Nestlé and European purchase alliance AgeCore – which includes Colruyt – have reached a deal after months of conflict. The boycott of some 200 Nestlé products will now come to an end.
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Colruyt, Edeka and Intermarché are approaching a deal in their price dispute with Nestlé. The Swiss food manufacturer will make concessions in a new proposal as the retailers’ supplies are dwindling.
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Since February, members of purchasing group Agecore are putting pressure on brand manufacturer Nestlé to enforce better purchasing conditions. The conflict seems to escalate: the number of references that disappear from the shelves continues to rise.
Colruyt has taken at least 18 Nestlé products from its shelves, because it failed to reach a deal about the pricing. For that reason, the products have been temporarily removed from Colruyt stores.
The mailman will deliver groceries every two weeks from now on: PostNL will collaborate with new grocery service Stockon in the Netherlands. A remarkable fact is that its private label brands are Boni, which is Belgian supermarket chain Colruyt’s private label.
European purchase alliance, Agecore, has threatened to cut 160 Nestlé products from its list unless the Swiss agree to better conditions. Colruyt, Coop and Edeka are members of Agecore.
Dutch supermarket chain Jumbo was not eager to divulge the extent of its ambitions for the upcoming expansion to Belgium, but RetailDetail has found out that real estate agents have been asked to procure no fewer than thirty locations by 2019.
Can one French and several Dutch managers do what the Belgian management failed to do these past few years at Delhaize Belgium? Its new CEO will face plenty of challenges: we count at least seven.
Both Ahold Delhaize and Colruyt suffered blows on the stock exchange as it seems like investors have completely lost faith in supermarket shares. However, they are not all alike, because Ahold Delhaize seems to bounce back, unlike Colruyt.
Providing everything goes according to plan, Colruyt will open its fourth store in the Grand Duchy of Luxembourg in November. Soon, it will open another three, although there is local dissatisfaction.
Belgian group Colruyt has made its Cara Pils and other private labels available on Chinese eCommerce giant Alibaba’s platforms, but for the time being, only professional customers can acquire Colruyt’s brands.
Belgian Colruyt Group has introduced the Xtra card and the mobile Xtra app as the single loyalty card for all of its store formulas. The company hopes it will help understand customer behavior better and will build a platform with never-before-seen capabilities.
Amazon’s US strategy seems to focus on physical pick-up points, but the online giant is also feverishly targeting increased European growth. How are traditional players to react?
In this year's list of 100 best-performing CEO's in the world, compiled by Harvard Business Review, there are four Belgians, but no Dutch CEO's at all. Among them two retailers, as Heineken and Colruyt are led by Belgians.
Colruyt has sold its French food service division, Pro à Pro, to Metro. The Belgian department store group said it needed to sell as the industry is currently consolidating.
Jef Colruyt, Colruyt Group's CEO, said he wants rules about the composition of household products. He fears customers will be tempted by cheap but, according to him, inferior products offered by price breakers.