Belgium has always been very keen on cross-border e-commerce, but a report now reveals that all of the ten biggest web shops in the country are in foreign hands.
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Makro Belgium will receive another 40 million euros from German parent company Metro, but that may well be the final lifeline. The Germans' patience with the loss-making Belgian branch is wearing thin: without a quick improvement the branch may be closed.
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Dutch chain Jumbo is preparing its conquest of Belgium in silence, but our editor-in-chief has found out which six towns will be among the first to welcome the yellow supermarket chain, based on permit procedures and other documents.
Belgian viticulture had to deal with weak weather conditions for the second year in a row. Nevertheless, the industry has performed well, with a 12 % production increase and a growing number of growers.
It was no secret that Jumbo was looking at Belgium, but the Dutch supermarket chain has now put up a job position for someone who has to look for ideal store locations.
In the next eighteen months, chocolate giant Barry Callebaut wants to increase its production by 20 % and to specialize itself in chocolate decorations. The Swiss powerhouse will therefore expand the production capabilities of its Belgian factories.
Nestlé announced that Michel Mersch will become Nestlé Belgilux’ new CEO. He will succeed Alexander von Maillot, who will transfer back to the Swiss main office.
In 2016, clothing chain C&A once again suffered a blow in Belgium. The Dutch company suffered a turnover drop, but also had to deal with a loss for the second straight year.
Swedish furniture chain Ikea wants to launch a web shop and a smaller store concept in Belgium, which will mainly serve as pick-up locations for online orders. Ikea announced these measures in the wake of good sales reports in its fiscal year 2016.
Like-for-like turnover for Belgian lingerie manufacturer Van de Velde has grown 2.6 % over the past 6 months. Only its wholesale division grew, because its retail turnover dropped on the back of several store closures.
Over to the next 5 to 7 years, supermarket chain Lidl will invest about 500 million euro into the Belgian market, which should lead to 50 new stores and about 2,000 new jobs.
Dutch fashion brand Yaya is working on its international expansion, with a first Belgian store as an example of its drive. Stores in Luxembourg, France and Germany are to follow.
Leapp, which sells refurbished Apple products, aims to open another 4 stores in the current quarter and a whole range of additional stores later this year. This will continue the offline expansion at a rapid pace for a company that started as an online retailer.