Amazon will create 15,000 European jobs in 2017
  • Published in m-Tail

American online powerhouse Amazon aims to create 15,000 new jobs in Europe this year (among which 2,000 in Germany, 1,500 in France and 5,000 jobs in the United Kingdom), as the company looks to expand its logistics network and other services.

Peugeot confirms merger talks with Opel

French automobile group PSA, which owns brands like Peugeot and Citroën, is in preliminary talks with General Motors to see whether it can merge its own activities with two of GM's brands, German Opel and British Vauxhall.

Metro Group shareholders nearly unanimously approve split

99,95% of German Metro Group's shareholders approved the company's split into Metro and Ceconomy, bringing the actual split very close.

Sven Seidel resigns as Lidl CEO
  • Published in Food

Following internal talks with German discounter Lidl, CEO Sven Seidel has announced he will step down immediately, ending a 3-year stint as the company's leader. 

Slight first quarter turnover drop for Metro Group

German Metro Group's first quarter results have remained relatively stable compared to last year. The Metro Cash & Carry Vietnam sale in 2015 did result in a profit drop this time around.

Beate Uhse CEO only lasted 4 months

After only 4 months in charge, Nathal van Rijn will vacate the position of German Beate Uhse CEO. According to the board, there was a mutual understanding that the collaboration would not yield the necessary results and therefore each party will go its own way.

Media Markt rents out electronics in Germany

Media Markt Germany launched an electronics rental service trial. After a rental period of at least 1 month, the customer can then decide to buy the item.

Insecure future for vegan supermarket
  • Published in Food

Despite the increased focus on a vegetable diet, the vegan supermarket business model does not seem to be financially stable: Veganz, the world's first vegan supermarket chain, is in trouble.

Hugo Boss turnover continues to drop

German fashion brand Hugo Boss' fourth quarter turnover dropped 1 % to 725 million euro. Particularly its American performance suffered, but the company met its own full-year expectatiosn nonetheless.

Zalando surpasses 1 billion euro milestone in fourth quarter
  • Published in m-Tail

German fashion web shop Zalando generated a turnover between 1.086 and 1.094 billion euro in the fourth quarter, up nearly 25 % and the first time its quarterly turnover surpassed 1 billion euro.

Aldi launches new animal welfare quality mark
  • Published in Food

Aldi has launched the new ‘Für Mehr Tierschutz’ (For more animal welfare) quality mark, something consumers will start seeing on several dairy products later this year at both Aldi Nord and Aldi Süd.

Slight Q1 turnover drop for Metro Group

German Metro Group's Q1 turnover has dropped 0.6 % compared to the year before, although there is a slight 0.1 % like-for-like turnover increase.

Zalando will adjust clothing at home
  • Published in m-Tail

Zalando is to launch a new service, which will send a tailor to the customer's house to adjust clothing from online orders. The Order a Tailor service is one of the ideas from Zalando's hack weeks.

Lidl beats Aldi in discounter turnover battle
  • Published in Food

German supermarket chain Lidl expects to generate a 70 billion euro turnover in its current fiscal year, which ends in February 2017. With a result like that, Lidl would beat Aldi Süd and Aldi Nord's combined turnover.

The Dutch in charge after Metro Group split

After Metro Group's split into Metro and Ceconomy, both branches will be led by a Dutch CEO. The aim of the split is to create two stronger branches.

Lidl trials Express formula with smaller product range
  • Published in Food

Discounter Lidl is trialing a new formula in Berlin: Lidl Express. It carries a smaller product range than normal, but is also a pick-up point for online orders.

Metro Group unveils details of split

German Metro Group has unveiled the details about the company split into two separate entities: one with a focus on consumer electronics, the other grouping Metro's food and wholesale divisions.

Metro Group reaches profit forecast

In fiscal 2015-2016, German Metro Group managed to reach its profit forecast. Previously, it had announced its full-year turnover dropped slightly compared to the year before.

Foodpanda becomes part of Delivery Hero
  • Published in Food

German meal delivery service Delivery Hero has acquired its competitor Foodpanda, another step in the branch's consolidation process.

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