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.
Belgian supermarket chain Delhaize is changing the composition of its Board of Directors as Françoise Burlet leaves the company. The EVP Commerce is responsible for buying, marketing, quality and store concepts: those will be divided among two other directors.
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Dutch supermarket chain Jumbo has achieved a 16.5 % turnover growth this semester, increasing its market share to 21.6 %. Expansion towards Belgium is next on the agenda.
Belgian beer giant AB InBev has decided to cancel the IPO of its Asian branch: demand for the stock was expected to disappoint due to its launch price, which American investors thought was too high. The supposedly biggest FMCG flotation of all time therefore is no more.