Published in General on 02-05-2014
Book store Donner has managed to avoid bankruptcy thanks to crowd funding, as more than 250,000 euro was gathered to save the shop.
The current location will be abandoned and the store will relocate to a 3,000 sqm spot on the Coolsingel.
Large flagship stores continue to distinguish themselves through their unique experience and local anchoring, according to former Kaufhof leader Olivier Van den Bossche. Department stores might also take on the role of omni-channel hubs in the future.
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German retail giant Metro has sold a majority interest in its Chinese operations to local retailer Wumart. The sale fits in with the group’s strategy to focus more on professional customers.
The Belgian branch of Thomas Cook Retail, which filed for bankruptcy two weeks ago, is partly starting over again under the umbrella of the Spanish travel agency, Wamos. As a result of the takeover, 195 employees were able to return to work.