Food
Sligro Food Group sold its struggling supermarket chain Emté to a group which consists of supermarket companies Jumbo and Coop.
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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.
Retail report
Budget private labels are not the right strategy to fight off hard discounters, according to the International Private Label Consult (IPLC). Their inferior quality damages a supermarket's brand image and its margins are dwindling.
General
V&D and La Place's guardians informed they have been unable to relaunch the V&D department stores. This means that only the external La Place locations were sold to Jumbo and that the intended V&D Group relaunch failed.
A high-low model or fixed low prices, the choice is a well-known retail conundrum. Several European supermarket chains seem to want to get rid of the very large discounts, but is that actually a realistic ambition to have?
