Belgian hypermarket chain Cora expands its store La Louvière with a shop-in-shop for babies clothing of French fashion retailer Kiabi.
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After German Edeka, French retailer Intermarché also wants to leave the AgeCore alliance. In the background is a redrawing of the landscape of French purchasing alliances: "Everyone talks to everyone".
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Dutch online supermarket Picnic aims to start its French activities in Valenciennes in a few weeks' time, and has teamed up with Belgian hypermarket chain Cora.
Cora, a subsidiary of the Belgian Louis Delhaize group, is to terminate almost 1,100 jobs in its 61 hypermarkets. The jobs would be held by employees who refuse to approve the company's new social plan.
A major restructuring in France and the yellow vests weighed down the accounts of Belgian retailer Louis Delhaize (not a part of the Ahold Delhaize group). The owner of Cora and Match also suffered losses in Belgium and Romania.
French supermarket chain Cora’s results remained stable for its fiscal year 2016, outperforming its competitors that had to deal with lower turnover.
The main stories in the Benelux retail sector were financial results for Ahold Delhaize and Carrefour. Moreover, Hema has decided to apply its international format in its Dutch home market as well, and AB InBev has signed a deal with the world's largest beer terminal.