Published in Food on 02-04-2014
Yoni Van Looveren
Steppin' out went bankrupt last year, but the number of stores is back on the rise as its sixth store will open next week.
Four stores reopened almost immediately after the bankruptcy, but another 2 have now joined the line-up.
Large mainstream retailers can’t find an adequate answer to the power of hard discounters, multinationals see the value of their brands decrease: private label is causing a true revolution, says expert Koen de Jong of IPLC.
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Belgian Greenyard, which processes fruit and vegetables, has announced a major transformation plan in order to lower its debts. The company has announced to sell its factory in Hungary, divest its Prepared division and cut up to 422 jobs, mostly in the United Kingdom and Germany.
Coop has opened a concept store called Fooby in Lausanne. It is a premium foodmarket based on Coop's culinary online platform of the same name.