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.
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.
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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.
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.