’s board has made the call after nearly a year of debate.

Claire’s edges closes to bankruptcy


Store chain Claire’s is allegedly preparing to shut down in the next few weeks. Following that, the current owner, Apollo Global Management would give the company to several debtors.

Poland introduces gradual Sunday trading ban


For the first time since the collapse of communism, Poland is restricting trading on Sunday for (larger) retail players. The ban is being introduced gradually, but stirs up emotions among Polish consumers, traders and employees.

RetailDetail Congress 2018: Belgian retail CEOs speak up


This year the annual RetailDetail Congress will present something entirely unique: a panel of Belgian top-level retail CEOs will discuss their industry’s opportunities and will debate on the matter.

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