German department store chain Karstadt is to open two stores in Berlin, that aim to reinvent themselves as a "networked marketplace". It will be the first new Karstadt department stores in the German capital for thirty years.
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Dutch e-commerce group Coolblue has terminated hundreds of its web shops, instead preferring one central web shop at coolblue.be/nl. This may be the precursor to an international expansion, the company says.
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Chinese retail giant Alibaba will invest 1.4 billion dollars in postal service ZTO and will obtain 10 % of the Chinese package service’s shares. Alibaba is also looking for a logistics center in Germany in order to conquer the European market.
Belgian accessory label Komono wants to double its number of physical stores to ten this year. “The stores are important to tell our story”, Anton Janssens and Raf Maes told De Standaard.
An expansion into Wallonia and France beckons for Belgian paint web shop deverfwebshop.be and its new counterpart boutiquepeinture.fr. Moreover, the company is looking for a new financial partner to help with this move.
Shoe chain vanHaren wants to invest a lot in its Belgian expansion in the next few years. It opened its first five stores in 2017 and will open another eleven this year. Wallonia is also part of its expansion plan.
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.
C&A has introduced its webshop to another eleven countries, instantly more than doubling the range of its online activities. Denmark, Finland, Greece and Sweden are completely new markets, where the chain doesn't have physical stores yet.
Amazon is apparently interested in several of bankrupt Toys ‘R’ Us’ stores, because their locations and stores would fit Amazon’s own retail formulas.
Aldi has had an online presence in China for a year now, but the German discounter is now planning to open a physical store network there as well. Within a few years’ time, it should have fifty different stores.
French sports retailer Go Sport, which has twelve stores in Belgium, has very ambitious expansion plans. Spain and Poland are its European targets, but it will also focus on Morocco and India.
Ever since Lieven Vanlommel acquired Foodmaker in 2014, the company has been steadily marching on: following its Belgian expansion, it is now looking abroad and it aims to double its store network by 2020.
Lidl had hoped to have about a hundred stores in the United States by the summer, but will be forced to adjust its first-year goals. The German chain currently has 49 stores in the United States.
Hema will head outside of Europe for the first time ever: it will open three stores in Dubai later this year. In the next five years, the Dutch chain aims to open a sizeable number of Middle-Eastern stores.
Antwerp fashion brand Essentiel is looking for additional funds, mainly to finance its international expansion. Up until now, it had only used its own money to grow.
Belgian hamburger restaurant chain Ellis Gourmet Burger wants to expand into new countries, following Belgium, the Netherlands and France. That is why it seeks an investor to help finance that expansion, which may lead to a new majority shareholder.