Schwarz Group invested five billion euro in 2015, which is a record for the company owning discounter Lidl and Kaufland. The majority of the funds went towards new store openings and an update for the current store network.
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German furniture web shop Home24 plans to open its first physical outlet store in Berlin on 23 April. It will use the novelty to sell furniture it can no longer sell online, like items with small flaws.
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Redcoon, Media-Saturn's eCommerce subsidiary, is in the middle of a tax evasion scandal. If found guilty, it will have to pay millions in belated taxes.
A gift shop retailer in the German city of Essen is so sick and tired of customers only browsing his items that he has decided to charge a 2 euro entry fee to anyone who enters the store.
The Hamm Reno Group, one of Germany and Europe's largest shoe groups, has been sold to a group of investors. Capiton, backed by Turkish Ziylan Group, will obtain the majority of shares.
German Metro Group has decided to split into a Wholesale & Food Specialist group and a Consumer Electronics group by mid-2017. The aim is to speed up the decision-making process, leading to more flexible and efficient companies.
The 30 largest German supermarket groups managed a 2.5 % turnover increase in 2015 (243.99 billion euro). Edeka is still number one, but Aldi (+ 1.5 % in 2015) jumps from 5th to 4th, surpassing Metro.
German car manufacturer BMW is planning its very own European version of taxi company Uber, according to interview statements made by board member Peter Schwarzenbauer.
Hudson’s Bay has plans to invest 1 billion euro in department store chain Galeria Kaufhof in the next five to seven years, according to CEO Jerry Storch's statements in German business paper Handelsblatt.
Aldi Süd has added an increasing number of name brands to its product range. After it had introduced Lenor, Coca-Cola and Leerdammer (among others), it will now add Wagner Pizza, Head & Shoulders and Pampers.
Online optician Mister Spex opened its very first physical store in the German capital of Berlin. It already has a presence with 500 partner stores, but this is its very first store of its own.
Henkel's turnover and profit in 2015 grew markedly, partially because of its strong performance in the emerging markets. The German consumer goods giant targets another turnover increase this year.
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.
Dutch fashion brand Scotch & Soda wants to expand a lot, thanks to a show during New York Fashion Week. It hopes this will help double the company's profit and turnover within the next three years.